The Trump administration cannot determine the mission of the World Bank because the global lender's goals are based on ...

The World Bank's steering committee on Friday endorsed the lender's plans to explore options to expand energy access, ...

Spiking trade uncertainty is compounding rising debt and sluggish growth problems facing emerging markets and developing ...

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

Global policymakers gathering in Washington this week breathed a collective sigh of relief that the U.S.-centric economic ...

WASHINGTON (Reuters) -Ireland will contribute about 141.4 million euros ($161 million)to the World Bank's latest ...

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

U.S. Treasury Secretary Scott Bessent on Wednesday said IMF chief Kristalina Georgieva and World Bank President Ajay Banga ...

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

Treasury Secretary Scott Bessent, in remarks to the Institute of International Finance on Wednesday, said the two agencies ...

The International Monetary Fund (IMF) and World Bank spring meetings this week in Washington have been dominated by worries ...