Search For "the world bank"
US pledges USD 4 Billion to replenish World Bank's International Developme
Updated : 1 year, 6 months ago IST
US President Joe Biden announced that America will pledge USD 4 Billion over the period of next 3 years to replenish the World Bank's International Development Association.
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UAE continues to lead as regional hub for trade, business, travel: World B
Updated : 1 year, 6 months ago IST
Roberta Gatti, Chief Economist of the Middle East and North Africa (MENA) region of the World Bank, emphasised confidence in the continued growth of the UAE's economy during 2024 and 2025.
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Commodity prices to drop through 2026 amid stabilising supply and demand s
Updated : 1 year, 6 months ago IST
The commodity prices in the international markets will decrease by 5 percent in 2025 and 2 percent in 2026, following a 3 percent decline this year, reaching their lowest levels since 2020, the World Bank Group said in its October edition of Commodity Market Outlook.
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Nirmala Sitharaman highlights Global South's contributions to foundations
Updated : 1 year, 7 months ago IST
Sitharaman urged the World Bank to promote a two-way exchange of innovations, drawing from the transformative experiences of the Global South in areas like digital inclusion and sustainable energy.
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UAE signs two agreements with IMF to support Poverty Reduction and Sustain
Updated : 1 year, 7 months ago IST
The signing took place on the sidelines of the annual meetings of the World Bank Group (WBG) and the IMF in Washington DC where the UAE is participating until October 26.
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FM Nirmala Sitharaman advocates for debt restructuring and resilient infra
Updated : 1 year, 7 months ago IST
Ministry of finance posted on X, "Union Minister for Finance and Corporate Affairs @nsitharaman participated in the Global Sovereign Debt Roundtable #GSDR on the sidelines of the World Bank and IMF #AnnualMeetings2024, in Washington DC, today. In her intervention, FM @nsitharaman congratu
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FM Sitharaman, World Bank President discuss issues related to private capi
Updated : 1 year, 7 months ago IST
Sitharaman said that she is looking forward to the World Bank taking forward the Independent Evaluation Group's (IEG) recommendations on MDBs reforms from India.
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No country, US far away or China very close to us, cannot ignore India: Ni
Updated : 1 year, 7 months ago IST
While participating in a panel discussion on the 'Bretton Woods Institutions at 80: Priorities for the Next Decade', organised by the Center for Global Development on the sidelines of the World Bank and International Annual Meetings 2024 in Washington, DC, Sitharaman stated that no countr
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Amid economic challenges, Pakistan Finance Minister Aurangzeb to participa
Updated : 1 year, 7 months ago IST
Pakistan Finance Minister Muhammad Aurangzeb is set to arrive in Washington DC today to participate in the annual meetings of the International Monetary Fund (IMF) and the World Bank Group, taking place from October 21 to 26, according to a report by Dawn.
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Bangladesh GDP growth to decelerate to 4 percent, says World Bank
Updated : 1 year, 7 months ago IST
Bangladesh's post-Covid recovery continues to be impacted by high inflation, balance of payments deficit, financial sector vulnerabilities, and increasingly limited job opportunities for its youth, especially women and educated youth, says the World Bank in its twice-yearly-update, released
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World Bank raises India's growth outlook for FY25 to 7% from 6.6 %
Updated : 1 year, 7 months ago IST
The World Bank has raised India's economic growth forecast from 6.6 per cent to 7.0 per cent for the financial year 2024-25 citing the growth of agriculture output and policies as a major factor contributing to the employment growth in the economy.
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IFC partners with Axis Bank to provide USD 500 mln climate loan
Updated : 1 year, 7 months ago IST
The International Finance Corporation (IFC), a member of the World Bank Group, is partnering with private lender Axis Bank, to provide a USD 500 million loan to help develop a blue finance market and scale up financing of green projects in India.
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