Islamabad [Pakistan], June 22 (ANI): The World Bank (WB) has estimated that poverty in Pakistan has increased from 4.4 per cent to 5.4 per cent in 2020, as over two million people have fallen below the poverty line.
Tel Aviv [Israel], June 21 (ANI): Chinese loans have surpassed lending by the World Bank and the International Monetary Fund combined together. It has become the largest global overseas creditor accounting for close to 65 per cent of the world's official bilateral debt with outstanding forei
Washington DC [US], June 13 (ANI): The World Bank has approved USD 60 million to improve the quality of Nepal's higher education, scale up online learning, and expand access to academic institutions for underprivileged students.
Washington [US], June 8 (ANI): Despite challenges from the Covid-19 pandemic, the global economy is expected to remain strong and expand 5.6 per cent in 2021, the fastest post-recession pace in 80 years relying on strong rebounds from a few major economies, the World Bank said on Tuesday.
Washington DC [US], June 7 (ANI): The World Bank's Board of Executive Directors has approved a USD 500 million program to support India's nationwide initiative to revitalise the MSME sector, which has been heavily impacted by the COVID-19 crisis.
Islamabad [Pakistan], May 25 (ANI): Concerned over the degrading economic condition of Pakistan, a former adviser to the World Bank said that if it continues with its dismal performance, then there is a possibility that Islamabad could be seeking aid from Bangladesh in 2030.
Islamabad [Pakistan], May 15 (ANI): The World Bank has approved the provision of USD 153 million to support the ongoing national vaccine drive in Pakistan to help the country fight the COVID-19 pandemic.
Islamabad [Pakistan], April 20 (ANI): As Pakistan's financial debt continues to mount, the World Bank has set tough conditions for USD 1.5 billion lending such as an increase in electricity rates, introduction of new power and tax policies, putting the Imran Khan-led government in a tight sp
Washington DC [US], April 1 (ANI): The World Bank on Thursday approved the allocation of an additional USD 25 million in financing from the Global Partnership for Education (GPE) to increase equitable access to primary and secondary education in Afghanistan, particularly for girls, the or
Pune (Maharashtra) [India], March 31 (ANI/SRV Media): Symbiosis International (Deemed University) SIU and Association of Indian Universities (AIU), in Collaboration with Obreal Global India Chapter and The World Bank are happy to announce the fifth edition of their annual international confe
Washington DC [USA], March 31 (ANI): A strong rebound in private consumption and investment growth is likely to push India's FY22 growth to 10.1 per cent, according to the World Bank, much higher than the 5.4 per cent it had projected in January.
Handwara (Jammu and Kashmir) [India], February 24 (ANI): With an aim to provide better facilities and cater to the medical requirements of the people of Kupwara, the district administration has started the up-gradation work as part of the World Bank-funded project under Contingency Emergency