The World Bank expects global food prices to decline in 2012 due to sluggish global economy and expected decline in prices of energy and crude oil.
Increase in food supplies
The World Bank will provide $130 million for initiatives to empower rural communities and improve livelihood opportunities in northeastern states.
An agreement to this effect was signed between the multilateral
The World Bank today sharply lowered its global economic growth forecast for 2012 to 2. 5 per cent citing European financial turmoil and weak growth prospects in emerging nations
India can return to 9 per cent growth if the government removes uncertainties in policy- making and go for early implementation of some of the long pending tax reforms, a
Developing countries can prepare for the threat of a global recession by improving policies to generate growth and jobs, diversifying economies, bolstering their banking sectors and readying social safety nets,
World Bank President Robert Zoellick said on Wednesday the world had entered a new economic danger zone and Europe, Japan and the United States all needed to make hard decisions
Finance minister Pranab Mukherjee today said he would attend the IMF and World Bank annual fund meeting at Washington this month as the president of the G-24 group.
"I will
China needs to rebalance its economy by boosting consumption since the country cannot rely on exports and investment alone to drive growth over the longer term, World Bank President Robert
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