Search results
Results from the WOW.Com Content Network
The World Bank was created at the 1944 Bretton Woods Conference, along with the International Monetary Fund (IMF). The president of the World Bank is traditionally an American. [12] The World Bank and the IMF are both based in Washington, D.C., and work closely with each other.
Describing the state of Hindi-Urdu under British rule in colonial India, Professor Sekhar Bandyopadhyay stated that "Truly speaking, Hindi and Urdu, spoken by a great majority of people in north India, were the same language written in two scripts; Hindi was written in Devanagari script and therefore had a greater sprinkling of Sanskrit words ...
In September 1985, the Board of Governors of the World Bank endorsed the Convention establishing the Multilateral Investment Guarantee Agency. MIGA was established and became operational on 12 April 1988 under the leadership of then-Executive Vice President Yoshio Terasawa, becoming the fifth member institution of the World Bank Group.
Between 2004 and 2013, the World Bank committed to lend or give at least $338 billion, according to bank data. Its private-lending affiliate, the International Finance Corporation, committed to invest at least $116 billion during the same period in corporations and other banks in pursuit of the overall goal of alleviating poverty.
India received its first bank loan of US$34million from the IBRD in November 1948 for railway rehabilitation. [2] Since then, India has become the country with the largest country program [3] and its lending portfolio of the World Bank group inheres of 104 operations with a total volume of $27.1 billion. Parameswaran Iyer is the present ...
The two observer states at the UN, the Vatican City and State of Palestine, are also not members of the World Bank. Kosovo is not a member of the UN, but is a member of the International Monetary Fund [1] and the World Bank Group, [2] both specialized agencies in the United Nations System.
World Bank Projects Leave Trail of Misery Around Globe. Evicted & Abandoned. Inside The World Bank’s Broken Promise To Protect The Poor. Ethiopia. New Evidence Ties World Bank to Human Rights Abuses in Ethiopia. Peru. How The World Bank Is Financing Environmental Destruction. India. A Power Plant Backed By The World Bank Group Threatens A Way ...
On the advice of Prime Minister Indira Gandhi, President Fakhruddin Ali Ahmed proclaimed a state of national emergency on 25 June 1975.. The Emergency in India was a 21-month period from 1975 to 1977 when Prime Minister Indira Gandhi declared a state of emergency across the country by citing internal and external threats to the country.