The World Bank says it is lifting a ban on loans to Uganda that it had put in place two years ago when the country passed a ...

However, the financial institution says these updates do not impact how the international poverty line measures the ...

India's extreme poverty drops to 5.3% in 2022-23 from 27.1% in 2011-12, lifting 269 million people out of poverty, says World ...

The World Bank said it is committing $1 billion to help the Democratic Republic of Congo prepare for the development of the ...

The U.S. spends less than 1% of its budget on foreign assistance. Tim Rieser, a senior foreign policy aide in the Senate who ...

The World Bank has updated its international poverty lines as part of a routine global revision to reflect evolving price ...

The World Bank has called for more collaborative and impact-focused partnerships to effectively address development challenges across Africa. The call ...

World Bank Group President Ajay Banga has commended African Development Bank Group President Dr. Akinwumi Adesina for his "transformative leadership" as he concludes his decade-long tenure at the end ...

The World Bank has also updated the extreme poverty line from $2.15 to $3 per person per day. Because of the revision in the ...

The World Bank has revised the global poverty line, declaring 44.7% of Pakistan’s population as poor under a $4.20/day benchmark. Nearly 40 million Pakistanis now live in extreme poverty, earning less ...