The bank published a report in 1993 which helped disparage industrial policy. Governments were instead encouraged to let markets operate without direction or barriers.

The World Bank has barred PricewaterhouseCoopers LLP network affiliates in Mauritius, Kenya and Rwanda from providing professional services for projects it finances for 21 months.

VIENTIANE: The World Bank has reaffirmed its commitment to supporting Laos' development efforts, while commending the country's progress in implementing its National Socio-Economic Development Plans a ...

The call came during a meeting with a high-level World Bank delegation at the central bank’s head office on Sunday (15 March) ...

International Monetary Fund (IMF) Managing Director Kristalina Georgieva delivers remarks ahead of the annual IMF-World Bank fall meetings, at the Milken Institute in Washington, D.C., U.S., October 8 ...

WASHINGTON — The global economy is proving more resilient than expected, with 2026 GDP growth expected to improve slightly over forecasts from last June, the World Bank said on Tuesday while warning ...

WASHINGTON, November 19, 2025 — The World Bank, in coordination with the Inter-American Development Bank (IDB), estimate that the physical damage to Jamaica caused by Hurricane Melissa totals US$8.8 ...

By Colleen Goko JOHANNESBURG, March 18 (Reuters) - The World Bank is working with Mozambique to tackle the country's mounting debt challenges, a senior bank official said, as its borrowing costs surge ...

WASHINGTON, Jan 13 (Reuters) - The global economy is proving more resilient ‌than expected, with 2026 GDP growth expected to ‌improve slightly over forecasts from last June, the World Bank said on ...

This year, the COVID-19 pandemic continued to have a detrimental impact on the health and welfare of billions of people, devastating economies and worsening inequality around the world. In 2020, about ...