World Bank

The World Bank on Monday said it was assessing the impact of events in Bangladesh on its loan program with the country after its Prime Minister Sheikh Hasina resigned and fled. Hasina’s exit came after hundreds of people were killed in a…
Read More...

Ahead of the impending election in Pakistan, the World Bank on Saturday issued a warning to the incoming government that the international lenders and development partners can provide advice or financial aid but the crucial decisions must…
Read More...

The World Bank's ongoing reform could result in a $50 billion lending boost over the next decade, US Treasury Secretary Janet Yellen told AFP ahead of stakeholders' meetings next week where key changes are expected to be announced. Central…
Read More...

Ajay Banga is uniquely equipped to lead the World Bank at this critical moment in history, US President Joe Biden said on Thursday as he nominated the ex-Mastercard CEO, an Indian-American, to head the international financial institution.…
Read More...

The World Bank will provide Turkey $1.78 billion in assistance for relief and recovery work following earthquakes in the southeast that have killed almost 18,000 people there and in neighboring Syria. The lender is offering immediate…
Read More...

India on Thursday questioned the World Bank’s decision to go ahead with two parallel processes to address a dispute with Pakistan over two hydropower projects on cross-border rivers, saying this is not in consonance with provisions of the…
Read More...

World Bank President David Malpass on Wednesday warned that it could take years for global energy production to diversify away from Russia, prolonging the risk of stagflation, or a period of low growth and high inflation. In a speech at…
Read More...

साल 2023 में दुनिया आर्थिक मंदी का सामना कर सकती है। वर्ल्ड बैंक ने इसको लेकर चेतावनी जारी की है। इसके पीछे वजह, दुनिया भर के सेंट्रल बैंकों द्वारा आर्थिक नीतियों को सीमित किया जाना बताया गया है। वर्ल्ड बैंक ने अपनी नई रिपोर्ट में…
Read More...

The UN warned Wednesday that a growing global food crisis could last years if it goes unchecked, as the World Bank announced an additional $12 billion in funding to mitigate its “devastating effects.” Food insecurity is soaring due to…
Read More...

The World Bank has put four projects in Afghanistan worth $600 million on hold amid concerns over a decision by the country’s ruling Islamist leaders to ban girls from returning to public high schools, the bank said. The projects, to be…
Read More...