The Spring Meetings of the International Monetary Fund (IMF) and the World Bank Group (WBG) on April 21-26, 2025 were held at a time of deep uncertainty in the global economy. The catchy theme of ...

The World Bank has slashed its 2025 economic growth forecast for Mexico amid what it called “the highest levels of trade uncertainty in a decade.” The Washington-based international financial ...

Treasury Secretary Scott Bessent said Wednesday that the International Monetary Fund and World Bank are “falling short” of their main missions and must focus on an urgent goal of bringing the ...

The World Bank has softened its once-vocal cheerleading for climate action as the Trump administration evaluates its support for international organizations and works to cut funding for climate ...

First Abu Dhabi Bank PJSC is pursuing a sweeping internal reorganization, the latest effort under chief executive Hana Al Rostamani to position the lender as the Gulf region’s leading financial ...

Project 2025’s call for U.S. withdrawal from the World Bank threatens to hand America’s competitors a historic victory. While the blueprint correctly diagnoses the bank’s inefficiencies ...

WASHINGTON, January 9, 2025—The World Bank’s Board of Executive Directors on January 8 approved changes to the structure of the World Bank’s Accountability Mechanism (AM). These changes are aimed at ...

Key appointments include Ms. Hao Qiang as Chairwoman and Mr. Zhang Yunfei as Vice Chairman, highlighting the strategic leadership guiding the bank’s future. The board’s diverse structure is ...

Bungling World Bank bureaucrats lost track of at least $24 billion bankrolling the battle against climate change, according to a bombshell report by a left-leaning charity group. An investigation ...

The president of the World Bank, Ajay Banga, unveiled a new simplified corporate “scorecard” Thursday to measure its progress, ahead of a gathering of global financial leaders in Washington ...

We think these financial advantages would enable the World Bank to stretch its existing balance sheet: a safer, longer term, less expensive funding structure could enable existing IBRD equity to ...

Sept 26 (Reuters) - World Bank Group President Ajay ... event that the contributions would come outside the bank's normal shareholding structure and regular country contributions to the ...