Business
The heads of the IMF and World Bank urged member nations on Friday to boost the funding firepower of the global lenders to help...
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Business
Zambia has signed a long-sought debt deal with its foreign lenders, the IMF’s chief announced Thursday, providing financial relief to the first African nation...
Business
The war between Israel and Hamas has cast a shadow over the IMF-World Bank annual meetings in Morocco.
Business
The World Bank’s new president, Ajay Banga, said Wednesday that the global lender must become “better” and “bigger” to boost its capacity to help...
World
The World Bank could raise its lending capacity by $150 billion in the next decade but it will need to become “bigger” to respond...
Business
US Treasury Secretary Janet Yellen said Tuesday she backed efforts to boost the lending firepower of the IMF and World Bank to combat poverty...
Business
The IMF kept its 2023 global growth forecast unchanged on Tuesday but warned that the economy is “limping along” as inflation remains high and...
Business
The IMF and World Bank gather in Morocco Monday for their first annual meetings on African soil in 50 years, under pressure to reform...
Business
Sub-Saharan Africa will have a “stronger voice” at the International Monetary Fund as it will get a third seat on the global lender’s executive...
Business
The World Bank and IMF will tackle the thorny issue of institutional reform at their upcoming annual meetings in Morocco.