The World Bank has revised Kenya’s 2025 economic growth forecast to 4.5%, down from 5.0%, citing high public debt and ...

The IMF and the World Bank were born from an international monetary conference held by the UN in Bretton Woods, United States, in 1944.

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

"My goal this morning is to outline a blueprint to restore equilibrium to the global financial system, and the institutions designed to uphold it." "We must reconstruct the IMF and World Bank ...

President Donald Trump on Friday asked Congress to approve $3.2 billion in contributions to the World Bank's International Development Association (IDA), which provides low- or zero-interest loans to ...