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 Minister said that the logistics sector will be a cornerstone in our endeavour to take India to a 10 fold growth from a USD 3.5 trillion to USD 35 trillion by 2047.
October is the month for the Annual Meetings of the World Bank/IMF, held this year in Marrakesh in Morocco. It is also the time when key reports on global economic and financial health are published.
"But the good news basically ends there,” Indermit Gill, World Bank chief economist, said on Wednesday.
According to the World Bank, India is expected to grow at 6.4% in FY25 and 6.5 in FY26.
The World Bank has issued a stern warning that Pakistan’s present economic model can no longer be successful in alleviating…
