Global finance leaders came to Washington this past week seeking clarity on what it would take to get some relief from ...

Saudi Arabia and Qatar say they will pay Syria’s outstanding debt to the World Bank, a move that is likely to make the ...

Treasury Secretary Scott Bessent spoke Wednesday to international economists attending IMF and World Bank spring meetings in ...

WASHINGTON, April 23 (Reuters) - U.S. Treasury Secretary Scott Bessent on Wednesday said IMF chief Kristalina Georgieva and ...

Treasury Secretary Scott Bessent has played a balancing act trying to reassure nervous investors that the U.S. would maintain ...

Treasury Secretary Scott Bessent called for a course correction for the International Monetary Fund and World Bank, while ...

Treasury Secretary Scott Bessent said the U.S. remains committed to playing a leadership role in the IMF and World Bank but ...

The investment downturn is central to the growth slowdown. Gross fixed capital investment is expected to contract by 2.4% this year, a stark reversal from already muted growth in FY24. This is not ...

The IMF now expect Botswana’s economy to contract by about 0.4% this year, while the World Bank now projects 0.6% growth.