World Bank

Biden pledges record $4 billion to World Bank fund for poorest countries

Biden announced the three-year U.S. pledge during a closed session of the Group of 20 summit in Rio de Janeiro.

19 November 2024, 02:40 IST

Biden pledges record $4 billion to World Bank fund for poorest countries

19 November 2024, 02:40 IST

World Bank, ADB agree to provide Rs 13,000 cr to build Andhra capital Amaravati

The Department of Economic Affairs (DEA) recently informed the Andhra Pradesh government that both international banks have accepted the Andhra Pradesh Capital Region Development Authority's (APCRDA) proposal.

11 November 2024, 13:02 IST

World Bank, ADB agree to provide Rs 13,000 cr to build Andhra capital Amaravati

11 November 2024, 13:02 IST

India’s economic policies rooted in inclusive growth and social empowerment, says Sitharaman

With synchronised efforts across sectors, India will continue to strengthen its resilience, manage inflation, and maintain policy continuity, she said.

26 October 2024, 00:21 IST

India’s economic policies rooted in inclusive growth and social empowerment, says Sitharaman

26 October 2024, 00:21 IST

World Bank rolls out new strategy to boost economic opportunities for women

It also aims to support 250 million women with social protection programs focusing on the poorest and most vulnerable, and to provide 80 million more women and women-led businesses with capital, addressing constraints to entrepreneurship growth.

25 October 2024, 07:32 IST

World Bank rolls out new strategy to boost economic opportunities for women

25 October 2024, 07:32 IST

IMF, World Bank meetings clouded by wars, slow economic growth, US election

The International Monetary Fund and World Bank annual meetings are scheduled to draw more than 10,000 people from finance ministries, central banks and civil society groups to discuss efforts to boost patchy global growth, deal with debt distress and finance the green energy transition.

21 October 2024, 06:32 IST

IMF, World Bank meetings clouded by wars, slow economic growth, US election

21 October 2024, 06:32 IST

World Bank, ADB commit Rs 13,600 crore for Andhra capital Amaravati, funds to come from Jan 2025

Of the total cost of Rs 15,000 crore for the phase-I development, the Central government will be funding the remaining Rs 1,400 crore, the official said, adding the total amount from the World Bank should be drawn within five years.

18 October 2024, 09:15 IST

World Bank, ADB commit Rs 13,600 crore for Andhra capital Amaravati, funds to come from Jan 2025

18 October 2024, 09:15 IST

World Bank says 26 poorest countries in worst financial shape since 2006

The report finds that these economies are poorer today on average than they were on the eve of the Covid-19 pandemic, even as the rest of the world has largely recovered from Covid and resumed its growth trajectory.

14 October 2024, 01:20 IST

World Bank says 26 poorest countries in worst financial shape since 2006

14 October 2024, 01:20 IST

World Bank board approves new Ukraine fund, with money from US, Japan, Canada, sources say

The fund, to be administered by the World Bank, will help fulfill a pledge by Group of Seven rich democracies to provide Ukraine with up to $50 billion in additional funding by the end of the year.

11 October 2024, 01:19 IST

World Bank board approves new Ukraine fund, with money from US, Japan, Canada, sources say

11 October 2024, 01:19 IST

Sri Lankan economy stabilised, says World Bank

The 2024 growth is expected to be 4.4 per cent up from the previous projection of a 2.2 per cent, yet the poverty could increase Sri Lanka declared its first-ever sovereign default in mid-April 2022, the first since gaining independence from Britain in 1948.

10 October 2024, 10:46 IST

Sri Lankan economy stabilised, says World Bank

10 October 2024, 10:46 IST

Bangladesh says World Bank pledges over $2 billion for reforms

The World Bank also plans to repurpose an additional $1 billion from existing programmes.

17 September 2024, 12:51 IST

Bangladesh says World Bank pledges over $2 billion for reforms

17 September 2024, 12:51 IST