What is the total amount of aid package that the World Bank is set to approve for Sri Lanka, as mentioned in the information?
World Bank is to approve a substantial aid package worth $700 million to crisis-hit Sri Lanka. It would allow the largest funding tranche the island nation has received since securing a deal with the International Monetary Fund in March. The proposed funding would comprise $500 million for budgetary support, likely to be disbursed in two installments of $250 million each. Additionally, an allocation of $200 million will be earmarked for programs aimed at assisting the country's impoverished population, which has swelled to 25% in the wake of last year's severe economic crisis. In March, the International Monetary Fund approved a rescue package of nearly $3 billion. About IMF Formation: 27 December 1945 Headquarters: Washington, D.C., U.S. Managing Director: Kristalina Georgieva About Sri Lanka Capitals: Colombo, Sri Jayawardenepura Kotte Currency: Sri Lankan rupee
Which country announced USD 120 million in new loans to Sri Lanka to grow and support small and medium-sized businesses in the debt-ridden island nation?
According to a report by the government think tank NITI Aayog and the Institute for Competitiveness, ________ has among of the lowest R&D expenditur...
The Election Commission is organizing a _______ offline hackathon, Electhon 2023, to address critical issues in the electoral process being held at the ...
What proposal did the Reserve Bank of India (RBI) issue to enhance digital-payment security?
Which of the followings committee of RBI is formed with the mission of fixing the benchmark policy interest rate (repo rate) to restrain inflation withi...
The PFRDA has said that uploading certain documents will be mandatory from ______for NPS subscribers who want to exit and get timely annuity payments.
International Labour Organization has its headquarters in ?
Consider the following statements regarding Indira Rasoi Scheme-
I.This scheme was launched by the Karnataka Government.
II.This scheme ai...
Recently the US has announced the funding of what amount to top three Indian medical research institutions- ICMR, National Institute of Virology and Nat...
Which state's chief minister is YS Jagan Mohan Reddy?