Page 24 - World Bank
The next big development challenge
The latest economic forecasts from the IMF and the World Bank are sobering, pointing to protracted slowdowns across the board
There's no emerging market debt threat
It's good to be warned and to be prudent in managing debt. But are EMDEs really going on a debt binge that could hurt the global economy?
 "There's no emerging market debt threat")
World Bank arm IFC to pick up 4.5 % stake in Sachin Bansal floated NAVI
Investment to support the transformation of CIFCPL into a technology led universal bank
 "World Bank arm IFC to pick up 4.5 % stake in Sachin Bansal floated NAVI")
World Bank lowers Pak growth rate at 2.4% in FY20 on tight monetary policy
"Pakistan's growth is expected to rise to 3 per cent in the next fiscal year after bottoming out at 2.4 per cent in FY2019-20, which ends June 30," the World Bank said
 "World Bank lowers Pak growth rate at 2.4% in FY20 on tight monetary policy")
World Bank pegs India's FY20 GDP growth at 5% as credit weakness lingers
In the report's India section, the World Bank said tighter credit conditions in the non-banking sector are contributing to a substantial weakening of the domestic demand in the country
 "World Bank pegs India's FY20 GDP growth at 5% as credit weakness lingers")
Containing China
Access to American savings through the US securities markets provides China a lifeline without having to deal with its debt trap
 "Containing China")
Crisis looms as debt wave sweeps developing nations, warns World Bank
The World Bank and International Monetary Fund have been sounding the warning about growing global debt for years, but this report is starker and calls for governments to curb debt crisis.
 "Crisis looms as debt wave sweeps developing nations, warns World Bank")
Online retail sale just 1.6% of total retail trade in India: World Bank
It noted that in the neighbouring country of Bangladesh, too, the online sales a mere 0.7 percent of total retail sales, while that in China is 15 percent and around 14 percent globally
 "Online retail sale just 1.6% of total retail trade in India: World Bank")
Low e-com penetration in South Asia holds back growth, says World Bank
Restrictions on trade responsible for firms not opting for e-commerce, says report
 "Low e-com penetration in South Asia holds back growth, says World Bank")
Pakistan, World Bank ink Khyber Pass economic agreement worth $406 mn
The project is aimed at constructing a 48km four-lane, dual carriageway, high-speed and access-controlled motorway from Peshawar to Torkham border point with Afghanistan
 "Pakistan, World Bank ink Khyber Pass economic agreement worth $406 mn")
World Bank signs deal with Pakistan to finance economic corridor project
The project is aimed at constructing a 48km four-lane, dual carriageway, high-speed and access-controlled motorway from Peshawar to Torkham border point with Afghanistan
Govt must consider creating, leveraging Brand North East: World Bank report
The report called for reorienting northeast region's supply base to serve the changing global demand
World Bank suggests creating 'brand northeast' to leverage its potential
The branding campaign should also stress on the intrinsic strengths of the region, pointed out the World Bank study
World Bank cuts lending to China after Trump objects to long-term loans
"Why is the World Bank loaning money to China? Can this be possible? China has plenty of money, and if they don't, they create it. STOP!" Trump wrote on Twitter Friday
 "World Bank cuts lending to China after Trump objects to long-term loans")
Trump calls for World Bank to stop loaning to China, day after lending deal
The World Bank on Thursday adopted a plan to aid China with $1 billion to $1.5 billion in low-interest loans annually through June 2025.
 "Trump calls for World Bank to stop loaning to China, day after lending deal")
World Bank plans $1 billion-plus annual lending to China; US objects
The World Bank said its lending would decline over the 'country partnership framework' plan, in line with reforms agreed under a $13 billion capital increase agreed in 2018
Why isn't manufacturing coming to India? Deficient reforms, says World Bank
Rigid land and labor laws and protectionist trade policies are hindering investment in India even though the government has made strides in improving the ease of doing business, according to the World
 "Why isn't manufacturing coming to India? Deficient reforms, says World Bank")
IFC to invest $200 mn in Mahindra Finance to fund MSMEs in poor states
At least $100 million will be earmarked for women-owned micro, small and medium enterprises
 "IFC to invest $200 mn in Mahindra Finance to fund MSMEs in poor states")
Andhra govt hopes to get $60 mn loan from World Bank for watershed project
The REWARD project would be implemented in Karnataka and Odisha apart from AP, with the World Bank lending a sum of $178 million for the three states
Economic insecurity of youth to shape India's politics, says report
The issue of unemployment and underemployment has been an unavoidable topic in India's politics and slower economic growth has translated to poor employment numbers
 "Economic insecurity of youth to shape India's politics, says report")
