In its recent report on economic growth of South Asian countries, the World Bank has underlined that the economy of Afghanistan remains fragile and that at least two-thirds of Afghan families continue to face livelihood challenges, according to Khaama Press.
In a significant development that could pull foreign funds into India’s debt market, JPMorgan Chase & Co. recently announced it will add Indian government bonds to its benchmark emerging-market index starting June 28, 2024. The inclusion of the index follows the Indian government’s “subs
South Asia is expected to grow by 5.8 per cent in the financial year 2023, but slower than its pre-pandemic pace and not fast enough to meet its development goals, said the World Bank in its twice-a-year regional outlook released on Tuesday. The growth forecast for 2023 is 20 basis points hi
The World Bank has retained India’s GDP growth forecast for the financial year 2023-24 at 6.3 per cent, but noted that the country continued to show resilience against the backdrop of a challenging global environment.
The World Bank posted on X, “How can developing countries become more resilient to debt risks & safeguard funding for critical needs such as healthcare & infrastructure? Kristalina Georgieva and Ajay Banga lead a high-level World Bank meetings conversation on Thursday, Oct. 12”.
The World Bank Board of Directors today approved USD 365 million in International Development Association (IDA) financing to increase girls’ and women’s access to learning, economic opportunities, and utilization of health services, and to strengthen the institutional capacity for gender equ
The virtual conference, held on Monday, focused on India's Digital Public Infrastructure (DPI) and its potential to inspire other nations, particularly in Africa, to enhance their digital connectivity and services, read the Ministry of Electronics and IT press release.
The country director for the World Bank in Pakistan, Najy Banhassine said in an overview of reforms for a brighter future: Time to Decide, “Policy decisions are heavily influenced by strong vested interests, including those of military, political and business leaders.”
"The hybrid event saw addresses from Secretary (Economic Affairs), Ministry of Finance, Government of India; Chief Economic Advisor, Government of India; senior experts from the IMF and World Bank joining in-person and representatives from over 100 countries across Asia, Africa, and the Midd