Page 10 - Development Banking News Today

There has never been time where citizens could come to a common understanding that the success of an individual strongly depends on foreground of the country’s economic development projection. And inadvertently the development of any community or country strongly depends on individual contribution and values upheld by all such individuals. Addressing the pressing need to […]

The International Monetary Fund says it has reached a preliminary agreement on a $6 billion bailout for Pakistan

COLOMBO, Sri Lanka (AP) — A weekend of political chaos in Sri Lanka stretched into Monday, with opposition leaders yet to agree on replacements for embattled President Gotabaya Rajapaksa and

WASHINGTON -- Ukraine is getting an additional $1.7 billion in assistance from the U.S. government and the World Bank to pay the salaries of its beleaguered health-care workers and provide

COLOMBO, Sri Lanka (AP) — Sri Lanka’s opposition political parties were meeting Sunday to agree on a new government a day after the country’s president and prime minister offered to

Sri Lanka’s prime minister says the country's talks with the International Monetary Fund are proving complex and difficult since it is now a bankrupt nation

COLOMBO, Sri Lanka (AP) — Senior U.S. officials were in Sri Lanka seeking ways to help the island nation cope with an unprecedented economic crisis and severe shortages of essential

NEW YORK (AP) — Stocks are drifting mostly lower in early trading on Wall Street Monday as the market cools off following a rare winning week and the best daily

Bangladesh’s Prime Minister Sheikh Hasina has celebrated the opening of the country’s longest bridge, which took eight years to build amid setbacks involving political conflict and corruption allegations

Ahead of the G7 finance ministers’ meetings, the U.S. Treasury, several global development banks and other groups have unveiled a multi-billion dollar plan meant to address a worldwide food security crisis exacerbated by Russia’s war in Ukraine