The World Bank previously froze the disbursement after Kenya failed to pass key legislation preventing conflict of interest ...

WASHINGTON (Reuters) -U.S. Treasury Secretary Scott Bessent on Friday gave specific marching orders for the International Monetary Fund and World Bank to take tougher stances on China's state-driven ...

Kenya’s budget deficit is estimated at Sh901 billion for the fiscal period running to June 2026, and the Treasury can cut ...

A Senior Advocate of Nigeria, Femi Falana, has once again criticised President Bola Tinubu’s removal of the fuel subsidy, describing it as a move influenced by international financial institutions.

Bangladesh authorities have made progress in maintaining macroeconomic stability and advancing reforms. However, the economy continues to face mounting macro-financial challenges from weak tax revenue ...

Pakistan should aim to make its ongoing International Monetary Fund (IMF) programme the last one, as the global lender may soon be overwhelmed by demand from struggling economies amid tightening ...

World Bank President Ajay Banga speaks during the IMF/World Bank annual meetings in Washington, D.C., on October 17. Ken Cedeno/Reuters Economic anxiety persisted at the IMF and World Bank meetings in ...