Business
October 14, 2024
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World Bank says 26 poorest nations in worst financial shape since 2006

The World Bank building is pictured in Washington, April 5, 2021. WASHINGTON: The world’s 26 poorest countries, home to 40% of the most poverty-stricken people, are more in debt than at any time since 2006 and increasingly vulnerable to natural disasters and other shocks, a new World Bank report showed on Sunday. The report finds […]

Business
October 02, 2024
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World Bank Expects 5.1% Growth For Nepal

New Delhi: The World Bank on Wednesday projected a growth of 5.1 per cent for Nepal in the current 2024-25 fiscal year starting in mid-July, below the Nepali government’s 6 per cent target. Growing tourist arrivals, more hydropower generation and expected growth in paddy production shall contribute more to Nepal’s gross domestic product, the bank […]