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China still Pakistan's top bilateral creditor, share down to 22% from 25% last year: West BengalPakistan's external debt reached $130.85 billion in 2024, with China and Saudi Arabia as the largest bilateral creditors. The debt burden s...
Developing countries' record $1.4 trillion debt service bill squeezes budgetsDeveloping countries spent $1.4 trillion servicing foreign debts in 2023, with interest costs reaching a 20-year high. The squeeze strained...
Explainer: What is the 'Bridgetown Initiative' asking for at Paris summit?President Macron of France will host a summit to discuss the reform of multilateral finance institutions on Thursday, with participants foc...
Ireland may be the place you've been looking for to start your new businessDublin has a strong investor community and is already home to over 2200 startups. The city has a highly educated workforce and when combine...
Tag Sri Lanka as 'low-income': FM Sitharaman urges IMFSri Lanka was classified as a middle-income country at the start of the pandemic. Sitharaman argued that given the nature of Sri Lanka's ec...
Looking for R&D opportunities? How Ireland could be a good option for youIreland has emerged as one of the leading global centres for Research, Development, and Innovation. The country offers an ideal commercial,...
How Irish universities are preparing students for future-proof careersThe courses offered by Irish universities are taking a lead in this and stand apart as compared to other universities in UK and Europe by b...
PXIL launches integrated DAM for RE, conventional powerI-DAS offers market participants the option of submitting orders for transacting in RE as well as conventional power in the same bidding wi...
Vaccine allocation key as supplies will run low for some years: Poonam Khetrapal Singh"WHO is working on an allocation policy for Covid-19 vaccines and has proposed that the goal of vaccination should be to minimise the socie...
India part of international alliance Gavi's new coronavirus global vaccine access driveThe COVAX Advance Market Commitment (AMC) forms part of the COVAX Facility, a mechanism hosted by Gavi, the Vaccine Alliance, designed to g...
World Bank says Covid-19 to push 60 mn into poverty; announces $160 bn assistance to 100 countries"The pandemic and shutdown of advanced economies could push as many as 60 million people into extreme poverty -- erasing much of the recent...
It is time to re-orient the World BankA new World Bank leadership can provide it with the impetus needed to face new global realities
The epidemic you don’t know aboutThe national health policy had aimed at eliminating filariasis by 2015. The deadline was extended to 2017 and now has been shifted to 2020.
World Bank to offer transition support of $3.5 billion to India for infrastructure, education initiativesThe bank has committed $5.2 billion in the year ending June, 2014 to support a number of initiatives including the Sarva Shiksha Abhiyan an...
From Russia with concern: Cisco's audits raised red flags about resellersCisco Systems found that much of business between resellers of its products telecommunications company, Svyazinvest, could not be verified.
Key for India is to be as good in policymaking as in cricket: Onno Ruhl, World Bank"People tell me why India is unique and that it cannot have 24x7 water. I don’t think that’s true. I think it’s just a matter of setting th...
World Bank will continue to give India concessional aidIndia needs these long-term cheap funds to balance its rising reliance on short-term borrowings to fund its high CAD that touched 4.8% of G...
- World Bank to provide $3-5 bn funding to India for 4 years
World Bank committed annual funding of $3-5 bn to India for next four years to push development projects and poverty eradication programmes.
India could lose World Bank soft loans; Middle-income tag to make it ineligible for IDA fundingIndia stands to lose over $2 billion in low-interest funds for many of its welfare schemes, besides missing out on social initiatives.
- World Bank to give 138 mn dlr credit to Pak
The World Bank has approved $138 million credit to the Pakistan Poverty Alleviation Fund (PPAF) for completing housing reconstruction in ar...