World Bank

Singapore and World Bank team up to launch carbon markets programme

It aims to tackle the obstacles hindering the development of such markets

The World Bank said inflation in developing economies was now projected to average 5.1 per cent in 2026, under the baseline scenario, up from 4.7 per cent last year.

World Bank forecasts 24% surge in energy prices in 2026 due to Middle East war

Commodity prices could rise even further if hostilities in the region escalated

World Bank chief Ajay Banga says that if the Gulf conflict  lasts longer and greater needs emerge, the bank will have to turn to its balance sheet and headroom for additional funding.

World Bank could provide up to US$100 billion for countries hit by war

This would eclipse the US$70 billion it supplied during the Covid-19 pandemic

IMF Managing Director Kristalina Georgieva was speaking on the sidelines of the spring meetings of the IMF and World Bank in Washington.

IMF, World Bank and IEA aim to have calls every two weeks to assess war’s impact

IMF chief Kristalina Georgieva urged countries to avoid stockpiling oil reserves

More than 80 oil and gas facilities across the Middle East have been damaged to date, said IMF chief Faith Birol.

IMF, World Bank, IEA urge countries to stop hoarding energy supplies, imposing export controls

It would take time for global supplies of key commodities to move back toward pre-conflict levels

World Bank Group president Ajay Banga admits that focusing people on the long-term is daunting, given a series of short-term shocks that have buffeted the global economy.

World Bank chief sounds alarm about looming jobs crisis even after Iran war ends

At current trajectories, developing countries will generate only about 400 million jobs, leaving a deficit of 800 million jobs

Retail inflation in the South Asian nation is projected at 4.9 per cent for the current fiscal year, reflecting higher food and energy prices and exchange depreciation pressure.

India to grow at 6.6% in FY2027, says World Bank

Retail inflation is projected at 4.9% for the current fiscal year

The World Bank said the Iran conflict posed a substantial risk to the global economy, including developing and emerging countries in Europe (top) and Central Asia.

Developing countries in Europe, Central Asia face slowdown, World Bank says

Growth across the region is expected to slow to 2.1% in 2026, from 2.6% in 2025

The World Bank has barred PwC subsidiaries in Mauritius, Kenya and Rwanda.

World Bank bars three PwC Africa units from pitching for deals

The units had engaged in “fraudulent practices” in the building of a high-voltage electricity transmission line, says lender