World Bank Archives - Catholic Herald

World Bank

CAFOD blames IMF’s ‘devastating’ role in global debt crisis

April 18, 2024

As the International Monetary Fund (IMF) and the World Bank hold their Spring meeting, a leading Catholic international aid group says the world is sinking “deeper into a global sovereign debt crisis”. The world’s two leading financial behemoths are meeting in Washington, DC, from 15-20 April. But while their respective representatives and experts meet and

Poorer economies are buckling beneath debt obligations to London banks

March 10, 2021

The increasing financial pressure brought on by the Covid-19 pandemic has prompted a flurry of borrowing in countries across the world. As questions arise about he viability of the spending spree in the developed world, poorer countries are buckling beneath the pressure of debt obligations to private lenders.

Bishop urges faithful worldwide to support Haiti’s Catholic schools

March 22, 2015

'The teachers are not being paid. The schools are in bad shape,' says Bishop Launay Saturne

If you want to help the world’s poor, support the religious orders

November 01, 2012

Missionary orders stay with the destitute long after every western charity has left