world bank group]
Latest from world bank group
- "High oil and food prices caused by the war in Ukraine will have a strong negative impact on peoples’ real incomes,” Hartwig Schafer, World Bank Vice President for South Asia, said in a statement.
The package includes a $350 million loan supplement to a prior World Bank loan, augmented by about $139 million through guarantees from the Netherlands and Sweden, the bank said in a statement.
- The beneficiaries are about 40 lakh 6-14 age students in over 45,000 government schools, and over 10 lakh 3-6 years old students enrolled in Anganwadis (Integrated Child Development Centers), and about 1,90,000 teachers, and more than 50,000 Anganwadi workers.
- The irregularities in Doing Business reports had affected four countries: China; Saudi Arabia; United Arab Emirates; and Azerbaijan.
Byhindustantimes.com | Written by Kunal Gaurav, Hindustan Times, New Delhi
The suspension from World Bank follows the Taliban's swift takeover of Afghanistan, as US forces prepared to complete a withdrawal with a deadline of August 31.