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World Bank

High debt, growing strains put focus on need for new development approaches

World Bank Group President Ajay Banga attends the Annual Meetings Plenary for the IMF/World Bank 2026 Annual Meetings at Queen Sirikit National Convention Center (QSNCC) in Bangkok, Thailand, October 16, 2026. REUTERS/Patipat Janthong
World Bank Group President Ajay Banga attends the Annual Meetings Plenary for the IMF/World Bank 2026 Annual Meetings at Queen Sirikit National Convention Center (QSNCC) in Bangkok, Thailand, October 16, 2026. REUTERS/Patipat Janthong

IMF committee chairman says global economy resilient; delegates walk out on Russian official

Saudi Finance Minister Mohammed Al-Jadaan, who heads the IMF’s steering committee, said the important thing was that members ultimately agreed to the chair’s statement.
Saudi Finance Minister Mohammed Al-Jadaan, who heads the IMF’s steering committee, said the important thing was that members ultimately agreed to the chair’s statement.

IMF members call for more support amid war shocks, ‘advanced intelligence’ risks

The member economies agreed to support countries that undertake reforms and address debt vulnerabilities.
The member economies agreed to support countries that undertake reforms and address debt vulnerabilities.

IMF chief has ‘optimism’ and ‘worry’ after Bangkok annual meetings

IMF managing director Kristalina Georgieva said her organisation had a “responsibility” to help low-income countries struggling with price shocks stemming from the Iran war.
IMF managing director Kristalina Georgieva said her organisation had a “responsibility” to help low-income countries struggling with price shocks stemming from the Iran war.

Thai PM Anutin plays saxophone at IMF-World Bank reception, promotes Thai culture

Thai PM Anutin Charnvirakul played the saxophone at a government reception attended by about 3,000 guests in Bangkok on Oct 16.
Thai PM Anutin Charnvirakul played the saxophone at a government reception attended by about 3,000 guests in Bangkok on Oct 16.

Thai farmers, fishermen challenge IMF, World Bank at Bangkok rally

Demonstrators march during a protest against the International Monetary Fund and World Bank Group in Bangkok.
Demonstrators march during a protest against the International Monetary Fund and World Bank Group in Bangkok.

Germany’s Klingbeil says support for Ukraine comes with reform expectations

German Finance Minister Lars Klingbeil speaks during the annual review meeting of the \"Made for Germany\" initiative, at Siemens AG in Berlin, Germany September 30, 2026. REUTERS/Annegret Hilse
German Finance Minister Lars Klingbeil speaks during the annual review meeting of the \"Made for Germany\" initiative, at Siemens AG in Berlin, Germany September 30, 2026. REUTERS/Annegret Hilse

Temasek Trust, World Bank Group tie up to advance initiatives in climate and energy

(From left) Desmond Kuek, Executive Director and CEO of Temasek Trust, and Paschal Donohoe, Managing Director and Chief Knowledge Officer of the World Bank Group, at the MoU signing for a strategic partnership between Temasek Trust and the World Bank Group to advance shared development priorities.
(From left) Desmond Kuek, Executive Director and CEO of Temasek Trust, and Paschal Donohoe, Managing Director and Chief Knowledge Officer of the World Bank Group, at the MoU signing for a strategic partnership between Temasek Trust and the World Bank Group to advance shared development priorities.

Govts must incentivise private sector to hire fresh grads amid declining entry-level roles: President

Singapore President Tharman Shanmugaratnam (centre) with IMF managing director Kristalina Georgieva (left), and World Bank Group president Ajay Banga (right) at the panel discussion on jobs and AI on Oct 12.
Singapore President Tharman Shanmugaratnam (centre) with IMF managing director Kristalina Georgieva (left), and World Bank Group president Ajay Banga (right) at the panel discussion on jobs and AI on Oct 12.

IMF chief alarmed at ‘slow-moving tsunami’ of AI for jobs

Kristalina Georgieva said the technology is already hollowing out demand for human workers by taking over routine tasks, while increasing low-paying jobs in sectors such as construction.
Kristalina Georgieva said the technology is already hollowing out demand for human workers by taking over routine tasks, while increasing low-paying jobs in sectors such as construction.

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.