[ad_1] NAIROBI: The impacts of climate change could shave up to seven percent off Kenya’s economic output by 2050 compared to baseline forecasts, unless it adapts, the World Bank warned…
[ad_1] ISLAMABAD: Cash-strapped Pakistan has sought USD 600 million in fresh loans from two Chinese banks to bridge a big financing gap as it negotiates with the IMF for the…
[ad_1] New Delhi: Rich nations remain non-commital in being the main contributors to the climate loss and damage fund. (REUTERS) Despite developing nations making a compromise offer to locate the…
[ad_1] NEW DELHI : There is far greater political will now than ever before to carry out the reforms required in the vision, operating models and financing capacities of Multilateral…
[ad_1] World Bank President Ajay Banga on Wednesday said that interest rates will likely stay higher for longer and complicate investments for companies across the world, according to a report…
[ad_1] WASHINGTON: The global economy has shown “remarkable resilience” but still bears deep scars from the coronavirus pandemic, the war in Ukraine and rising interest rates, the head of the…
[ad_1] India’s the fastest-growing emerging market, but private investment and consumption are losing steam. What will drive India’s growth? First, let’s acknowledge that (India’s) growth has been quite good in…
[ad_1] Kouame said investments worth about $7 billion could come to India even before Indian securities are included in the JPMorgan emerging markets bond index in 2024. After the inclusion,…
[ad_1] NEW DELHI/ WASHINGTON: The World Bank on Tuesday retained India’s growth forecast at 6.3 per cent for current financial year on the back of robust services activities despite global…
[ad_1] The World Bank lowered its economic growth forecast for South Asia for next year, although still expects it to be the fastest-growing emerging market region. The World Bank lowered…
