Search For "world bank"
Afghanistan's struggling economy led to deflation, poverty: World Bank Rep
Updated : 2 years, 1 month ago IST
According to the report, Afghanistan has been facing economic challenges due to reduced aggregate demand, including factors like the stronger local currency, dwindling household savings, reduced public spending, and the ban on opium cultivation.
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PoK activist raises concerns over Pakistan's worsening economic, political
Updated : 2 years, 1 month ago IST
An exiled political activist from Pakistan-occupied Kashmir has shown his anger and resentment on the degrading economic and political situation in Pakistan and its occupied territories of PoK and Gilgit-Baltistan.
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Pakistani netizens critical of Nawaz Sharif for wearing Gucci hat worth PK
Updated : 2 years, 1 month ago IST
The exorbitant price of the hat Nawaz wore was not the only highlight of the rally; some also pointed to the colour of the stripes on the cap, which was similar to the flag of Imran Khan's Pakistan Tehreek-e-Insaf (PTI) party.
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World Bank introduces innovative USD 100 million plastic waste reduction-l
Updated : 2 years, 2 months ago IST
According to the World Bank, this innovative financial instrument ties investor returns to Plastic Waste Collection Credits, Plastic Waste Recycling Credits, and Voluntary Carbon Units expected to be generated by projects in Ghana and Indonesia.
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World Bank President Ajay Banga emphasises growth imperative for jobs, pro
Updated : 2 years, 2 months ago IST
During his keynote speech at the WEF24 session, Banga provided a sobering outlook, stating, " The reality is we are headed for the first half of the decade to have the lowest growth rate in 30 years. Without growth, you don't have jobs, you don't have prosperity, and very often, without g
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Global leaders rally for over USD 15 billion in impact investment to aid v
Updated : 2 years, 2 months ago IST
Over 40 partners associated with the initiative announced more than 50 commitments aimed at boosting impact investment in these markets, potentially unlocking over USD 15 billion in commercial and catalytic capital.
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Global economy braces for slowest growth in three decades, World Bank repo
Updated : 2 years, 2 months ago IST
Global growth is projected to decelerate for the third consecutive year, dropping from 2.6 per cent in the previous year to 2.4 per cent in 2024. Developing economies are expected to fare even worse, with a growth rate of just 3.9 per cent, over one percentage point below the previous decade
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UAE economy expected to grow by 3.8% in 2025: World Bank
Updated : 2 years, 2 months ago IST
According to the Global Economic Prospects report released today, the World Bank forecast the growth in the Gulf Cooperation Council (GCC) countries to rise to 3.6 percent in 2024 and 3.8 percent in 2025, noting to last year's robust non-oil sector activity.
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Pakistan's debt burden mounts to 63.399 trillion PKR: Report
Updated : 2 years, 2 months ago IST
The total debt burden on Pakistan has risen to a whopping 63,399 trillion Pakistani Rupees (PKR) by the end of November last year in the financial year 2023-24, ARY News reported on Friday citing an official report.
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World Bank raises GBP 1.5 billion in 5-year sustainable development bond
Updated : 2 years, 2 months ago IST
According to the World Bank, this Sustainable Development Bond aims to generate GBP 1.5 billion from investors, contributing to the financing of the World Bank's initiatives for sustainable development solutions in its member countries.
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World Bank launches CAD 1.4 B 5-year sustainable development bond with div
Updated : 2 years, 2 months ago IST
According to the World Bank, the 5-year benchmark bond, designed to support sustainable development projects, comes with a semi-annual coupon rate of 3.50 per cent p.a.
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World Bank launches USD 5 B 7-year sustainable development bond with recor
Updated : 2 years, 2 months ago IST
According to the World Bank, the Sustainable Development Bond garnered an impressive USD 5 billion from investors keen on supporting the World Bank's mission to eradicate extreme poverty and enhance global prosperity sustainably.
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