International Development Association

Developing nations' share in IBRD, IFC should be 50%: Jaitley

Seeking reforms in IMF and World Bank to reflect a larger say for economies like India, Finance Minister Arun Jaitley has said the share of developing and transition countries (DTCs) in the multi-lateral lending agencies IBRD and IFC must be raised to 50 per cent.

Apr 17, 2016, 17:06 PM IST

Developing nations' share in IBRD, IFC should be 50%: Jaitley

Seeking reforms in IMF and World Bank to reflect a larger say for economies like India, Finance Minister Arun Jaitley has said the share of developing and transition countries (DTCs) in the multi-lateral lending agencies IBRD and IFC must be raised to 50 per cent.

Apr 17, 2016, 17:06 PM IST

India asks World Bank to increase dev fund to USD 100 bln

 India today asked the World Bank to increase its developmental fund to USD 100 billion a year from the existing USD 50-60 billion

Apr 17, 2016, 01:45 AM IST

World Bank sets USD 16 bn plan for climate fight in Africa

The plan will be presented at COP21, the 12-day UN climate summit that opens Monday in Paris.

Nov 25, 2015, 04:24 AM IST

AP to get Rs 475 crore from World Bank arm for rural project

An arm of the World Bank will lend Rs 475 crore (USD 75 million) to the Andhra Pradesh Government for implementing a rural growth project.

Dec 26, 2014, 22:25 PM IST

UP launches Rs 1,603 cr clean water project in 10 districts

The government of Uttar Pradesh today launched a Rs 1,603 crore World Bank-backed project aimed at providing clean water to over 25 lakh people.

Jun 14, 2014, 22:04 PM IST

World Bank gives $220 mn credit for Bihar floods

The International Development Association (IDA), the World Bank`s concessionary lending arm, has approved a $220 million credit to support rebuilding efforts in areas affected by the 2008 Kosi floods in Bihar.

Sep 10, 2010, 10:19 AM IST