The Biden administration has nominated Ajay Banga as the U.S. candidate for World Bank president, signaling their belief that the Bank should scale up financial support to all clients, develop a new growth vision, and support national governments in developing cooperative multilateral partnerships with other official financing institutions and private investors. As the next president, […]
. Follow us on Twitter @FTFirstFT and join our Facebook group to stay up to date. This week, Joe Biden nominated former Mastercard chief executive Ajay Banga as World Bank president. The nomination comes as the US and other shareholder nations seek to expand the bank’s development remit to include the fight against global warming. […]
KARACHI: President Dr Arif Alvi met with OPay CEO Zhou Yahui at the Presidential Residence in Islamabad where both sides exchanged in-depth ideas. The ideas include ‘the development prospects of the digital economy in Pakistan, how OPay’s Fintech technology can help Pakistan realise “de-cashisation,” and how to use Artificial Intelligence (AI) to embrace the digital […]