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World Bank
The World Bank is an international financial institution that provides loans to developing countries for capital programs. It comprises two institutions: the International Bank for Reconstruction and Development (IBRD), and the International Development Association (IDA). The World Bank is a component of the World Bank Group, which is part of the United Nations system.
The World Bank's official goal is the reduction of poverty. However, according to its Articles of Agreement, all its decisions must be guided by a commitment to the promotion of foreign investment and international trade and to the facilitation of Capital investment.
World Bank Group
The World Bank is not to be confused with the World Bank Group, an extended family of five international organizations:
This page contains text from Wikipedia, the Free Encyclopedia - https://wn.com/World_Bank
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Joint OECD and World Bank report urges governments to improve resilience to disasters and related fiscal risks
Public Technologies 20 May 2019
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Send your CVs to San Francisco as Zurich toppled in city survey
Gulf News 20 May 2019
The US west coast city has soared up the rankings to dislodge Zurich for the highest salaries and disposable income after rent, according to Deutsche Bank’s ‘Mapping the World’s Prices 2019.’ ... For the survey, Deutsche Bank converts prices for products and services around the world into dollars, and mostly uses crowd sourcing for input data....
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The Record
20 May 2019
Bank of America Merchant Services To Provide Payment Processing for Sezzle a “Buy Now, Pay ...
The Record
20 May 2019
Bank of America Merchant Services, a leader in payments, eCommerce and security solutions, announces that it has been chosen by Sezzle to be their digital card processor for the rapidly growing fintech company and its clients ... ¹ Per the Nilson report, March 2019, Issue #1149 and Bank of America Merchant Services data, March 2019....
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Indian Elections 2019: Result on May 23
Sri Lanka News 20 May 2019
India’s 2019’s general election, the world’s largest election, in which 900 million individuals are eligible to vote, has just begun ... It has under-delivered even on many of these issues ... Just $5 a month ... According to a World Bank report in 2018, India shot up 23 spots from 2017 to rank 77 out of 190 countries in terms of ease of doing business ... ....
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Reforms plan sets tax to GDP ratio target at 17pc
Dawn 19 May 2019
The World Bank has committed to providing $400 million assistance to Pakistan for implementation of the reforms over the next five years ... For finalising a reforms plan with the collaboration of the World Bank, a dedicated Working Group was set up for identification of major risk areas and devising a five-year transformation programme....
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Latin America: Dubai's final frontier
Arabian Business 19 May 2019
In its report, the Inter-American Development Bank (IDB) outlined a number of steps governments in the GCC and Latin America can take to boost trade ties between the regions, ranging from the establishment of new trade, investment and double taxation agreements to an increased ......
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The ‘other side’ of India
The News International 18 May 2019
Kaushik Basu, professor of economics at Cornell University and former chief economist of the World Bank, has reportedly tweeted, “India had a global reputation for the quality of its statistics....
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'India should aspire for double digit growth': EAC member Shamika Ravi
Deccan Chronicle 18 May 2019
... -- a term used by the World Bank to refer to nations that get stuck at a middle level of economic development as they attempt to grow rich ... The concept of the middle income trap was first put forward by the World Bank in a 2006 report on the development of East Asian economies....
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The Hindu
17 May 2019
Climate-resilient roads for State
The Hindu
17 May 2019
The 5,000-odd km of roads damaged in the deluge last August to be developed under Rebuild Kerala with World Bank and German development bank KfW aid will be climate resilient ... The World Bank will give technical support and aid from the $150 million promised to the State and the KfW aid will be used....
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Exclusive interview with Nouvobanq chairperson Abdul Gafoor Yakub on banking in Africa and the future ...
Nation 17 May 2019
Nouvobanq has already partnered with VISA and with UnionPay of China, one of the world’s largest providers of bank card services ... And the bank model has also changed all over the world ... It is often reported that the KYC procedures being undertaken by most commercial banks worldwide can help avoid or reduce the incidence of fraud....
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Why Is Financial Inclusion Low Despite 356 MN Jan Dhan Accounts?
Yahoo Daily News 17 May 2019
Despite the availability of mobile-banking services and the narrowing of gender, wealth and education gaps in account ownership, few account holders are using facilities available to them, raising doubts around improvements for financial inclusion, according to the report released by the World Bank in April 2018....
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