Serious problems in the United Nations World Food Program’s response to the Sudan crisis are hampering the organization’s ...

The Austrian government has provided €10 million to the World Bank's Target Fund for supporting Ukraine's recovery. Source: ...

GENEVA (AP) — World Cup sponsor Bank of America teamed with FIFA for a second time Tuesday, signing for the Club World Cup ...

The World Bank on Tuesday said developing countries spent a record $1.4 trillion to service their foreign debts in 2023 as ...

Vietnamese property tycoon Truong My Lan has lost her appeal against her death sentence for masterminding the world’s biggest ...

The World Bank (WB) has estimated Pakistan’s total external debt stocks at $130.847 billion by end-2023 compared to $127.708 ...

The World Bank warned in a new report that poor countries will be stuck in economic “purgatory” without debt relief.

Developing countries spent a record USD 1.4 trillion to service their foreign debt as their interest costs climbed to a ...

The high cost of servicing foreign debt has pushed many developing countries to borrow more money from multilateral institutions like the World Bank, stretching their finances ...

The World Bank’s top economist called on private lenders to shoulder some of the cost of debt forgiveness for the poorest ...

Poorer economies are limiting investments in health, education, and the climate to avoid default and repay foreign lenders.

The World Bank in its latest International Debt Report, has revealed that developing nations spent an unprecedented $1.4 trillion on ...