Recently, India announced the desire to modify the 62-year-old Indus Water Treaty (IWT) with Pakistan, citing what it called Pakistan's unwillingness to find a solution to disputes over the Kishenganga…
Colombo, May 30 (PTI) The World Bank is planning to disburse USD 700 million to crisis-ridden Sri Lanka by re-purposing its existing loans, a move that will help the island…
By David Lawder and Steve Scherer WASHINGTON (Reuters) -The Group of 20 major economies cannot effectively function as long as Russia remains a member, Canada's finance minister said on Friday…
WASHINGTON (Reuters) - G7 officials and others walked out of a meeting of the Development Committee that advises the governors of the World Bank and International Monetary Fund on Friday…
New Delhi, Apr 21 (PTI) Finance Minister Nirmala Sitharaman on Thursday met First Deputy Managing Director of the International Monetary Fund (IMF), Gita Gopinath, and discussed a range of issues, including…
Washington, Apr 21 (PTI) World Bank President David Malpass has welcomed India’s move to begin selling oil from its stockpiles, asserting that the world needs to take important steps to…
Washington, Apr 21 (PTI) Global growth momentum is dampened by prolonged inflation, supply chain disruption, volatility in energy markets and investor uncertainty, Finance Minister Nirmala Sitharaman has said as she…
Washington, Apr 21 (PTI) Sri Lanka’s bitter debt crisis experience has emerged as one of the major topics of discussion among the global financial leaders who have gathered here for…
Washington, Apr 19 (PTI) Finance Minister Nirmala Sitharaman on Tuesday held talks with IMF chief Kristalina Georgieva during which they voiced concern over the impact of the recent "geopolitical developments"…
New Delhi, Apr 17 (PTI) Finance Minister Nirmala Sitharaman will be leaving for the US later on Sunday to attend the spring meetings of the World Bank and the IMF…
WASHINGTON (Reuters) - Ukrainian President Volodymyr Zelenskiy said on Sunday he spoke with IMF Managing Director Kristalina Georgieva about Ukraine's financial stability and the country's post-war reconstruction. "Discussed with IMF…
By Andrea Shalal and Jonathan Landay WASHINGTON (Reuters) - The World Bank has put four projects in Afghanistan worth $600 million on hold amid concerns over a decision by the…