Islamabad [Pakistan], Aug 15 (ANI): Pakistan could become ineligible for financial aid from one of the two main arms of the World Bank Group - the International Bank for Reconstruction and Development (IBRD), as the country's official foreign currency reserves are rapidly declining.
Kabul [Afghanistan], August 11 (ANI): Afghanistan's failure to observe World Bank initiated strategic and standard goals has cost the country USD 125 million in aid.
Kabul [Afghanistan], August 11 (ANI): Afghanistan's Water and Energy Minister Ali Ahmad Osmani has said India and the World Bank (WB) have shown interest to invest in the country's Shahtoot water dam project.
Washington D.C.[U.S.A.], August 2 (ANI): The World Bank has said that India is allowed to construct hydroelectric power plants on the Jhelum and Chenab Rivers after secretary-level discussions between India and Pakistan on the technical issues over the Indus Waters Treaty concluded this wee
Washington D.C. [United States], July 31 (ANI): India and Pakistan will hold talks on two hydro-power projects under the Indus Waters Treaty (IWT) at the World Bank headquarters here today.
New Delhi [India], July 12 (ANI): Former Executive Director of World Bank Subhash Chandra Garg on Wednesday took charge as the Secretary, Department of Economic Affairs under the Ministry of Finance.
New Delhi [India], July 6 (ANI): Moglix, a B2B e-commerce start-up on Thursday announced the closing of Series B round of funding at USD 12 Million. The round saw participation from International Finance Corporation (IFC), a member of the World Bank Group and Rocketship.vc, along with Mogl
New Delhi [India], June 22 (ANI): The World Bank group and Airbnb on Wednesday signed a Memorandum of Understanding (MoU), validating their combined efforts to boost the tourism industries of developing economies, at the Tourism Knowledge Exchange 2017, an event highlighting the latest innov
Islamabad [Pakistan], May 21 (ANI): The World Bank has warned that the Panama Papers issue "enhanced political risks" and created "some policy uncertainty" in Pakistan.
New Delhi [India], Apr 18 (ANI): Union Minister for Finance, Defence and Corporate Affairs Arun Jaitley will tomorrow leave on a five-day official visit to the United States of America to participate in the Spring Meetings of the World Bank and International Monetary Fund (IMF).
Islamabad [Pakistan], Apr 10 (ANI): Pakistan Finance Minister Ishaq Dar will lead multiple Pakistan delegations to the IMF-World Bank spring meetings in Washington from April 21 to 23.
New Delhi [India], Mar 25 (ANI): India and World Bank on Saturday signed a financing agreement for IDA credit of USD 100 (equivalent) for the "Uttarakhand Health Systems Development Project".