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Tuesday, May 28, 2024
TopicWorld Bank

Topic: World Bank

Pakistan plans to seek $2 billion in new loans from World Bank, ADB, say reports

The Express Tribune says the new plans come as ADB and Pakistan finalised a USD 305 million emergency Covid-19 loan for the country.

World Bank approves another $1 billion to support India’s fight against Covid-19

This takes the total commitment from the World Bank towards emergency coronavirus response in India to USD 2 billion.

India facing worst economic slump since 1991, growth forecast at 1.5-2.8%: World Bank

The World Bank joins a chorus of international agencies that have made a similar cut in growth estimates in recent days on concerns about the Covid-19 pandemic.

World Bank offers $1 billion emergency aid to India to help fight Covid-19

With this, India will receive the largest chunk of the $1.9 billion support offered by the World Bank to 25 developing nations.

World Bank approves $1 billion emergency funding for India to tackle coronavirus

In South Asia, the World Bank also approved $200 million for Pakistan, $100 million for Afghanistan and $128.6 million for Sri Lanka.

Declaring India ODF doesn’t mean much if there is no cross-verification with big data

In 'The Swachh Bharat Revolution', edited by Parameswaran Iyer, Bibek Debroy highlights the questions that should be asked about India’s ODF status.

How foreign development aid is being pocketed by elites in poor countries

Aid money may stabilize the power of a corrupt elite, allowing them to enrich themselves without providing education, health, that would benefit their countries as a whole.

World Bank delays $500mn loan to Tanzania after outcry over schools barring pregnant girls

World Bank has postponed its decision on granting loan after an emergency meeting with Tanzanian activists and international human rights organisations.

Modi govt plans to further ease FDI rules for insurance, aviation

Finance Ministry has suggested increasing limit on FDI in insurance companies to 74% from 49% and allowing foreign airlines to own Indian carriers.

Global growth will begin to recover this year but only modestly, World Bank says

Global growth will accelerate marginally to 2.5% this year from 2.4% in 2019, largely because of stabilisation across a few large emerging economies.

On Camera

1984 no excuse for beadbi killings. Uphold Guru Granth Sahib values, not just physical form

Lynching the accused is not something ordinary Sikhs I know can make peace with. The prevailing sentiment remains that the offenders be punished according to the law.

8 crore MGNREGS workers deleted in 2 yrs. Centre’s Budget cuts, tech push to blame — NGO report

Report by civil society organisations LibTech India and NREGA Sangharsh Morcha flags tech changes being enforced without adequate training, cut in allocation despite demand for work.

As Army chief gets an extension, here are the contenders for the top post

With Modi govt granting a one-month extension to Gen Manoj Pande, others whose names were sent to the Cabinet Committee on Appointments are strong contenders now.

Abki baar 90 paar for Congress? Why even 30 more seats will ruffle BJP

Discussion about outcome of Lok Sabha polls continues to boil in cauldron of expectations only from BJP. Now reverse this equation, what if we asked about the performance of the 'loser'?