Page 29 - World Bank

IMF chief says data-rigging scandal won't hamper IMF-World Bank cooperation

Georgieva, who was cleared of wrongdoing in the matter by the IMF's executive board on Monday, had sharply criticized a report prepared by law firm WilmerHale for the World Bank's board

Members to reach $100-bn target for shifting reserves, says IMF chief

The IMF chief said the fund was putting in place measures to increase transparency about the use of any SDRs.

Indian economy is recovering from Covid-19 crisis: World Bank President

Last week, the World Bank projected the Indian economy to grow at 8.3 per cent this year.

Asian Development Bank boosts 2019-2030 climate financing goal to $100 bn

The bank also plans to boost its private sector operations to attract more private sector capital to finance new climate technologies and innovations, using $12 billion from its balance sheet

Poor countries' debt rose 12% to record $860 bn in 2020: World Bank

The World Bank has called for urgent efforts to reduce debt levels

Growth is biggest challenge for emerging economies: World Bank economist

"With growth comes jobs, with growth and jobs comes recovery."

IMF board to meet Sunday for more talks, Georgieva's future at stake

A decision on Georgieva's future at the global lender is not expected until Monday, as finance ministers and other senior officials from many of the IMF's 190 member countries gather in Washington

IMF board seeks more details on probe into World Bank report on China

The Doing Business report assesses regulatory environments, ease of business startups, infrastructure and other business climate measures.

Georgieva's future at IMF still unclear after marathon board meeting

Some European governments backed the Bulgarian economist to remain IMF chief at Friday's marathon meeting, according to people familiar the matter.

India expected to grow by 8.3% in 2021-22: World Bank

South Asia's average annual growth is forecast to be 3.4 per cent over 2020-23

WB flags under-reporting of Covid deaths in India, other S Asian nations

World Bank retains India's GDP growth projection at 8.3% for FY22, cautions any global slowdown due to Covid waves may pull it down

IMF chief Georgieva facing data-rigging allegations defends actions

The head of the International Monetary Fund has said a report alleging she had a role in data-rigging at the World Bank when she was a top official there was not an accurate representation of events

Needn't wait for widespread Covid vaccination to reopen schools: World Bank

World Bank's Education team has noted that experiences from countries around world where schools have reopened suggest that with adequate mitigation strategies, schools pose low risks

IMF board to grill investigators, Georgieva on data-rigging claims: Report

IMF executive board will intensify its probe of MD Kristalina Georgieva this week by separately interviewing her and investigators who said she pressured World Bank staff to alter data to favor China

World Bank lifts China view, slashes Asia outlook on Delta wave

Pandemic may do lasting damage in Asia Pacific, says lender

World Bank says Delta variant slowing economic growth in East Asia, Pacific

While China's economy is projected to expand by 8.5%, the rest of the region is forecast to grow at 2.5%, nearly 2 percentage points less than forecast in April 2021, the World Bank said

'Damaged credibility': Modi's UN speech asks WHO, World Bank to shape up

Prime Minister faults world institutes for their work in tracing the origin of the Covid-19 and the suspension of an economic report reportedly manipulated under Chinese pressure

Doing Business

There is space for a more robust, inclusive index

External review finds deeper rot in World Bank 'Doing Business' rankings

An 84-page review, written by senior academics and economists, was published on the bank's website on Monday, about three weeks after it was submitted to World Bank chief economist Carmen Reinhart.

Kaushik Basu says manipulation of WB's Doing Business ranking is 'shocking'

The former chief economist of World Bank Kaushik Basu said on Saturday that pressure was therebut the multilateral institution never gave in.