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Ajay Banga

International

World Bank could provide up to US$100 billion for countries hit by war

“My only advice to everyone is don’t be in too much of a hurry to respond or judge,” says World Bank President Ajay Banga.
International

World Bank president cautions against hasty reaction to Trump policies

“We’ve examined the challenges from every angle – how to increase food production, boost productivity, and resolve issues around water scarcity, fertilisers, infrastructure, and financing,” says World Bank Group President Ajay Banga.
Banking & Finance

World Bank to double agricultural commitments to US$9 billion a year by 2030

Banga says the World Bank will launch a new enterprise-wide platform for loan and insurance guarantees that puts it on a path to more than triple its guarantee issuances to US$20 billion by 2030.
International

World Bank chief pushes internal reforms at spring meetings

The opening session of Saudi Arabia's Future Investment Initiative conference in Riyadh, Oct 24, 2023. Banking titans warned that the war between Israel and Hamas could deal a heavy blow to the global economy.
International

Israel-Hamas war threatens world economy, bankers tell Saudi forum

Ajay Banga, president of the World Bank Group, (centre) is calling on member countries to replenish the bank’s Crisis Response Window, with a goal of raising US$4 billion.
International

World Bank's Banga eyes longer, cheaper loans as mission expands to climate

“There is no doubt that we need to be a bigger bank,” says World Bank President Ajay Banga.
International

World Bank needs to get 'bigger', says president

Development advocates are calling on World Bank president Ajay Banga to make tackling global warming the priority at his first World Bank and International Monetary Fund annual meetings.
International

World Bank’s Banga faces pressure over resources, shareholder schisms

The new steps, still being discussed with shareholder countries, come on top of initial steps approved in April that will boost World Bank lending by up to US$50 billion over the next decade.
International

World Bank chief Banga unveils new plans to boost lending ‘firepower’

The Private Sector Investment Lab will be led by World Bank Group President Ajay Banga (top), working alongside co-chairs Mark Carney, the former Bank of England governor, and Prudential chair Shriti Vadera.
International

World Bank targets private financing for emerging markets

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