Sources: Al Jazeera
Saudi Arabia and Qatar announce they will pay Syria's outstanding debt of $15 million to the World Bank that the country accumulated throughout its civil war from 2011, allowing Syria to work towards post-war recovery and reconstruction, which is estimated to cost at least $400 billion. 2025-04-27
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
The World Bank releases US$150 million to support the Dominican Republic's efforts to contain COVID-19. 2020-04-3
According to a new World Bank report, climate change could drive more than 100 million people into poverty by 2030 largely due to difficulties producing crops. 2015-11-8
U.S. President Barack Obama nominates current President of Dartmouth College Jim Yong Kim to be head of the World Bank.2012-03-23
Bangladesh receives a loan from the World Bank to strengthen regional co-operation on wildlife protection. 2011-06-4
A US$600 million project to revamp the Democratic Republic of the Congo's colonial-era railway system is launched in the capital Kinshasa, primarily funded by the World Bank and China. 2011-05-12
The World Bank predicts that the 2011 Tōhoku earthquake and tsunami will cause a temporary slowdown in the Japanese economy before reconstruction has a positive economic impact. 2011-03-21
The World Bank approves a $3.75 billion loan for a coal-fired power plant in South Africa. 2010-04-9