Development banking

FILE - In this April 18, 2018, file photo, the World Bank CEO Kristalina Georgieva speaks at the World Bank/IMF annual spring meeting in Washington. European governments have decided to put forward Georgieva from Bulgaria as their candidate to replace Christine Lagarde as head of the Washington-based International Monetary Fund. (AP Photo/Jose Luis Magana)
August 02, 2019 - 6:48 pm
FRANKFURT, Germany (AP) — European governments have decided to put forward World Bank official Kristalina Georgieva from Bulgaria as their candidate to replace Christine Lagarde as head of the Washington-based International Monetary Fund. Georgieva prevailed in a vote Friday among EU governments...
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FILE - In this April 18, 2018, file photo, the World Bank CEO Kristalina Georgieva speaks at the World Bank/IMF annual spring meeting in Washington. European governments have decided to put forward Georgieva from Bulgaria as their candidate to replace Christine Lagarde as head of the Washington-based International Monetary Fund. (AP Photo/Jose Luis Magana)
August 02, 2019 - 5:38 pm
FRANKFURT, Germany (AP) — European governments have decided to put forward World Bank official Kristalina Georgieva from Bulgaria as their candidate to replace Christine Lagarde as head of the Washington-based International Monetary Fund. Georgieva prevailed in a vote Friday among EU governments...
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FILE - In this Wednesday, June 19, 2019, file photo, a cargo ship is docked at the Port of Los Angeles, in Los Angeles. The International Monetary Fund is downgrading its outlook for the world economy because of simmering international trade tensions. But at the same time, the fund is slightly boosting its forecast for U.S. economy in 2019, citing expectations that the Federal Reserve will cut interest rates. (AP Photo/Marcio Jose Sanchez, File)
July 23, 2019 - 10:56 am
WASHINGTON (AP) — The International Monetary Fund is downgrading its outlook for the world economy because of simmering international trade tensions. But at the same time, the fund is boosting its forecast for U.S. economy this year, citing expectations that the Federal Reserve will cut interest...
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In this June 12, 2019, photo, a man walks past an entrance to the International Finance Corporation, a unit of the World Bank Group, in Washington. The unit of the World Bank has been dragged onto the edges of Latin America’s biggest corruption scandal involving a highway connecting the Colombian capital to busy Caribbean ports. (AP Photo/Patrick Semansky)
July 02, 2019 - 12:05 am
BOGOTA, Colombia (AP) — A unit of the World Bank has been dragged into the edges of Latin America's biggest corruption scandal. The scandal involves a 1,000-kilometer (620-mile) highway across mountainous terrain connecting the Colombian capital to busy Caribbean ports. An investment officer for...
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FILE - In this March 25, 2019, file photo White House adviser Jared Kushner listens during a proclamation signing with President Donald Trump and Israeli Prime Minister Benjamin Netanyahu in the Diplomatic Reception Room at the White House in Washington. Kushner will present the economic portion of his Mideast peace plan on June 25 in Bahrain, with some key players missing. (AP Photo/Susan Walsh, File)
June 26, 2019 - 2:18 am
MANAMA, Bahrain (AP) — The heads of international financial institutions and global investors are addressing a conference intended to boost a $50 billion U.S. economic plan for the Palestinians. Despite widespread doubts about the proposal, which has been rejected by the Palestinians, the chiefs of...
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May 12, 2019 - 3:37 pm
ISLAMABAD (AP) — The International Monetary Fund said Sunday it reached a preliminary agreement with Pakistan for a $6 billion bailout over the next three years to finance sweeping economic reforms. Pakistan and the international lender reached a "staff level agreement" subject to approval by the...
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May 12, 2019 - 3:01 pm
ISLAMABAD (AP) — The International Monetary Fund says it has reached a preliminary agreement with Pakistan for a $6 billion bailout over the next three years to finance sweeping economic reforms. IMF envoy Ernesto Ramirez Rigo said in a statement Sunday that the two sides have reached a "staff...
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FILE - In this Nov. 13, 2018 file photo, Jihad Azour, the International Monetary Fund's Mideast and Central Asia department director, gives a press conference in Dubai, United Arab Emirates. In a new outlook report issued Monday, April 29, 2019, the IMF said that political uncertainty and volatile oil prices are weighing heavily on economic growth in the Middle East this year. A closer look, however, shows sharp variations from country to country. (AP Photo/Kamran Jebreili, File)
April 29, 2019 - 2:20 am
DUBAI, United Arab Emirates (AP) — Political uncertainty and volatile oil prices are weighing heavily on economic growth in the Middle East this year, according to a new report released Monday by the International Monetary Fund. The report, which looks at the economies of 23 countries spanning...
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FILE - In this Nov. 13, 2018 file photo, Jihad Azour, the International Monetary Fund's Mideast and Central Asia department director, gives a press conference in Dubai, United Arab Emirates. In a new outlook report issued Monday, April 29, 2019, the IMF said that political uncertainty and volatile oil prices are weighing heavily on economic growth in the Middle East this year. A closer look, however, shows sharp variations from country to country. (AP Photo/Kamran Jebreili, File)
April 29, 2019 - 2:02 am
DUBAI, United Arab Emirates (AP) — Political uncertainty and volatile oil prices are weighing heavily on economic growth in the Middle East this year, according to a new report released Monday by the International Monetary Fund. The report, which looks at the economies of 23 countries spanning...
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FILE - In this Nov. 13, 2018 file photo, Jihad Azour, the International Monetary Fund's Mideast and Central Asia department director, gives a press conference in Dubai, United Arab Emirates. In a new outlook report issued Monday, April 29, 2019, the IMF said that political uncertainty and volatile oil prices are weighing heavily on economic growth in the Middle East this year. A closer look, however, shows sharp variations from country to country. (AP Photo/Kamran Jebreili, File)
April 29, 2019 - 1:39 am
DUBAI, United Arab Emirates (AP) — The International Monetary Fund says political uncertainty and volatile oil prices are weighing heavily on economic growth in the Middle East this year. A new outlook report issued on Monday said that overall regional growth is expected to slowdown from close to 2...
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