The World Bank plans to loan cash-strapped Pakistan $20 billion over the coming decade to nurture its private sector and bolster resilience to climate change, Prime Minister Shehbaz Sharif said.
WASHINGTON (Reuters) - The World Bank on Thursday warned that U.S. across-the-board tariffs of 10% could reduce already ...
The world economy is growing steadily in the face of global conflict, protectionist trade policies and high interest rates.
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.
Global growth is expected to hold at an annual rate of 2.7 percent for the next two years, the same as in 2024, the bank’s economists said.