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The World Bank has approved a sum of $102 million in financing for a project that aims to enhance access to microcredit and support the resilience of the microfinance sector and its borrowers, particularly in the face of climate-related shocks. The financing under the ‘Resilient and Accessible Microfinance (RAM) project’, was approved by the World Bank board of directors on Tuesday, according to a news release issued by the World Bank’s Resident Mission in Islamabad. In February, a World Bank delegation visited the country to touch base on Pakistan’s economic reforms, including the privatisation agenda as a follow-up to the…
The World Bank has approved a sum of $102 million in financing for a project that aims to enhance access to microcredit and support the resilience of the microfinance sector and its borrowers, particularly in the face of climate-related shocks. The financing under the ‘Resilient and Accessible Microfinance (RAM) project’, was approved by the World Bank board of directors on Tuesday, according to a news release issued by the World Bank’s Resident Mission in Islamabad. In February, a World Bank delegation visited the country to touch base on Pakistan’s economic reforms, including the privatisation agenda as a follow-up to the…
The World Bank has approved a sum of $102 million in financing for a project that aims to enhance access to microcredit and support the resilience of the microfinance sector and its borrowers, particularly in the face of climate-related shocks. The financing under the ‘Resilient and Accessible Microfinance (RAM) project’, was approved by the World Bank board of directors on Tuesday, according to a news release issued by the World Bank’s Resident Mission in Islamabad. In February, a World Bank delegation visited the country to touch base on Pakistan’s economic reforms, including the privatisation agenda as a follow-up to the…
The World Bank has approved a sum of $102 million in financing for a project that aims to enhance access to microcredit and support the resilience of the microfinance sector and its borrowers, particularly in the face of climate-related shocks. The financing under the ‘Resilient and Accessible Microfinance (RAM) project’, was approved by the World Bank board of directors on Tuesday, according to a news release issued by the World Bank’s Resident Mission in Islamabad. In February, a World Bank delegation visited the country to touch base on Pakistan’s economic reforms, including the privatisation agenda as a follow-up to the…
The World Bank has approved a sum of $102 million in financing for a project that aims to enhance access to microcredit and support the resilience of the microfinance sector and its borrowers, particularly in the face of climate-related shocks. The financing under the ‘Resilient and Accessible Microfinance (RAM) project’, was approved by the World Bank board of directors on Tuesday, according to a news release issued by the World Bank’s Resident Mission in Islamabad. In February, a World Bank delegation visited the country to touch base on Pakistan’s economic reforms, including the privatisation agenda as a follow-up to the…
The World Bank has approved a sum of $102 million in financing for a project that aims to enhance access to microcredit and support the resilience of the microfinance sector and its borrowers, particularly in the face of climate-related shocks. The financing under the ‘Resilient and Accessible Microfinance (RAM) project’, was approved by the World Bank board of directors on Tuesday, according to a news release issued by the World Bank’s Resident Mission in Islamabad. In February, a World Bank delegation visited the country to touch base on Pakistan’s economic reforms, including the privatisation agenda as a follow-up to the…
The World Bank has approved a sum of $102 million in financing for a project that aims to enhance access to microcredit and support the resilience of the microfinance sector and its borrowers, particularly in the face of climate-related shocks. The financing under the ‘Resilient and Accessible Microfinance (RAM) project’, was approved by the World Bank board of directors on Tuesday, according to a news release issued by the World Bank’s Resident Mission in Islamabad. In February, a World Bank delegation visited the country to touch base on Pakistan’s economic reforms, including the privatisation agenda as a follow-up to the…
Google Cloud’s acquisition boosts cloud security and enhances multicloud capabilities in the AI era Google LLC announced it has signed a definitive agreement to acquire New York-based cloud security platform Wiz, Inc., for $32 billion, subject to closing adjustments, in an all-cash transaction. Once closed, Wiz will join Google Cloud. This acquisition represents an investment by Google Cloud to accelerate two large and growing trends in the AI era: improved cloud security and the ability to use multiple clouds (multicloud).Evolving cybersecurity landscapeBoth cybersecurity and cloud computing are rapidly growing industries with a vast range of solutions. The increased role of…
The Chinese national flag fluttering with the Lujiazui Financial District in the background.Vcg | Visual China Group | Getty ImagesA rally in Chinese stocks since the start of the year is prompting investors to predict that mainland shares will outperform their American peers in a sign that attractive valuations are trumping the idea of “American exceptionalism.”Last week, the S&P 500 slipped into correction territory for the first time since 2023. In contrast, the MSCI China index has gained 19% since the start of the year, to Mar. 9, according to Goldman Sachs, marking its best start to a year in…
The World Bank’s Board of Directors approved $102 million in financing for the Resilient and Accessible Microfinance (RAM) Project in Pakistan on Wednesday. As per a statement, the project aims to enhance access to microcredit and support the resilience of the microfinance sector and its borrowers, particularly in the face of climate-related shocks. The project will be implemented by the Ministry of Finance through the State Bank of Pakistan (SBP), the World Bank said. The project will be the first in a series of interventions to support the sector, to be designed and phased in close partnership with other international…