Back to homepage

Tag "world bank group"

IFC invests $10 mn in Endiya Fund II to support product start-ups

IFC invests $10 mn in Endiya Fund II to support product start-ups

🕔07:37, 11.Aug 2020

Hyderabad, Aug 11  The Endiya Fund II has received a commitment of about $10 million (Rs 75 crore) from the International Finance Corporation (IFC), a member of the World Bank Group. The IFC has also committed an additional $10 million

Read Full Article
World Bank to launch COVID-19 emergency programmes

World Bank to launch COVID-19 emergency programmes

🕔06:45, 18.Apr 2020

Washington, April 18  The World Bank Group (WBG) is expected to launch health emergency programs in over 100 countries by the end of April to support the fight against COVID-19, with 64 already in operation, President David Malpass said on

Read Full Article
WB-IMF ask creditors to suspend debt of poor countries amid Covid-19 pandemic

WB-IMF ask creditors to suspend debt of poor countries amid Covid-19 pandemic

🕔14:43, 26.Mar 2020

Washington, March 26  Washington-based World Bank Group together with the International Monetary Fund (IMF) has called on all its official bilateral creditors to suspend debt repayments of poor countries that receive loans from its concessionary window and help them tackle

Read Full Article
World Bank commits $25-30 bn for India’s transition to high middle-income country

World Bank commits $25-30 bn for India’s transition to high middle-income country

🕔11:14, 22.Sep 2018

New Delhi, Sep 22  The World Bank Group (WBG) on Friday approved its largest country program for India with a likely assistance of $25-30 billion by fiscal 2021-22 to help India’s transition to a higher middle-income country. “With a fast

Read Full Article
India jumps 30 ranks to 100th in World Bank’s ease of doing business list

India jumps 30 ranks to 100th in World Bank’s ease of doing business list

🕔13:49, 1.Nov 2017

New Delhi, Nov 01  India for the first time has moved into the top 100 in the World Banks Ease of Doing Business global rankings from its 130th position last year, riding on sustained government reforms which include making tax

Read Full Article
World Bank: New facility to empower women in entrepreneurship

World Bank: New facility to empower women in entrepreneurship

🕔10:32, 11.Jul 2017

Accra, July 11  The World Bank Group has announced the creation of a more than $1 billion innovative new facility that aims to advance women’s entrepreneurship. The facility would also help women in developing countries gain increased access to the

Read Full Article
World Bank starts presidential selection process

World Bank starts presidential selection process

🕔10:29, 24.Aug 2016

Washington, Aug 24 The World Bank Group has announced that its board of executive directors have decided to kick off the process of selecting president.The decision was made following notification from the current World Bank President Jim Yong Kim that he

Read Full Article
China’s economic fundamentals sound: World Bank chief

China’s economic fundamentals sound: World Bank chief

🕔11:48, 17.Jul 2015

Beijing, July 17  World Bank Group (WBG) President Jim Yong Kim said on Friday that China’s economic fundamentals are sound despite the recent equity market volatility. “China has built the world’s second largest economy and it has undertaken significant reforms

Read Full Article
World Bank, China to establish poverty reduction fund

World Bank, China to establish poverty reduction fund

🕔11:47, 17.Jul 2015

Beijing, July 17  The World Bank Group (WBG) and China signed an agreement here on Thursday to set up a trust fund to help reduce poverty. The fund aims to enhance the WBG-China cooperation and leverage financial and knowledge-based resources

Read Full Article
World Bank announces $500 mn for Nepal

World Bank announces $500 mn for Nepal

🕔15:38, 23.Jun 2015

Kathmandu, June 23  The World Bank Group on Tuesday announced a financial aid of up to $500 million to Nepal for reconstruction following the April earthquake. The announcement was made ahead of an international donor conference here on Thursday, The

Read Full Article
India leads South Asia in ‘doing business’ easier: World Bank

India leads South Asia in ‘doing business’ easier: World Bank

🕔12:37, 29.Oct 2014

Washington, Oct 29  A new World Bank Group report finds that India set the pace for regulatory reform in South Asia in 2013/14 India with 20 – the region’s largest reforms during the period. India was followed by Sri Lanka

Read Full Article
World Bank approves $105 mn to stem Ebola in Africa

World Bank approves $105 mn to stem Ebola in Africa

🕔15:05, 17.Sep 2014

Accra, Sep 17  The World Bank Group (WBG) has approved a $105-million grant to stem the Ebola virus disease in three West African countries that has claimed over 2,400 lives this year. The grant will finance Ebola-containment efforts under way

Read Full Article