World Bank
World Bank to fund Odisha to increase social protection, disaster resilience
Fri, Sep 15, 2023
A meeting was held between the Odisha government and a World Bank team here on Wednesday under the chairmanship of development commissioner Anu Garg on the Externally Aided Project (EAP)-Odisha State Capability and Resilient Growth Programme.
More >
World Bank to provide assessment of damages due to Himachal floods
Fri, Jul 28, 2023
The World Bank has offered to conduct an assessment in collaboration with the Global Facility for Disaster Reduction and Recovery (GFDRR) to quantify losses suffered in various sectors such as roads, power, water supply, housing, public buildings, irrigation, agriculture, horticulture, livestock, ecological services.
More >
TRENDING NOW
Sri Lanka receives $250 million as first tranche of World Bank budgetary support
Tue, Jul 04, 2023
Sri Lanka has received USD 250 million as the first tranche out of a USD 500 million World Bank budgetary and welfare support, an official statement said on Tuesday, as part of the efforts to revive the bankrupt island nation's economy.
More >
World Bank approves $1.5 billion financing for India's low-carbon transition
Fri, Jun 30, 2023
The World Bank has approved USD 1.5 billion in financing to accelerate India's low-carbon energy infrastructure. In a release Friday, World Bank said the financing will help India promote low-carbon energy by scaling up renewable energy and developing green hydrogen, among others.
More >
World Bank approves $700mn to help Sri Lanka implement foundational reforms
Thu, Jun 29, 2023
The World Bank Group said it has approved $700 million in financing for two operations to help Sri Lanka implement foundational reforms as the island nation is trying to overcome its worst-ever economic crisis.
More >
USAID Administrator Samantha Power meets World Bank President Ajay Banga; discusses climate finance, financial support to Ukraine
Thu, Jun 08, 2023
USAID Administrator Samantha Power has met World Bank President Ajay Banga and discussed a slew of crucial matters, including climate finance, debt sustainability and economic support to Ukraine, according to an official statement.
More >
World Bank cuts 2024 global growth forecast as rate hikes bite but lifts 2023 outlook
Wed, Jun 07, 2023
World Bank global growth forecast 2023: The World Bank on Tuesday raised its 2023 global growth outlook as the U.S., China and other major economies have proven more resilient than forecast, but said higher interest rates and tighter credit will take a bigger toll on next year's results.
More >
World Bank offers dim outlook for global economy; has slightly better outlook for Indian economy
Tue, Jun 06, 2023
The World Bank in its outlook today (June 6) said that even though the global economy is likely to fall sharply this year, the Indian economy is likely to be slightly better and would dip to still-strong 6.3% from 7.2% last year.
More >
World Bank President Banga meets VP Kamala Harris
Tue, Jun 06, 2023
The World Bank's newly-appointed President Ajay Banga has met Vice President Kamala Harris during which they talked about developing and implementing an action plan to raise the level of ambition in mobilising private investment.
More >
World Bank expects UAE's non-oil economy to grow by 4.8 pc in 2023
Wed, May 17, 2023
In a press conference held today in Dubai to announce the new World Bank Gulf Economic Update (GEU) titled, "The Health and Economic Burden of Non-Communicable Diseases in the GCC", the bank officials said that the current account balance in the UAE is expected to rise to 11.7 per cent in 2023
More >
Who is Ajay Banga, the Indian-American nominated by US President Joe Biden to lead World Bank?
Fri, Feb 24, 2023
According to the White House, Banga has extensive experience leading successful organisations in developing countries and forging public-private partnerships to address financial inclusion and climate change.
More >
Who is Ajay Banga? Meet the Indian-American nominated to lead World Bank
Fri, Feb 24, 2023
According to the White House, Banga has extensive experience leading successful organisations in developing countries and forging public-private partnerships to address financial inclusion and climate change.
More >
