The countries agreed to cover $15 million owed to the lender as the new government in Damascus looks to rebuild the economy ...

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

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

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

WASHINGTON (Reuters) - Spiking trade uncertainty is compounding rising debt and sluggish growth problems facing emerging ...

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

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 ...

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

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

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

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