![The annual World Bank and IMF meetings have concluded without a concrete plan to mobilize the trillions of dollars needed to combat climate change. The annual World Bank and IMF meetings have concluded without a concrete plan to mobilize the trillions of dollars needed to combat climate change.](/_next/image?url=https%3A%2F%2Fapi.newsarenaindia.com%2F%2Fuploads%2Funtitled-design-20240421t121009365jpg_1713682568144.jpg&w=3840&q=8)
April 20, 2024, 11:56 PM - 3 mins read
World Bank president Ajay Banga expressed hope that donor contributions could add up to an additional $100 billion to the poorest countries through its lending arm, the International Development Association (IDA). The Bank has initiated efforts to add more financing to its portfolios to support low-income countries with very low-cost financing and grants.
Read more![G20 meet in New Delhi. G20 meet in New Delhi.](/_next/image?url=https%3A%2F%2Fapi.newsarenaindia.com%2F%2Fuploads%2Fg20naijpg_1713617082697.jpg&w=3840&q=8)
April 20, 2024, 05:44 AM - 3 mins read
India hosted the G20 Summit in New Delhi from September 9-10. The summit adopted a 37-page consensus declaration overcoming major differences on the Russia-Ukraine war and took several steps to ensure the stability of the global economy.
Read more![As Pakistan prepares for the arrival of an International Monetary Fund (IMF) mission this Wednesday, discussions are set to unfold regarding the existing USD 3 billion Stand-By Arrangement (SBA) As Pakistan prepares for the arrival of an International Monetary Fund (IMF) mission this Wednesday, discussions are set to unfold regarding the existing USD 3 billion Stand-By Arrangement (SBA)](/_next/image?url=https%3A%2F%2Fapi.newsarenaindia.com%2F%2Fuploads%2Foip-41jpg_1710314356323.jpg&w=3840&q=8)
March 13, 2024, 12:19 AM - 2 mins read
The International Monetary Fund (IMF) mission is likely to land in Pakistan on Wednesday to conduct an economic assessment regarding the USD 3 billion Stand-By Arrangement and simultaneously Islamabad is likely to request a USD 6-8 billion fresh loan programme, according to a report
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