World Bank
- 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…
- 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.…
- 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…
- Pakistan
Pakistan’s economy on edge of precipice, warns World Bank
Islamabad: Pakistan is in its tipping point crisis where it should decide to remain a laggard with 40 per cent population living below the poverty line under elite capture and policy decisions…
- India
World Bank President Ajay Banga to travel to India next week to attend G20 meeting
Washington: World Bank President Ajay Banga will travel to India next week to attend the G20 Finance Ministers and Central Bank Governors Meeting in Ahmedabad, Gujarat, according to the development lender. This…