Colombo [Sri Lanka], May 15 (ANI): Sri Lanka Prime Minister Ranil Wickremesinghe on Sunday held discussions with the country's representatives of the World Bank and the Asian Development Bank (ADB) amid the ongoing economic crisis in the Island nation.
Washington [US], May 12 (ANI/Sputnik): The United States will commit an additional $200 million to the World Bank's fund to prevent pandemics during the virtual global covid summit that will take place Thursday morning, a senior US administration official told reporters.
Colombo [Sri Lanka], May 10 (ANI): After clashes broke out in Sri Lanka where the protestors came under attack by the pro-government supporters, the World Bank (WB) has expressed deep concerns over the deteriorating situation in the Island Nation.
Washington [US], April 28 (ANI): The World Bank has approved a USD 47 million project to support the Government of India's Mission Karmayogi, a national program to build civil service capacity, the bank said in a statement.
Washington [US], April 19 (ANI/Sputnik): World Bank President David Malpass said on Tuesday that he and IMF Managing Director Kristalina Georgieva will hold talks with Ukrainian Prime Minister Denis Shmyhal on April 21 during the World Bank/IMF Spring meetings in Washington.
Washington [US], April 18 (ANI/Sputnik): The World Bank Group has lowered its projection for the rate of global economic growth in 2022 from 4.1 per cent to 3.2 per cent, President David Malpass said on Monday.
Islamabad [Pakistan], April 18 (ANI): Due to the rising political tension in Pakistan, and also the raging economic crisis, a high-profile Pakistani delegation is likely to make fresh contacts with the International Monetary Fund (IMF) and the World Bank in a meeting at Brent Wood Institutio
Colombo [Sri Lanka], April 17 (ANI): Amid the ongoing economic crisis and widespread protests against the government, a four-member Sri Lankan delegation led by the newly appointed Finance Minister Ali Sabry has left for Washington for initial discussions with the International Monetary Fund
Washington [US], April 14 (ANI): The World bank on Wednesday said that urgent action is needed to stabilize Afghanistan's economy as its per capita income has fallen by around one-third in the last months of 2021, wiping out the country's economic progress achieved since 2007.
Warsaw [Poland], April 14 (ANI): China needs to improve its lending practices in the developing world, especially in terms of transparency in the loans it provides, according to the World Bank President.
Colombo [Sri Lanka], April 14 (ANI): Sri Lanka needs urgent policy measures to address its high levels of debt and debt service, reduce the fiscal deficit, and restore external stability, the World Bank said in its twice-a-year regional update.
Kabul [Afghanistan], April 14 (ANI): Amid a political crisis in Afghanistan since the Taliban's takeover last August, the private sectors of the country have been hit hard as the businesses were halted, reported local media citing a survey conducted by the World Bank.