The World Bank forecasts that Myanmar's economy will contract this year, as flooding and fighting take a severe toll nearly ...

Myanmar's economy is expected to shrink by 1% in the current fiscal year, the World Bank said on Wednesday, sharply ...

The World Bank said Tuesday that the Israel-Hezbollah conflict has dealt another significant blow to Lebanon's already ...

The U.S. Treasury Department on Tuesday said it transferred the $20 billion U.S. portion of a $50 billion G7 loan for Ukraine ...

The World Bank downgraded Kenya's economic growth estimate for this year to 4.7% on Tuesday, from an initial 5.0%, citing the ...

As it strives to reach the $100bn mobilisation target without damaging its credit rating, the IDA may feel the need to lean ...

Kenya’s economy is heading for its worst performance since a coronavirus-induced contraction in 2020 because of floods and ...

The World Bank received pledges to deploy a record of $100 billion via its unit focused on low-interest loans and grants to ...

The World Bank says Afghanistan’s economy is showing modest signs of growth after two years of severe contraction.

Growth of the Philippine economy is expected to remain robust despite heightened geopolitical tensions in the Middle East, ...

The World Bank has downscaled its economic growth forecast for the Philippines this year following the slower-than-expected ...

The World Bank expects Myanmar’s economy to contract in the current fiscal year, as elevated inflation, a slumping currency, ...