As the recent IMF-World Bank Spring Meetings brought into sharp focus deepening fissures in the global financial architecture, innovative reform is the key to advancing progress toward sustainable ...

WASHINGTON, May 2 (Reuters) - President Donald Trump on Friday asked Congress to approve $3.2 billion in contributions to the World Bank's International Development Association (IDA), which ...

Bessent told reporters that no decision has been made on whether to proceed with a $4 billion pledge to the World Bank's fund for the poorest countries, the International Development Association ...

The money will go to the International Development Association, which provides a lifeline for the poorest nations' struggles against debt, climate disasters, inflation and conflict, as part of its ...