STORY: From ditched Fed rate cut bets to the spring meeting of the IMF and World Bank, these are the business and finance stories to look out for in the week ahead. 1/ Ditched rate cut bets Markets hastily ditched bets for a mid-year Fed rate cut. September is now seen as the likely start
Ethiopia’s Finance Minister Ahmed Shide looks on as World Bank President Ajay Banga addresses delegates during Banga’s visit to the Bole Lemi Industrial Park during an official visit to Addis Ababa, Ethiopia. Reuters File According to the finance ministry on Friday, Ethiopia and the World Bank have inked loan agreements worth a combined $1.72 billion
By Andrea Shalal (Reuters) – The World Bank will publish more of its proprietary data, including on debt defaults, starting next week as part of a push to attract more private sector investment to developing countries, World Bank President Ajay Banga said. Banga, speaking at the China Development Forum early Sunday, China time, said the
WASHINGTON (Reuters) – World Bank President Ajay Banga on Monday rejected allegations that the bank’s International Finance Corp arm sought to cover up reports of sexual abuse at a for-profit school chain in Kenya in which it held a stake from 2013 to 2022. Banga, asked during a Center for Global Development public event about