Projects related to public services should be developed through a corporate-like structure with adequate user charge base so that the entities can sustainably deliver such services, World Bank India...

India’s economy hit by the COVID-19 pandemic is forecast to shrink by 9.6% during the current financial year but can recover by 5.4% next financial year if there is wide vaccination against the...

The World Bank on Wednesday approved four India projects worth over USD 800 million to support development initiatives. The projects that have been approved are: Chhattisgarh Inclusive Rural and...

The Washington-based lender approved $200 million for the Sindh Resilience project and $100 million for the Solid Waste Emergency and Efficiency project.

The pandemic is amplifying the global learning crisis that already existed, according to two new World Bank reports.

The Department of Investment and Public Asset Management (DIPAM) on Monday signed an agreement with the World Bank to get advisory services for its asset monetisation plan.

But for the developing countries, especially the poorest developing countries -- the downward leg in the K -- people are facing an increasingly desperate recession, because of the loss of jobs, the...

The COVID-19 pandemic is estimated to push an additional 88 million to 115 million people into extreme poverty this year, with the total rising to as many as 150 million by 2021, depending on the...

The World Bank has announced to halt the publication of the ‘Doing Business’ report as irregularities have been reported in the changes to the data published in October 2017 and 2019

In 1969, richer countries agreed to commit 0.7% of their gross national income to global development aid. A new era calls for a fresh approach to poverty eradication, involving a scaled financial...