The World Bank's debt relief work is divided into two main categories: Multilateral and Bilateral Debt. In 1996, the World Bank and the IMF launched the Heavily Indebted Poor Countries (HIPC) ...

World Bank Approves Debt-Relief Plan World Bank leaders meeting in Washington, D.C., Sunday agreed to forgive debts for 18 of the world's poorest countries as early as the end of this year.

Poorer developing nations need faster G20 debt relief, the World Bank said on Tuesday, redoubling its calls for China, the world's largest creditor, and private sector creditors, to reverse course ...

As president of the World Bank, Mr. Malpass rightly advocates that the G-20 must do more on debt relief, but the World Bank has yet to take any steps to suspend debt-service payments.

With developing nations crushed by unaffordable borrowing and Washington on the sidelines, some leaders are brokering debt ...

In its latest report on international debt, the World Bank said that low- and middle-income countries had paid $443.5 billion toward principal and interest in 2022. That is the highest level in ...

World Bank Chief Warns G-20 Debt-Relief Delay Will Worsen Poverty Lack of debt reduction to increase poverty rates, instability Malpass says Zambia creditors’ meeting gives ‘sign of hope’ ...

World Bank, IMF consider linking debt relief to climate efforts. The new initiative would focus on ‘systematically changing whole economies,’ a source tells Reuters.

The attitude of the World Bank and the IMF was accurately summed up in comments from Lidy Nacpil, the coordinator of the Manila-based Asian Peoples’ Movement on Debt and Development, cited at ...

The World Bank and the International Monetary Fund are planning to launch a platform to advise poor countries on funding climate and conservation activities, amid a broader push that could link ...

There was a stark omission in David Malpass’s “To Cope With Covid, the World’s Poor Need Debt Relief” (op-ed, Nov. 5). While he is right in his argument that the world’s poorest ...