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 has said that various economic shocks have resulted in nearly four million Pakistanis getting pushed into poverty this fiscal year.
“The Indian economy continues to show strong resilience to external shocks," said Auguste Tano Kouame, World Bank's Country Director in India.
In February the Himalayan state of Himachal Pradesh, which is facing the brunt of climate change impacting lives, environment and the economy, and the World Bank discussed a greener and more sustainable growth path to achieve the target of a 'Green Energy State' by 2026.
World Bank officials met Chief Minister Pinarayi Vijayan, and subsequently decided to collaborate on the waste management issues.
The Government of India and the World Bank signed two complementary loans of USD 500 million each to support and enhance India's health sector development.
