Tag: World Bank

India’s trade within South Asia, the region between Kabul and Chittagong broadly, is said to have been close to 19 per cent in 1948, finding a place in literature such as Rabindranath Tagore’s Kabuliwala who travels to Calcutta from Afghanistan to sell dry fruits. An Asian Development Bank study ...

Islamabad: Pakistan's Finance Minister Ishaq Dar on Saturday assured a jittery nation that the much-delayed ninth review of the USD 7 billion IMF programme was well on track, a day after he cancelled his visit to Washington for the spring meetings of the IMF and World Bank. Cash-strapped Pakistan ...

While conflict and inflation will dominate World Bank spring meetings next week, campaigners are pushing for a redesign of global financial architecture to help countries cope with climate change. Experts say developing nations are struggling to find the funds needed to stop burning planet-heating fossil fuels and prepare for ...

NEW DELHI: The government on Thursday confirmed it had received Pakistan’s response to its notice sent in January seeking a modification of the 1960 Indus Waters Treaty for management of cross-border rivers.Despite the World Bank asking India and Pakistan to find a mutually agreeable way to address Pakistan’s objections ...

ISLAMABAD: Cash-strapped Pakistan has received the nod for funding of up to $2 billion from Saudi Arabia, a move that will help the country secure the much-required bailout from the IMF, according to a media report on Thursday.The International Monetary Fund has imposed the condition on Pakistan that it ...

NEW YORK CITY, New York: A study published this week reported that China spent $240 billion between 2008 and 2021 to bail out 22 developing countries, which have struggled to repay loans spent on on infrastructure as part of the "Belt and Road" Initiative.The report was conducted by researchers ...

Financial viability of many countries is being threatened by unsustainable debt, Indian PM says, as two-day G20 meeting begins in Bengaluru.Policymakers of the Group of 20 (G20) leading economies should focus on helping the world’s most vulnerable people, India’s Prime Minister Narendra Modi has said as top-level financial talks ...

Here are today’s top news, analysis, and opinion. Know all about the latest news and other news updates from Hindustan Times.‘Can’t interpret treaty’: India’s jab at World Bank on Indus Waters Treaty standIndia on Thursday questioned the World Bank’s decision to go ahead with two parallel processes to address ...

India’s move to seek modification of the six-decade-old Indus Waters Treaty (IWT) needs to be viewed strictly in the context as spelt out in the missive handed over to Islamabad on this issue. It has categorically attributed it to Pakistan’s constant “intransigence” in implementing this ...

NEW DELHI: India has issued a notice to Pakistan over modification of the Indus Waters Treaty (IWT) of September 1960, government sources said on Friday. The notice for modification was sent as Pakistan's actions have adversely impinged on the provisions of IWT.According to the sources, the notice was sent ...