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Global recession warning as World Bank cuts economic forecast

The global economy is "perilously close to falling into recession", according to the latest forecast from the World Bank.It expects the global economy to...

Ghana should have signed up for Debt Service Suspension Initiative – World Bank President

The World Bank Group President, David Malpass, has expressed disappointment over Ghana and Nigeria’s decision not to sign up for the Debt Service Suspension...

Possible global recession looms – World Bank and IMF warn

At the beginning of their annual meetings on Monday in Washington, the International Monetary Fund (IMF) and the World Bank issued a warning about...

World Bank chief says coronavirus pandemic widening inequality gap

World Bank President David Malpass said on Wednesday that the coronavirus pandemic was exacerbating inequality throughout the world by hitting hardest those without a...

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