Union Home Minister Amit Shah on Friday, citing the World Bank report on India's digital public infrastructure push, said that the nation has achieved 80 pc financial inclusion under the leadership of Prime Minister Narendra Modi.
While speaking to the media at the G-20 health ministers' meeting, Manuskh Mandaviya said that “During covid, people from all over the world used to carry physical vaccination certificates with them but Indian citizens used to download the Co-WIN app and show the digital certificate
The recent regime change in Afghanistan after the Taliban takeover in August 2021 has not only affected the economy and also the welfare of the Afghan people, the World Bank said in its recent report of "Women, Business and the Law 2023," according to TOLOnews.
The World Bank in its flagship report 'Pakistan Development Update' warned Pakistan regarding serious dangers to its economic and debt viability while predicting almost flat economic growth.
Growth in developing East Asia and the Pacific is forecast to accelerate in 2023 as China's economy reopens, while the pace of growth in most of the economies in the rest of the region is anticipated to ease after a strong rebound last year, a World Bank report said.
According to the World Bank report, natural disasters such as flooding, earthquakes, avalanches, landslides, and droughts are exacerbating vulnerability and poverty in Afghanistan.
Despite pouring millions of dollars into Pakistan, the country's biggest city, Karachi was submerged during the extreme flooding last year due to decades of neglect by the authorities to the Karachi's sewage and waste disposal systems that created the perfect recipe for flooding in the city,
Unsurprisingly, warning of another global recession, the World Bank on January 13, 2023 forecasted Pakistan's economic growth to slow further to two per cent during the current year -- down by two percentage points from its June 2022 estimate.
According to the World Bank's latest Global Economic Prospects report, global growth is slowing sharply in the face of elevated inflation, higher interest rates, reduced investment, and disruptions caused by Russia's invasion of Ukraine.
Given fragile economic conditions, any new adverse development such as higher-than-expected inflation, an abrupt rise in key interest rates to contain it, a resurgence of the Covid-19 cases, or escalating geopolitical tensions could push the global economy into recession.