The World Bank-appointed Neutral Expert has affirmed its authority to resolve the differences between India and Pakistan regarding the Kishenganga and Ratle hydroelectric projects in Jammu and Kashmir, under the framework of the 1960 Indus Water Treaty (IWT). This decision marks a significant development in the long-standing dispute, as the Neutral Expert has dismissed Pakistan’s […]
Washington DC, January 6, 2025: The World Bank (International Bank for Reconstruction and Development, IBRD, rated Aaa/AAA) has successfully issued its first benchmark bond for 2025—a landmark Australian dollar (AUD) 1.75 billion 5-year Sustainable Development Bond. Maturing on January 10, 2030, the bond underscores the World Bank’s ongoing commitment to funding green and social initiatives […]
Chandigarh, 29 November– Punjab Chief Minister Bhagwant Singh Mann today sought full support from the World Bank to address the serious challenges of the state. During a meeting with August Tano Kwame, Country Director of the World Bank in India, the Chief Minister strongly presented the state’s case for financial assistance. Bhagwant Singh Mann […]
New Delhi : Finance Minister Nirmala Sitharaman has called on the World Bank to work closely with nations in pinpointing high-priority skilling sectors, with a particular focus on generating employment, skill matching, and sustaining labor retention. Speaking at the plenary lunch during the World Bank and IMF Annual Meetings in Washington, D.C., Sitharaman emphasized that […]