International Bank of Reconstruction and Development (IBRD): Current Affairs, GK & News - 2020-2021

World Bank’s loan for Himanchal Pradesh State Roads Transformation Projects

Published: September 8, 2020

World Bank and the government of Himachal Pradesh signed $82 million loan for the implementation of Himachal Pradesh State Roads Transformation Project. Key facts The project will strengthen the transport and road safety institutions of Himachal Pradesh. It aims at improving the condition, safety, resilience, and engineering standards of state road network. The Himachal Pradesh ..

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World Bank approves 750 million USD to support Indian MSMEs

Published: July 1, 2020

On June 30, 2020, the world Bank approved 750 million USD of budget support to India. The funds are to be used to support 15 crore MSMEs in the country. Highlights The funds are to be used to strengthen small financing banks, non-banking financial companies. This will help unlock liquidity flow in the country. India ..

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