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Afghan economy growth projected at 1.5% in 2014

The World Bank in its twice-a-year report—South Asia Economic Focus—has projected a gloomy 1.5% growth rate for Afghanistan’s economy for the year 2014. Afghanistan is on the verge of a fiscal crisis, with declining revenues leading to an unfinanced fiscal

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Developing world needs to invest in infrastructure: World Bank

The World Bank in its latest report has revised down the growth forecast for economic growth this year from 5.3% to 4.5%. This is the third consecutive year of growth below 5% for the developing nations. The report suggests making

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