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:

International Bank for Reconstruction and Development (IBRD)

International Development Association (IDA)

International Finance Corporation (IFC)

Multilateral Investment Guarantee Agency (MIGA)

International Centre for Settlement of Investment Disputes (ICSID)

This page contains text from Wikipedia, the Free Encyclopedia - https://wn.com/World_Bank

Latest News for: World bank centre

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Differences between India and China shouldn't become disputes: Nirmala Sitharaman

DNA India 12 Nov 2018

Earlier, Khandu had appealed to the Centre to take steps to get external funding for the state from agencies such as the Asian Development Bank (ADB) and the World Bank (WB), saying it was currently not possible due to interference from China....

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Modi inaugurates Varanasi Port, receives India’s first inland cargo vessel

The Siasat Daily 12 Nov 2018

... technical assistance and investment support from the World Bank, officials informed. The total estimated cost of the project is Rs 5,369.18 crore, which will be equally shared between the Centre and the World Bank....

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Modi inaugurates Varanasi Port, receives India's first inland cargo vessel

Yahoo Daily News 12 Nov 2018

... with technical assistance and investment support from the World Bank, officials informed. The total estimated cost of the project is Rs 5,369.18 crore, which will be equally shared between the Centre and the World Bank....

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Michelle Obama event ticket touted for £70k on Viagogo

The Guardian 08 Nov 2018

While the South Bank Centre has set a price for the event of between £30 and £125, the most expensive ticket listed on Viagogo at time of writing was £72,181 for a box seat. Sellers, likely to include professional touts, appear to have got hold of them via the South Bank Centre’s general sale system used by ordinary fans....

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Coastal Management Plan Broader Stakeholder Workshop

Nation 08 Nov 2018

A coastal management plan broad stakeholder workshop was organised by the Climate Adaptation and Management Section (CAMS) of the Department of Energy and Climate Change at the Ministry of Environment, Energy and Climate Change (MEECC), together with the World Bank yesterday at the STC Conference Centre....

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Delay in Dasu dam’s construction costing govt Rs340m daily: Vawda

Dawn 07 Nov 2018

He said the project delayed for several years had been causing billions of rupees worth of losses to the centre and province altogether ... He said the centre and province had agreed to tackle the dam issue on a war footing, while the World Bank had also showed interest in building the water reservoir....

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2019 budget speech by Finance Minister Jacob Saffa

The Patriotic Vanguard 03 Nov 2018

The implementation of structural reforms also weakened in recent years, resulting in the deterioration of our ranking under in the World Bank Country Policy and Institutional Assessment (CPIA) from a medium to weak performer with adverse implications for the amount of concessional resources allocated to Sierra Leone....

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‘Bank finance to diamond industry decreases by $3 bn’ in 2017-18: WFDB

The Times of India 02 Nov 2018

In a big blow to world’s largest diamond cutting and polishing centre in Surat, financing by banks globally to the diamond industry has reduced by almost $3 billion in 2017-18. World Federation of Diamond Bourses (WFDB) says diamond financing had shrunk from $16 billion to $13 billion last year as banks want greater transparency....

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Loans for MSMEs up to Rs 1 cr in 59 mins: PM Modi

Sify 02 Nov 2018

The Prime Minister said that due to many reforms and decisions taken by the Centre, doing business in the country has become very easy today and that World Bank's Ease of Doing Business Ranking, which was released just two days back, is a witness to it....

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Govt interference should not compromise RBI's independence: IMF

Deccan Chronicle 02 Nov 2018

New Delhi/Washington. The International Monetary Fund (IMF) has said it was monitoring the development in India with regard to the reported rift between the Reserve Bank of India and the Centre. . It expressed its opposition to any move that compromises with the independence of central banks anywhere in the world. ....

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IMF says monitoring situation in India, bats for RBI's independence

The Times of India 02 Nov 2018

The IMF has said it was monitoring the reported rift between the RBI and the Centre in India, and expressed its opposition to any move that compromises the independence of central banks anywhere in the world ... bad loan or non-performing asset (NPA) crisis in the banking industry....

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RBI vs Centre: IMF expresses its opposition to move that compromises central bank's independence

DNA India 02 Nov 2018

The International Monetary Fund has said it was monitoring the development in India with regard to the reported rift between the Reserve Bank of India and the Centre. It expressed its opposition to any move that compromises with the independence of central banks anywhere in the world....

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