Explainer-What Are the IMF and World Bank, and What Happens if the US Pulls Support?
Both institutions, at the behest of their biggest shareholder, the United States, had backed countries such as Egypt, Pakistan and Jordan, where the U.S. has strategic interests, said Mark Sobel, the ...
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If US attempts World Bank retreat, the China-led AIIB could be poised to step in – and provide a model of global cooperation
Could the International Monetary Fund and the World Bank be next? Certainly, supporters of the twin institutions – that have formed the backbone of global economic order for 80 years – are concerned.
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The World Bank Pivoted to Climate. That Now May Be a Problem.
By Max Bearak and Somini Sengupta Max Bearak and Somini Sengupta have reported extensively on World Bank projects around the world. As the Trump administration imposes deep cuts on foreign aid and ...
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World Bank and Private Sector
The World Bank Group works to accelerate sustainable and inclusive economic growth across regions and sectors. We play a critical role in building partnerships and creating new opportunities for the ...
World Bank forecasts Vietnam's 2025 GDP growth at 6.8%
Vietnam's gross domestic product is projected to grow 6.8% in 2025, the World Bank said on Wednesday, while noting that the ...