ADB President Masatsugu Asakawa and World Bank President Ajay Banga signed a groundbreaking Full Mutual Reliance Framework (FMRF) agreement today to deepen collaboration on cofinanced sovereign ...

The World Bank has announced a major shift in its global operations, with plans to decentralize its management teams and ...

The Full Mutual Reliance Framework is a significant step in our collaboration with the World Bank, and will deliver lasting benefits to communities and economies across Asia and the Pacific,” said Mr.

This first-of-its-kind arrangement between multilateral development banks (MDBs) will mean that borrowers will need to follow ...

The World Bank said on Tuesday it will restructure its global operations by shifting its regional management teams from Washington to hub offices around the world, a move aimed at helping the bank ...

The Asian Development Bank (ADB) and the World Bank (WB) signed a new groundbreaking Full Mutual Reliance Framework (FMRF) on ...

The Asian Development Bank (ADB) and the World Bank (WB) signed a new groundbreaking Full Mutual Reliance Framework (FMRF) ...

The Full Mutual Reliance Framework (FMRF), signed by ADB President Masatsugu Asakawa and World Bank President Ajay Banga, is designed to streamline project preparation and implementation. This ...

A bold new initiative aims to halve the number of people without access to electricity in Africa by 2030. Approximately 600 ...