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Chief Economist of the World Bank says that it will take 5 years for a full recovery after the Pandemic
World Bank's Chief Economist Carmen Reinhart spoke in a remote conference held in Madrid.
Government appoints new executive directors to Word Bank and Asian Development Bank
The Appointments Committee of the Cabinet (ACC) has approved appointments of new executive directors to the World Bank and Asian Development Bank (ADB) on Monday.
India not likely to be affected by World Bank’ Ease of Doing Business report
India’s ease of business ranking by World Bank (WB) would not affect the commercial environment in the country. On Thursday, the WB said it has paused publication of the Doing Business (DB) report due in October and is undertaking a review of the data changes in the last five reports after discovering a number of irregularities.
$750 million from World Bank to COVID-19 wreaked MSMEs as Stimulus
the world bank has propelled support for the Medium, Small, Micro, Enterprises (MSMEs). As this sector, in particular, has hit the worst of all by COVID-19.
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