Search For "the world bank"
Nepal signs USD 140mn concessional loan pact with World Bank
Updated : 3 years, 9 months ago IST
Kathmandu [Nepal], August 30 (ANI): Nepal government and the World Bank have signed a concessional financing agreement for USD 100 million (equivalent to Rs 12.7 billion) for Green, Resilient, and Inclusive Development (GRID).
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Why Blame China for lending money to the needy
Updated : 3 years, 9 months ago IST
London [UK], August 17 (ANI): Whether the World Bank (WB), International Monetary Fund (IMF), or the United States of America, (USA) like it or not, today China is the world's largest official creditor. Beijing is walking the distance where needed donning the mantle of the Modern-Day Good Sa
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Overlapping food, debt crisis in Afghanistan can have devastating impacts:
Updated : 3 years, 9 months ago IST
Kabul [Afghanistan], August 9 (ANI): Since the Taliban took control of Afghanistan, the country is under a massive humanitarian crisis and is currently at the greatest risk of overlapping food and debt crises, a report by the World Bank stated recently.
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World Bank says no plan to offer new financing to crisis-hit Sri Lanka
Updated : 3 years, 10 months ago IST
New Delhi [India], July 29 (ANI): The World Bank has no plan to offer new financing to Sri Lanka until an adequate macroeconomic policy framework is in place in the island country, which is facing its worst crisis.
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World Bank approves USD 200 million to spur agricultural growth in Pakista
Updated : 3 years, 10 months ago IST
Islamabad [Pakistan], July 17 (ANI): The World Bank has approved USD 200 million to spur agricultural growth in Pakistan's Punjab province amid the dwindling economy of the country.
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UNDP, World Bank sign deal for USD 20mn to support Afghanistan
Updated : 3 years, 10 months ago IST
Kabul [Afghanistan], July 16 (ANI): The United Nations Development Progamme (UNDP) has signed a USD 20 million partnership agreement with the World Bank to support humanitarian, economic, and social development initiatives across all eight regions and 34 provinces of Afghanistan.
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Growth in developing economies likely to halve in 2022, says World Bank re
Updated : 3 years, 10 months ago IST
Washington [US)], July 14 (ANI): The growth in emerging and developing economies are expected to roughly halve to 3.4 per cent in 2022 in comparison to 6.6 per cent the previous year, as the spillover effects led by the Russian invasion of Ukraine has adversely affected these nations, the Wo
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Hollywood Foreign Press Association announces partnership with World Bank'
Updated : 3 years, 11 months ago IST
Washington [US], June 30 (ANI): The Hollywood Foreign Press Association, an organization that produces the Golden Globes, is set to jointly sponsor a series of events with the World Bank to promote the growth of educational entertainment programming.
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World Bank approves USD 1.03 billion to South Asia for regional trade, con
Updated : 3 years, 11 months ago IST
Washington [US], June 29 (ANI): The World Bank on Tuesday approved USD 1.03 billion of financing to improve regional trade in Bangladesh and Nepal by reducing trade and transport costs and transit time along the regional corridors.
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World Bank to double educational funding for Central, West Africa
Updated : 3 years, 11 months ago IST
Accra [Ghana], June 28 (ANI/Xinhua): The World Bank Group seeks to double its funding for education in the Western and Central African region by 2025 to accelerate the work of educational reforms, a senior official of the bank said here late Monday.
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Turkish firms file complaint against Pakistan in World Bank over 'mismanag
Updated : 3 years, 11 months ago IST
Islamabad [Pakistan], June 23 (ANI): Two Turkish firms have filed a complaint in the International Centre for Settlement of Investment Disputes (ICSID), which is a part of the World Bank Group, seeking USD 230 million against Pakistan under the strong claims of "mismanagement by the previous
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South Africa to spend USD 480 million World Bank loan on COVID-19 vaccines
Updated : 3 years, 11 months ago IST
Johannesburg [South Africa], June 16 (ANI/Xinhua): South African government will use 480 million US dollars of the World Bank loan to pay for COVID-19 vaccines purchased between December 2020 and June 2021 and other costs associated with the vaccines, a health official said on Thursday.
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