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World Bank projects India’s GDP to contract 9.6% in FY21

 The World Bank on Thursday projected India’s gross domestic product (GDP) to plunge in FY21 by 9.6% revised down since its June forecast of 3.2% drop, reflecting the impact of the nationwide lockdown and the income shock experienced by households and small urban service firms. “However, there is substantial uncertainty related to the course and […]

World Bank, PMIs point to healthy global growth

World Bank, PMIs point to healthy global growth Euro zone and Chinese business activity remained strong in May while activity in Japan’s massive service sector hit a two-year high. As Sara Hemrajani reports, the latest surveys come alongside a World Bank report that sees improvement in advanced economies – but with risks from new trade restrictions. […]

IMF and World Bank Annual Meetings, Commonwealth Finance Ministers and Central Bank Governor’s Meeting

YB Minister of Finance II, Datuk Johari Abdul Ghani, led the Malaysian delegation to the IMF-World Bank Annual Meetings as well as the Commonwealth Finance Ministers and Central Bank Governors’ Meeting from 6 to 9 October 2016 in Washington D.C., United States of America. (44)

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