The UK is considering scaling back its nearly £2 billion ($2.7 billion) commitment to a World Bank fund for developing ...

Global finance leaders came to Washington this past week seeking clarity on what it would take to get some relief from ...

Economic growth in the six Western Balkans countries is projected to moderately slow in 2025 due to weaker external demand ...

Saudi Arabia and Qatar say they will pay Syria’s outstanding debt to the World Bank, a move that is likely to make the ...

Treasury Secretary Scott Bessent said the U.S. remains committed to playing a leadership role in the IMF and World Bank but ...

Treasury Secretary Scott Bessent, in remarks to the Institute of International Finance on Wednesday, said the two agencies ...

The World Bank's verdict on Nigeria's poverty level has attracted widespread outcry, with some interest groups demanding ...

Developing countries should strike swift trade deals with the United States at the "earliest possible" opportunity, the ...

Treasury Secretary Scott Bessent argued in a speech that the multilateral economic institutions have veered away from their ...

ASTANA – Economic growth in the developing economies of Europe and Central Asia is projected at 2.5% for 2025-26, reflecting ...

The International Monetary Fund (IMF) and World Bank spring meetings this week in Washington have been dominated by worries ...