Question
Download Solution PDF'South Asia Economic Focus' a bi-annual Economic Report is published by __________
This question was previously asked in
OPSC ASO (GK) 27 Aug 2022 Official Paper
Answer (Detailed Solution Below)
Option 3 : World Bank
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Download Solution PDFThe correct answer is World Bank.
Key Points
- The 'South Asia Economic Focus' is a bi-annual report published by the World Bank.
- This report provides an update on the economic growth and development trends in South Asian countries.
- The report highlights policy recommendations for improving economic performance in the region.
- The World Bank uses this report to assess the economic resilience of South Asian nations amid global challenges like inflation and geopolitical tensions.
Additional Information
- Asian Development Bank
- The Asian Development Bank (ADB) is a regional development bank established in 1966.
- It primarily focuses on promoting social and economic development in Asia and the Pacific through loans, technical assistance, and grants.
- IMF
- The International Monetary Fund (IMF) is an international organization founded in 1944 to promote global monetary cooperation, secure financial stability, facilitate international trade, and reduce poverty. It publishes reports like the World Economic Outlook and Global Financial Stability Report.
- World Economic Forum
- The World Economic Forum (WEF) is a Swiss-based international organization that brings together leaders from business, government, and academia to discuss global economic and political issues.
- It is best known for its annual meeting in Davos, Switzerland.
- World Bank
- The World Bank is an international financial institution established in 1944.
- It provides loans and grants to the governments of low- and middle-income countries for development projects aimed at reducing poverty and improving infrastructure and services.
Last updated on Jul 4, 2025
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