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...
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...
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...
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...
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...
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...
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...
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...
The World Bank unveiled a $12 billion aid package on Tuesday that will provide fast-track funds to help countries combat the coronavirus outbreak.
"The goal is to provide fast, effective action that r...
Maldives government has revealed that an expenditure of US$ 300 million will be incurred to develop the Gulhifalhu port, and that the funds will be arranged via the Indian Exim Bank in the form of a l...
