Treasury Secretary Scott Bessent called for a course correction for the International Monetary Fund and World Bank, while saying they serve “critical roles” and the Trump administration is willing to ...

While the central bank is yet to make an official announcement, the money market has already responded positively ...

Nevertheless, poverty remains high and inflation is expected to remain over 20% through the year. The report comes amid a ...

A staff team from the International Monetary Fund (IMF), led by Calixte Ahokpossi, IMF Mission Chief for the DRC, visited Kinshasa from April 30 to May 13, to hold discussions on the first review of ...

How are the region’s low-income economies navigating the intersection of climate vulnerability and crippling levels of debt?

Nigeria’s economy recorded its fastest growth in about a decade in 2024, driven by a strong fourth quarter and an improved ...

Beyond the Trump administration, the IMF and the World Bank must remember their other stakeholders in the US: the American ...

As the recent IMF-World Bank Spring Meetings brought into sharp focus deepening fissures in the global financial architecture, innovative reform is the key to advancing progress toward sustainable ...

The IMF also acted as a gatekeeper: Countries were not eligible for membership in the International Bank for Reconstruction and Development (IBRD)—a World Bank forerunner that the Bretton Woods ...

WASHINGTON (Reuters) -International Monetary Fund Managing Director Kristalina Georgieva on Monday said the IMF has been ...

The release of the next loan tranches remains uncertain, as both parties remain firm in their respective positions on exchange rate flexibility, finance adviser says ...