World Bank Development Fund
- All
- News
- Videos
-
Joe Biden To Push IMF, World Bank Reforms At G20 Meet In India Next Month
US President Joe Biden will urge reforms to the International Monetary Fund (IMF) and the World Bank that will better serve developing country needs at the G20 summit in Delhi next month, the White House said Tuesday.
-
Musk Told Banks He Will Rein In Twitter Pay, Monetise Tweets: Report
Elon Musk told banks that agreed to help fund his $44 billion acquisition of Twitter Inc that he could crack down on executive and board pay at the social media company in a push to slash costs, and would develop new ways to monetize tweets.
-
World Bank, IMF Call For Suspension Of Debt Payment By Developing Nations
The International Monetary Fund and World Bank on Wednesday called for governments to put a hold on debt payments from the world's poorest nations so they can battle the coronavirus pandemic.
-
Amid Economy Woes, Pakistan Bank Receives $1 Billion From UAE
The State Bank of Pakistan (SBP) received $1 billion from the United Arab Emirates (UAE) following an agreement with the Abu Dhabi Fund for Development (ADFD), to help bridge Islamabad's current account deficit.
-
Kerala To Raise Rs 15,900 Crore From Foreign Banks For Rebuilding
The Kerala government on Thursday decided to raise Rs 15,900 crore as loan from the World Bank, Asian Development Bank, and other funding agencies to rebuild the prime sectors of the state devastated by the recent deluge.
-
US Offers Military Funding To Sri Lanka, As China Vies For Influence
The United States announced Monday it would grant Sri Lanka $39 million to boost maritime security as China develops its strategic hold on the Indian Ocean island.
-
World Bank Announces $57 Billion Financial Aid For Sub-Saharan Africa
The World Bank on Sunday announced $57 billion in financing for sub-Saharan Africa over the next three fiscal years. Of that total, $45 billion will come from the International Development Association, the World Bank fund that provides grants and interest-free loans for the world's poorest countries.
-
International Monetary Fund Agrees $5.5 Billion Bailout Package For Mongolia
Mongolia has reached an agreement with the International Monetary Fund on a $5.5 billion bailout package, officials announced, as the debt-wracked country tries to stabilise its economy.
-
Pakistan's Dam On River Indus Refused Funding For Second Time In 2 Years
The Asian Development Bank has refused to fund the $14 billion dam project that Pakistan has planned on the Indus river in Pakitan-occupied Kashmir (PoK).
-
Beef Up Resources to 'Future-Proof' Global Economy: Arun Jaitley to IMF
As global headwinds continue to hit India and other markets, Finance Minister Arun Jaitley has asked advanced economies to be "mindful" of the spillover effect of their policies on the rest of the world.
-
India Asks World Bank To Increase Development Fund To $100 Billion
India has asked the World Bank to increase its developmental fund to USD 100 billion a year from the existing USD 50-60 billion and called for enhancing the share and voice of developing nations in the management of institutions providing assistance under it.
-
Loan Demand Rising As Developing Countries Face Headwinds: World Bank
The World Bank said on Monday it expects its nonmarket rate lending to top $43 billion in the current fiscal year as developing countries face economic headwinds, bringing its total for the past four years to more than $150 billion.
-
World Bank To Boost Funding For Climate Change Projects
The World Bank on Thursday said it would increase funding for renewable energy and other projects aimed at reducing the effects of climate change in developing countries.
-
More Than $1 Billion Was Transferred Into Malaysia PM's Accounts: Report
Deposits into Malaysian Prime Minister Najib Razak's bank accounts ran to hundreds of millions of dollars more than previously identified by probes into state fund 1Malaysia Development Berhad (1MDB), the Wall Street Journal reported on Monday.
-
Maternal Mortality Cut By Almost Half in 25 Years: United Nations
Deaths of women from pregnancy-related causes have fallen by almost half across the world in the past quarter century, but only nine countries have achieved the targets set by the UN, a report by UN agencies and the World Bank said today.
-
Joe Biden To Push IMF, World Bank Reforms At G20 Meet In India Next Month
US President Joe Biden will urge reforms to the International Monetary Fund (IMF) and the World Bank that will better serve developing country needs at the G20 summit in Delhi next month, the White House said Tuesday.
-
Musk Told Banks He Will Rein In Twitter Pay, Monetise Tweets: Report
Elon Musk told banks that agreed to help fund his $44 billion acquisition of Twitter Inc that he could crack down on executive and board pay at the social media company in a push to slash costs, and would develop new ways to monetize tweets.
-
World Bank, IMF Call For Suspension Of Debt Payment By Developing Nations
The International Monetary Fund and World Bank on Wednesday called for governments to put a hold on debt payments from the world's poorest nations so they can battle the coronavirus pandemic.
-
Amid Economy Woes, Pakistan Bank Receives $1 Billion From UAE
The State Bank of Pakistan (SBP) received $1 billion from the United Arab Emirates (UAE) following an agreement with the Abu Dhabi Fund for Development (ADFD), to help bridge Islamabad's current account deficit.
-
Kerala To Raise Rs 15,900 Crore From Foreign Banks For Rebuilding
The Kerala government on Thursday decided to raise Rs 15,900 crore as loan from the World Bank, Asian Development Bank, and other funding agencies to rebuild the prime sectors of the state devastated by the recent deluge.
-
US Offers Military Funding To Sri Lanka, As China Vies For Influence
The United States announced Monday it would grant Sri Lanka $39 million to boost maritime security as China develops its strategic hold on the Indian Ocean island.
-
World Bank Announces $57 Billion Financial Aid For Sub-Saharan Africa
The World Bank on Sunday announced $57 billion in financing for sub-Saharan Africa over the next three fiscal years. Of that total, $45 billion will come from the International Development Association, the World Bank fund that provides grants and interest-free loans for the world's poorest countries.
-
International Monetary Fund Agrees $5.5 Billion Bailout Package For Mongolia
Mongolia has reached an agreement with the International Monetary Fund on a $5.5 billion bailout package, officials announced, as the debt-wracked country tries to stabilise its economy.
-
Pakistan's Dam On River Indus Refused Funding For Second Time In 2 Years
The Asian Development Bank has refused to fund the $14 billion dam project that Pakistan has planned on the Indus river in Pakitan-occupied Kashmir (PoK).
-
Beef Up Resources to 'Future-Proof' Global Economy: Arun Jaitley to IMF
As global headwinds continue to hit India and other markets, Finance Minister Arun Jaitley has asked advanced economies to be "mindful" of the spillover effect of their policies on the rest of the world.
-
India Asks World Bank To Increase Development Fund To $100 Billion
India has asked the World Bank to increase its developmental fund to USD 100 billion a year from the existing USD 50-60 billion and called for enhancing the share and voice of developing nations in the management of institutions providing assistance under it.
-
Loan Demand Rising As Developing Countries Face Headwinds: World Bank
The World Bank said on Monday it expects its nonmarket rate lending to top $43 billion in the current fiscal year as developing countries face economic headwinds, bringing its total for the past four years to more than $150 billion.
-
World Bank To Boost Funding For Climate Change Projects
The World Bank on Thursday said it would increase funding for renewable energy and other projects aimed at reducing the effects of climate change in developing countries.
-
More Than $1 Billion Was Transferred Into Malaysia PM's Accounts: Report
Deposits into Malaysian Prime Minister Najib Razak's bank accounts ran to hundreds of millions of dollars more than previously identified by probes into state fund 1Malaysia Development Berhad (1MDB), the Wall Street Journal reported on Monday.
-
Maternal Mortality Cut By Almost Half in 25 Years: United Nations
Deaths of women from pregnancy-related causes have fallen by almost half across the world in the past quarter century, but only nine countries have achieved the targets set by the UN, a report by UN agencies and the World Bank said today.
