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TN Magazine Special reports Weekend

Road to Net Zero

Music & On-stage

Fashion & Beauty

Road to Net Zero

Music & On-stage

Fashion & Beauty

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World Bank

News from the global financial institution that provides loans and grants to developing countries, aiming to reduce poverty and foster economic development

A Palestinian woman walks past a graffiti-filled wall in the West Bank. Palestine’s economy shrunk by 11.5 per cent last year, one of the sharpest contractions on record. AFP

World Bank to donate $80m to boost Palestinian economic opportunities

EconomyOctober 22, 2021

WTO director general Ngozi Okonjo-Iweala told the Global Investment Summit that a global carbon price 'is the future'. Reuters

WTO chief says adoption of global price for carbon is essential

EnergyOctober 19, 2021

Shipping containers are stacked on a dock at the Port of Oakland , California. Disruptions to the global supply chain are continuing with extreme port congestion, lack of truck drivers and microchip shortage. AFP

Free flow of trade crucial for post-Covid economic recovery, experts say

EconomyOctober 15, 2021

World Bank president David Malpass. Photo: AFP

World Bank chief: Developed economies must do more to achieve green goals

EnergyOctober 15, 2021

Kristalina Georgieva had sharply criticised a report prepared by law firm WilmerHale for the World Bank's board and the decision to make its findings public. AFP

Georgieva hopes for strong IMF-World Bank ties after scandal

BusinessOctober 13, 2021

International Monetary Fund managing director Kristalina Georgieva. Photo: AFP

IMF board backs under-fire chief Kristalina Georgieva after review

BusinessOctober 12, 2021

International Monetary Fund Managing Director Kristalina Georgieva has come under pressure after a law firm's investigators alleged she manipulated data in an index that ranks countries, while she was chief exectutive of the World Bank. AFP

Fate of IMF chief in the balance as fund's annual meetings set to begin

BusinessOctober 11, 2021

US President Biden, who is pushing a giant infrastructure spending bill, including major funding for the green economy, argues that extreme weather across the US this summer is a harbinger of worse climate change to come. AFP

Climate change could displace 216 million people by 2050, World Bank says

EconomySeptember 13, 2021

The World Bank's headquarters in Washington, DC. The World Bank delayed plans to have more employees return to its headquarters until January 2022. AFP

World Bank delays return-to-office plans until January

BankingAugust 27, 2021

A US plane carrying Afghans at an airport in Madrid, Spain. The World Bank says it is 'deeply concerned' by the situation in Afghanistan, especially regarding women's rights, after the Taliban seized power. Getty

World Bank suspends disbursements to Afghanistan after Taliban seize power

BusinessAugust 25, 2021

A trader displays farm produce at Wuse Market, Abuja, Nigeria. The country is in talks with the World Bank’s private lending arm and other lenders to raise about $30 million to help finance a vaccine plant. Kola Sulaimon / AFP

Nigeria in talks to raise $30m to finance vaccine plant

EconomyAugust 20, 2021

The 11 days of hostilities with Israel in May killed more than 260 people, including 66 children and 41 women, the World Bank said. AFP

World Bank: Gaza needs $485 million for short-term recovery

EconomyJuly 07, 2021

A Palestinian woman walks past a graffiti-filled wall in the West Bank. Palestine’s economy shrunk by 11.5 per cent last year, one of the sharpest contractions on record. AFP

World Bank approves new four-year strategy for Palestine

EconomyMay 02, 2021

The World Bank has approved $2bn in vaccine financing for 17 countries.

World Bank expects to fund $4bn worth of Covid-19 vaccines for 50 poorest nations

EconomyApril 21, 2021

IMF managing director Kristalina Georgieva. The fund is laying out its global policy agenda as the global economy recovers from its worst recession since the 1930s. AFP

Expansion of reserves and lending policy tweaks are IMF priorities, managing director says

EconomyApril 07, 2021

People walk in the Medina, in the old city of Tunis. The World Bank approved $300 million in financing to help the country's poor deal with the pandemic. Reuters

World Bank to provide $300m to help poor families in Tunisia

EconomyApril 01, 2021

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