Tag:World Bank

Sri Lanka's recent economic performance has shown resilience, but challenges persist. The World Bank cautioned that macroeconomic stability is contingent on the consistent implementation of fiscal, financial, and monetary policies.

If current trends continue, Oxfam predicts that five trillionaires will emerge within the next decade. In stark contrast, the number of people living in poverty has remained nearly unchanged since 1990.

Pakistan is taking significant steps to deepen its financial and economic engagement with China, aiming to tap into the world’s second-largest capital market and expand corporate opportunities in Hong Kong.

The 2013 amendment to the Anti-Corruption Commission Act, requiring government approval to investigate politicians or bureaucrats, has been particularly criticized for stifling the ACC’s independence.

The Punjab government, under an agreement with the World Bank, refrained from procuring wheat, leaving growers at the mercy of market forces.

Beyond the budget support, the World Bank has approved $379 million for the health and nutrition sector and $280 million for the development of the water supply system in Chattogram.

The KERA project will focus on building climate resilience in Kerala’s agricultural value chains by helping farmers transition to climate-smart practices.

The loan is also strategically important as Bangladesh seeks to attract more foreign investment and strengthen its global economic standing. By addressing key challenges...