Search For "world bank group"
World Bank stops all its projects in Russia, Belarus with 'immediate effec
Updated : 4 years ago IST
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.
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Tabreed officially partners with IFC to facilitate expansion in India
Updated : 4 years, 2 months ago IST
Mumbai (Maharashtra) [India], December 23 (ANI/PRNewswire): National Central Cooling Company PJSC (DFM: Tabreed) has officially confirmed its significant strategic partnership with the International Finance Corporation (IFC), a member of the World Bank Group and the largest global developmen
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Due to challenges in Afghanistan's payment system, aid resumption to count
Updated : 4 years, 4 months ago IST
Washington [US], November 9 (ANI): For the World Bank Group (WBG), it is unlikely to resume direct aid to Afghanistan due to challenges in the payment system of the country, said David Malpass, head of the WBG.
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World Bank says 100 mln people facing extreme poverty in 2021
Updated : 4 years, 5 months ago IST
Washington [US], October 15 (ANI/Sputnik): An estimated 100 million people experienced extreme poverty this year largely in the so-called middle-income countries (MICs) as a result of the economic crisis brought about by the measures implemented to address the novel coronavirus pandemic, the
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World Bank chief highlights 'tragic reversal' in development amid pandemic
Updated : 4 years, 5 months ago IST
Washington [US], October 14 (ANI/Xinhua): World Bank Group President David Malpass said on Wednesday that the COVID-19 pandemic is pushing up poverty and debt levels in low-income countries, highlighting a "tragic reversal" in development.
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China manipulated EODB rankings, no irregularities found in Indian data
Updated : 4 years, 5 months ago IST
Washington DC [US], September 21 (ANI): An independent scrutiny by leading US law firm WilmerHale shows China's massive data manipulation to hide slippage in the World Bank Group's Ease of Doing Business (EODB) rankings.
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World Bank to discontinue Doing Business report
Updated : 4 years, 5 months ago IST
Washington DC [US], Sep 17 (ANI): The World Bank Group has decided to discontinue publication of its Doing Business report following allegations of irregularities.
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Global economy to expand by 4 pc in 2021: World Bank
Updated : 5 years, 2 months ago IST
Washington DC [USA], January 6 (ANI): The global economy is expected to expand by 4 per cent in 2021, assuming an initial COVID-19 vaccine rollout becomes widespread throughout the year, the World Bank has said.
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IPICOL top performer among state IPAs: Invest India
Updated : 5 years, 2 months ago IST
New Delhi [India], December 21 (ANI): The Industrial Promotion and Investment Corporation of Odisha Ltd (IPICOL) has been categorised as a top performer among 20 state investment promotion agencies with an overall score of 98 per cent.
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Mineral production to soar as demand for clean energy increases: World Ban
Updated : 5 years, 10 months ago IST
Washington DC [USA], May 12 (ANI): A new World Bank Group report shows that production of minerals like graphite, lithium and cobalt could increase by nearly 500 per cent by 2050 to meet the growing demand for clean energy technologies.
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World Bank announces up to USD 12 bn as emergency aid to countries coping
Updated : 6 years ago IST
Washington D.C. [USA], Mar 4 (ANI): As coronavirus reaches more than 60 countries, the World Bank Group has pledged to make available an initial package of up to USD 12 billion to assist countries coping with the health and economic impacts of the global outbreak.
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IFC to anchor $200 million investment in Mahindra Finance to boost MSME le
Updated : 6 years, 3 months ago IST
Mumbai (Maharashtra) [India], Dec 2 (ANI): International Finance Corporation (IFC), part of the World Bank Group, has anchored an investment round of 200 million dollars (about Rs 1,430 crore) in Mahindra & Mahindra Financial Services Ltd to create a dedicated pool of financing for micro, sm
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