World Bank

Washington: Interest rate hikes by central banks around the world could trigger a global recession in 2023, the World Bank has warned, media reports said. Central banks have raised rates "with a degree of synchronicity not seen over the…
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Manila: The World Bank on Thursday approved a $178.1-million loan to support the Philippines' efforts in addressing malnutrition. The Washington-based bank said it will support the delivery of nutrition and health care services at the…
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United Nations: Against the backdrop of a global economic deceleration from the fallout of the Russian invasion of Ukraine, the World Bank has cut India's growth prospects to 7.5 per cent for the current fiscal year -- but the nation will…
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Bhubaneswar: Odisha-born World Bank economist Deepak Mishra has been appointed as the next director and chief executive of Indian Council for Research on International Economic Relations (ICRIER). He will take over from Rajat Kathuria…
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Washington: The global economy is experiencing a K-shaped recovery, as advanced economies have been able to provide support while the poorest countries are facing an increasingly desperate recession, World Bank Group President David Malpass…
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New Delhi: The World Bank and the Government of India today signed a loan agreement to enhance support for the Namami Gange programme that seeks to rejuvenate the Ganga river. The Second National Ganga River Basin Project will help stem…
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Washington: World Bank Group President David Malpass announced that Harvard University professor, Carmen Reinhart has been appointed as its new vice president and chief economist, effective on June 15. "I am very pleased to welcome…
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New Delhi: The World Bank on Friday announced USD 1 billion social protection package for India linked to government of India programmes. Junaid Ahmad, World Bank Country Director for India, said that the Word Bank will partner with the…
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Washington: The World Bank Group (WBG) is expected to launch health emergency programs in over 100 countries by the end of April to support the fight against COVID-19, with 64 already in operation, President David Malpass said on Friday.…
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New Delhi: As the global economy goes through an unprecedented tough phase amid the coronavirus crisis, a World Bank report on Sunday said that South Asia may witness its worst economic performance in the last 40 years. The report also…
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