Tag: Jim Yong Kim

WASHINGTON: The World Bank President Jim Yong Kim announced Monday he would step down next month, more than three years before his current term...

WASHINGTON: In annual financial moot of the International Monetary Fund (IMF) and the World Bank heree the World finance leaders have defended globalisation against...

WASHINGTON: World Bank and IMF leaders on Thursday confronted the rising unpopularity of globalization while urgently calling on countries to stimulate more equal economic...

WASHINGTON: World Bank President Jim Yong Kim effectively won a second five-year term after nominations to lead the global development bank closed Wednesday with no other candidates proposed.

WASHINGTON: The United States on Thursday threw its support behind World Bank chief Jim Yong Kim for a second term at the helm of the multilateral development lender.

WASHINGTON:  A worried World Bank slashed its growth forecast for the global economy Tuesday, saying advanced economies are rebounding more slowly than expected and low commodity prices continue to hurt other countries.

KARACHI: President of World Bank Group (WBG) Jim Yong Kim concluded a two-day visit to Pakistan by urging the country to raise the ambition of its economic reforms while also encouraging the private sector to take a bigger role in creating jobs, especially for youth and women.

ISLAMABAD: World Bank Group (WBG) President Jim Yong Kim says Pakistan has a great opportunity to become more ambitious in reforming its economy so that more people are lifted out of poverty more quickly and prosperity is more widely shared among its people.

WASHINGTON: World Bank President Jim Yong Kim announced a net 250 job cuts Thursday -- the first major job reductions under his reorganization plans at the bulked-up development bank.