Such reforms require political will, persistence, and a long-term vision. Amid fiscal challenges, governments may also need support to meet infrastructure goals—an area where the IMF, World Bank, and ...

ADB President Masatsugu Asakawa and World Bank President Ajay Banga signed a groundbreaking Full Mutual Reliance Framework (FMRF) agreement today to deepen collaboration on cofinanced sovereign ...

The World Bank has announced a major shift in its global operations, with plans to decentralize its management teams and ...

World Bank President Ajay Banga told Reuters. Trump's first week in office has seen a flurry of executive orders and policy plans, ranging from tariffs on Canada, Mexico and China to a review on ...

World Bank President Ajay Banga said boosting access to electricity is the key to unlocking the demographic dividend in the world’s youngest continent. Banga laid out a plan in which the World Bank, ...

(Bloomberg) -- World Bank President Ajay Banga said boosting access to electricity is the key to unlocking the demographic dividend in the world’s youngest continent. Banga laid out a plan in ...

The Full Mutual Reliance Framework is a significant step in our collaboration with the World Bank, and will deliver lasting benefits to communities and economies across Asia and the Pacific,” said Mr.

The World Bank said on Tuesday it will restructure its global operations by shifting its regional management teams from Washington to hub offices around the world, a move aimed at helping the bank ...

This first-of-its-kind arrangement between multilateral development banks (MDBs) will mean that borrowers will need to follow ...