Back to homepage

Tag "world bank"

Focus on Covid, climate finance to help South Asia’s economic recovery

Focus on Covid, climate finance to help South Asia’s economic recovery

🕔17:31, 20.Jul 2021

New Delhi, July 20  IFC, the private sector funding arm of World Bank, has appointed Hector Gomez Ang as Regional Director for South Asia. Based in New Delhi, Ang will play a critical role in boosting IFC’s investments in the

Read Full Article
World Bank approves $400mn loan to Philippines

World Bank approves $400mn loan to Philippines

🕔14:20, 25.Jun 2021

Manila, June 25  The World Bank on Friday approved a $400 millionloan to support reforms that will assist the Philippine government in achieving a resilient financial sector and help ensure a more inclusive recovery from the Covid-19 pandemic. The bank

Read Full Article
As India battles Covid, World Bank forecasts growth at 8.3%

As India battles Covid, World Bank forecasts growth at 8.3%

🕔07:53, 9.Jun 2021

United Nations, June 9  The World Bank has forecast that the Indian economy would grow by 8.3 per cent during the current fiscal year, an increase of nearly 3 per cent from its January projection, but lower than the April

Read Full Article
India, World Bank ink project for enhancing education in Nagaland

India, World Bank ink project for enhancing education in Nagaland

🕔15:49, 23.Feb 2021

New Delhi, Feb 23  Indian government, Government of Nagaland and the World Bank on Tuesday signed a $68 million project to enhance the governance of schools across Nagaland as well as to improve teaching practices and learning environments in select

Read Full Article
World Bank approves $97.5mn for Afghanistan to combat Covid

World Bank approves $97.5mn for Afghanistan to combat Covid

🕔18:10, 18.Feb 2021

Kabul (Afghanistan), Feb 18  The World Bank has approved $97.5 million in grant for Afghanistan to combat the impact of Covid-19 pandemic and droughts in the war-torn Asian country, the World Bank office in Afghanistan said in a statement reaching

Read Full Article
World Bank to fund $500 mn ‘green’ highways project in India

World Bank to fund $500 mn ‘green’ highways project in India

🕔07:10, 23.Dec 2020

New Delhi, Dec 23  India and the World Bank on Tuesday signed a $500 million project to build safe and green national highway corridors in the states of Rajasthan, Himachal Pradesh, Uttar Pradesh and Andhra Pradesh. The project will also

Read Full Article
World Bank cautions Indians against fraudulent credit, debit cards

World Bank cautions Indians against fraudulent credit, debit cards

🕔07:16, 7.Nov 2020

New Delhi, Nov 7  If there weren’t enough financial crimes and frauds, credit and debit cards in the name of the World Bank are being issued in India. In a statement, the World Bank said: “The World Bank’s attention has

Read Full Article
Cabinet okays ‘STARS’ project to help states better education outcomes

Cabinet okays ‘STARS’ project to help states better education outcomes

🕔17:20, 14.Oct 2020

New Delhi, Oct 14 The Cabinet on Wednesday approved a World Bank supported ‘STARS’ project that will support states in terms of education, said Union Information and Broadcasting Minister Prakash Javadekar. This project will be implemented as a new centrally-sponsored scheme

Read Full Article
India needs to sustain reforms to stem economic slowdown : World Bank

India needs to sustain reforms to stem economic slowdown : World Bank

🕔14:33, 8.Oct 2020

New Delhi, Oct 8  Faced with an unprecedented downturn, India needs to continue with critical reforms to reverse the sudden and steep impacts of Covid-19 pandemic on its economy, said the World Bank in its twice-a-year-regional update. The latest South

Read Full Article
World Bank halts release of ‘Doing Business’ report over data irregularities

World Bank halts release of ‘Doing Business’ report over data irregularities

🕔11:53, 28.Aug 2020

Washington, Aug 28  The World Bank has announced to halt the publication of the ‘Doing Business’ report as irregularities have been reported in the changes to the data published in October 2017 and 2019. In a statement, World Bank Group

Read Full Article
India general govt debt-to-GDP ratio may peak at 89% in FY23: World Bank

India general govt debt-to-GDP ratio may peak at 89% in FY23: World Bank

🕔07:39, 20.Aug 2020

New Delhi, Aug 20  India’s general government debt-to-GDP ratio is set to surge, with a World Bank report projecting the ratio at rising to its peak of 89 per cent in the financial year 2022-23, before gradually declining. The report

Read Full Article
World Bank may project steeper contraction of Indian economy for FY21

World Bank may project steeper contraction of Indian economy for FY21

🕔17:59, 19.Aug 2020

New Delhi, Aug 19 As coronavirus cases continue to surge in India, restricting several economic activities, the World Bank may project a steeper contraction of the Indian economy for the current financial year, revised from the previous estimate of 3.2 per

Read Full Article
World Bank provides $400 mn to enhance support for Namami Gange

World Bank provides $400 mn to enhance support for Namami Gange

🕔07:26, 8.Jul 2020

New Delhi, July 8  The Indian government and the World Bank on Tuesday signed a loan agreement to enhance support for the Namami Gange programme that seeks to rejuvenate the Ganga. The Second National Ganga River Basin Project will help

Read Full Article
World Bank signs $250mn agreements for Tamil Nadu housing

World Bank signs $250mn agreements for Tamil Nadu housing

🕔11:11, 30.Jun 2020

United Nations, June 30  The World Bank has signed agreements worth $250 million to promote private sector role in developing affordable housing in Tamil Nadu. The agreements were signed on Monday between the World Bank, the Indian Central government and

Read Full Article
WB approves $500m to B’desh for road connectivity with India

WB approves $500m to B’desh for road connectivity with India

🕔19:08, 25.Jun 2020

Dhaka, June 25 The World Bank has approved $500 million to help Bangladesh improve road connectivity along the Jashore-Jhenaidah corridor covering four western districts of Bangladesh to connect with the capital Dhaka as well as with India and Bhutan. World Bank

Read Full Article
Academicians urge World Bank to postpone loan to MHRD for STARS project

Academicians urge World Bank to postpone loan to MHRD for STARS project

🕔16:21, 21.Jun 2020

New Delhi, June 21  A group of academicians have urged the World Bank to postpone loan to the Ministry of Human Resource Development (MHRD) for the project — Strengthening Teacher-Learning and Results for States (STARS), across six states in India

Read Full Article
COVID-19: IMF, World Bank urge countries to keep trade open

COVID-19: IMF, World Bank urge countries to keep trade open

🕔06:57, 20.Apr 2020

Washington, April 20  The International Monetary Fund (IMF) and the World Bank Group (WBG) have called on countries to keep trade open as the world battles the COVID-19 pandemic, warning that export controls on medical supplies and other essentials could

Read Full Article
World Bank Group earmarks $1 bn financial support to India

World Bank Group earmarks $1 bn financial support to India

🕔07:07, 3.Apr 2020

New Delhi, April 3 The World Bank Group has earmarked $1 billion emergency financing support to India to curb the spread of COVID-19. The funding comes as a part of the group’s first set of emergency support operations for developing

Read Full Article
COVID-19: World Bank pledges $12bn in emergency aid

COVID-19: World Bank pledges $12bn in emergency aid

🕔10:42, 4.Mar 2020

Washington, March 4 The World Bank has committed $12 billion in aid for developing countries grappling with the spread of the coronavirus. The emergency package includes low-cost loans, grants and technical assistance. The action comes as leaders around the world

Read Full Article
India further improves ease of doing business, rankaed 63

India further improves ease of doing business, rankaed 63

🕔09:26, 24.Oct 2019

New Delhi, Oct 24  India has further improved its ease of doing business ranking, jumping 14 places to rank 63. The country also figured among the the top 10 performers on the list for the third time in a row.

Read Full Article