Search For "development bank"
G20 expert group on strengthening Multilateral Development Banks constitut
Updated : 2 years, 11 months ago IST
A G20 expert group for strengthening multilateral development banks (MDBs) has been constituted under India's G20 Presidency. The expert group will submit its report to the Indian Presidency of the G20 before June 30, 2023.
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Nepal drowning in Chinese debt trap
Updated : 2 years, 11 months ago IST
Recently inaugurated Pokhara International Airport has come up with a USD 215 million loan from the Chinese EXIM Bank. The terms for this financing are highly adverse for Nepal's economy. The rate of interest charged on this loan is 2 per cent, much higher than what other multilateral lender
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Efficient logistics to drive India through Amrit Kaal to become Atmanirbha
Updated : 2 years, 11 months ago IST
The minister participated in the one-day workshop on "Logistics Cost Framework" organized by DPIIT, Ministry of Commerce and Industry, in partnership with Asian Development Bank (ADB) on Monday in the national capital.
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Qatar-India Trade Mission 2023 concludes on a buoyant note
Updated : 2 years, 12 months ago IST
Mumbai (Maharashtra) [India], March 20 (ANI/NewsVoir): Qatar Development Bank (QDB) organized the "Qatar-India Trade Mission 2023" from 15th - 16th March in Mumbai, to further strengthen the commerce, trade and business relationship between Qatar and India. The Mission witnessed a big boo
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Sri Lanka govt debt rose to 115.2 pc of GDP by 2022-end: Report
Updated : 2 years, 12 months ago IST
The gross debt of Sri Lanka's central bank was roughly 4.66 per cent of the GDP. Moreover, the central bank used special drawing privileges that required interest payments.
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Dutch development bank FMO pitches USD 11-mn investment in microfinance fi
Updated : 3 years ago IST
The proposed investment will be used to finance Arohan's post-Covid growth, FMO said. The homegrown microfinance company also plans to complement its branch network with more technology-driven services.
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Sri Lankan President welcomes financial assurances from creditors, highlig
Updated : 3 years ago IST
Wickremesinghe stated that he and Sri Lanka's Central Bank Governor signed the agreement and sent it to IMF. He noted that a response from IMF is expected this month followed by funds from World Bank and Asian Development Bank.
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257 clusters selected under phase one of HP Shiva main project: CM Sukhu
Updated : 3 years ago IST
Sunae Kim, head of the Asian Development Bank's Project Readiness Financing Mission team and also the team leader of the HP Shiva Project, met Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu here today and briefed him about the objectives and scope of the mission, stated an official r
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Nepal's Narayangadh-Butwal road expansion still in progress, Chinese compa
Updated : 3 years ago IST
Owing to the lacklustre attitude of the responsible agencies to monitor and disinterest in implementation, the work is yet to catch the expected pace. The contract will be terminated if the construction work is not finished within the allotted time limit
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Qatar Development Bank to lead Qatar-India Trade Mission 2023
Updated : 3 years ago IST
Mumbai (Maharashtra) [India], March 3 (ANI/NewsVoir): In order to further strengthen the commerce, trade and business relationship between Qatar and India, Qatar Development Bank (QDB) will be organising the "Qatar-India Trade Mission 2023", from 15-16 March at the Taj Mahal Palace in Mumbai
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Asian Development Bank agrees to provide Rs 1311.20 funds for Himachal Pra
Updated : 3 years ago IST
The multi-crore project comes under Phase-1 of the proposed infrastructure development program said CM Sukhu, adding further that the State Government has been laying special emphasis on making Himachal the best tourist destination in India by developing unexplored tourist places in a phased
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Cash-strapped Pakistan receives funds worth USD 700 million from China Dev
Updated : 3 years ago IST
Dar took to his Twitter to make the announcement. He wrote: "AlhamdoLilah! Funds USD 700 million received today by State Bank of Pakistan from China Development Bank".
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