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World Bank sees rising risk of global recession in 2023 amid rate hikes

by AIP Online Bureau | Sep 15, 2022 | Eco/Invest/Demography, International News, Non-Life

“Global growth is slowing sharply, with further slowing likely as more countries fall into recession,” World Bank President David Malpass said, adding his worry that these trends would persist, with devastating consequences for emerging market and...
Pandemic, supply disruptions pose risk to food security; urgent actions needed says World Bank led joint statement

Pandemic, supply disruptions pose risk to food security; urgent actions needed says World Bank led joint statement

by AIP Online Bureau | Jul 17, 2022 | Eco/Invest/Demography, International News, Pandemic, Policy

Citing World Food Programme data, the joint statement said the number of acute food insecure people increased to 345 million in 82 countries “Making matters worse, around 25 countries have reacted to higher food prices by adopting export restrictions affecting...

India gets $1.75 bn World Bank loan for Ayushman Bharat, private investment

by AIP Online Bureau | Jul 1, 2022 | Eco/Invest/Demography, Health, Indian News, Non-Life

Through this combined financing of USD 1 billion, the World Bank will support India’s flagship Pradhan Mantri-Ayushman Bharat Health Infrastructure Mission (PM-ABHIM), launched in October 2021, the World Bank said in a release on Friday New Delhi: The World Bank...
World Bank’s Malpass says war in Ukraine may trigger global recession

World Bank’s Malpass says war in Ukraine may trigger global recession

by AIP Online Bureau | May 26, 2022 | Eco/Invest/Demography, International News, Pandemic

David Malpass,President,World BankĀ  Developing countries were being hit even harder given shortfalls of fertilizer and food stocks and energy supplies, he said “The idea of energy prices doubling is enough to trigger a recession by itself,” he said World...

Bangladesh, World Bank sign $250m to enhance resilience to future shocks

by AIP Online Bureau | Apr 19, 2022 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Policy

It will also support the coverage, speed, and efficiency of social protection programs to help the government rapidly respond to extreme climate events such as floods and cyclones Dhaka; The Government of Bangladesh and the World Bank yesterday signed a $250 million...
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