World Bank

World Bank News

In election year, why the difference between schemes and systems matters

From loan waivers to income support for farmers, Ayushman Bharat to Ujjwala, Jan Dhan to Mudra, social welfare is shaping the national conversation as Lok Sabha elections approach. In a series, World Bank experts take stock of social protection in India.

Trump nominates David Malpass to head World Bank

Malpass is being tapped to head the World Bank after its previous president, Jim Yong Kim, announced in January that he would resign from the post, nearly three years before his term expired.


Ivanka Trump to help choose new World Bank president

Ivanka Trump, who had been rumoured to be a contender for the position herself, will not be a candidate, a Trump administration official said.

Developing economies must get ready to cope with possible turbulence: World Bank official

Urging countries to accelerate reforms, interim president Georgieva said from the Bank's perspective, this is particularly critical for investing in human capital, lowering barriers to higher investments and boost positivity.

Skies darkening over the global economy: World Bank

According to the report, global economic growth is projected to soften from a downwardly revised 3 per cent in 2018 to 2.9 per cent in 2019 amid rising downside risks to the outlook.

World Bank Group President Jim Yong Kim to step down on February 1

Under Kim's leadership, the World Bank established two goals: to end extreme poverty by 2030; and to boost shared prosperity, focusing on the bottom 40 percent of the population in developing countries.


World Bank Group President Jim Yong Kim to step down on February 1

Kristalina Georgieva, World Bank CEO, will assume the role of interim President effective February 1.

Proof of the pudding

India’s surge in ease of business rankings is commendable. But the real test will be revival of private investment

World Bank Group to raise $200 billion to fight climate change

“We are pushing ourselves to do more and to go faster on climate and we call on the global community to do the same,” World Bank President Jim Yong Kim said.

T N Srinavasan: The Enduring Economist

T N Srinivasan’s work will continue to enrich the discipline of economics.

World Bank Videos

Will Ex-PepsiCo chief Indra Nooyi be the World Bank's next CEO?

Ex-PepsiCo CEO Indra Nooyi is reportedly among the frontrunners for the post of World Bank CEO. US President Donald Trump is considering multiple candidates to nominate for the post and Nooyi's name is reportedly being considered.

World Bank to aid Rajasthan's energy sector

Jaipur, Feb 22 (ANI): The World Bank would be extending its cooperation to the Rajasthan government in the area of energy sector. World Bank Country Director Onno Ruhl spoke to Rajasthan Chief Minister Vasundhara Raje and her cabinet ministers to discuss these issues in detail. Ruhl congratulated Raje on the success of decreasing the rate of defecation in the open. He also stressed on the use of traditional forms of energy while maintaining that the focus was on alternative forms of energy. Chief Secretary C S Rajan, Principal Secretary (Energy) Sanjay Malhotra, State Power Distribution Companies Chairman Bhaskar A Sawant, Organising Secretary Akhil Arora and World Bank Special Project Manager Mandakini Pal were present on the occasion.