Former World Bank economist Pedro Pablo Kuczynski won the majority of votes in Peru's closest presidential contest in five decades, election officials announced Thursday, even as his rival Keiko Fujimori has yet to concede de
The World Bank slashed its 2016 global growth forecast on Wednesday to 2.4 percent from the 2.9 percent estimated in January due to stubbornly low commodity prices, sluggish demand in advanced economies, weak trade and dimi
India on Tuesday signed a $9.2-million grant agreement with the World Bank for the 'Efficient and Sustainable City Bus Service Project' aimed at improving the efficiency of the transport and reduce greenhouse gas emissions.
Pitching for the World Bank to have a larger capital base, Finance Minister Arun Jaitley has asked the multilateral lending institution to expand its role in social sector projects including on education and health.
The World Bank has warned that water scarcity, exacerbated by climate change, could impact growth, spur migration and spark conflict across the globe including in India where several regions are facing water deficit.
The International Monetary Fund and the World Bank said on Tuesday they are joining forces with other international organizations to cooperate on tax issues and develop new tools and standards to halt tax base erosion and eva
China's economic growth will decline to 6.7 per cent this year and further contract to 6.5 per cent next year owing to deceleration in real estate and manufacturing sectors in the world's second-largest economy, the World Ban