Global remittances are projected to decline by about 20 percent this year due to the COVID-19-induced economic crisis, the World Bank Group (WBG) said. ...
(IANS) Finance Minister Nirmala Sitharaman on Friday said that the Indian government's massive efforts to assist the health system respond effectively to Covid-19 outbreak has helped contain impact of the pandemic which given the size of country'ss p ...
The World Bank on Thursday (local time) approved USD 1 billion emergency financing to India which will support better screening of coronavirus patients, contact tracing, and laboratory diagnostics. The fund will also be used for procurement of person ...
The World Bank Group President David Malpass said hat the multilateral lender was finalizing a package that could provide as much as $160 billion in financial support for the worst-hit countries by the coronavirus pandemic. ...
World Bank Group President David Malpass on Monday said the COVID-19 pandemic will likely hit the poorest countries the hardest, urging stepped-up international support for these countries. ...
The coronavirus which started in Wuhan, China in December 2019, has so far affected people in about 190 countries globally, with over 14,000 fatalities, among other things, it has led to nationwide lockdown in several countries, a shortage of supply ...
The International Monetary Fund (IMF) expects that the coronavirus pandemic will cause a global recession in 2020 that will be as bad as 2008 financial crisis, IMF Managing Director Kristalina Georgieva said on Monday. ...
