World Bank

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

In Malaysia, Zetrix will support initiatives such as the national digital identity system and blockchain service network.

Malaysia’s Zetrix raises funds, plans to list AI unit on Nasdaq

As part of their pact, IFC and Zetrix will develop projects across South-east Asia and beyond

While many nations have made progress on laws that advance women’s economic rights, weak enforcement systems and institutional shortcomings have hindered their real-world impact.

World Bank report highlights 'shockingly large' gap between gender equality laws and enforcement

No country currently ensures all the legal rights required for women’s full economic participation