World Bank

Kerala salvages $250 million World Bank loan by agreeing to tap funds in smaller tranches

In addition, the state government is now negotiating another $100 million from the World Bank. Moreover, the government has ensured funding of $100 million from the German development bank KfW.

published on : 10th August 2020

Indus Waters Treaty: World Bank expresses inability to appoint neutral expert or Court of Arbitration

The last round of bank-facilitated and secretary-level talks between India and Pakistan were held in Washington in September 2015.

published on : 8th August 2020

Coronavirus: World Bank to give USD 750 million budget support to Indian small businesses

The USD 750 million support is in addition to the USD 2 billion funding that the World Bank has already announced for the social and health sector.

published on : 1st July 2020

World Bank to give USD 750 million to support 15 crore viable MSMEs

World Bank Country Director in India Junaid Ahmad said this funding is under the multilateral lender's Development Policy Law, which is a direct budget support.

published on : 1st July 2020

World Bank clears USD 500 million to improve quality of education system in six Indian states

The number of children going to school increased, however, the learning outcomes of students across all age groups continue to remain below par.

published on : 28th June 2020

Coronavirus: World Bank approves USD 500 million loan for Pakistan

"Political risks are high because COVID-19 response adds uncertainty to the relations among the federating units," said the World Bank documents.

published on : 25th May 2020

COVID-19 to push 60 million into poverty; USD 160 billion assistance to 100 countries: World Bank

Of the 100 countries, home to 70 per cent of the world's population, 39 are in Sub-Saharan Africa.

published on : 20th May 2020

World Bank approves USD 1 billion to support India's fight against COVID-19

A USD 1 billion support was announced last month to support India's health sector.

published on : 15th May 2020

20 per cent air pollution rise can spike COVID-19 cases, says World Bank study

Also, Particulate Matter PM 2.5 is a highly significant predictor of the number of confirmed COVID-19 cases and related hospital admissions. 

published on : 7th May 2020

Kerala govt may turn to World Bank for loan

Similarly, the PSUs in the chemical engineering sector suffered a total loss of `120 crore during the lockdown period.

published on : 25th April 2020

Indian economy will bounce back from lows inflicted by coronavirus: Gautam Adani

International agencies from the World Bank to IMF have projected that the Indian economy will grow at its slowest pace since the 1991 economic reforms.

published on : 15th April 2020

Migrant workers returning home could spread coronavirus in sub-continent: World Bank

World Bank said that preventing domestic coronavirus transmission in the densely South Asia region, preventing domestic coronavirus transmission is an enormous challenge.

published on : 12th April 2020

World Bank puts FY21 India growth at 1.5-2.8 per cent, slowest since economic liberation

India's economy is expected to grow 1.5 per cent to 2.8 per cent in the 2020-21 fiscal which started on April 1, the World Bank said in its South Asia Economic Focus report.

published on : 12th April 2020

COVID-19 to hit South Asia very hard, likely to wipe out gains made in poverty alleviation: World Bank

The bank said that South Asian governments must ramp up action to curb the health emergency, protect their people, especially the poorest and most vulnerable.

published on : 12th April 2020

World Bank to roll out USD 160 billion emergency aid over 15 months, India to get USD 1 billion 

In addition, the World Bank's private sector arm, the International Finance Corporation, is providing $8 billion in financing to private companies to preserve jobs.

published on : 3rd April 2020
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