- 25 November, 2024
Foreign Affairs, Geopolitics & National SecurityWorld Bank
Sudan cut off from $650 million of international funding after coup
By Aidan Lewis, Khalid Abdelaziz and Nafisa Eltahir KHARTOUM (Reuters) - Sudan was unable to access $650 million in international funding in November when assistance was paused after a coup,…
Global finance system partly to blame for inequality – World Bank’s Malpass
By Andrea Shalal WASHINGTON (Reuters) - World Bank President David Malpass on Monday said fiscal and monetary policies were operating in "uncharted territory" since the start of the COVID-19 pandemic…
Norway urges World Bank’s Afghanistan donors to channel funds to U.N.
By Michelle Nichols UNITED NATIONS (Reuters) - Norway is encouraging donors to a World Bank-administered fund for Afghanistan to agree to transfer $280 million to the World Food Programme and…
Donors eye Dec. 10 decision on shifting frozen funds for Afghanistan
WASHINGTON (Reuters) - Donors to the World Bank-administered Afghanistan Reconstruction Trust Fund (ARTF) have agreed to decide about a transfer of funds to humanitarian aid agencies by Dec. 10, a…
Exclusive-World Bank backs using $280 million in frozen aid funds for Afghanistan
By Arshad Mohammed and Andrea Shalal WASHINGTON (Reuters) - The World Bank's board has backed transferring $280 million from a frozen trust fund to two aid agencies to help Afghanistan…
China urges World Bank, IMF to help Afghanistan
By Yew Lun Tian BEIJING (Reuters) - Chinese Foreign Minister Wang Yi urged the World Bank and International Monetary Fund (IMF) on Wednesday to resume financing support to cash-strapped Afghanistan…
Lebanon president tells U.N. big challenges await government, help needed
BEIRUT (Reuters) - Lebanon's President Michel Aoun told the United Nations General Assembly on Friday that big challenges awaited his country's new government and asked the international community for funding…
External review finds deeper rot in World Bank ‘Doing Business’ rankings
By Andrea Shalal WASHINGTON (Reuters) - Weeks before the World Bank scrapped its flagship Doing Business rankings following a damning independent probe, a group of external advisers recommended an overhaul…
World Bank chief says report on pressure to alter data ‘speaks for itself’
WASHINGTON (Reuters) - World Bank President David Malpass said on Monday that a law firm's investigation detailing pressure from senior World Bank officials in 2017 and 2019 to boost certain…
World Bank pauses financial aid to Afghanistan: Spokesperson
Washington DC [US], August 25 (ANI/Sputnik): The World Bank is halting all financial assistance for projects to Afghanistan in the aftermath of the Taliban assuming power in the country, a…
Pakistan: World Bank teams in Kohistan to review security arrangements at Dasu Hydropower Project
Mansehra (Khyber Pakhtunkhwa) [Pakistan], August 5 (ANI): After 13 people were killed in a bus blast at the Dasu Hydropower Project, including nine Chinese nationals, two high-level World Bank (WB)…
World Bank unearths massive financial fraud in Pakistan
Islamabad [Pakistan], July 21 (ANI): The World Bank has unearthed a racket of 23 Pakistan companies adopting corrupt, fraudulent, collusive and coercive practices to win contracts for projects undertaken by…
