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.
The World Bank's Board of Executive Directors today approved a loan of USD 150 million to the Indian state of Punjab to help the state better manage its financial resources and improve access to public services. The loans have a maturity of 15 years including a grace period of 6 months
Global growth is slowing sharply, with further slowing likely as more countries fall into recession, says World Bank Group President David Malpass.
While India’s studied silence on Teesta has disappointed Dhaka, Mr Modi’s pledge to discuss the economic issue has been generally welcomed by the Bangladesh delegation.
To its credit, the Hasina Administration has spoken out unequivocally against such attacks and crackdowns have been launched albeit with mixed results.
Notably, apparel constitutes more than 80 per cent of Bangladesh's total export and it is mainly exported to developed countries.
