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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 centre
Kerala floods: Centre, World Bank team to visit state for safety audit of 28 dams
Indian Express 20 Sep 2018
A joint team from the Centre and World Bank will visit Kerala next week for a post-flood safety audit of 28 dams in the state, a senior Central Water Commission official told The Indian Express ... The Cabinet approved the revised estimated cost of DRIP at Rs 3,466 crore, of which the World Bank will provide Rs 2,626 crore, to “improve safety and operational performance of 198 dams”....
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Offering compensation for impact investment has sound grounds
Business Day 20 Sep 2018
As an early-stage ecosystem, impact investing is not without its challenges, as the World Economic Forum points out ... Monetising impact can work, as can be seen in the example of the Green Outcomes Fund, a first-of-its-kind structure that has been created by the World Bank’s Climate Technology Programme in partnership with GreenCape, the Bertha Centre and WWF SA....
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Emigration to rise in short run: Survey
Deccan Chronicle 20 Sep 2018
According to the World Bank Migration and Development Brief 2018, India received USD 69 billion in remittances ... KMS 2018 was financed by the State Government, Department of NORKA, Research and Empirical Analysis of Labour Migration of Interdisciplinary Centre for Innovation Theory and Empirics of Columbia University, USA, World Bank, and the World Economy Programme of the CDS....
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Flood mapping of river basins to begin next week
The Times of India 19 Sep 2018
The initiative, which is a joint effort of the Centre and the state, will be done for the entire state. The central team consisting of members from the World Bank-funded dam rehabilitation and improvement project (DRIP) and national hydrology project (NHP) will arrive in the state on September 25 and would be here for the next three days kick-starting flood mapping for the selected rivers and Kuttanad....
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Awareness day to highlight snakebite impact
The Times of India 19 Sep 2018
Every year, between 81,000 and 1,38,000 people around the world die from snakebite ... To raise awareness of the huge, yet mostly unrecognised, global impact of snakebite, a coalition of organisations working on global health and tropical medicine around the world, including Chennai-based Madras Crocodile Bank Trust (MCBT)/Centre for Herpetology, has announced September 19 as the first-ever International Snakebite Awareness Day....
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Samuel Okudzeto Ablakwa...Prof. Atuguba spoke truth to power
Joy Online 18 Sep 2018
... in the advancement of knowledge to make our world a better place. During our time at the Ministry of Education and thanks to the visionary President John Mahama, we championed a major resource mobilization effort known as the World Bank Centres of Excellence initiative that brought in some $24 million to support research in our universities....
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Kerala floods: WB-ADB team visits district
Deccan Chronicle 15 Sep 2018
The eight-member team including officials of World Bank and Asian Development Bank ... The World Bank officials have agreed to provide necessary support to revive the damaged manuscripts and antiques ... World Bank officials assessed the extent of damage to primary healthcare centre at Eloor, which suffered loss of Rs 40 lakhs....
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Cape Town beats Jozi as SA's new top financial hub
Independent online (SA) 14 Sep 2018
Internationally New York has taken top position over London as the world's top financial centre ... centre assessments. The report uses an online questionnaire and in addition over 100 indices, such as the World Bank and the Organisation for Economic Co-operation and Development....
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New York replaces London as world's top financial centre due to Brexit, survey says
The Independent 12 Sep 2018
London has been replaced by New York as the world's most attractive financial centre, a survey has indicated, as Brexit prompts ......
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New entrants in Xi’s Belt and Road dreams
The Hindu
11 Sep 2018
“Hong Kong, as one of the major international financial centres, has advantages in a wide range of areas, including investment, risk assessment, finance, insurance, accounting, legal services and arbitration,” says Jin Liqun, head of the Asian Infrastructure Investment Bank (AIIB). The former British colony — a global financial centre as well as a ......
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Facebook to build $1 billion data centre in Singapore
The Siasat Daily 07 Sep 2018
As governments, the world over including in India aim to store data of their people within their boundaries, Facebook on Friday announced to build its first data centre in Asia that will be located in Singapore. The 170,000-square-metre data centre will be built with ... The World Bank recently named Singapore as the top country in Asia to do business....
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Facebook to build $ 1 billion data centre in Singapore
Sify 07 Sep 2018
As governments the world over including in India aim to store data of their people within their boundaries, Facebook on Friday announced to build its first data centre in Asia that will be located in Singapore. The 170,000-square-metre data centre will be built ... The World Bank recently named Singapore as top country in Asia to do business....
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Facebook to Build USD 1 Billion Data Centre in Singapore
Yahoo Daily News 07 Sep 2018
San Francisco, Sep 7. As governments, the world over including in India aim to store data of their people within their boundaries, Facebook on Friday announced to build its first data centre in Asia that will be located in Singapore ... Facebook's data centres are currently located across the US and in Europe ... The World Bank recently named Singapore as the top country in Asia to do business....
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