News

The UK is considering scaling back its nearly £2 billion ($2.7 billion) commitment to a World Bank fund for developing ...
The World Bank on Tuesday forecast that weakening global growth due in part to trade turmoil will push global commodity ...
Saudi Arabia and Qatar say they will pay Syria’s outstanding debt to the World Bank, a move that is likely to make the ...
Albania, Bosnia, Kosovo, Montenegro, North Macedonia and Serbia will collectively grow 3.2% in 2025, 0.5 percentage points ...
The IMF took a slightly more optimistic view of the economic fallout from the highest U.S. tariffs in more than a century, ...
The World Bank's steering committee on Friday endorsed the lender's plans to explore options to expand energy access, ...
Treasury Secretary Scott Bessent, in remarks to the Institute of International Finance on Wednesday, said the two agencies ...
Spiking trade uncertainty is compounding rising debt and sluggish growth problems facing emerging markets and developing ...
The investment downturn is central to the growth slowdown. Gross fixed capital investment is expected to contract by 2.4% this year, a stark reversal from already muted growth in FY24. This is not ...
Treasury Secretary Scott Bessent argued in a speech that the multilateral economic institutions have veered away from their ...
The World Bank's verdict on Nigeria's poverty level has attracted widespread outcry, with some interest groups demanding ...
By Ayorinde Oluokun/Abuja President Bola Tinubu has described the appointment of Alhaji Aliko Dangote, the President of Dangote Group to the World Bank’s Private Sector Investment Lab, a body tasked ...