World Bank Group

World Bank’s Business Ready Project

May 2, 2023

The World Bank Group has recently launched a new project called Business Ready, which aims to assess the business and investment climate in economies worldwide. This new initiative replaces the Doing Business project, which had been the World Bank Group’s ..

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IFC’s Global Food Security Platform

October 8, 2022

International Finance Corp. (IFC) has launched Global Food Security Platform to strengthen the private sector’s ability to respond to food crisis and boost food production. Key facts The World Bank’s private sector arm, IFC, launched the Global Food Security Platform ..

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World Bank’s Migration and Development Brief- Update

May 19, 2022

The World Bank released its latest Migration and Development Brief. What are the highlights of the report? The Russia- Ukraine war will slow the growth of remittance flows to low- and middle-income countries (LMICs) to 4.2% in 2022 from 8.6% ..

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Indian Government signs agreement for Two Projects in Tamil Nadu with World Bank Group

June 29, 2020

On 29th June 2020, an agreement was signed between the World Bank Group and the Government of India for providing urban poor in the state of Tamil Nadu access to affordable housing. The agreement signed has two projects under it- ..

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World Bank Group Approves USD 500 Million under STARS Program

June 29, 2020

On 28th June 2020, the World Bank Group has announced that a loan of USD 500 million (approx Rs 3700 crore) was approved by its Board of Executives on 24th June 2020 for improving the quality and governance of school ..

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International Development Association

April 20, 2020

The World Bank and IMF launched several financial initiatives to help out the IDA countries in times of the COVID-19 crisis. About IDA The IDA or International Development Association is an international financial institution that is a part of the ..