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World Bank

Multilateral Financial Institutions

10th April – Multilateral Financial Institutions

Focusing multilateral money The World Bank group, which includes the bank, the private sector-focused International Finance Corporation (IFC), and the loan guarantee-focused Multilateral Investment Guarantee Agency (MIGA), has now moved to address the fast-spreading public health and economic crisis caused by the novel coronavirus. What is being done? The initial spending approved was worth $1.9 …

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31st October – PM’s Diwali Gift to the Economy

India is slipping pathetically from its high growth trajectory. Exports continue to decline. Major financial institutions and donors have downgraded the country’s growth prospects in the coming year. Good news – The recent World Bank’s Doing Business rankings provided the spark the economy badly needed. India made impressive improvements in the 2019 rankings of Ease …

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