Islamabad [Pakistan], April 14 (ANI): Citing the additional burden on the budget put by the last-ditch energy subsidies by the outgoing Imran Khan government, the World Bank on Wednesday reduced Pakistan's economic growth rate forecast for the current fiscal year by almost one per cent, r
Washington [US], April 11 (ANI/Sputnik): The World Bank expects the Ukrainian economy to shrink by 45.1 per cent this year as a result of the Russian military operation, while Russia will see its economy contract by 11.2 per cent in the same period.
Washington [US], April 6 (ANI/Sputnik): The conflict in Ukraine threatens uneven recovery from the coronavirus pandemic among developing East Asian and Pacific countries, the World Bank said in a report on Tuesday.
Washington [US], March 31 (ANI): The World Bank has announced that they have put on hold four projects in Afghanistan worth USD 600 million following the Taliban's decision to ban girls from attending school above the sixth grade in the country.
Washington [US], March 22 (ANI/Xinhua): The World Bank Group said Tuesday it approved 350 million U.S. dollars in additional funding for Jordan's COVID-19 Emergency Response Project to support poor and vulnerable households and workers amid the pandemic.
Washington [US], March 17 (ANI/Xinhua): Bangladesh and the World Bank have signed a 120 million US dollars financing agreement to help improve the irrigated agricultural and fisheries production and increase the incomes of 170,000 poor people vulnerable to climate change.
Washington [US], March 15 (ANI/Sputnik): The World Bank is making $923 million in financial aid available for Ukraine, World Bank President David Malpass said on Monday.
New Delhi [India], March 10 (ANI): The World Bank has offered $125 million loan to support efforts to help poor and vulnerable groups access social protection services in the state of West Bengal, Union Finance Ministry said on Thursday.
Washington [US], March 8 (ANI): The World Bank on Monday approved a USD 723 million package of loans and grants for Ukraine, providing government budget support amid the all-out conflict with Russia.
Washington [US], March 3 (ANI): The World Bank on Wednesday (local time) has stopped all its programs in Russia and Belarus with "immediate effect" in response to Moscow's military operations in Ukraine.
Washington [US], March 2 (ANI): The World Bank on Tuesday approved a plan to use USD 1 billion frozen Afghan funds for aid urgently needed for education, agriculture, health and family programmes.
Washington [US], March 2 (ANI): Amid the deteriorating situation and humanitarian crisis in Ukraine, the World Bank is preparing a USD 3 billion support package for the country in the coming months and the International Monetary Fund (IMF) is soon considering requests for emergency financ