Pakistan's Economic Crisis Deepens With Sub-3 per cent Growth For 5th Year In Row
Pakistan risks locking itself into a prolonged phase of economic stagnation, warned economist Asad Ali Shah, as the World Bank’s latest update projects growth at just 2.6 per cent for FY25-26 - following a dismal four-year stretch of weak performance, according to an article in Pakistan’s financial daily Business Recorder (brecorder.com).
Oct 09, 2025, 20:32 PM IST
World Bank Flags Rising Poverty Levels In Pakistan
Pakistan’s once-promising poverty reduction trajectory has come to a troubling halt, reversing years of hard-fought gains.
Oct 08, 2025, 18:27 PM IST
Pakistan’s Poverty Rate Hits 25.3% As World Bank Flags Economic Model Failure
The World Bank has expressed serious concern over Pakistan’s economy as the country has failed to reduce poverty despite massive loans injected by the IMF.
Oct 08, 2025, 18:19 PM IST
India Remains Fastest Growing Economy, Growth Rate Projected At 6.3% For FY26 By World Bank
In India, growth moderated in FY2024/25 (April 2024 to March 2025), partly reflecting a deceleration in industrial output growth.
Jun 11, 2025, 08:21 AM IST
269 Million People Lifted Out Of Extreme Poverty In India Over 11 Years: World Bank
About 75.24 million people were living in extreme poverty in India during 2022–23, a massive drop from 344.47 million in 2011–12.
Jun 07, 2025, 10:42 AM IST
India Set To Lead World Bank's Global Land Reform Talks In Washington
India will play a key role at the World Bank Land Conference 2025, wherein the SVAMITVA Scheme will be spotlighted as a transformative model of rural empowerment through drone mapping, high-accuracy geospatial data, and platforms like Gram Manchitra for climate-aligned planning.
May 04, 2025, 17:24 PM IST
India Needs To Grow By 7.8% To Reach High-Income Status By 2047, A Possible Target: World Bank
Recognising India’s fast pace of growth averaging 6.3 per cent between 2000 and 2024, the WB report noted that India’s past achievements provide the foundation for its future ambitions.
Feb 28, 2025, 15:20 PM IST
World Bank Sees India As Right Place To Invest For Global Firms
Speaking at the 'Advantage Assam 2.0 Business Summit' here, World Bank Country Director, Auguste Tano Kouame, dismissed worries over short-term fluctuations, calling India “the shining light in the world.”
Feb 27, 2025, 11:55 AM IST
World Bank Expects India's Fiscal Deficit To Shrink Further Amid Rising Tax Revenues
In contrast, fiscal deficits in other South Asian nations are projected to remain stable due to fiscal adjustments being offset by higher interest payments in Pakistan and infrastructure investments in Bangladesh.
Jan 19, 2025, 15:05 PM IST
India Continues To Outpace Global Peers On Economic Growth: Centre
At a time when global growth is expected to remain at 2.7 per cent in 2025-26, this remarkable performance underscores India’s resilience and its growing significance in shaping the world’s economic trajectory, said Ministry of Information and Broadcasting.
Jan 18, 2025, 22:41 PM IST
Bangladesh Receives 1.16 Bn USD World Bank Financing For Inclusive, Climate-Resilient Development
The World Bank approved 1.16 billion USD to help Bangladesh improve health services, water and sanitation services and achieve greener and climate-resilient development.
Dec 22, 2024, 07:19 AM IST
World Bank Approves USD 800 Million Loan For Development Of Amaravati City
The World Bank will bring global expertise to support the design of city institutions and infrastructure that can create economic opportunities.
Dec 20, 2024, 13:18 PM IST
FM Sitharaman Meets G20 Expert Group Member Prof Stern On Strengthening Multilateral Development Banks
During the meeting, Finance Minister Sitharaman shared updates on the World Bank's Evolution Agenda, which is actively considering 27 of the 30 recommendations put forth by the G20 Independent Expert Group.
Oct 06, 2024, 09:19 AM IST
World Bank Expects 5.1% Growth For Nepal
The South Asian country achieved a growth of 3.9 per cent in 2023-24, noted the international financial institution.
Oct 02, 2024, 20:44 PM IST
World Bank Raises India Growth Forecast To 7 Per Cent For FY25
According to Economic Survey, the country's real gross domestic product (GDP) will grow at 6.5-7 per cent in 2024-25. However, the Reserve Bank of India estimates a higher 7.2 per cent for the current financial year.
Sep 03, 2024, 17:12 PM IST
World Bank Raises India's GDP Growth Forecast To 7.5% For 2023-24
The World Bank has raised India's economic growth forecast by 1.2 per cent to 7.5 per cent for 2023-24, on the back of robust activity in services and industry in its latest update for South Asia.
Apr 03, 2024, 10:07 AM IST
95 Million Pakistanis Under Poverty, Urgent Reforms Needed To Achieve Economic Stability: World Bank
Poverty in Pakistan rose within one year from 34.2 percent to 39.4 percent.
Sep 23, 2023, 15:37 PM IST
Uganda President Defiant After World Bank Funding Suspended Over LGBT Law
The anti-LGBTQ law in Uganda, enacted in May, has drawn widespread denunciation from local and international rights organisations and Western governments, though it is popular domestically.
Aug 10, 2023, 13:20 PM IST
World Bank Approves USD 255.5 Million Loan For Better Technical Education In Govt-Run Indian Institutions
Tertiary education in India has been growing steadily from 29 million enrolled students in 2011-12 to 39 million enrolled students across 40,000 institutions in 2019-20.
Jun 24, 2023, 17:55 PM IST
World Bank Approves $150 Mn Loan To Support Resilient Kerala Program
The plan will assess the current and future shoreline changes in the state and create policies to address the risks to environmental resources, human settlements, and infrastructure along the coast.
Jun 17, 2023, 17:09 PM IST