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 report titled "Climate Investment Opportunities in India's Cooling Sector" further estimated that by 2050, 45 per cent of the country's peak electricity demand in 2050 is expected to come from space cooling alone.
In recent years, as Pakistan has hurtled from one catastrophe to another, remittances sent by Pakistani workers living abroad have been a source of some small amount of stability.
A war of words has followed the release of the Global Hunger Index (GHI), 2022 which ranked India at number 107 out of 121 countries.
"That's a world recessions could happen under certain circumstances," Malpass said.
This praise for India's cash transfer scheme comes as the country continues to maintain its position as the fastest-growing major economy in the world.