Debt in advanced economies piles on to global challenges, says World Bank president
David Malpass, president of the World Bank Group in Washington, DC, on April 13, 2023 Bloomberg | Bloomberg | Getty Images Developed economies across the...
Global economy going into recession, 2023 growth to slow
The World Bank slashed its global growth forecasts from projections it made in mid-2022 on the back of what it sees as broadly worsening economic...
World Bank chief warns of ‘5th wave’ of global debt crisis
World Bank President David Malpass warned that the world is facing the “fifth wave of debt crisis,” as he urged more support for countries in...