The Ministry of Finance posted on X, "Prime Minister @narendramodi once said India's priority is not to impose its dominance. India has followed policy of strategic and peaceful multilateralism. India has always stood in favour of multilateral institutions. Multilateral institutions shoul
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.
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, Sitharaman spoke on how India has extended a line of credit to many African nations to build their institutions, bridges, se
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
India has successfully harnessed the power of digital technology for the benefit of its people, while the United States has missed the opportunity, said Nobel Laureate in Economics and former World Bank Chief Economist, Prof. Paul Romer on Monday.
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.
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
88 per cent of rural women have adopted insurance through the Jan Suraksha schemes. This success is attributed to three major factors. First is affordability; even among women earning less than Rs 25,000 (approximately 300 USD) annually, 80 per cent have enrolled in at least one insurance sc
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.
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.
he US has acknowledged claims made by Pakistan Peoples' Party (PPP) Chairman, Bilawal Bhutto Zardari on accusations of alleged mismanagement of $400 million received by Pakistan in loans and aid from the World Bank, meant for flood relief actions in the country.
Chinese Foreign Minister Wang Yi called on Bangladesh Chief Adviser Professor Muhammad Yunus at the UN headquarters on Wednesday, to discuss bilateral issues, with a focus on strengthening relations, solar panel investments, and expanding business cooperation.