World Bank President Ajay Banga on Tuesday batted for removing barriers to private sector investment, saying it is key to tackling challenges before the global economy as neither the governments nor multilateral banks have trillions of dollars in their coffers. Speaking to World Economic Forum Founder and Executive Chairman Klaus Schwab in a podcast ahead … Read more
The World Bank is working with a club of 15 finance bosses to lower the risk of investing in climate projects in emerging economies and attract private capital for cutting emissions.Ajay Banga, the World Bank’s president, said the Private Sector Investment Lab (PSIL) is focused on “figuring out a model of originate-to-distribute” that would allow … Read more
During the G20 leaders’ summit, U.S. President Joe Biden called on G20 leaders to support the World Bank and other multilateral development banks to increase their ability to support low and middle-income countries. From left, World Bank President Ajay Banga, Brazil’s President Luiz Inacio Lula da Silva, India’s Prime Minister Narendra Modi, South Africa’s President … Read more
Home Business World Bank President Ajay Banga Praises India’s G20 Presidency, Says India Sets Path For World Ajay Banga emphasised that challenges will always exist but India had shown the way by working out a consensus PM Modi with World Bank President Ajay Banga at G20 Dinner (Image: ANI) New Delhi: World Bank President Ajay … Read more
NEW DELHI: World Bank President Ajay Banga on Sunday said that India in its G20 presidency has set a path for the world and lauded that the G20 declaration was anonymously adopted by all G20 nations.“I consider the fact that there was a declaration, a tribute to the fact that the G20 leadership found a … Read more