World Bank Talks Crisis Aid With Dozens of Nations

The World Bank is in talks with 30 to 40 nations regarding crisis aid to counter energy shocks and price increases. Developing countries face growing pressure from high debt and rising costs.

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FILE PHOTO: Ajay Banga, President of the World Bank Group, reacts during the Clinton Global Initiative 2026 Annual Meeting in New York City, US, September 23, 2026. REUTERS/Jeenah Moon/File Photo

The World Bank is in talks with 30 to 40 developing countries regarding $50 billion to $60 billion in potential crisis aid to offset energy shocks. The discussions follow supply pressures and rising commodity prices triggered by the Middle East conflict. Developing nations face mounting fiscal strains as external debt payments reach $400 billion in 2026, forcing multilateral lenders to ramp up liquidity supports.