Punjab Chief Minister Bhagwant Singh Mann on Friday solicited fulsome support and cooperation from the World Bank to further combat the major problems being confronted by the state.
In a significant development, Haryana will soon be home to a global Artificial Intelligence (AI) centre with the assistance of the World Bank (WB).
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.
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.
According to the new Prime Minister Najib Mikati, his cabinet is formed of specialists who are keen to stop the country's current collapse by dealing with urgent issues, including the negative repercussions of lifting subsidies.
The World Bank intends to finance the state government towards the cost of the "Women's Empowerment and Inclusive Social Protection Programme" and apply part of the proceeds for consulting services.
News reports claim that billions of dollars in overseas finance for Afghanistan's government, such as assets held by the US Federal Reserve and credit from the International Monetary Fund, have been frozen.
