The IMF’s April 2025 Regional Economic Outlook for Sub-Saharan Africa presents a clear warning: regional growth is slowing, debt pressures are mounting, and donor assistance is declining. Yet the report outlines critical opportunities particularly in domestic revenue mobilization, structural reform, and private sector activation that can shape a more resilient …
WB calls for new deal to fight hunger Agence France-Presse . Washington The World Bank on Wednesday called on the international community to mount a wide-ranging fight against hunger as skyrocketing food prices critically threaten the world's poor.
THE government may allow multilateral funding agencies such as World Bank and Asian Development Bank (ADB) to directly extend debt to urban local bodies (ULB). At present, the grants are routed through the central government, which passes it to the states. The move is expected to provide an alternative portfolio …
World Bank President Robert Zoellick on Wednesday called for a new coordinated global response to deal with spiraling food prices exacerbating shortages, hunger and malnutrition around the globe. Speaking ahead of International Monetary Fund and World Bank meetings in Washington next week, Zoellick said the global food crisis now required …
By Raphael Minder in Hong Kong, John Aglionby in Jakarta,,Amy Yee in New Delhi, and Daniel Ten Kate in Bangkok For years, farmers in the remote village of Pallantikang on the Indonesian island of Sulawesi relied on middlemen to sell their produce and found themselves largely isolated from the realities …
Over three months after the Station Area Traffic Improvement Scheme (SATIS) along with construction of three road overbridges was delinked from the scope of the World Bank-aided Mumbai Urban Transport Project (MUTP), the fate of these projects remains uncertain. According to Metropolitan Commissioner Ratnakar Gaikwad, the Government is now awaiting …
In India, as elsewhere, protected areas (PAs) have permanent resident populations who are historically dependent on forest resources for their livelihood. The Buxa Tiger Reserve (BTR), in the northern part of West Bengal, is one such reserve forest where villagers have been residing for more than a 100 years. With …
Rapid growth is exacting a heavy environmental price----------- China will not continue to grow at the same pace as it has done recently, or suck in as many raw materials, if its leaders get their way. The nth Five-Year Plan, which lays out their main economic goals for the period …
While replying to a question in the Budget session of Assam Assembly on March 24, Chief Minister Tarun Gogoi acknowledged that the per capita burden of the State's public debt now comes to Rs 6,806 at current prices. It means that the loan burden for a family on an average …
Power Grid Corp, the country's largest power transmission utility, on Friday said it has signed agreements with World Bank and Asian Development Bank (ADB) for two loans of $600 million each for funding projects. The loan from ADB is a part of the bank's newly introduced multi-tranche financing facility (MFF), …
The judgment one reaches on what the current year's Budget will do for farmers will vary depending on whether its provisions are seen as a sui generis exercise or are viewed within a longer term perspective that encompasses an awareness of the continuing and relentless drive to implement neoliberal policies …
World Bank yesterday approved a US$65.33 million credit for Sri Lanka to improve the operational efficiency of some 80 ageing dams and to establish sustainable institutional arrangements for safety management and operations and maintenance of major dams in the country. Under the Dam Safety and Water Resources Planning Project improving …
It is raining and Tirana's main rubbish dump in the Sharra valley, about five kilometres outside the capital, is covered in sticky mud. However, for Ardian Alu it is business as usual. Together with his two young sons, Mr Alu, a member of Albania's Roma community, sifts through piles of …
It is not possible to totally stop the water in the WASA's supply line from being made dirty due to lack of continuous and full pressure of water in the pipeline which results in the seeping in of waste into the pipes due to negative pressure, said LGRD and cooperatives …
Contrary to official claims, the World Bank and the Asian Development Bank (ADB) say that poverty has increased in Pakistan since 2004 and the new government should take the issue seriously. Sources told Dawn on Thursday that the banks planned to offer $600 million conditional funding to the new government …
Provincial Irrigation Minister Senator Dilawar Abbas met Caretaker Chief Minister Punjab former Justice Ejaz Nisar at Chief Minister's Secretariat here Tuesday and gave him a detailed briefing regarding ongoing projects in irrigation sector. Former Justice Ejaz Nisar said that huge funds were being spent on strengthening of irrigation sector for …
The fifth (2005) round of the World Bank's International Comparison Program, which produces estimates of the gross domestic product at purchasing power parity prices, has been the most extensive and carefully monitored project so far. The preliminary estimates were noticeable for the large downward revisions of GDP estimates of China …
When economist Carl Pray heard about plans for the first international assessment of agricultural research, a gold standard sprang to mind: the Intergovernmental Panel on Climate Change (IPCC). But things didn't turn out the way he expected.
The Wild Ass Sanctuary in Little Rann of Kutch has been selected by Centre for Biodiversity Conservation and Rural Livelihood Improvement project. The project will be funded by World Bank and Global Environment Fund (GEF). Officials said accordingly, a project for six years has been prepared and submitted to the …
