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Discover how soaring debt service payments undermine sustainable development in low-income nations. Explore 11 actionable solutions proposed by the UN to address the crisis.

World Bank Warns of Middle-Income Trap Challenges for Over 100 Nations

More than 100 countries, including major economies like China, India, Brazil, and South Africa, face significant challenges in transitioning to high-income status....
Women are bearing the brunt of climate change, yet their representation at COP29 remains low. Gender-inclusive decision-making is key to effective climate action.

World Bank Unveils Game-Changing Toolkit

World Bank's innovative toolkit transforms crisis management, providing swift aid and resilience to developing nations.

World Bank approves $150 million loan to Kerala

The World Bank has approved a 150 million dollar loan to support the Resilient Kerala Program to continue strengthening the South Indian...
Biden Nominates Indian Banga to Lead World Bank

Biden Nominates Indian Banga to Lead World Bank

US PresidentJoe Biden on Thursday nominated former Mastercard Chief Executive Officer Ajay Banga to lead World Bank.  If confirmed by the World...
Covid no longer a Global Threat

World Bank Outlines Priorities For Recovery

With Covid 19 triggering the most encompassing economic crisis in almost a century, the World Bank in its latest World Development Report' focusses on...
Explore the UN's Global Economic Outlook 2024, revealing a projected slowdown in global growth. Discover the challenges posed by high interest rates, conflicts, and climate disasters, and learn how bold investments are crucial for sustainable development and climate action

World Bank Sees A Rise In Debt Burden of Low Income Countries

The debt burden of world's low-income countries rose 12 per cent to a record 860 billion dollars in 2020, said a new World Bank...
50,000 Large Dams To Lose Storage Capacity by More than a Quarter

India, World Bank sign $250 million project for dam safety

India and the World Bank on Wednesday signed a 250 million dollar project for long-term dam safety programme and improving the safety and performance...

World under severe Flood threat; World Bank

About 1.47 billion people are directly exposed to the risk of intense flooding with over a third of them (Almost 600 million), are poor,...
msme

World Bank, India sign pact for MSME revival

India and the World Bank on Monday, July 6, signed the 750 million dollar agreement for the MSME Emergency Response Programme, which is aimed...
msme

World Bank Approves $750 Million Emergency Response Program for MSMEs in India

industryThe World Bank’s Board of Executive Directors has approved a $750 million MSME Emergency Response programme to support increased flow of finance into the...