World Bank
Sri Lanka to seek World Bank support alongside IMF loan programme – sources
By Uditha Jayasinghe and Devjyot Ghoshal COLOMBO/NEW DELHI (Reuters) - Sri Lanka will seek World Bank assistance to stave off a severe economic crisis in addition to an International Monetary…
World Bank approves $723 million in loans, grants for Ukraine
By David Lawder and Andrea Shalal WASHINGTON (Reuters) -The World Bank said its executive board on Monday approved a $723 million package of loans and grants for Ukraine, providing desperately…
World Bank halts all programs in Russia, Belarus
By Andrea Shalal WASHINGTON (Reuters) -The World Bank said on Wednesday it had stopped all programs in Russia and Belarus with immediate effect, following the Russian invasion of Ukraine and…
World Bank board backs using $1 billion in frozen Afghan funds for aid
WASHINGTON (Reuters) -The executive board of the World Bank on Tuesday approved a plan to use more than $1 billion from a frozen Afghanistan trust fund to finance urgently needed…
World Bank readies $350 million Ukraine disbursement, pledges more support
WASHINGTON (Reuters) -The World Bank Group on Saturday said it is readying a $350 million disbursement to Ukraine that the group's board will consider by the end of March as…
Exclusive-World Bank proposal would shift about $1 billion from Afghan trust
By Andrea Shalal, Jonathan Landay and Arshad Mohammed WASHINGTON (Reuters) -The World Bank's management has approved a plan to use some $1 billion in a frozen Afghanistan trust fund for…
India calls for more multi-lateral funding to prepare for future pandemics
NEW DELHI (Reuters) - India on Thursday urged the world's biggest 20 economies (G20) to make joint efforts to ensure increased multi-lateral funding by global institutions including the International Monetary…
U.N. has millions in Afghanistan bank, but cannot use it
By Michelle Nichols UNITED NATIONS (Reuters) - The United Nations has about $135 million in the bank in Afghanistan but is unable to use it because the Taliban-run central bank…
Poor nations pay highest debt service in 20 years -campaigners
JOHANNESBURG (Reuters) - Developing countries are paying more to service their debt than at any other time in the past two decades, with a heavier burden on the horizon if…
South Africa gets $750 million World Bank loan to bolster COVID recovery effort
CAPE TOWN (Reuters) - The World Bank has approved a loan of $750 million to South Africa linked to COVID-19, aiming to help protect the poor and support economic recovery…
Taliban increase payment in wheat as economic crisis deepens
KABUL (Reuters) - The Taliban administration said on Tuesday it was expanding its 'food for work' program, in which it uses donated wheat to pay thousands of public sector employees…
Donors back $280 million transfer for Afghan food, health
By Arshad Mohammed, Jonathan Landay and Andrea Shalal WASHINGTON (Reuters) - Donors agreed on Friday to transfer $280 million from a frozen, trust fund to the World Food Program (WFP)…
