World Bank

The spring meetings of the International Monetary Fund and the World Bank are due to open Tuesday, with two clear objectives: help countries combat climate change, and assist the most indebted nations.

The World Bank has increased its support for Türkiye from $17 billion to $35 billion, providing an additional $18 billion of resources for the next three years, Treasury and Finance Minister Mehmet Şimşek has said.

This year's first Economy Coordination Board (EKK) meeting has been held, with regulations on crypto currencies topping the agenda.

Members of the board met on Jan. 22, chaired by Vice President Cevdet Yılmaz, to discuss the latest developments in the Turkish and global economy.

MARRAKESH - Serbian Deputy PM and Finance Minister Sinisa Mali said on Thursday a Serbian delegation at International Monetary Fund-World Bank annual meetings in Marrakesh had been met with extremely positive reactions.

Mali also met with the Swiss Governor at the World Bank Guy Parmelin.

MARRAKESH - Serbian Deputy PM and Finance Minister Sinisa Mali said on Wednesday he had had excellent meetings with high-ranking officials of the International Monetary Fund and the World Bank as part of his attendance at the WB-IMF Annual Meetings in Marrakesh.

He said the IMF and the WB had recognised the results achieved by Serbia.

American business magnate Warren Buffett predicts new bankruptcies of American banks. Economists at the International Monetary Fund (IMF) speak of superficial stability with turmoil already manifesting below the surface.

The World Bank's ongoing reform could result in a $50 billion lending boost over the next decade, US Treasury Secretary Janet Yellen has told AFP ahead of stakeholders' meetings this week where key changes are expected to be announced.

Ajay Banga, the American pick to lead the World Bank, was the only candidate nominated for the position, the bank confirmed on March 30, paving the way for his likely appointment in the coming months.

J. Humberto Lopez has been announced as the World Bank's country director for Türk,iye to replace Auguste T. Kouame, who recently completed a three-year term.

Lopez, a Spanish national, will lead the World Bank's Program and Portfolio supporting the government of Türkiye to further its development agenda, the World Bank said in a press release yesterday.

Treasury and Finance Minister Nureddin Nebati will meet with his counterparts, executives of international organizations and global companies on the sidelines of the IMF-World Bank meetings in Washington, D.C., this week.