Ajay Banga had spent most of his career in the private sector – as a banker at Citigroup and latterly as the CEO of ...

The World Bank has supported CDD in IDA countries to help address a variety of urgent needs, including water supply and sanitation, school and health post construction, nutrition programs for mothers ...

Highlights,A branch of the World Bank supporting development in the world’s poorest countries.,Offers low or zero-interest loans and grants to stimulate economic growth.,Focuses on poverty reduction, ...

and outward migration from IDA countries numbered 53 million. In Sub-Saharan Africa, intra-regional emigration is close to 70 percent of all emigration, which represents the largest South-South ...

The end of zero-interest loans signifies a shift from ultra-concessional financing. Bangladesh, already facing depleted foreign currency reserves and fiscal constraints, will encounter higher debt ser ...

However, others have continued to accumulate debts as they depend on global lenders like the IMF for financial aid.Experts have said that excessive debt accumulation from global lenders could ...

But the US gets much in return. For example, its contributions to the World Bank’s concessional lending arm, the International Development Association, are voluntary and renegotiated every three years ...

The World Bank announced Monday that it had approved a new project designed to improve energy efficiency and expand the use ...

The Integrated Transport Corridors Project aims to tackle climate-related challenges, especially in coastal regions where over 60 per cent of roads are small ...