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Latest Articles in world bank

World Bank Should Keep Pumping Out Aid, Review Capital Adequacy - Development Committee

The World Bank shareholders in 2018 approved a $13 billion capital increase that mandated the bank wind down lending to wealthier middle-income countries, such as China, to shift resources to needier countries.

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Sitharaman participates in 102nd meeting of the World Bank Development Committee plenary

Sitharaman participates in 102nd meeting of the World Bank Development Committee plenary

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FM Sitharaman attends Development Committee Meeting with World Bank, IMF

FM Sitharaman attends Development Committee Meeting with World Bank, IMF

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World Experiencing One Of The Deepest Recessions Since Great Depression Due To COVID-19: World Bank

"The recession has been deep, one of the deepest since the Great Depression. And for many developing countries, and for the people in the poorest countries, it is truly a depression, a catastrophic event. It is continuing to add to the ranks of those in extreme poverty."

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World Bank approves USD 12 billion to help developing countries get COVID-19 vaccines, treatments

World Bank approves USD 12 billion to help developing countries get COVID-19 vaccines, treatments

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COVID-19 pandemic to push 150 million people into extreme poverty by 2021: World Bank

COVID-19 pandemic to push 150 million people into extreme poverty by 2021: World Bank

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IMF Urges Infrastructure Investment To Boost Post-COVID Growth

The IMF said increasing public investment by 1% of GDP in advanced and developing economies would grow their GDP by 2.7%, creating 7 million jobs directly, and between 20 million and 33 million jobs overall when considering the indirect macroeconomic effects.

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COVID-19 to potentially increase child mortality in developing countries by 45 per cent: World Bank

COVID-19 to potentially increase child mortality in developing countries by 45 per cent: World Bank

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Pandemic To Keep Asia's Growth At Lowest Since 1967, Warns World Bank

The bank said the region this year is projected to grow by only 0.9%, the lowest rate since 1967.

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Pandemic To Keep Asia's Growth At Lowest Since 1967, Warns ec

Growth in China was expected to come in at 2% this year, boosted by government spending, strong exports and a low rate of new coronavirus infections since March

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COVID-19 expected to stoke slowest growth in over 50 years in East Asia, Pacific and China

COVID-19 expected to stoke slowest growth in over 50 years in East Asia, Pacific and China

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UN Chief calls on World Bank, IMF to provide more support to states hit by COVID-19

UN Chief calls on World Bank, IMF to provide more support to states hit by COVID-19

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World Bank's IFC Warns Of Asia-Pacific 'Financial Crisis'

The IFC has allocated more than $7 billion to boost the liquidity of businesses in the region for the fiscal year ending June 2021, with a focus on small and medium enterprises.

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Pandemic poses risk to decade of progress in health, education, child survival: World Bank

Pandemic poses risk to decade of progress in health, education, child survival: World Bank

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Silk factory in Srinagar being upgraded with World Bank funding to boost production

Silk factory in Srinagar being upgraded with World Bank funding to boost production

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