Search For "world bank"
Risk of global recession rises amid simultaneous interest rate hikes: Worl
Updated : 3 years, 6 months ago IST
Washington [US], September 16 (ANI): As central banks across the world simultaneously hike interest rates in response to inflation, the world may be edging toward a global recession in 2023 and a string of financial crises in emerging markets and developing economies that would do them lasti
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PM Modi to launch National Logistic Policy on his birthday
Updated : 3 years, 6 months ago IST
New Delhi [India], September 15 (ANI): Prime Minister Narendra Modi is scheduled to launch the National Logistic Policy on his Birthday on September 17 at Vigyan Bhawan.
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Lebanon on verge of becoming failed state amid economic, political, social
Updated : 3 years, 6 months ago IST
Nicosia [Cyprus] September 12 (ANI): Lebanon is facing a full economic meltdown and is virtually on a precipice economically, politically and socially. Although it cannot yet be described as a failed state, it is on the verge of becoming one.
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Bangladesh's economy has come of age, now attracts foreign players
Updated : 3 years, 6 months ago IST
Dhaka [Bangladesh], September 10 (ANI): Economic liberalization has put Bangladesh on a solid foundation since the current Awami League government has been in power for a long time.
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World Bank report lauds handling of COVID-19 by Indian government
Updated : 3 years, 6 months ago IST
New Delhi [India], August 30 (ANI): The Covid-19 pandemic brought with a spate of challenges like shortage of medical supplies, equipment, however, a concerted effort by various departments along with the involvement of the private sector defined the Indian response, according to a World Ban
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Nepal signs USD 140mn concessional loan pact with World Bank
Updated : 3 years, 6 months ago IST
Kathmandu [Nepal], August 30 (ANI): Nepal government and the World Bank have signed a concessional financing agreement for USD 100 million (equivalent to Rs 12.7 billion) for Green, Resilient, and Inclusive Development (GRID).
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International organisations announce USD 500 million flood relief aid to P
Updated : 3 years, 7 months ago IST
Islamabad [Pakistan], August 26 (ANI): In the wake of the devastating flood situation across Pakistan, International organizations and financial institutions have announced to provide a flood relief aid of over USD 500 million for the flood victims in the country, on the request of Pakistan
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Sri Lanka among 10 countries with highest food price inflation: World Bank
Updated : 3 years, 7 months ago IST
Colombo [Sri Lanka], August 23 (ANI): Sri Lanka is ranked fifth among the 10 countries with the highest food price inflation in the world, according to the latest World Bank assessment.
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Why Blame China for lending money to the needy
Updated : 3 years, 7 months ago IST
London [UK], August 17 (ANI): Whether the World Bank (WB), International Monetary Fund (IMF), or the United States of America, (USA) like it or not, today China is the world's largest official creditor. Beijing is walking the distance where needed donning the mantle of the Modern-Day Good Sa
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Laos finds itself in China's 'debt trap': Report
Updated : 3 years, 7 months ago IST
Vientiane [Laos], August 10 (ANI): Laos, a south-east Asian nation is at a high risk of default as the country has taken huge loans from China to build its large-scale infrastructure projects, giving new momentum to the 'debt trap' diplomacy.
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Overlapping food, debt crisis in Afghanistan can have devastating impacts:
Updated : 3 years, 7 months ago IST
Kabul [Afghanistan], August 9 (ANI): Since the Taliban took control of Afghanistan, the country is under a massive humanitarian crisis and is currently at the greatest risk of overlapping food and debt crises, a report by the World Bank stated recently.
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World Bank says no plan to offer new financing to crisis-hit Sri Lanka
Updated : 3 years, 8 months ago IST
New Delhi [India], July 29 (ANI): The World Bank has no plan to offer new financing to Sri Lanka until an adequate macroeconomic policy framework is in place in the island country, which is facing its worst crisis.
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