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 ...

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

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

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 ...

Andrew Mamedu, the Country Director of AAN, criticised systemic failures in governance, stating, “Governance remains ...

The Trump administration cannot determine the mission of the World Bank because the global lender's goals are based on ...

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

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