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World Bank: Global economy’s slower growing pace impacts poverty

January 20, 2025 revoi editor

New Delhi: Slower growth of the world economy cannot bring relief to the poorest nations, the World Bank has said. The bank expects the world economy to expand by 2.7 percent in 2025 and again in 2026. While the economy has remarkably remained consistent in 2023- 2024 it is also lackluster. The growth has been […]

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IMF allocates $1.3 billion for financial support to Ukraine

October 8, 2022 Vinayak Barot

New Delhi: The Executive Board of the International Monetary Fund (IMF) on Friday approved the disbursement of $1.3 billion to Ukraine, the organization said in a statement. The funds will be provided “under the food shock window of the Rapid Financing Instrument (RFI) to help meet Ukraine’s urgent balance of payments needs.” The organization projects the […]

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GDP: World Bank Cuts India’s growth to 6.5 percent for current fiscal year

October 7, 2022 Vinayak Barot

New Delhi: After considering the current scenario of many businesses across the world, and the situation of many countries, the world bank (WB) on Thursday slashed India’s Gross Domestic Product (GDP) growth rate to 6.5 percent. In June 2022, it had projected that the Indian economy will grow at a rate of 7.5 percent. In April […]

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World Bank approves $1.49-billion aid package for Ukraine

June 8, 2022 Vinayak Barot

New Delhi: The World Bank Board of Executive Directors on June 7, 2022, approved $1.49 billion of additional financing for Ukraine under the Public Expenditures for Administrative Capacity Endurance in Ukraine Project. This new financing is part of the total support package of over $4 billion that the World Bank is mobilizing, which is up from […]

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Ukraine to Receive Three Billion USD from the World Bank

March 2, 2022 Vinayak Barot

New Delhi: The world bank has decided to provide three billion USD to Ukraine as an emergency aid package, which will help the Kyiv government revive the country again. As per reports, this support package will include at least $350 million in immediate funds. The announcement – was made by World Bank President David Malpass and […]

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Gender Samvaad Event

April 19, 2021 Vinayak Barot

(Mitesh Solanki) Gender Samvaad Event was recently launched by Rural Development ministry along with DAY-NRLM & IWWAGE. DAY-NRLM means Deendaya Antyodaya Yojna National Rural Livelihood Mission IWWAGE means Initiative for What Works to Advance Women and Girls in the Economy. The main objective of Gender Samvaad is to create awareness on gender related issues. Samvaad […]