The World Bank is one of the biggest funders in the development sector. A look at its most recent funding reports shows a pivot away from its traditional models. Read on to find out who got the money.
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The World Bank, one of the world’s leading funders to low- and middle-income countries, disbursed $67 billion in the fiscal year that ended June 30, 2022.
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About the author
Omar Mohammed
Omar Mohammed is a Foreign Aid Business Reporter based in New York. Prior to joining Devex, he was a Knight-Bagehot fellow in business and economics reporting at Columbia University Graduate School of Journalism. He has nearly a decade of experience as a journalist and he previously covered companies and the economies of East Africa for Reuters, Bloomberg, and Quartz.
