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 ...

Albania, Bosnia, Kosovo, Montenegro, North Macedonia and Serbia will collectively grow 3.2% in 2025, 0.5 percentage points ...

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

Saudi Arabia and Qatar are to settle Syria's outstanding arrears of around $15 million to the World Bank, both countries said ...

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

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

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

Treasury Secretary Scott Bessent has played a balancing act trying to reassure nervous investors that the U.S. would maintain ...

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

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 ...