Both institutions, at the behest of their biggest shareholder, the United States, had backed countries such as Egypt, ...

Concerns over the US potentially stepping back from global institutions like the IMF and World Bank have increased, ...

A founder member, the US holds the largest single share of each institution - just over 16% for IMF and just under that for ...

Experts say Washington’s withdrawal would be a ‘disaster’ for its global influence, but it may prove to be ‘a gift to China’ ...

Kenya will wait to draw cash from a $1.5 billion privately placed bond in the United Arab Emirates so that it can fit into ...

A founder member, the United States holds the largest single share of each institution - just over 16% for the IMF and just under that for the World Bank. This has given U.S. policymakers strong ...

IBB: In the early 1980s, the Cold War had reached a critical juncture. The arms race between the East and the West was at a ...

Most countries need to put public debt on a sustainable path and rebuild fiscal buffers, International Monetary Fund (IMF) ...

Zimbabwe has lost a staggering $4.5 billion in three years because of its unending currency problems and distorted monetary policies, a new World Bank report says. The revelation came at a ...

A storm is brewing over Washington’s commitment to global financial institutions, with US Treasury Secretary Scott Bessent’s ...

The Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with India.