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

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

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

After the Hamas attack on Oct. 7, 2023 ignited the devastating war in Gaza, a deadly new reality also took hold for ...

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

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

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

Treasury Secretary Bessent on Wednesday encouraged the World Bank to invest in gas and fossil fuels. "The World Bank must be ...

Sri Lanka is on track to post growth of 3.5% this year, the World Bank said in its latest report on Wednesday, unchanged from ...

Global policymakers gathering in Washington this week breathed a collective sigh of relief that the U.S.-centric economic ...

Rural extreme poverty dropped from 18.4 per cent to 2.8 per cent, and urban from 10.7 per cent to 1.1 per cent, narrowing the ...