WORLD BANK - Asian News from UK

UAE’s non-oil economy to grow by 4.8%: World Bank

The economies of the Gulf Cooperation Council (GCC) are projected to grow to grow by 2.5 percent in 2023 and 3.2 percent in 2024….reports Asian Lite News The World Bank has projected

May 18, 2023

-Top News·Arab News·UAE News

Banga appointed as President of World Bank

Joe Biden, Kamala Harris congratulate Banga on his resounding approval by the World Bank’s Board of Governors…reports Asian Lite News India-born Ajay Banga has been elected as the World Bank’s next president.

May 4, 2023

-Top News·USA·World News

Modi: Fight against climate change starts at home

Prime Minister Narendra Modi was delivering the keynote address, virtually at a LiFE initiative titled ‘How Behavioral Change can Tackle Climate Change’ at the World Bank, reports Reena Bhardwaj Bringing India’s viewpoints

April 15, 2023

-Top News·India News·World

World Bank: Sri Lanka’s economy to contract by 4.3%

Sri Lanka’s heightened fiscal, external, and financial imbalances and its fluid political situation pose significant uncertainty for the country’s economic outlook…reports Asian Lite News Amid the ongoing economic crisis, the Sri Lankan

April 7, 2023

-Top News·Asia News

World Bank lowers Pakistan’s growth forecast

World Bank’s Country Director Najy Behhassine said that Pakistan would have no choice but to seek the IMF programme as it would help restore confidence…reports Asian Lite News Projecting a massive decline

April 6, 2023

-Top News·Asia News·Economy

World Bank lauds UAE’s leading position in gender balance

Hamel stressed that the UAE has maintained its advanced position in the latest World Bank report, which monitors the efforts of governments to issue laws aimed at achieving women’s economic empowerment….reports Asian

March 14, 2023

-Top News·UAE News·Woman

World Bank provides USD 1 billion loan for India’s health sector

The combined financing of USD 1 billion will support India’s flagship Pradhan Mantri-Ayushman Bharat Health Infrastructure Mission (PM-ABHIM)…reports Asian Lite News The Government of India and the World Bank signed two complementary

March 5, 2023

-Top News·Health·India News

World Bank assures support to Lanka’s development plan

World Bank also assured Lanka to provide further guidance and necessary support regarding the use of international media and welfare benefits…reports Asian Lite News The World Bank assured its support to development

March 1, 2023

-Top News·Asia News·Sri Lanka

World Bank chief quits

David Malpass’ departure comes at a time when many countries around the world are facing severe financial problems…reports ARUL LOUIS David Malpass has announced that he is quitting as the president of

February 16, 2023

-Top News·Economy·World News

WB hopes renewed commitment to climate action at COP28

Belhaj said that the COP28 will provide a new impetus for the global system to implement commitments to mitigate climate change issues….reports Asian Lite News Ferid Belhaj, World Bank Vice President for

February 16, 2023

-Top News·Environment·UAE News

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