Nigeria raised $2.2 billion with its first eurobond sale since February 2022, attracting demand for more than four times the amount on offer.

Developing countries spent a record $1.4 trillion to service their foreign debts, as their interest climbed to a 20-year high in 2023, the World Bank’s latest International Debt report has shown.

Qatar’s economy has shown signs of a gradual rebound from the post-World Cup growth moderation. Near-term real GDP growth is expected to reach 2 percent, and the medium-term outlook is more favorable, ...

JIRAMA's financial difficulties have led to electricity outages and water shortages. With support from the IMF and the World Bank, JIRAMA's recovery aims to reduce fiscal risks and improve service ...

Elon Musk and Vivek Ramaswamy are partnering to create and new U.S. government agency, the Department of Government ...

In addition, BRICS can provide Africa with the badly needed development fund, he said, adding the BRICS New Development Bank ...

Islamic finance is growing worldwide, including in the United States, with its steadily increasing Muslim population. Shariah ...

ShareMajority believe members of the Bretton Woods institutions—easily identified as the World Bank and the International Monetary Fund (IMF)—are the architects of the country’s dimensional woes, ...

Four out of ten people in the world live in a country that spends more money servicing the interest on its sovereign debts ...

The global economy is expected to grow at 3.2% and 2.7% in 2024 according to the IMF and UNCTAD, respectively.

Abdellatif Jouahri, governor of Morocco’s central bank, Bank Al-Maghrib, announced on Tuesday that a draft law regulating cryptocurrencies is undergoing adoption. The draft law will seek to clarify ...

The IMF study explores the transition to risk-based solvency (RBS) regimes in Kenya, Mexico, and South Africa, highlighting ...