Ahmad was Chief of Staff to the World Bank Group President Jim Yong Kim before being elevated to the current position
Jim Yong Kim, 56, a Korean-American medical doctor who has focused World bank on programs to reduce extreme poverty
The Obama administration put Kim's name into nomination last month
Kim, who became the 12th President of the World Bank Group on July 1, 2012 is a physician and anthropologist
Jim Yong Kim's term expires on June 30 next year
The Ministry of National Policies and Economic Affairs will be responsible for overall implementation and coordination of proposed operation
Raises forecast to $43 from $41 currently on the back of recent developments
The report makes a strong case for a new model that would both improve quality and save the economy up to 3% of GDP: Jim Yong Kim
World Bank's total assistance for city development activities in Sri Lanka was US$ 202 million
To showcase ease of doing business hoping for a better ranking in World Bank annual report
Paul Romer is a New York University professor and economist and also a director of the Marron Institute of Urban Management
State has sought the loan for a water conservation project to be implemented in 20,000 drought-hit villages
Growth would gradually recover to 7.7% next year and 7.8% in 2018-19
Dissipation of large boost from historically low oil prices in past year will make this a challenging task, but prospects of a normal monsoon will help, it added
According to World Bank's latest annual report, global investment in 2015 decreased to $111.6 billion
The World Bank has forecast India's economy to grow 7.6 per cent in 2016-17, which is not only 0.2 percentage-points lower than its earlier prediction in January, but also the same as witnessed in 2015-16. Next two years - 2017-18 and 2018-19 - would also see India growing at 7.7 per cent; the growth rates, which are 0.2 percentage-points lower than earlier projections and represent only a marginal improvement over 2016-17. However, in the global context, India would still be the fastest growing major economy. Though growth forecasts for China were retained, the growth rates for the country would decline from 2015 onwards to 2019. Global economy would also grow 2.4 per cent in 2016, a 0.5 percentage-point lower than earlier predictions by the multilateral agency and at the same rate witnessed in 2015. The global growth rates would improve in the next two years, though at a slower pace than was expected earlier
Cautions India against notable headwinds
To improve city transport system and reduce greenhouse gas emission
Afghanistan, Bangladesh and Nepal are low-income economies, Pakistan and Sri Lanka fall under lower-middle-income
To provide access to a continuous piped water supply in various cities in Karnataka