low income countries Current Affairs, GK & News
World Bank: Recent data on Global Remittance
The World Bank recently released its “Migration and Development Brief”. The report said that the remittance flows to the low-income and middle-income countries were 1.9% lower in 2020 as compared to that of 2019. It was 540 billion USD in 2020 and 548 billion USD in 2019. Key Findings The reduction in remittance inflows were ..
Month: Current Affairs - May, 2021
Category: Reports & Indexes Current Affairs
Topics: 2008 financial crisis • global financial crisis • India and Neighbourhood • low income countries • middle income countries • remittances • World Bank
Facebook Inclusive Internet Index
The Economist Intelligence Unit along with Facebook recently released the Inclusive Internet Index. According to the index, India is at the 49th spot when it comes to internet inclusion and gender equality in accessing the internet. The Facebook Inclusive Internet Index looked at 120 countries. These countries represented 96% of global population and 98% of ..
Month: Current Affairs - April, 2021
Category: Reports & Indexes Current Affairs • States Current Affairs
Topics: Economist Intelligence Unit (EIU) • Inclusive Internet Index • Internet • Internet access • Internet connectivity • low income countries • middle income countries
Historic Debt Pact of G20 to help poor countries hit by COVID-19
The G20 countries for the first time agreed on a common framework to restructure government debts. This is because COVID-19 crisis has left the poorer countries at risk of failing to repay the loans. Earlier the G20 countries agreed on G20 Debt Service Suspension Initiative. Now, it is being signed as a pact with an ..
Month: Current Affairs - November, 2020
Category: International Current Affairs
Topics: Africa • Belt and Road Initiative • China • G20 • G20 debt pact • G20 Debt Suspension Service Initiaitive • Loan Restructuring • low income countries
United Nations Still Birth Report
The United Nations recently launched a report on stillbirths titled “A Neglected Tragedy: The Global Burden of Stillbirths”. The report was created by UNICEF, World Health Organisation, World Bank and the United Nations department of economic and social affairs. The report says that a stillborn baby is delivered every 16 seconds. 84 percentage of these ..
Month: Current Affairs - October, 2020
Category: Reports & Indexes Current Affairs
Topics: COVID-19 • lock down • low income countries • middle income countries • Pregnancy • Stillbirth • UNICEF • United Nations • WHO
G-20 Debt Service Suspension Initiative: Key Facts
On October 1, 2020, the officials of the International Monetary Fund (IMF) called for the extension of G20 Debt Service Suspension initiative till the end of 2021. What is Debt Service Suspension Initiative? The DSSI means that for a limited period of time, the debt service payment from poorest countries are suspended upon the request ..
Month: Current Affairs - October, 2020
Category: Economy & Banking Current Affairs • International Current Affairs
Topics: Debt Service Suspension Initiative • G-20 • India-Myanmar • International Monetary Fund (IMF) • liquidity • Liquidity crisis • low income countries • middle income countries • World Bank