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World Bank should focus on poorer nations; Development Committee

By June 2021, the World Bank should step forward its efforts to include $160 billion in coronavirus assistance and to consider potential emergency funding...

G20 agrees to debt relief extension for poor countries

The financial leaders from the biggest economies, Group 20 (G20) have pledged to extend debt relief for the world's poorest countries and continue to...

World Bank approves $12bn for COVID-19 vaccines in developing countries

The international financial institution World Bank has announced $12 billion to support the purchase and distribution of COVID-19 vaccines, tests and treatment in developing...

UN warns against fossil fuel investments as World Bank face criticism

The United Nations (UN) Secretary-General Antonio Guterres urged development banks to avoid backing fossil fuel enterprises. The call comes after a study found that after...

$12bn COVID vaccine fund for poor nations in consideration at the...

World Bank President David Malpass is seeking board approval for a $12 billion coronavirus vaccine funding scheme to aid poor and developing countries to...

World Bank’s alert: Asia to witness slowest economy growth in 50...

The World Bank, in an economic update, opined that the pandemic is likely to pull down the growth of East Asia and the Pacific...

COVID-19 to affect some countries more than others: World Bank Chief

World Bank’s chief economist Carmen Reinhart said that the global economy may take as much as 5 years to revive from the crisis caused...

Political leaders ignored COVID-19 warnings causing a ‘world in disorder’: GPMB...

According to a report on international epidemic preparedness, a collective failure by political leaders to heed warnings and plan for an infectious disease pandemic...
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