World Bank
- Andhra Pradesh
Armed with World Bank & Stanford cred, Nara poised for key role in AP’s development
Amaravati: Stanford graduate and former World Bank official Nara Lokesh, the 41-year-old son of TDP chief N Chandrababu Naidu, is poised to play a key role in Andhra Pradesh’s development over the…
- News
Maldives faces high debt distress: World Bank warns
Male: Highlighting that the Maldives has been spending “beyond its means” for decades, the World Bank has warned that the archipelagic nation faces high debt distress risk and financing challenges, making it…
- Middle East
World Bank chooses Saudi Arabia as Knowledge Center
The World Bank Group has chosen Kingdom of Saudi Arabia (KSA) to be a knowledge center, in order to spread the culture of economic reforms globally. This move is part of both…
- World
Nearly 1 million Bangladeshis may slip into poverty: World Bank
Dhaka: Nearly 1 million Bangladeshi people are projected to join the ranks of the moderately poor, who earn less than $3.65 a day in purchasing power parity (PPP), said the World Bank…
- Pakistan
Over 10 million Pakistanis may fall below poverty line: World Bank
Islamabad: The World Bank has cautioned that over 10 million Pakistanis may fall below the poverty line, mainly due to a slothful economic growth rate and spiraling inflation at a staggering 26…
- Business
World Bank raises India’s GDP growth forecast to 7.5 pc for 2023-24
New Delhi: The Indian economy is projected to grow at 7.5 percent in 2024, the World Bank has said, revising its earlier projections for the same period by 1.2 percent. The World…
- India
World Bank projects Indian economy to grow at 7.5 pc in 2024
Washington: The Indian economy is projected to grow at 7.5 per cent in 2024, the World Bank has said, revising its earlier projections for the same period by 1.2 per cent. Overall,…
- India
Sri Lankan economy improving but poverty continues to surge: World Bank
Colombo: Sri Lanka’s bankrupt economy is on the recovery path but the poverty rates have continued to rise for the fourth year in a row, a report released by the World Bank…
- World
World Bank sees global growth slowing for 3rd straight year in 2024
Washington: The World Bank has forecast a bleak outlook for the global economy with growth expected to slow down for a third year in a row in 2024, according to its Global…
- Pakistan
Pakistan’s current economic model is not working: World Bank
Islamabad: Pakistan’s current economic model is not working, a top World Bank official has said, underscoring that the cash-strapped nation must change policies that have plagued development and benefitted only a few.…
- India
India leads list of top five remittance recipient countries in 2023
New Delhi: In 2023, India leads the list of top five remittance recipient nations as the country saw the highest amount of inflows in the world. The country received USD 125 billion,…
- Pakistan
Cash-strapped Pakistan secures USD 658 ADB package
Islamabad: Cash-strapped Pakistan has secured a USD 658 million financing package, including an expensive USD 300 million loan at market rates, from the Asian Development Bank, days after Finance Minister Shamshad Akhtar…
- India
Congress taunts BJP after World Bank withdraws paper flagging decline over toilet usage
New Delhi: Congress on Friday taunted the government over the success of Swachh Bharat Mission saying that the World Bank has to withdraw its paper that flagged decline in the use of…
- World
Bangladesh, World Bank ink $1 billion loan deal
Dhaka: The Bangladeshi government and the World Bank have inked a loan agreement worth over $1 billion to help the country achieve resilient and inclusive growth by improving early childhood development, secondary…
- India
World Bank pegs India’s GDP growth at 6.3 pc as global headwinds emerge
New Delhi: The World Bank has forecast India’s GDP growth for 2023-24 to be at 6.3 per cent as global headwinds are emerging as a drag. The expected moderation (from 7.2 per…
