Europe stands on the brink of a pivotal transformation, launching a set of ambitious reforms aimed at revitalizing its economy and global f...

Finance Minister Nirmala Sitharaman is preparing new reforms to ease business compliance. She believes strong domestic consumption will hel...

Global finance leaders are meeting amid the Middle East war, a third major shock impacting the world economy. The IMF and World Bank are do...

India's External Affairs Minister S Jaishankar will attend the G7 Foreign Ministers' meeting in France. He will join discussions on key glo...

G7 Foreign Ministers will meet soon to discuss the Ukraine war and reconstruction efforts. Maritime security and global governance reforms ...

The IMF approved an $8.1 billion loan for Ukraine, anchoring a $136.5 billion international support package to maintain economic stability ...

The estimated cost to rebuild Ukraine's economy after the Russian invasion has reached $524 billion, nearly three times its expected 2024 e...

IMF and World Bank steering committee stresses accountability during reforms. Al Husseini highlights institutional improvement amidst confl...

U.S. President Joe Biden said in a statement on Thursday that he had appointed former commerce secretary Penny Pritzker to serve as the new...

The G20 finance ministers and central bank governors did not release a joint communique at their meeting due to disagreements over referenc...

As global growth slows, the World Bank previously warned that the outlook is especially tough for the poorest economies -- which face slugg...

The decision came after a meeting of the bloc's finance ministers and central bank governors on the eve of the war's first anniversary. The...

The International Monetary Fund has agreed to the loan on the condition that the Egypt government would utilize the funds for economic refo...

Russian President Vladimir Putin is highly likely to launch a full-scale invasion of Ukraine and attack Kyiv, UK Foreign Minister Liz Truss...

In a meeting with Ukrainian President Volodymyr Zelenskiy on Saturday, World Bank President David Malpass said the group will continue to s...

In a statement, she said the new four-year extended arrangement will support economic stabilisation and wide-ranging reforms in Ukraine.

"Today's agreement in Minsk and the IMF's agreement with Ukraine will pave the way for a more stable economic and development environment, ...