AFRICAN leaders are urging wealthy nations to make unprecedented pledges to a low-interest World Bank initiative dedicated to ...

Developing countries are now net contributors to the global economy on the back of high loan interest payments ...

It doesn’t matter how late a non-concessional contribution is made before starting the pension phase as long as there is ...

The current system needs more than just adjustment – it needs an overhaul. Africa must be at the centre of these reforms, but ...

Much bigger changes are needed.When he assumed the presidency of the World Bank in June 2023, Ajay Banga promised a bigger and better Bank. During the just concluded annual Spring Meetings, Banga ...

Finance Minister AH Mahmood Ali on Thursday sought policy-based lending (PBL) supports from the Asian Development Bank (ADB) ...

Kenyan President William Ruto urged World Bank members to make record contributions to the organization’s concessional ...

President William Ruto Monday led African heads of state and government in calling for increased concessional funding from ...

This budget support will help the Government of Armenia to build climate resilience and reduce vulnerabilities to future ...

In a rare move, the Special Police Unit for Northeastern Region of Delhi Police has empanelled as many as 59 prominent ...

Ruto noted that additional funding for the IDA, which currently supports 75 nations, 39 of them in Africa, would not only be a relief for many African and other developing nations facing severe debt ...