Sources: Al Jazeera
The World Bank approves a new financial intermediary fund consisting of grants from the United States, Japan, Canada, and other countries coupled with interest from frozen Russian assets to give to Ukraine as part of a $50 billion loan. 2024-10-10
The World Bank suspends all programs in Russia and Belarus in response to the invasion of Ukraine. 2022-03-2
The United Nations Economic Commission for Africa warns that the effects of the pandemic on Africa's economy could push the number of "extremely poor" Africans to 514 million people. The World Bank also announced a recession as the economies of African countries continue to shrink. 2021-12-24
Sudanese Finance Minister Ibrahim el-Badawi says Prime Minister Abdalla Hamdok is to ask the World Bank for US$2 billion. Sudan has been unable to do business with either the World Bank or the International Monetary Fund because it is featured on the United States' State Sponsors of Terrorism list. The US Congress is unlikely to remove Sudan before next year, el-Badawi further announces, saying he has been told the process is complicated. 2019-09-24
The World Bank urges the People's Republic of China to undertake financial reforms to keep economic growth on track. 2015-07-1
India has become the world's third-largest economy in purchasing power parity after the United States and China, moving ahead of Japan according to World Bank report. The last survey in 2005 had placed India in 10th place. 2014-04-30
U.S. President Barack Obama nominates current President of Dartmouth College Jim Yong Kim to be head of the World Bank.2012-03-23
The World Bank pledges to loan an additional $100 million to Pakistan. 2010-09-1
Contributions from Belgium, Canada, Finland, France, Germany, Ireland, Italy, Japan, the Netherlands, Norway, Spain, Sweden and Switzerland allow the World Bank to cancel $36 million in Haiti's remaining debt following January's devastating earthquake. 2010-05-28
The World Bank approves a $3.75 billion loan for a coal-fired power plant in South Africa. 2010-04-9