World Bank planned to offer $250 million to Kerala

Last Updated: July 16, 2019

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World Bank planned to offer $250 million to Kerala
16 July 2019 Current Affairs: World Bank would offer a loan of $250 million to the Kerala Government for the Resilient Kerala project
The main aim is at enhancing the state’s resilience against the impacts of natural disasters and climate change in the wake of last year’s floods.
The World Bank recently signed a $250 million loan agreement to help Kerala enhance its resilience against natural disasters and climate change.

About World Bank
Headquarters: Washington, D.C., United States
Membership: 189 countries (IBRD)
Parent organization: World Bank Group
Founders: John Maynard Keynes, Harry Dexter White

About Kerala
Governor: P. Sathasivam
Chief Minister: Pinarayi Vijayan

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