Search For "world bank"
Indian-American Ajay Banga "uniquely equipped to lead World Bank at such a
Updated : 2 years, 11 months ago IST
Ajay Banga "is uniquely equipped to lead the World Bank at such a critical moment, and he's an exceptional candidate", Patel said during a press briefing on Friday.
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Chinese national faces blasphemy charges in Pakistan
Updated : 2 years, 11 months ago IST
The recent detention of a Chinese national in Pakistan has sent shockwaves through the international community. Tian, in charge of heavy machinery, for China Gezhouba Group Company at the World Bank-financed, Dasu hydropower project in the Kohistan district of Khyber Pakhtunkhwa, was detaine
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India discusses Kishenganga and Ratle Hydroelectric Projects related to In
Updated : 2 years, 11 months ago IST
India on Monday discussed ongoing Neutral Expert proceedings pertaining to the Kishenganga and Ratle Hydroelectric Projects during the sixth meeting of the Steering Committee on matters related to the Indus Waters Treaty.
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World Bank suggests Pakistan end subsidies amid "dangerous" fiscal deficit
Updated : 2 years, 11 months ago IST
To improve Pakistan's economy, the World Bank, in its review report, has recommended several suggestions to the country to counter the problem -- starting with the end of subsidies.
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UAE participates in MENAP Finance Ministers and Central Bank Governors Mee
Updated : 2 years, 11 months ago IST
The meeting was held on the sidelines of the 2023 Spring Meetings of the World Bank Group (WBG) and the International Monetary Fund (IMF) in Washington, DC from 10th to 16th April, and discussed key strategic issues and economic growth in the region, in addition to future prospects and fisca
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Economic, political tension worsens poverty in Pakistan: Report
Updated : 2 years, 11 months ago IST
The report says Pakistan's economy is under stress with low foreign reserves and high inflation. Activity has fallen with policy tightening, flood impacts, import controls, increased borrowing and fuel costs, low confidence, protracted policy and political uncertainty. Despite some projected
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World Bank estimates decline in Pakistan's GDP per capita income to USD 1,
Updated : 2 years, 11 months ago IST
In its report 'Macro Poverty Outlook for Pakistan: April 2023', the bank noted that GDP per capita growth is estimated at -1.5 per cent in 2022-23 in comparison to 4.2 per cent in 2021-22.
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UAE participates in International Monetary and Financial Committee meeting
Updated : 2 years, 11 months ago IST
The meeting discussed the latest developments in the international monetary and financial system, and ways to achieve stability and global economic recovery.
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New UNESCO report reveals USD 97bn barrier to reaching education targets
Updated : 2 years, 11 months ago IST
The paper "Can countries afford their national SDG4 benchmarks?" by the Global Education Monitoring (GEM) Report of the UN Educational, Scientific and Cultural Organisation (UNESCO) was written as input for the spring meetings of the World Bank and the International Monetary Fund (IMF).
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Pakistan's inflation to rise to 29.5pc in FY23: World Bank
Updated : 2 years, 11 months ago IST
The World Bank has warned that Pakistan's inflation is projected to further rise to 29.5 per cent in the fiscal year 2023 due to higher energy and food prices and the weaker Rupee, Dawn reported.
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Climate change "hitting us from various different angles": Nirmala Sithara
Updated : 2 years, 11 months ago IST
"Climate is now hitting us from various different angles, hitting us in everyday life," Sitharaman said during a panel discussion at a World Bank-organised event on "Making it Personal: How Behavioral Change Can Tackle Climate Change".
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Climate change cannot be fought from conference rooms alone, must be fough
Updated : 2 years, 11 months ago IST
Bringing India's viewpoints on 'How Behavioural Change can Tackle Climate Change' to the fore, Prime Minister Narendra Modi on Friday said one of the most powerful ways to fight climate change is a behavioural change that must begin at every home.
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