Pakistan had dramatically reduced poverty from 64.3 percent in 2001 to 21.9 percent in 2018, but Covid-19, floods, inflation, economic and political instability have reversed gains.
Report studied 24 cities with focus on Chennai, New Delhi, among others. Timely adaptation can avert billions of dollars of annual losses from weather-related shocks, it adds.
World Bank data highlights a lack of government programmes that provide women entrepreneurs access to finance and training, which can support them in opening and running a business.
This would be the first known instance of Saudi Arabia providing financial support for Syria since Islamist-led rebels toppled former leader Bashar al-Assad in 2024.
The Neutral Expert has said that it has the 'competence' to decide on differences between India & Pakistan related to the design of 2 hydroelectric projects in J&K.
World Bank's International Debt Report 2024 finds Afghanistan, Pakistan, Nepal, Bhutan, Bangladesh, Myanmar, Sri Lanka & Maldives together owe $324.6 bn to external lenders.
World Bank Managing Director for Operations Anna Bjerde said the bank is supporting the government turning the growth into jobs and also sustainable development.
New Delhi’s concerns include need to accelerate development of clean energy for emission reduction targets, changes in population demographics & impact of cross-border terrorism.
Initial talks held on the possibility of India entering the programme that was started in 2017 between France, Germany and Spain to ensure European sovereignty in defence and security.
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