The summit was hosted by French president Emmanuel Macron in Paris with 164 world leaders, government members, business leaders and prominent figures... READ MORE›
Antonio Guterres, the UN chief, said the Green Climate Fund was indispensable, adding it was only justice that developed countries help poorer countries fight climate change... READ MORE›
A rapidly growing gap between rich and poor in many developing East Asian nations is threatening the foundation for the region's economic success, the Worl... READ MORE›
The World Bank said women that were born in droughts bore the marks for their entire lives, growing up mentally and physically stunted, undernourished and unwell... READ MORE›
Yet the decisions the IMF and World Bank make - or don't make - about Somalia matter... READ MORE›
G-20 finance chiefs, upbeat on world economy, affirm coordination over risks... READ MORE›
The bank had originally set a goal of its shareholders deciding on a capital increase at this week's World Bank and International Monetary Fund annual meetings... READ MORE›
Demand for cheap capital will invariably exceed its supply... READ MORE›
Christine Lagarde, Managing Director of the International Monetary Fund IMF, spoke to FRANCE 24 during the annual meetings of her institution and the World Bank in Washington... READ MORE›
But there wasn't much consensus between the IMF and the White House on Wednesday when an unusually public disagreement erupted over President Donald Trump's tax plans... READ MORE›
Skills Acquisition and Knowledge Awareness for Livelihood Promotion SANKALP is a Rs 4,455-crore centrally sponsored scheme, including Rs 3,300 crore loan support from World Bank... READ MORE›
US Treasury dashes hopes for near-term World Bank capital hike... READ MORE›
Romer pioneered research into endogenous growth, examining how the diffusion of knowledge boosts output... READ MORE›
Jim Yong Kim said poor countries needed help to become more resilient to climate change... READ MORE›
International business times uk britain draws us criticism over move to join china-led asian infrastructure investment bank 6 hrs ago... READ MORE›
The real story on inequality is a much more optimistic one than Oxfam's narrative... READ MORE›
For the first time less than 10 percent of the world is living in extreme poverty world bank says... READ MORE›
Japan is seen growing 0.9 percent this year, while China's output is set to expand 6.5 percent, the World Bank said... READ MORE›
Francis' embrace of the issue of climate change, and his broader critique of global capitalism, stem from his signature economic concern eradicating poverty... READ MORE›
Eradicating extreme poverty by 2030 seems a distant target as Unicef-World Bank figures show almost 385 million children survive on less than 1.90 a day... READ MORE›
Extreme poverty has long been defined as living on or below 1.25 a day but the World Bank's adjustment now sets the poverty line at 1.90 a day... READ MORE›
Above all, countries and people now have options to transform the way we live... READ MORE›
Policies that made countries more resilient to extreme natural disasters and improved early warning systems could bring benefits of 100bn a year, the bank said... READ MORE›
The illegal wildlife trade is now the fourth most lucrative transnational crime after drugs, arms and human trafficking... READ MORE›
Among the challenges he listed Young people in France face high unemployment limited social mobility and a lack of access to top-tier higher education... READ MORE›
Stephens, general counsel of the Asian Development Bank in Manila... READ MORE›
World Bank to spend 28 percent of investments on climate change projects... READ MORE›
Finance ministers from the 20 countries most vulnerable to climate change, the V20, who held their inaugural meeting on Thursday, echoed calls to boost adaptation funding... READ MORE›
CoinDesk reported the World Bank recently helped Kenya create mobile-only government bonds with blockchain technology... READ MORE›
Instead of spending the money directly on projects to alleviate poverty, the Government retains the money until the aid agencies are ready to use it... READ MORE›
Under-nourished children living in extreme poverty end up small and their brain development is affected, so that they find it hard to learn... READ MORE›
Because of the outsized role the United States plays in the world economy, changes in policy direction may have global ripple effects... READ MORE›
We are going to work closely with the World Bank to support the industrialization of Africa, he says... READ MORE›
They include Prime Minister Dmitry Medvedev, the newly-appointed Economy Development Minister Maksim Oreshkin, Finance Minister Anton Siluanov and the Central Bank of Russia Governor Elvira Nabiullina... READ MORE›
However, several major economies allied to the US, including Japan, South Korea and Australia, have declined to become founding members... READ MORE›
Chile today is Latin America's richest country, with per capita GDP of about 23,000 - similar to that of central European countries... READ MORE›
World Bank urges action against inequality -- RT Business... READ MORE›
At ?13.3bn in 2016, Britain's aid budget was the third biggest in the world after Germany and US... READ MORE›
Foreign recruits with little or no education usually asked for combat roles, the study found... READ MORE›
Peru succeeds at tackling stunting while World Bank chief threatens to expose countries that fail to, and why the world is falling behind on health goals... READ MORE›
Mr. Kim, the World Bank president, acknowledged that carbon pricing would come with burdens including higher energy costs... READ MORE›
Nearly a fifth of children in developing countries are living in extreme poverty, the World Bank and the UN's children's agency say... READ MORE›
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