Search For "the world bank"
David Malpass to step down as World Bank President
Updated : 3 years, 3 months ago IST
Malpass will leave his position on June 30, the end of the World Bank's fiscal year, after serving more than four years in the role, said the World Bank.
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World Bank to provide USD 1.78 bn to earthquake-hit Turkey for relief and
Updated : 3 years, 3 months ago IST
The World Bank in a statement said that it has started a rapid damage assessment to estimate the magnitude of the disaster and identify priority areas for recovery and reconstruction support.
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Economic Survey: India's 2023-24 GDP growth in real terms projected at 6.5
Updated : 3 years, 3 months ago IST
The Economic Survey document said the growth projection is broadly comparable to the estimates provided by multilateral agencies such as the World Bank, the IMF, the Asian Development Bank and the Reserve Bank of India.
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Mission 2047: India's march to become third-largest economy
Updated : 3 years, 4 months ago IST
The World Bank's revision of Indian GDP growth projections from 6.4 per cent to 6.9 per cent in the current fiscal year is one among the many affirmations Indian policies and reforms have received in recent times.
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Only 3 per cent of World Bank's USD 100 million funding used to flood-proo
Updated : 3 years, 4 months ago IST
Less than three per cent of the World Bank's budget, which it gave as loans to the local Sindh government, has been spent, after three years.
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LOOM SOLAR raises USD 2 Million Funding from SIMA Funds, USA
Updated : 3 years, 4 months ago IST
New Delhi [India], January 18 (ANI/PNN): Emerging SolarTech start-up Loom Solar has raised USD 2 Million funding from US based Social Investment Managers and Advisors (SIMA) under the Energy Access Relief Fund (EARF) supported by the World Bank, DFC, BII, FMO, IFC and others.
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Pakistan is South Asia's weakest economy: World Bank report
Updated : 3 years, 4 months ago IST
Unsurprisingly, warning of another global recession, the World Bank on January 13, 2023 forecasted Pakistan's economic growth to slow further to two per cent during the current year -- down by two percentage points from its June 2022 estimate.
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Brain drain in Middle East countries entails an ignorance cost amounting t
Updated : 3 years, 4 months ago IST
According to several studies carried out by UNESCO, the Arab League and the World Bank, the Middle East and the Arab World are responsible for about one-third of the brain drain from developing countries. The countries where Arab scientists and other highly skilled professionals migrate a
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World Bank cuts global growth estimate for 2023 over recession risks
Updated : 3 years, 4 months ago IST
According to the World Bank's latest Global Economic Prospects report, global growth is slowing sharply in the face of elevated inflation, higher interest rates, reduced investment, and disruptions caused by Russia's invasion of Ukraine.
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Djibouti struggles to repay Chinese loan, suspends debt repayments
Updated : 3 years, 5 months ago IST
The World Bank has in its latest report on Djibouti, stated that in 2022, Djibouti's debt servicing costs tripled to USD 184 million from USD 54 million in 2021. A further increase to USD 266 million has been predicted for 2023.
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More women walk to work compared to men in India: World Bank report
Updated : 3 years, 5 months ago IST
According to the World Bank's report -- a toolkit on 'Enabling Gender Responsive Urban Mobility and Public Spaces in India', how men and women travel is also intrinsically different. More women tend to walk to work compared to men -- 45.4 per cent versus 27.4 per cent.
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World Bank's toolkit aims to make transport, public spaces more gender inc
Updated : 3 years, 5 months ago IST
Public transport services are not traditionally designed keeping in mind women's safety and their specific travel needs, the World Bank said. This severely limits their access to work, education and life choices. India has amongst the lowest female labour force participation rates globally,
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