The World Bank and African Development Bank (AfDB) have announced terms for African countries to secure $40bn in power ...

Russia's latest economic data showed it had a strong 2024 and decade-high budget revenues in December. But economists say ...

Global growth should remain stable this year and next, but at recent historic lows, the World Bank said Thursday, expressing particular concern about growth in developing countries.

“The next 25 years will be a tougher slog for developing economies than the last 25,’’ World Bank chief economist Indermit Gill said in the report. The world’s poorest countries – with ...

In its latest edition of Global Economic Prospects report, the global lender warned that the country's investment and industrial activity are expected to remain subdued in the near term amid heightene ...

The report is part of a $20 billion framework that the World Bank approved for the next 10 years. The government's 5E Framework promises to focus on exports, economic growth, energy, education ...

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A third bank employee was prevented from boarding a flight to the United States, the sources said, confirming details first reported by the New York Times. The World Bank visa issues arose on ...

While the oil and non-oil economy has grown enormously since 2020, recent data to monitor progress in poverty reduction ... [2] 29.0 and 38.2, respectively, according to the World Bank Group Macro ...

The world’s largest banks are showing little progress when it comes to their promise of helping the world avoid the worst ...

Global markets will focus on central bank rate decisions and earnings from US tech giants, alongside major European corporate ...