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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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)…