Sources: Al Jazeera
A report released by the World Bank warns that the current economic crisis in Lebanon risks becoming one of the three most severe since the mid-19th century if its "bankrupt economic system, which benefited a few for so long" isn't reformed. 2021-06-1
Kyrgyzstan signs an agreement with the World Bank to purchase vaccines developed by Sinopharm. 2021-05-12
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
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 announces that its President, Robert Zoellick, is stepping down when his term ends in June. 2012-02-14
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
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