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World Bank

The World Bank serves as an international financial institution granting loans to developing countries. The recipients have to pledge structural reforms in return.

The World Bank's official objective No. 1 is to reduce poverty. This page collates recent DW content on the lender's activities.

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DW Business - Europe 20.12.2019

Russia, Ukraine, EU agree on new gas deal - World Bank: Growing global debt could trigger crisis - Survey reveals e-commerce trends in Europe
Zentrale Weltbank Washington D.C.

World Bank says lending to China to drop 07.12.2019

The Trump administration has argued China is too rich to receive World Bank loans. The global financial institution said it was reducing lending to China.

Südafrika IWF | Antoinette Sayeh

More World Bank loans and grants on the cards for Africa 07.11.2019

The World Bank's International Development Association lends to the poorest nations. The economist heading its 2019 replenishment process, Antoinette Sayeh, told DW about the plans to boost its budget for Africa.

Trump 'deconstructing' rules-based global trade system 06.11.2019

The US president's trade conflicts create uncertainty about future business investment and undermine the rules of global trade that have fostered growth, former World Bank President, Robert Zoellick, told DW.
Gelscheine Iran Banknoten

Iran's economy plummets under weight of sanctions 23.10.2019

After two years of successive contraction, recent reports paint a grim outlook for Iran's economy in 2020. Widespread sanctions have hit the economy hard and ordinary Iranians are bearing the burden of a recession.
Afghanistan | Tag nach der Wahl

World in Progress: Is there hope for peace in Afghanistan? 02.10.2019

Afghanistan just went to the polls to vote for the next president. There were nearly 70 attacks by the Taliban on election day, Afghanistan's interior ministry said. Violence, political instability and bleak economic prospects are taking a toll on the people living in the war-torn country. The World Bank estimates half the population lives below the international poverty line.
Kristalina Georgieva

IMF selects Bulgarian Kristalina Georgieva as new chief 26.09.2019

The International Monetary Fund has confirmed Bulgiarian economist Kristalina Georgieva as its new head. Previously second in command at the World Bank, she's the first person from an emerging economy to lead the body.
BdTD Malaysia Waldbrände

World Bank forest-rescue program 'kickstarted' by Germany 23.09.2019

A World Bank forest rescue program has been given a multi-million "kickstart" by Germany. Norway has done a deal with Gabon that it sustains its tropical forests to absorb carbon dioxide and help avert climate warming.
Kongo Ebola

World unprepared for pandemic, panel warns 18.09.2019

The next pandemic could spread within 36 hours, disrupt economies and destabilize national security, WHO and World Bank experts have said. The panel said current efforts to manage a pandemic are "grossly insufficient."

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DW Business - Africa 11.09.2019

World Bank forecasts growth for Somali economy - Carmakers adapt to changing ownership patterns - New app to identify plant diseases

Somalia Flüchtlinge im Lager Kabasa

Modest growth for Somalian economy 11.09.2019

The World Bank says the Somalian economy will grow by almost three percent this year. That's a rare chink of light for the country in the Horn of Africa, which has been beset by problems that go far beyond the economy over the past decade.
Sudan, Khartoum: Abdalla Hamdok

Sudan names first government since al-Bashir ouster 05.09.2019

A former World Bank economist will join Sudan's first female foreign minister in the country's first government since the overthrow of longtime ruler Omar al-Bashir, the new prime minister has said.

Trash is cash in a small Indonesian village 19.08.2019

Global waste will increase seventy-percent by 2050 unless urgent action is taken, says the World Bank. The East Asia and Pacific region is currently responsible for generating around a quarter of all waste worldwide. In Indonesia - a major waste contributor - one village is turning trash into cash.
Kristalina Georgiewa

EU picks Bulgaria's Kristalina Georgieva to head IMF 02.08.2019

EU ministers meeting in Paris have selected Bulgaria's Kristalina Georgieva as the bloc's candidate to head the International Monetary Fund. The fractious vote revealed further divisions within the European Union.
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DW Business - Africa 01.08.2019

Dollar rallies after Fed dampens rate-cut outlook, Firms brace as British PM threatens no-deal Brexit, IMF & World Bank meeting in Ghana
Washington IWF Logo Symbolbild

EU to choose candidate to lead the International Monetary Fund (IMF) 26.07.2019

EU governments are trying to agree on one European candidate to succeed Christine Lagarde at the helm of the IMF, a French official said. The global monetary body wants to select a new leader by October.
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