Sri Lanka's new President Anura Kumara Dissanayake will present his first budget on Monday to outline how the island nation ...

COLOMBO - Sri Lanka's new President Anura Kumara Dissanayake will outline the government's revenue and policy goals in his ...

The World Bank's private investment arm is increasing equity investments and eyeing large-scale infrastructure financing in ...

President Donald Trump signed an Executive Order last week for a six-month review of U.S. support to all international intergovernmental organizations ...

A $2 billion annual investment “is not a large number” for Pakistan, which needs infrastructure development in airports, ...

In an interview with Le Monde, economist Célestin Monga believes that the freeze on American foreign aid could prove ...

IFC Chief Makhtar Diop's visit follows World Bank's announcement of a $20b Country Partnership Framework for Pakistan.

According to data cited by Oxfam, between 1970 and 2023, countries in the global south paid around $3.3 trillion in interest to creditors in the global north. The lopsided global economic system thus ...

The International Finance Corporation (IFC), a branch of the World Bank, plans to increase equity investments in Pakistan, potentially unlocking $2 billion annually for large-scale infrastructure ...

Initial disbursements were made to Denmark, Germany, Netherlands, Switzerland and the former Yugoslavia last month for 94 ...

Pakistan’s latest round of engagement with the International Monetary Fund has sparked a fresh wave of controversy, fueling concerns that the financial watchdog is no longer just dictating economic ...