World Bank

Myanmar economy hampered by junta restrictions, power cuts: World Bank

YANGON, MYANMAR — Rolling power cuts and the Myanmar junta’s restrictions on businesses and foreign exchange are hampering the country’s…

IMF, World Bank under pressure to boost climate change financing

WASHINGTON, UNITED STATES — International Monetary Fund (IMF) and World Bank officials are joining dozens of economic leaders for a…

World Bank, IMF spring meetings to get underway in complex economic environment

WASHINGTON, UNITED STATES — The World Bank and International Monetary Fund’s spring meetings get underway later this week with an…

China ramping up bailout loans to ‘Belt and Road’ countries: report

BEIJING, CHINA — China has handed out $240 billion worth of bailout loans to 22 developing countries at risk of…

Modi calls for World Bank reform at G20 finance meet

BENGALURU, INDIA — Indian Prime Minister Narendra Modi added his voice Friday to calls for the reform of global lenders…