Kristalina Georgieva said Trump should "assess the implications" before going ahead with a plan that has sparked fears of a trade war with China and Europe and spooked world markets.
‘We think the recovery is firm and the momentum is there says World Bank Development Prospects Group Director
Fiscal, monetary policies pushed economy 'to a much stronger-than-expected rebound in growth,' bank says
Bank expects Turkey's strong growth performance to continue in Q3, World Bank Country Director for Turkey says
Kim says bank working to maximize finance for development, especially for investments in human capital
The bank predicted that developing East Asia and the Pacific would expand 6.4 percent this year, 6.2 percent next year and 6.1 percent in 2019, slightly better than their last forecasts in April.
Loan to be used to increase domestic savings, enhance economic participation, ensure sustainable growth, says Treasury
IFC CEO Philippe Le Houerou said the fund will "lower the risk for the private sector and attract new investors -- essentially creating a market where there was none."
Some 1.06 billion people lacked electricity in 2014, "only a slight improvement since 2012," the report said.
A fresh investment from the World Bank will see Africa receive $57 billion for investment
World Bank's financial arm violated its own guidelines on environmental and social conditions, according to a new report
The bank also approved $41.5 million for a program to improve management of the country's public funds.
Loans to Sri Lanka would be at concessionary rates and repayments spread out over 15 years, the ministry said in a statement.
New report blames low oil, commodity prices plus a lack of reform hampering growth in ECA region
Bangladesh has been one of the worst victims of global warming, with thousands of people being killed by cyclones in recent years that have become more frequent and deadlier.
Globalization has largely benefited the world but must be "different" in the future IMF chief Christine Lagarde said Thursday.
The World Bank said that the number of people living on less than $1.90 a day – the accepted benchmark for extreme poverty, has fallen
The grant was signed Monday in Nairobi to mitigate impact of forced displacements on refugee hosting communities in East Africa
'The time has come to treat childhood stunting as a development and an economic emergency,' World Bank Group head says
The Syrian war and its effect on Turkey, Lebanon, Jordan, Iraq and Egypt 'have cost close to an estimated $35 billion in output,' according to the World Bank
The loan is expected to help Iraq dealing with economic shocks