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The World Bank is an international financial institution that provides loans and grants to the governments of low- and middle-income countries for the purpose of pursuing capital projects. [5] The World Bank is the collective name for the International Bank for Reconstruction and Development (IBRD) and International Development Association (IDA ...
World Bank Group. The World Bank Group ( WBG) is a family of five international organizations that make leveraged loans to developing countries. It is the largest and best-known development bank in the world and an observer at the United Nations Development Group. [7] The bank is headquartered in Washington, D.C., in the United States.
Economic growth will also remain resilient, the IMF said in its new World Economic Outlook report released Tuesday. The IMF expects global growth to expand at 3.2% this year, a tenth of a percent ...
The chief economist of the World Bank (full title: Senior Vice President for Development Economics and Chief Economist of the World Bank Group) is the senior economist at the World Bank Group, tasked with providing intellectual leadership and direction to the bank's overall international development strategy and economic research agenda, at global, regional and country levels.
March 23, 2024 at 10:07 PM. By Andrea Shalal. (Reuters) - The World Bank will publish more of its proprietary data, including on debt defaults, starting next week as part of a push to attract more ...
U.S. Treasury Secretary Janet Yellen will meet with finance ministers from U.S. allies this week to discuss a number of key issues, including shoring up supply chains, strengthening financial ...
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