Nirmala Sitharaman meets World Bank President, discusses key issues
Both sides discussed issues related to private capital participation in Global Public Goods, Energy security, and Multilateral Development Banks (MDBs) reforms.
Both sides discussed issues related to private capital participation in Global Public Goods, Energy security, and Multilateral Development Banks (MDBs) reforms.
The bank is expecting Nepal's private sector to contribute more to its growth by taking advantage of the central bank's loosening of monetary policies and easing of regulatory requirements
According to the World Bank, the Indian economy continues to grow at a healthy pace and the country's medium-term outlook remains positive.
This revision comes amid expectations of stronger economic performance, driven by key factors such as private consumption and investment.
With the blueprint finalized and World Bank support secured, the project is poised for implementation, officials here on Sunday said.
“Until an adequate macroeconomic policy framework is in place, the World Bank does not plan to offer new financing to Sri Lanka,” the global lender said in a statement.
The bank promptly identified King as the source of the information, put him on administrative leave for two years, before firing him on Christmas Eve in 2010.
Surging world food prices, which reached their highest levels on record this year, are contributing to the rapid rise in LIC inflation.
The energy and food crises have affected many countries across the world, especially developing countries, which depend heavily on food and energy imports.
Globally, food prices, already on the rise since the second half of 2020, have reached a record high this year, leading to food security problems worldwide.
