Topic: World Bank Group
World Bank’s Business Ready Project
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...
IFC’s Global Food Security Platform
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 Migration and Development Brief- Update
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...
Indian Government signs agreement for Two Projects in Tamil Nadu with World Bank Group
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...
World Bank Group Approves USD 500 Million under STARS Program
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...International Development Association
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...
Challa Sreenivasulu Setty appointed as MD of SBI
Challa Sreenivasulu Setty, who is currently serving as the Deputy managing director of the country’s largest lender, has been appointed as the managing director of the State bank...
International arbitration court imposes $5 billion penalty Pakistan
International Arbitration Court has imposed over $5 billion penalty on Pakistan for unlawful denial of a mining lease to a company called Tethyan Copper Company for Reko Diq...Anshula Kant appointed as MD & CFO of World Bank (WB)
Anshula Kant, Managing Director of State Bank of India (SBI), has been appointed as MD and Chief Financial Officer (CFO) of the World Bank (WB). She will be...David Malpass elected as new President of World Bank
David Malpass, a top US Treasury official in Trump administration, was unanimously selected as the new President of the World Bank for a period of five-years. The World...
