ADB unveils fund to speed ASEAN power grid plans
MANILA: The Asian Development Bank has launched a new multi-partner trust fund with about $25 million in initial backing...
Tag : World Bank
Global Digital Summit 2025 tackles digital divide and growth
The World Bank Group’s Global Digital Summit highlights efforts to enhance digital public infrastructure and close the digital...
Potential US pullback from IMF could impact credit ratings
US Treasury Secretary Scott Bessent’s absence at G20 fuels fears of an American retreat from the IMF and...
World Bank sees India as a key driver of global economic growth
The World Bank reaffirms confidence in India’s economic growth, citing strong resilience, investment appeal, and progressive policies that...
UAE GDP to grow by 4.1% in 2025, says World Bank report
The UAE is projected to see GDP growth of 3.3% in 2024 and 4.1% in 2025, driven by...
WHO warns of increasing pandemic threat due to emerging risks
The WHO has warned of rising pandemic threats in a report highlighting recent disease outbreaks, including Marburg virus,...
World Bank predicts 4.8 percent expansion in UAE’s non-oil sector in 2023
The World Bank has released its projection stating that the United Arab Emirates (UAE) is expected to experience...
Global education targets hindered by $97 billion funding gap, UNESCO reports
A recent UNESCO report has revealed that a $97 billion funding shortfall is standing in the way of...
US nominates former Mastercard CEO, Ajay Banga, to lead World Bank
US President Joe Biden nominated former Mastercard CEO Ajay Banga to lead the World Bank, crediting his experience...
World Bank to give Turkey $1.78 billion in earthquake aid funds
Turkey will receive $1.78 billion in relief and recovery financing from the World Bank. This is as it...