World Bank

Pakistan To Get $6 Billion From IMF Over Next Three Years: Official

World News | Agence France-Presse | Monday May 13, 2019

Pakistan will get $6 billion from the IMF over the next three years to meet its foreign debt obligations, the country's advisor on finance said on state television after an signing the agreement.

More Mobile Phones Than Humans In The World: Report

World News | ANI | Wednesday May 1, 2019

Thanks to the Internet and its affordability, the world recorded more mobile phones than the people using it, according to the latest data from the United Nations' International Telecommunications Union (ITU), the World Bank, and the UN.

Kerala Expects Rs 3,596 Crore World Bank Loan For Rebuilding After Floods

Kerala News | Indo-Asian News Service | Tuesday April 30, 2019

Kerala Chief Minister Pinarayi Vijayan, after a high level meeting here on Monday to discuss the 'rebuild Kerala' initiative in aftermath of the worst-ever floods that hit the state last year, indicated that the World Bank will provide a Rs 3,596 crore loan for rebuilding activities covering various sectors.

Imran Khan Meets IMF, World Bank Chiefs Seeking Bailout Package For Pak

World News | Press Trust of India | Friday April 26, 2019

Pakistan Prime Minister Imran Khan Friday held separate meetings with International Monetary Fund chief Christine Lagarde and World Bank CEO Kristalina Georgieva and discussed the cash-strapped country's efforts to tide over the financial woes.

Thought Of Ivanka As World Bank Head, She's Good With Numbers: Trump

World News | Agence France-Presse | Monday April 15, 2019

President Donald Trump considered nominating his daughter to head the World Bank, and she also would have been "great" as US ambassador to the United Nations, he said in an interview published Friday.

With $79 Billion In 2018, India Tops Global Remittances List: World Bank

India News | Press Trust of India | Tuesday April 9, 2019

India retained its position as the world's top recipient of remittances with overseas Indians sending a whopping $79 billion back home in 2018, the World Bank said in a report on Monday.

Pakistan's Finance Minister Says Country's Economy Is Out Of Crisis Phase

World News | Indo-Asian News Service | Monday April 8, 2019

Pakistan's Finance Minister Asad Umar said on Monday that the country's economy was out of the crisis phase even as the World Bank projected a bleak picture of Pakistan's economy with deceleration of growth rate and rising inflationary as well as debt burden over the next two years.

Indian Economy Expected To Grow 7.5% In 2019-20: World Bank

Business | Press Trust of India | Monday April 8, 2019

With robust growth, and food prices poised to recover, inflation is expected to converge toward four per cent, said World Bank

US Treasury Official David Malpass Named World Bank President

World News | Agence France-Presse | Friday April 5, 2019

David Malpass, a senior US Treasury official in President Donald Trump's administration, was unanimously chosen Friday as the next president of the World Bank.

Candidate Punks Election Commission, Claims Huge World Bank Loan

India News | Written by J Sam Daniel Stalin | Friday April 5, 2019

Mohanraj Jebamani, 67, could well be the richest candidate ever in India. The retired police officer has declared Rs 1.76 lakh crore as cash in hand a debt of Rs 4 lakh crore from the World Bank in his affidavit for the by-polls to the Perambur assembly constituency in Tamil Nadu.

Cash Worth 2G Scam, World Bank Loan: Candidate Punks Election Commission

India News | Press Trust of India | Thursday April 4, 2019

"Cash on hand Rs 1.76 lakh crore and debt of Rs four lakh crore" may sound outlandish, but the deliberate false declaration was made in his affidavit by a candidate for the by-election to the Perambur assembly segment in Tamil Nadu.

World Bank Says US Official Lone Candidate For Presidency

World News | Agence France-Presse | Friday March 15, 2019

The World Bank confirmed Thursday that senior US Treasury official David Malpass was the lone candidate nominated to take over the helm of the development aid institution.

Ramping Up Exports Will Bring Up Workers' Wages In India: Report

India News | Anirban Nag, Bloomberg | Wednesday March 6, 2019

India needs to ramp up exports if workers are to enjoy higher wages, according to a new report from the World Bank and the International Labor Organization.

Women Granted Only Three Quarters Of Men's Legal Rights: World Bank

World News | Agence France-Presse | Thursday February 28, 2019

Women around the world are granted only three quarters of the legal rights enjoyed by men, often preventing them from getting jobs or opening businesses, the World Bank found in study published Wednesday.

Trump Nominates "Happy Warrior" To Lead World Bank

World News | Agence France-Presse | Thursday February 7, 2019

President Donald Trump on Wednesday tapped David Malpass to lead the World Bank, a fierce critic of the development lender, which he lambasts as wasteful and ineffective.