Appreciating the successful turnaround of Pakistan’s economy, World Bank offered an assistance package of USD 2 billion over a period of four years.
JNPT handled 4.12 million TEUS in 2013 and handles about half of India’s containerised throughput.
Older multilateral institutions must adjust to new world order, or see more AIIBs, BRICS banks emerge.
By contrast the AIIB has been fast. The Bank, to be headquartered in Beijing, is expected to be operational by next year.
With an expected growth of 7.5 per cent this year, India is, for the first time, leading the World Bank’s growth chart of major economies,” said Kaushik Basu.
India is ranked 142 among 189 nations in the World Bank’s Ease of Doing Business 2015 study.
World Bank estimate too little, central visit too late, says former minister whose govt sought Rs 44K cr
As Albania plans to join the European Union, World Bank plans to help Albania by lending $1.2 billion euros.
The World Bank released a report stating that Gaza’s economy is on the “verge of collapse,” saying the unemployment rate there is now the highest in the world.
World Bank will offer a credit of $ 250 million to Bihar government over the next five years as part of a programme to help improve effectiveness of primary school teachers.
The report has advocated that the flagship scheme should be redesigned to create capital assets.
For greater ‘Ease of Doing Business’, BMC slashes number of construction permits and duration.
But looking only at labour market policies will not solve low employment elasticity of growth
In India, GDP growth is expected to accelerate to 7.5 per cent in fiscal year 2015/16.
The Asian Infrastructure Investment Bank could rearrange the global financial balance of power.