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UN Climate Bank Bets On Underfunded Clean Tech In India
The Asian Development Bank and the UN Green Climate Fund are set to launch a financial facility to bolster emerging clean technologies in India.
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Joe Biden To Push IMF, World Bank Reforms At G20 Meet In India Next Month
US President Joe Biden will urge reforms to the International Monetary Fund (IMF) and the World Bank that will better serve developing country needs at the G20 summit in Delhi next month, the White House said Tuesday.
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Musk Told Banks He Will Rein In Twitter Pay, Monetise Tweets: Report
Elon Musk told banks that agreed to help fund his $44 billion acquisition of Twitter Inc that he could crack down on executive and board pay at the social media company in a push to slash costs, and would develop new ways to monetize tweets.
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World Bank, IMF Call For Suspension Of Debt Payment By Developing Nations
The International Monetary Fund and World Bank on Wednesday called for governments to put a hold on debt payments from the world's poorest nations so they can battle the coronavirus pandemic.
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Amid Economy Woes, Pakistan Bank Receives $1 Billion From UAE
The State Bank of Pakistan (SBP) received $1 billion from the United Arab Emirates (UAE) following an agreement with the Abu Dhabi Fund for Development (ADFD), to help bridge Islamabad's current account deficit.
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Kerala To Raise Rs 15,900 Crore From Foreign Banks For Rebuilding
The Kerala government on Thursday decided to raise Rs 15,900 crore as loan from the World Bank, Asian Development Bank, and other funding agencies to rebuild the prime sectors of the state devastated by the recent deluge.
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US Offers Military Funding To Sri Lanka, As China Vies For Influence
The United States announced Monday it would grant Sri Lanka $39 million to boost maritime security as China develops its strategic hold on the Indian Ocean island.
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World Bank Announces $57 Billion Financial Aid For Sub-Saharan Africa
The World Bank on Sunday announced $57 billion in financing for sub-Saharan Africa over the next three fiscal years. Of that total, $45 billion will come from the International Development Association, the World Bank fund that provides grants and interest-free loans for the world's poorest countries.
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International Monetary Fund Agrees $5.5 Billion Bailout Package For Mongolia
Mongolia has reached an agreement with the International Monetary Fund on a $5.5 billion bailout package, officials announced, as the debt-wracked country tries to stabilise its economy.
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Pakistan's Dam On River Indus Refused Funding For Second Time In 2 Years
The Asian Development Bank has refused to fund the $14 billion dam project that Pakistan has planned on the Indus river in Pakitan-occupied Kashmir (PoK).
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UN Climate Bank Bets On Underfunded Clean Tech In India
The Asian Development Bank and the UN Green Climate Fund are set to launch a financial facility to bolster emerging clean technologies in India.
-
Joe Biden To Push IMF, World Bank Reforms At G20 Meet In India Next Month
US President Joe Biden will urge reforms to the International Monetary Fund (IMF) and the World Bank that will better serve developing country needs at the G20 summit in Delhi next month, the White House said Tuesday.
-
Musk Told Banks He Will Rein In Twitter Pay, Monetise Tweets: Report
Elon Musk told banks that agreed to help fund his $44 billion acquisition of Twitter Inc that he could crack down on executive and board pay at the social media company in a push to slash costs, and would develop new ways to monetize tweets.
-
World Bank, IMF Call For Suspension Of Debt Payment By Developing Nations
The International Monetary Fund and World Bank on Wednesday called for governments to put a hold on debt payments from the world's poorest nations so they can battle the coronavirus pandemic.
-
Amid Economy Woes, Pakistan Bank Receives $1 Billion From UAE
The State Bank of Pakistan (SBP) received $1 billion from the United Arab Emirates (UAE) following an agreement with the Abu Dhabi Fund for Development (ADFD), to help bridge Islamabad's current account deficit.
-
Kerala To Raise Rs 15,900 Crore From Foreign Banks For Rebuilding
The Kerala government on Thursday decided to raise Rs 15,900 crore as loan from the World Bank, Asian Development Bank, and other funding agencies to rebuild the prime sectors of the state devastated by the recent deluge.
-
US Offers Military Funding To Sri Lanka, As China Vies For Influence
The United States announced Monday it would grant Sri Lanka $39 million to boost maritime security as China develops its strategic hold on the Indian Ocean island.
-
World Bank Announces $57 Billion Financial Aid For Sub-Saharan Africa
The World Bank on Sunday announced $57 billion in financing for sub-Saharan Africa over the next three fiscal years. Of that total, $45 billion will come from the International Development Association, the World Bank fund that provides grants and interest-free loans for the world's poorest countries.
-
International Monetary Fund Agrees $5.5 Billion Bailout Package For Mongolia
Mongolia has reached an agreement with the International Monetary Fund on a $5.5 billion bailout package, officials announced, as the debt-wracked country tries to stabilise its economy.
-
Pakistan's Dam On River Indus Refused Funding For Second Time In 2 Years
The Asian Development Bank has refused to fund the $14 billion dam project that Pakistan has planned on the Indus river in Pakitan-occupied Kashmir (PoK).
