World Bank Report

Pakistan is among the top 10 countries that possess the largest external debt stocks and became eligible for the Debt Service Suspension Initiative (DSSI) in the aftermath of the COVID-19 pandemic, said a World Bank report.

Chinese President Xi Jinping is scrutinizing the ties that the country's state banks and other financial institutions have developed with big private companies, the Wall Street Journal reported on Monday, citing people with knowledge of the plan.

The IMF's executive board will intensify its probe of MD Kristalina Georgieva this week by separately interviewing her and investigators who said she pressured World Bank staff to alter data to favor China, people with knowledge of the meetings said.

The Afghan central bank ran down most of its US dollar cash reserves in the weeks before the Taliban took control of the country, according to an assessment prepared for Afghanistan's international donors, exacerbating the current economic crisis.

World Bank found that senior bank leaders including Kristalina Georgieva unduly pressured staff to alter data to improve China's ranking in the Doing Business report while the bank was seeking China's support for a capital increase.

International Monetary Fund chief Kristalina Georgieva denied allegations that she pressured World Bank staff to alter data to favor China during her time as World Bank CEO, as the IMF's executive board launched a formal review of the matter.

IMF chief Kristalina Georgieva on Thursday disputed an independent investigation which found that in her previous job at the World Bank, she pressed staff to alter a report to avoid angering China.

The World Bank Group on Thursday announced its decision to discontinue the next 'Doing Business' report. "After reviewing all the information available to date on Doing Business, World Bank Group management has taken the decision to discontinue the Doing Business report," the international financial institution stated.

Afghan women should not be allowed to work alongside men, a senior figure in the ruling Taliban said, a position which, if formally implemented, would effectively bar them from employment in government offices, banks, media companies and beyond.

Foreign exchange reserves held by Pakistan's Central Bank fell 0.61 per cent on a weekly basis, according to State Bank of Pakistan's data on Thursday.

Heavily armed gangsters strapped hostages to their getaway cars after robbing two banks in Brazil, in a rampage that left three people dead, police and reports said Monday.

The coronavirus disease (COVID-19) pandemic has pushed an estimated 75 million to 80 million more people in developing Asia into extreme poverty as of last year compared with what would have happened without COVID-19, according to a new report by th

The World Bank Group's Kabul-based staff and their immediate families have been safely evacuated to Islamabad, according to an internal staff memo issued on Friday and seen by Reuters.

Less than a third of women -- defined in a World Bank report as 15 or older -- are working or actively looking for a job.

A Palestinian man was killed by Israeli gunfire in the West Bank Saturday, Palestinian authorities said, an incident Israel's army described as a "violent confrontation" between Palestinians and Jewish settlers.

Pakistan is among the top 10 countries that possess the largest external debt stocks and became eligible for the Debt Service Suspension Initiative (DSSI) in the aftermath of the COVID-19 pandemic, said a World Bank report.

Chinese President Xi Jinping is scrutinizing the ties that the country's state banks and other financial institutions have developed with big private companies, the Wall Street Journal reported on Monday, citing people with knowledge of the plan.

The IMF's executive board will intensify its probe of MD Kristalina Georgieva this week by separately interviewing her and investigators who said she pressured World Bank staff to alter data to favor China, people with knowledge of the meetings said.

The Afghan central bank ran down most of its US dollar cash reserves in the weeks before the Taliban took control of the country, according to an assessment prepared for Afghanistan's international donors, exacerbating the current economic crisis.

World Bank found that senior bank leaders including Kristalina Georgieva unduly pressured staff to alter data to improve China's ranking in the Doing Business report while the bank was seeking China's support for a capital increase.

International Monetary Fund chief Kristalina Georgieva denied allegations that she pressured World Bank staff to alter data to favor China during her time as World Bank CEO, as the IMF's executive board launched a formal review of the matter.

IMF chief Kristalina Georgieva on Thursday disputed an independent investigation which found that in her previous job at the World Bank, she pressed staff to alter a report to avoid angering China.

The World Bank Group on Thursday announced its decision to discontinue the next 'Doing Business' report. "After reviewing all the information available to date on Doing Business, World Bank Group management has taken the decision to discontinue the Doing Business report," the international financial institution stated.

Afghan women should not be allowed to work alongside men, a senior figure in the ruling Taliban said, a position which, if formally implemented, would effectively bar them from employment in government offices, banks, media companies and beyond.

Foreign exchange reserves held by Pakistan's Central Bank fell 0.61 per cent on a weekly basis, according to State Bank of Pakistan's data on Thursday.

Heavily armed gangsters strapped hostages to their getaway cars after robbing two banks in Brazil, in a rampage that left three people dead, police and reports said Monday.

The coronavirus disease (COVID-19) pandemic has pushed an estimated 75 million to 80 million more people in developing Asia into extreme poverty as of last year compared with what would have happened without COVID-19, according to a new report by th

The World Bank Group's Kabul-based staff and their immediate families have been safely evacuated to Islamabad, according to an internal staff memo issued on Friday and seen by Reuters.

Less than a third of women -- defined in a World Bank report as 15 or older -- are working or actively looking for a job.

A Palestinian man was killed by Israeli gunfire in the West Bank Saturday, Palestinian authorities said, an incident Israel's army described as a "violent confrontation" between Palestinians and Jewish settlers.