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The World Bank on Thursday announced that it has selected former Senegal finance minister Makhtar Diop to lead the agency responsible for private sector...
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The World Bank on Thursday announced that it has selected former Senegal finance minister Makhtar Diop to lead the agency responsible for private sector...
As many as 115 million people could be pushed into extreme poverty this year due to the economic downturn caused by the coronavirus pandemic,...
The coronavirus pandemic threatens to erase progress made in the last decade in improving child education and health, particularly in the poorest countries, the...
The World Bank on Friday said it was canceling a loan to fund a dam in Lebanon that environmentalists claimed could destroy a valley...
Global economic growth could rebound next year — but the number of people living in extreme poverty is expected to remain unchanged after a...
International financial institutions and African leaders warned on Friday the continent needs tens of billions of dollars in additional money to fight the coronavirus...
The World Bank and IMF said on Friday Africa needs $44 billion more to fight the coronavirus pandemic despite a freeze in debt payments...
The severe economic crisis ignited by the coronavirus pandemic requires the rapid deployment of every available financial lifeline to help countries survive, IMF chief...
The International Monetary Fund and World Bank on Wednesday called for governments to put a hold on debt payments from the world’s poorest nations...
IMF chief Kristalina Georgieva on Wednesday called for an all-out, “no regrets” response to the new coronavirus epidemic which poses a “serious threat” to...