AJ Impact

Leaked letter warns Zimbabwe headed towards economic catastrophe

The country's debt arrears mean it cannot access foreign lenders, the finance minister wrote in a letter to the IMF.

Leaked letter warns Zimbabwe headed towards economic catastrophe

AJ Impact

Wages of migrants sent home could drop $142bn in 2020: World Bank

The drop in money that migrant workers send home would mostly be due to a fall in their wages and employment overseas.

Wages of migrants sent home could drop $142bn in 2020: World Bank

AJ Impact

No free ride: World Bank urges all creditors to back debt relief

World Bank's president said commercial creditors cannot 'free ride' on debt payment suspension by bilateral creditors.

No free ride: World Bank urges all creditors to back debt relief

AJ Impact

'Lead by example': China urges debt suspension for poor nations

China tells World Bank its leadership role will be weakened if it fails to suspend debt servicing for poor countries.

'Lead by example': China urges debt suspension for poor nations

AJ Impact

Coronavirus: G20 suspends debt payments for poorest countries

Finance ministers of world's biggest economies to delay payments for poorest nations starting May 1 through year end.

Coronavirus: G20 suspends debt payments for poorest countries

AJ Impact

'Make or break': IMF, World Bank to chart virus fight this week

'This may be the greatest global crisis we've faced in the postwar period,' says former IMF chief economist.

'Make or break': IMF, World Bank to chart virus fight this week

AJ Impact

Coronavirus: UN unveils plan to rescue countries facing collapse

Some 60 international agencies are urging a rapid and coordinated response as pandemic threatens the world's poorest.

 Coronavirus: UN unveils plan to rescue countries facing collapse

Counting the Cost

Can healthcare in poor nations withstand coronavirus?

Poor nations scramble for funding from IMF and World Bank to fight the pandemic. Will rich nations foot the bill?

AJ Impact

IMF, World Bank urge debt relief for poor nations battling virus

Poor countries will be 'hardest hit, especially ones that were already heavily indebted before the crisis' says Malpass.

IMF, World Bank urge debt relief for poor nations battling virus

AJ Impact

World Bank pledges $12bn immediate funds to fight coronavirus

'Speed is needed to save lives' but 'much more resources may be required', World Bank President David Malpass said.

World Bank pledges $12bn immediate funds to fight coronavirus

AJ Impact

Virus fallout: World Bank 'pandemic bonds' plummet in value

The bank issued the bonds in 2017 to help the poorest countries deal with health emergencies like the coronavirus.

Virus fallout: World Bank 'pandemic bonds' plummet in value

AJ Impact

World Bank not offering new funds to help China battle virus

World Bank has only offered technical assistance on virus outbreak as China has ample resources, its chief says.

World Bank not offering new funds to help China battle virus

AJ Impact

World Bank paints weaker outlook for global growth in 2020

Global trade, investments are slowing more than expected as geopolitical and economic tensions persist, new report says.

World Bank paints weaker outlook for global growth in 2020

Opinion

What to make of Trump's outburst over World Bank loans to China

The US president is angry that the World Bank is treating China like a developing nation but there is a deeper problem.

Richard Javad Heydarian

by Richard Javad Heydarian

Richard Javad Heydarian

Counting the Cost

What is the future of investing in emerging markets?

What countries really want from globalisation and Foreign Direct Investment. A CTC special from Doha Forum.