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World Bank approves USD 7.3 mln as COVID-19 support to Maldives

edition.mv/news/15914
Mariyam Malsa 03 Apr 2020

The World Bank’s Board of Executive Directors, on Thursday, approved the decision to grant Maldives USD 7.3 million to fund a COVID-19 Emergency Response and Health Systems Preparedness Project to ass...

World Bank sees outbreak taking a big toll on Asia’s economy

en.sun.mv/59161
31 Mar 2020

WASHINGTON (AP) — The World Bank is estimating that the cornavirus outbreak will cause economic growth to slow significantly this year in China and other East Asian-Pacific countries, throwing million...

India’s central bank cuts benchmark rate to decade-low 4.4%

en.sun.mv/59103
28 Mar 2020

NEW DELHI (AP) — India’s central bank on Friday cut its key interest rate by a sizable 75 basis points to 4.4% from 5.15% to ease financing troubles caused by the coronavirus outbreak and help revive...

World Bank extends USD 10 mln to Maldives

edition.mv/news/15761
Rae Munavvar 26 Mar 2020

President Ibrahim Mohamed Solih revealed during Wednesday’s press conference that, amidst the COVID-19 global pandemic, the World Bank has extended to Maldives aid amounting to USD 10 million. Stating...

World Bank provides grant aid of USD 10 million to Maldives

psmnews.mv/en/65792
25 Mar 2020

President Ibrahim Mohamed Solih has revealed USD 10 million has been provided by World Bank to Maldives as grant aid to overcome the impacts of COVID-19. Speaking at the press conference held regardin...

World Bank extends US$10 mln assistance to Maldives

avas.mv/en/80304
25 Mar 2020

The World Bank has extended an assistance of US$ 10 million to the Maldives in the face of the global COVID-19 pandemic. The President of the Maldives Ibrahim Mohamed Solih made the announcement at a...

World Bank pledges USD 10 million to Maldives virus relief fund

en.sun.mv/59037
25 Mar 2020

The World Bank has pledged USD 10 million to the COVID-19 emergency relief fund set up by Maldives. The decision was announced during a press conference by President Ibrahim Mohamed Solih at the Natio...

Ready to support local economy: National bank

avas.mv/en/80236
24 Mar 2020

National bank Bank of Maldives (BML) has stated that it is ready to support the local economy during the current global crisis affecting the country's economy. The bank's audited financial statements...

India's Yes Bank founder arrested on money laundering allegations

edition.mv/world/15374
08 Mar 2020

The founder of India's Yes Bank was arrested on allegations of money laundering Sunday, amid efforts to formulate a rescue plan for the country's fourth-largest private lender. In a late-night move Fr...

World Bank unveils $12 bn aid package to combat coronavirus

edition.mv/world/15308
04 Mar 2020

The World Bank unveiled a $12 billion aid package on Tuesday that will provide fast-track funds to help countries combat the coronavirus outbreak. "The goal is to provide fast, effective action that r...

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