IMF-World Bank meetings will take place as planned in Marrakech
NEW YORK, Sept 20 — The International Monetary Fund’s (IMF) managing director Kristalina Georgieva has said the annual meetings of the IMF and the World...
World Bank, IMF call for more global cooperation ahead of G20
WASHINGTON, Sept 8 —The World Bank and International Monetary Fund have called for better global cooperation with regard to climate change, national debt, and the...
Jokowi pushes Asean, India to cooperate in blue economy
JAKARTA, Sept 7 — Indonesian President Joko Widodo (Jokowi) pushed the Association of Southeast Asian Nations (Asean) and India to cooperate in realising a blue...
UN chief says global finance system fragmenting; Myanmar crisis worsens
JAKARTA, Sept 7 — The world risks a ‘great fracture’ of its economic and financial systems, United Nations (UN) Secretary-General Antonio Guterres said on Thursday...
World Bank: Malaysia resilient amid Covid-19 challenges
KUALA LUMPUR, Aug 3 — Malaysia has emerged as a country with notable resilience and potential for recovery amid the challenges brought about by the Covid-19...
Upward revision in global growth a boon for Malaysia’ trade
KUALA LUMPUR, June 10 — The latest upgrade in global economic growth for this year bodes well for Malaysia and is set to contribute positively...
World Bank says commodity prices to see largest drop in 2023 since pandemic
WASHINGTON, April 28 — Global commodity prices are likely to see the sharpest slump this year since the beginning of the pandemic, but food prices...
Domestic food price inflation remains high worldwide — World Bank
ISTANBUL, April 25 — Domestic food price inflation remains high around the world, the World Bank said on Monday (April 24) in a report on...
China, India ‘two exceptions’ to global slowdown this year — World Bank chief
WASHINGTON, April 10 — China and India are the ‘two exceptions to the slowdown’ which the global economy is expected to experience this year, World...
IMF, World Bank Spring Meetings begin amid high inflation, slow growth worries
ISTANBUL, April 11 — The International Monetary Fund (IMF) and the World Bank Group’s 2023 Spring Meetings began Monday (April 10), facing global challenges stemming...
World Bank president says growth major concern in coming year, young people need jobs
WASHINGTON, April 5 — Economic growth and creating jobs for young people are two of the World Bank’s major concerns for the coming year, World...
World Bank says global growth to see 30-year low by end of ‘lost’ decade
ISTANBUL, March 28 — The World Bank said Monday it expects global economic growth to fall to its lowest level in three decades by the...