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.
The World Bank is calling for further grant contributions to the MDTF. In addition, Japan is linking USD 100 million in parallel financing to the support package.
The World Bank communique states that West Bengal runs more than 400 programmes which provide social assistance, protection, care services and jobs through an umbrella platform 'Joy Bangla', the state's unified delivery system with focus on vulnerable group such as women, elderly, tribal and scheduled caste, people with disabilities and those in the disaster-prone coastal regions.
Sri Lanka has recorded an overall of 508,672 confirmed Covid-19 cases and 12,376 deaths.
A state government official said the negotiation committee under the chairmanship of principal secretary, urban development Rajneesh on behalf of the state government negotiated the project for seeking financial assistance of Rs 1168 crore from the World Bank with the Department of Economic Affairs (DEA).
The World Bank has dropped a popular report that ranked countries by how welcoming they are to businesses, after being accused of using a sloppy methodology and of succumbing to political pressure.