The World Bank on Tuesday forecast that weakening global growth due in part to trade turmoil will push global commodity ...

The IMF took a slightly more optimistic view of the economic fallout from the highest U.S. tariffs in more than a century, ...

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

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

The World Bank's steering committee on Friday endorsed the lender's plans to explore options to expand energy access, ...

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

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

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

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 ...

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

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 ...