In a major setback for Pakistan's dwindling economy, two of its largest lenders - World Bank (WB) and Asian Development Bank (ADB) -- have deferred approval of another USD 1 billion worth of loans due to delay in meeting some set conditions. ...
The World Bank has approved USD 60 million to improve the quality of Nepal's higher education, scale up online learning, and expand access to academic institutions for underprivileged students. ...
The world's energy and climate future increasingly hinges on whether emerging and developing economies are able to successfully transition to cleaner energy systems, according to a new report by the International Energy Agency (IEA). ...
Economic growth in South Asian countries is expected to rebound to a stronger-than-expected 6.8 per cent in 2021 and India's GDP is predicted to grow at 8.3 per cent, according to the latest World Bank report on global economy recovery post Covid-19 ...
Despite challenges from the Covid-19 pandemic, the global economy is expected to remain strong and expand 5.6 per cent in 2021, the fastest post-recession pace in 80 years relying on strong rebounds from a few major economies, the World Bank said on ...
