Page 21 - World Bank

World Bank approves US $500 mn budgetary support for Pak to tackle Covid-19

World Bank has approved US $500 mn in budgetary support for Pakistan to address the immediate impacts of the Covid-19 pandemic, achieve macroeconomic stability and support reforms, local media said.

World Bank grants India $750 mn emergency funding to help small businesses

Some 1.5 million businesses in MSME sector will get liquidity and jobs will be saved as a result, says World Bank.

World Bank enhances support for Namami Gange project, sanctions $400 mn

The assistance will help strengthen the management of the river basin which is home to more than 500 million people, the World Bank said in a statement

World Bank clears $500 mn loan to improve quality of education system

The World Bank on Sunday said its Board of Executive Directors had approved $500 mn (about Rs 3,700 crore) loan to improve quality and governance of school education in six Indian states

BS READS: What Rs 50,000-crore MSME Fund can learn from its start-up sister

The Rs 50,000-crore MSME fund of funds has an uphill task ahead, but there's plenty it can learn from problems with the Rs 10,000 crore start-up fund of funds launched five years ago

World Coronavirus Dispatch: US states see 'disturbing surge' in infections

World Bank okays $1 bn aid for Congo, UK lockdown to lift in July, surge in Covid-related medical waste and other other global news on the impact of the pandemic

Which economic stimulus works?

Much of the money that households and businesses receive in the form of stimulus checks will probably sit idle in their bank accounts

Market Ahead, June 9: All you need to know before the opening bell

World Bank yesterday forecast a 3.2 per cent contraction in India's economy in FY21 because of the Covid-induced lockdown. It had earlier predicted 1.5-2.8 per cent growth

Covid-19 impact: India's economy to shrink by 3.2% in FY21, says World Bank

India to lose tag of fastest growing large economy to China for another two years

Indian economy to contract by 3.2% this fiscal due to Covid-19: World Bank

In its latest edition of the Global Economic Prospect, the World Bank downgraded its projection of India by a massive negative nine per cent

Global economy to plunge into worst recession since WW-II: World Bank

The Covid-19 recession is the first since 1870 to be triggered solely by a pandemic, World Bank President David Malpass said

Covid-19 lockdown: Northeast states back to work sooner than others

The eight states together account for 2,930 or 1.3 per cent of the around 230,000 cases in the country

Prime minister's private secretary Rajeev Topno moves to World Bank

Brajendra Navnit is new India representative at WTO

Covid-19 can push 60 million into poverty, adopt comprehensive policies: WB

The scope and speed with which the Covid-19 pandemic and economic shutdowns have devastated the poor around the world are unprecedented in modern times, World Bank Group President David Malpass said

Needed: Global Risk Pooling Reserve Fund

According to the World Bank, 60 million people worldwide will fall back into extreme poverty as a result of the severe economic crisis unleashed by Sars-CoV-2

The economic crisis and India's role in post-coronavirus multilateralism

The world gross domestic product is expected to contract by 3%, international trade may decline by up to 32%, and 49 million people could slip into extreme poverty

Covid-19 crisis: World Bank to rescue with $160-billion aid to 100 nations

'Covid, shutdown may push as many as 60 mn people into extreme poverty'

Covid-19 updates: FM Sitharaman on stimulus 6.0, Trump's 'badge of honour'

Trump told reporters in a cabinet meeting that the high number of cases in the US is a "badge of honour", because it means the US is testing the most

World Bank approves $1-bn loan to India amid coronavirus outbreak

This takes the total commitment from the World Bank towards emergency Covid-19 response in India to $2 billion.

World Bank approves $1 bn to support India's fight against coronavirus

This takes the total commitment from the World Bank towards emergency Covid-19 response in India to $2 billion.