Brazil's central bank has left the size of its upcoming interest rate hike in May open and remains unable to gauge it, citing ...

Kenya is considering adding gold to its reserves to diversify its foreign exchange holdings beyond the US dollar and other ...

Ireland will contribute about 141.4 million euros ($161 million)to the World Bank's latest replenishment of its fund for the ...

Treasury Secretary Bessent on Wednesday encouraged the World Bank to invest in gas and fossil fuels. "The World Bank must be ...

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

Treasury Secretary Scott Bessent argued in a speech that the multilateral economic institutions have veered away from their ...

The I.M.F. and World Bank are holding their spring meetings as President Trump’s trade war upends the global economy.

Treasury Secretary Scott Bessent has played a balancing act trying to reassure nervous investors that the U.S. would maintain ...

Bessent spoke to the Institute of International Finance as both the International Monetary Fund and World Bank held their ...

The World Bank cut its economic growth forecast for India on Wednesday, citing increased uncertainty in the global economy ...

Sri Lanka is on track to post growth of 3.5% this year, the World Bank said in its latest report on Wednesday, unchanged from ...

The bank’s messaging on climate represents a delicate balancing act between the institution and the U.S., its largest ...