Widening development gap risks triggering destabilization, UN official says
The world's poorest countries are facing debt distress and fiscal crises as foreign investment wanes and the gap with richer economies widens, risking political
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The world's poorest countries are facing debt distress and fiscal crises as foreign investment wanes and the gap with richer economies widens, risking political
The International Monetary Fund urged countries on Wednesday to rein in fiscal spending and rebuild their buffers, but said that could prove difficult in the
The U.S. and its Group of Seven (G7) allies are continuing to explore a range of possibilities to unlock the value of nearly $300 billion in frozen Russian
The World Bank and other multilateral development banks are making good progress on reforms to expand their lending capacity to help countries brace for climate
Half of the world's 75 poorest countries are experiencing a widening income gap with the wealthiest economies for the first time this century in a historical
The International Monetary Fund's executive board on Thursday approved a third review of Ukraine's $15.6 billion loan program, allowing the release of $880
Ukrainian Justice Minister Denys Maliuska said on Wednesday that he had received "quite optimistic" messages from lawmakers in the U.S.
U.S.
Israel has agreed to resume transferring tax revenues to the Palestinian Authority to fund basic services and bolster the West Bank economy, and money has begun
Strong U.S. economic growth has been a "key driver" of better than expected global growth, U.S.
Medium-term global growth prospects are the weakest in decades, but G20 major economies could boost growth prospects if they work together to address climate
U.S. officials continue to discuss with allies what to do with Russian assets immobilized after Moscow's invasion of Ukraine two years ago, a senior U.S.
There was "excellent progress" in talks with Egypt to enhance its IMF loan program, and "comprehensive support" was needed to help the country deal with
Rebuilding Ukraine's economy after Russia's invasion nearly two years ago is expected to cost $486 billion, 2.8 times its 2023 expected economic output, a new
The International Monetary Fund on Monday warned that any decisions taken about seizing frozen Russian assets should be backed with "sufficient legal support"