Global Recession Current Affairs, GK & News

World Bank: Biennial Poverty and Shared Prosperity report

On October 7, 2020, the World bank released the biennial poverty and shared prosperity report. According to the report, around 150 million people are likely to enter extreme poverty due to covid-19 pandemic in different countries. To counter this, countries should prepare for a different economy by allowing labour capital skills and innovation to move ..

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FSDC Reviews Macroeconomic Credentials

The Financial Stability and Development Council (FSDC) headed the Minister of Finance reviewed the current economic situation with all sectoral regulators and held discussions on the forthcoming budget. Financial Stability and Development Council Financial Stability and Development Council (FSDC) is the apex body which deals with macroprudential and financial regularities in the entire financial sector ..

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