Search For "world bank"
Pakistan Floods: World Bank to provide USD 323 billion to farmers in flood
Updated : 2 days, 13 hours ago IST
Karachi [Pakistan], October 1 (ANI): In the wake of the devastating floods across Pakistan, the World Bank is set to aid the farmers of flood-affected regions in Sindh with USD 323 billion in order to provide subsidies for fertilisers and certified seeds.
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China's crashing economy: A deflationary effect of Zero Covid Policy
Updated : 3 days, 13 hours ago IST
Beijing [China], September 30 (ANI): The World Bank concluded in its recent forecast that Beijing's economy will grow at a slower rate than the rest of East Asia this year as China's Zero Covid Policy has resulted in the shutdown of businesses in the country impacting hundreds of thousands o
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World Bank slashes economic outlook for China to 2.8 pc
Updated : 4 days, 1 hour ago IST
Beijing [China], September 29 (ANI): The World Bank on Tuesday slashed China's 2022 economic growth projection to 2.8 per cent, pointing to Beijing's "zero-COVID" policy and housing market crisis.
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World Bank approves $150 million loan for Punjab to improve state's financ
Updated : 1 week, 6 days ago IST
Washington [US], September 20 (ANI): The World Bank's Board of Executive Directors today approved a loan of USD 150 million to the Indian state of Punjab to help the state better manage its financial resources and improve access to public services.
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Risk of global recession rises amid simultaneous interest rate hikes: Worl
Updated : 2 weeks, 3 days 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 : 2 weeks, 4 days 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 weeks 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 weeks, 1 day 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 : 1 month 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 : 1 month 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 : 1 month, 1 week 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 : 1 month, 1 week 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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