World Bank

Manila:  The World Bank on Thursday approved a $178.1-million loan to support the Philippines' efforts in addressing malnutrition. The Washington-based bank said it will support the delivery of nutrition and health care services at the…

London:  Countries around the world are facing recession as the Ukraine war hits economies already rocked by the Covid pandemic, the World Bank has warned, media reported. Less developed countries in Europe and east Asia face a "major…

United Nations: Against the backdrop of a global economic deceleration from the fallout of the Russian invasion of Ukraine, the World Bank has cut India's growth prospects to 7.5 per cent for the current fiscal year -- but the nation will…

Kabul: The World Bank and Afghanistan Reconstruction Trust Fund (ARTF) Management Committee have recently approved three projects totalling $793 million that will provide urgent and essential food, livelihood, and health services to the…

Colombo: The World Bank will disburse nearly $700 million to Sri Lanka within the next few months, Sri Lanka's Foreign Minister announced. This pledge was made when the World Bank's Country Manager in Colombo, Chiyo Kanda spoke to Sri…

London:  The war in Ukraine will result in expensive food and energy for the next three years, the World Bank has warned, intensifying fears that the global economy is heading for a rerun of the weak growth and high inflation of the 1970s,…

Washington:  The Russia-Ukraine conflict has dealt "a major shock" to commodity markets, altering global patterns of trade, production and consumption, the World Bank (WB) said in a report released on Tuesday. The increase in energy…

Lucknow: Uttar Pradesh will now adopt the airshed approach to ensure pollution- free air over a larger area of the state. The state has set a target of reducing PM 2.5 level in the air to 45 micrograms per cubic metre in five years. The…

Islamabad:  The World Bank has said that 34 per cent of Pakistan's population was living on just $3.2 or Pak Rs 588 a day income, Express Tribune reported. The Pakistan Development Update -- the biannual report issued by the…

Washington:  Financial stability risks have risen along many dimensions, although no global systemic event affecting financial institutions or markets has materialized so far, the International Monetary Fund (IMF) has said. "Global…