International Bank for Reconstruction and Development

World Bank to issue SDR bonds in China

China's central bank today permitted a division of the World Bank to issue bonds denominated in special drawing rights (SDR) in the country's interbank bond market.

Aug 12, 2016, 20:14 PM IST

Developing nations' share in IBRD, IFC should be 50%: Jaitley

Seeking reforms in IMF and World Bank to reflect a larger say for economies like India, Finance Minister Arun Jaitley has said the share of developing and transition countries (DTCs) in the multi-lateral lending agencies IBRD and IFC must be raised to 50 per cent.

Apr 17, 2016, 17:06 PM IST

Developing nations' share in IBRD, IFC should be 50%: Jaitley

Seeking reforms in IMF and World Bank to reflect a larger say for economies like India, Finance Minister Arun Jaitley has said the share of developing and transition countries (DTCs) in the multi-lateral lending agencies IBRD and IFC must be raised to 50 per cent.

Apr 17, 2016, 17:06 PM IST

India asks World Bank to increase dev fund to USD 100 bln

 India today asked the World Bank to increase its developmental fund to USD 100 billion a year from the existing USD 50-60 billion

Apr 17, 2016, 01:45 AM IST