World Bank

David Malpass, the head of the World Bank, announced on Wednesday that he will leave his position almost a year early, capping a term marred by controversy over his views on climate change. The American Republican...

Axel van Trotsenburg, the managing director of operations at the World Bank, made his first official trip to Bangladesh today and touched down in Dhaka. Van Trotsenburg will participate in a public event tomorrow in Dhaka...

Crude oil was the main driver of the 6.2% decline in global energy costs in December, according to a World Bank analysis. The price of crude oil dropped by 10.7% during the month. According to the...

The World Bank on Thursday announced a $2 billion package to support Ukraine’s private sector, in a bid to help pave the way for reconstruction amid the devastation resulting from Russia’s invasion. The latest package by...

Martin Raiser, the World Bank’s vice president for the South Asia region, makes his first trip to Bangladesh tomorrow and will be in Dhaka. Raiser will meet with the Finance Minister and other top government officials...

The World Bank signed off on Monday on a $300 million grant to Mozambique, marking its return to the country six years after it suspended aid over a hidden debt scandal. Mozambique’s Finance Minister Max Tonela...

As Bangladesh and the World Bank celebrate their 50-year cooperation, the World Bank has opened a competition for young people seeking ideas for climate-smart growth. All Bangladeshi undergraduate and graduate students are eligible to enter the...

The World Bank released $100 million Thursday for the World Food Programme to tackle “deep food insecurity” for two million people in Sudan, where aid was suspended following an October coup. The funds will help provide...

Two million people in Sudan, where aid was halted after a coup in October, now have “severe food insecurity” due to the World Food Programme’s release of $100 million on Thursday. According to a statement from...

Over 1.25 million people would benefit from the $500 million credit that the World Bank has approved for Bangladesh to help it better prepare for inland flooding disasters in 14 flood-prone regions. The Resilient Infrastructure for...