South Asia has experienced a long period of robust economic growth, averaging 6% a year over the past 20 years. This strong growth has translated into declining poverty and impressive improvements in human development. Read More »
April 23, 2014 — Confident that youth can find innovative solutions to the challenges they face, the World Bank and Microsoft are launching a call for proposals for a South Asia Regional Grant Competition related to coding skills.
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April 22, 2014 — Sri Lanka today became the first South Asian country to access an innovative form of World Bank financing that provides immediate payouts after a major catastrophe such as a tsunami, cyclone or flood.Read More »
April 9, 2014 — The World Bank is cautiously optimistic about economic prospects in South Asia in 2014 because of growing exports and investment as it emphasized that the risks to growth were becoming more domestic. Read More »
March 24, 2014 — Growth in South Asia rose to an estimated 4.6 percent in 2013 from 4.2 percent in 2012 on a market price-calendar year basis. Growth was, however, well below its pre-crisis pace.
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The World Bank Group’s new Country Partnership Strategy will guide its support to India from 2013 through 2017. A key feature of the new strategy is a significant shift in support toward low-income states, where many of India’s poor and disadvantaged live.Read More »