The World Bank has ruled out bridge financing or new loan commitments to crisis-hit Sri Lanka until the island nation's economy sets up an adequate macroeconomic policy framework, the global lende...

Even though the fundamentals of the Indian economy are strong, the rise in divisiveness and polarisation is damaging the foundations of the nation’s growth, former World Bank chief economist Kau...

Sri Lanka has received USD 160 Million from the World Bank and is looking at the possibility of using some of it to buy fuel, Prime Minister Ranil Wickremesinghe told Parliament on Wednesday, as prote...

Finally, if a young Chand/Chandralekha is reading this in Kolkata and aspiring to a diverse and dynamic career path like yours, what would you tell her? Whenever you change something and take a major...

Seamless connectivity and greater integration could result in an additional trade among South Asian nations by an estimated $44 billion, according to the World Bank. The intra-regional trade is only ...

More Sri Lankans will slip into poverty this year, the World Bank has warned, as it urged the debt-ridden island nation to undertake urgent policy measures to address the high levels of debt, trim fis...

Finance Minister Nirmala Sitharaman has underlined the need to rescue countries facing debt stress due to the uncertainty caused by the pandemic and the recent geo-political developments. During a me...

Ukrainian officials on Thursday met with leaders abroad to call for additional financial support as their country reels from devastating attacks from Russian forces and a disrupted economy. As Ukrain...

The World Bank is ready to provide emergency support to Sri Lanka and protect the vulnerable people amidst the unprecedented economic crisis in the country, a media report on Wednesday quoted a senior...

The World Bank has slashed Pakistan's economic growth rate forecast for the current fiscal year to 4.3 per cent, down by almost one per cent against last year, and said the last ditch energy subsi...