By Felix Larry ESSILFIEGhana’s recent agreement with the Official Creditor Committee (OCC), securing a $2.8 billion debt relief, marks a pivotal moment in the country’s ongoing economic restructuring ...

For several years Haiti, the poorest country in the Western Hemisphere, has been left out of the World Bank’s “Heavily Indebted Poor Country” (HIPC) debt relief initiative. At last, Haiti may soon see ...

Taking advantage of debt relief can be a smart move at nearly any time, but it could make even more sense now.

With the countdown to the end of his presidency underway, President Joe Biden has been fielding a variety of last-minute appeals to address an array of social and environmental issues—from ...

LIBREVILLE, Jan 14 (Reuters) - The World Bank has suspended its disbursements to Gabon due to debt arrears of 17 billion CFA francs ($27 million), the central African country's public accounts ...

The World Bank’s international debt report from 2024 shows that Beijing currently owes the body $15.4 billion from a vast web of World Bank loans that China was able to secure at low rates.