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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:
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https://wn.com/World_Bank
Latest News for: World bank report
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China vows easier market access for foreign investors, on course for greater opening-up
People Daily 25 Mar 2019
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Rising cost of domestic borrowing
Dawn 25 Mar 2019
“Pakistan’s macroeconomic challenges are not cyclical insofar as they are not caused by the business cycle, or a domestic or an external shock,” notes a recently released World Bank report ... respectively, from 6.76pc and 6.85pc, according to data reported by the central bank....
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‘Poverty, unemployment real issues’
The News International 25 Mar 2019
Prosperity increases with increasing GDP but according to the World Bank's recent report, Pakistan's total GDP is only $ 275 billion and its population is 220 million whereas USA’s GDP is $ 9000 billion against a population of only 320 million....
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Gender wage gap
Dawn 25 Mar 2019
IT is a matter of grave concern that Pakistan has the highest gender wage gap in the world. A recent World Bank initiative, Pakistan@100, has produced a report which primarily focuses on what the country will look like when it turns 100, and how it can increase growth through reforms that will drive economic and social prosperity for its citizens....
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Mumbai Confidential: Chai Pe Charcha
Indian Express 25 Mar 2019
If sources are to be believed, the World Bank has invited Slum Rehabilitation Authority’s Chief Executive Officer Deepak Kapoor, who belongs to the 1991 batch of IAS officers, for a presentation on e-governance initiatives undertaken by the Authority at the 20th Annual World Bank ......
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Comm Min introduces online facility to obtain export licence for restricted items
The Times of India 25 Mar 2019
"It has been decided that applications by exporters will be filed online on E-COM module for export authorisations ... The notice came into effect from March 19 this year ... In the latest ease of doing business report of the World Bank, India improved its ranking to 77th rank in 2018 out of 190 nations from 100th earlier ... RR BAL BAL. ....
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Eager investors: waiting on the sidelines
Dawn 25 Mar 2019
“Maybe, somehow, the spurt in activity has not been reported as a lot of business is cash-based, conducted though contracts in small and medium enterprises, in dark alleys and in residential areas,” he laboured to justify his assessment ... The World Bank in it its widely covered report ‘Pakistan @100 growth and investment’ advised....
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Chinese own nearly 7.6 billion bank cards
Xinhua 24 Mar 2019
... On average, Chinese people had more than five bank cards at the end of last year as more people in the world's second-largest economy turn to non-cash transactions, according to a report from the central bank....
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Closer trade ties to reduce strife
The Telegraph India 24 Mar 2019
Posh Raj Pandey, chairman of South Asia Watch on Trade Economics & Environment, pointed towards a World Bank report of 2018 to highlight the high trade cost in the region ... A presentation by World Bank country director of Pakistan, Patchamuthu Illangovan, however, held out some hope....
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‘Population burgeoning out of control as media ignored’
The News International 24 Mar 2019
Zahid Abbasi, secretary, population, Government of Sindh, quoted the World Bank’s most recent report on Pakistan projecting the position of the country in the year 2047 and said that the maximum emphasis was on population control to ensure a viable future....
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More collaboration needed between Dubai schools, report says
The National 24 Mar 2019
Private schools across Dubai are missing opportunities to collaborate with each other and help raise standards, a new report has found ... “Dubai is a remarkable city,” said Simon Thacker, a World Bank education specialist and author of the report ... The new report, entitled ‘Collaboration Road....
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Xinhua Headlines: "Super hat village" in Bangladesh showcases deepening ties with China
Xinhua 24 Mar 2019
... Headwear Holding Limited, one of the world's largest headwear producer ... 1 and the Trans-Asian railway network, the bridge is expected to promote Bangladesh's trade and overall economy, which, according to a World Bank report, has the potential to end extreme poverty by 2030....
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