Page 2 - World Bank

India, World Bank considering $2-billion bridge finance: Sri Lanka

India has extended the duration of the $400-million currency swap facility which had been concluded with the island nation in January.

Russia-Ukraine crisis: Zelensky lists '5 steps' during World Bank session

The Ukrainian President said the first step was immediate support for Ukraine, "so that the Russian leadership knows that the war will not allow them to realise any of their aggressive goals

World Bank welcomes India's move of selling oil from its stockpiles

World Bank President David Malpass has welcomed India's move to begin selling oil from its stockpiles

Urbanisation and development

The relation between economic growth rate and the degree of urbanisation is mutually reinforcing, as higher economic growth results in high incomes that influence the rate of urbanisation

Speculation without data

Poverty estimates need govt surveys to resume

International Monetary Fund, World Bank chiefs raise global debt alarm

World Bank President Malpass called for a new process for restructuring debt burdens for developing nations amid concerns about a lack of transparency over how much they owe to China

34% of Pakistan's population lives on income of Rs 588 a day: World Bank

The poor spend around 50% of their total consumption on food items, the World Bank said in the report released on Tuesday

34% of Pakistan's population living on just $3.2 a day income: World Bank

The World Bank has said that 34 per cent of Pakistan's population was living on just $3.2 or Pak Rs 588 a day income, Express Tribune reported.

Sitharaman meets CFLI vice chair, discusses vision of developing GIFT City

Sitharaman met Mary Schapiro, vice chairman of the Climate Finance Leadership Initiative (CFLI) on Tuesday (local time) and spoke about her vision of developing GIFT City.

Strong US-India relationship to strengthen global order: FM Sitharaman

Observing that the recent Indo Pacific Economic Framework (IPEF) is a fantastic thought which has come from the US, she said India is looking at it and will take a considered view

India headed for robust economic growth, says FM Sitharaman in US

Sitharaman is here to attend the annual spring meeting of the International Monetary Fund and the World Bank

Pakistan to resume negotiations with International Monetary Fund

Pakistan now gearing up to re-initiate talks with the IMF and World Bank through a economic team, aiming to restart the IMF programme.

IMF chief hails India's help to Sri Lanka in dealing with economic crises

Georgieva made these remarks during the Spring Meetings of IMF-World Bank (WB) in Washington DC with Sitharaman

Ukraine fallout: World Bank sharply trims global growth forecast

Ukrainians claim first civilian casualties in Lviv; West's sanctions 'blitz' has failed, says Putin

Wall Street up, US Treasury surges as investors eye earnings, global growth

Stocks were up in early trading, with the Dow Jones Industrial Average rising 0.22%, the S&P 500 climbing 0.25% and the Nasdaq Composite up 0.23%

World Bank seeks to create a $170-bn emergency fund to help poorest nations

President David Malpass said World Bank was responding to the added economic stresses from the war by proposing a new, 15-month crisis financing target of $170 bn

FM Sitharaman, CEA Nageswaran to attend World Bank-IMF Spring Meeting

Sitharaman and CEA V Anantha Nageswaran are expected to represent the government at the World Bank-IMF Spring Meeting, which will take place in Washington DC from April 18 to April

One-fifth of humanity could face poverty, hunger from Ukraine war: UN chief

IMF Managing Director Kristalina Georgieva said on Thursday that the Ukraine conflict will downgrade forecasts for 143 economies this year, which collectively make up 86% of the world's GDP

Extreme poverty in India fell sharply in 2011-19: World Bank paper

Rural decline steeper than in urban centres

FM Nirmala Sitharaman leaves for US to attend World Bank, IMF meetings

During the official visit to the US, Sitharaman will take part in bilateral meetings with several countries, including Indonesia, South Korea, Sri Lanka and South Africa