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 …
WORLD Bank on Tuesday launched a new catastrophe loan facility and revised an existing contingency credit line designed to help increase its business with middle-income countries. The World Bank board on Tuesday approved the Catastrophe Risk Deferred Drawdown Option that will give middle-income countries access to emergency funds in the …
The Haryana Minister for Forests, Tourism and Environment, Kiran Choudhry, said on Saturday that the World Bank and the Japan Bank of International Cooperation would provide financial assistance to Haryana worth about Rs.380 crore for different forest-related projects. Addressing a press conference here, Ms. Choudhry said a World Bank team …
Bangladesh on Thursday signed a loan agreement with International Development Association under which it will receive $62.6 million to improve agricultural productivity and farm income by revitalising the national agricultural technology system. The additional ERD secretary, Mohammad Mesbahuddin, and the World Bank acting country director, Mohamed Alhousseyni Toure, signed the …
Bangladesh yesterday signed a loan agreement with International Development Association (IDA) under which it will receive 62.6 million US dollar to improve agricultural productivity and farm income by revitalising the national agricultural technology system. Additional ERD Secretary Mohammad Mesbahuddin and World Bank acting country director Mohamed Alhousseyni Toure signed the …
The World Bank (WB) would provide 25 million dollar for Balochistan Small-Scale Irrigation Project (BSSIP), which will support efforts by the Government of Balochistan (GoB) to improve the management of scarce water resources in the Pishin Lora Basin (PLB) by reducing the overall impact of the present water crisis. The …
The public health system in Orissa is on the brink of collapse. Most government hospitals in the state are running without doctors, para-medical staff, medicine and basic infrastructure. The outbreak of cholera in Koraput last year and the recent cases of anthrax-related deaths have already exposed the weak links in …
M. Shashidhar Reddy, Congress MLA and member of the National Disaster Management Authority, on Sunday wanted the World Bank to focus on funding disaster prevention. Delivering the keynote address at the opening session of the Sustainable Development Network Week organised by the Global Forum for Disaster Risk and Recovery (GFDRR) …
Calcutta is to have a "detailed, scientific plan' to combat the effects of climate changes, courtesy a World Bank initiative. A three-member team from the bank was in town recently to kick off the project, which will use a simulated model to predict Calcutta's vulnerability to climate changes till 2050 …
World Bank (WB) has signed a loan agreement with Karnataka government for Rs 259 crore under the Project for Repair, Renovation and Restoration (RRR) of water bodies. World Bank (WB) has signed a loan agreement with Karnataka government for Rs 259 crore under the Project for Repair, Renovation and Restoration …
Chief Secretary Sudhakar Rao has said the State has sought $200 million more assistance from the World Bank for the Karnataka-State Highway Improvement Project (K-SHIP II). Rao told reporters here on Monday that the Department of Economic Affairs has already given its nod for getting a loan of $200 million …
The World Bank, admitting the competition between food and fuel crops for land and water, has asked the national governments to carefully assess economic, environmental, and social benefits and the potential to enhance energy security. In its World Development Report-2008, it said: "The challenge for developing country governments is to …
The World Bank has expressed concerns over the slow progress in the development of transgenic food staples and called for the removal of related constraints. It said that the transgenics or the genetically modified organisms (GMOs) have considerable potential for improving the productivity of smallholder farming systems and providing more …
President Bush handed out hugs and bed nets in Tanzania's rural north on Monday, saying the United States is part of an international effort to provide enough netting to protect every child under five in the east African nation. ''The suffering caused by malaria is needless and every death caused …
india is set to make another round of changes in procurement norms for health schemes funded by World Bank loans. This follows the bank's review of Indian projects running on its loans, highlighting corrupt practices in procurement of drugs and other items by the government and drug companies. While such …
some of India's critical public health schemes have a long track record of corruption. The World Bank has a long record of hiring expensive consultants to tell us so. In this cynical theatre arrives another review by the bank of health programmes funded by its loans. It tells us how …
Global carbon trading has gained momentum. The Worldwatch Institute, drawing from various studies, places the total value of the trade in 2007 at $59.2 billion, an 80 per cent increase over 2006. As the 2012 deadline for reducing emission levels approaches, the volume of carbon trading will be enormous. Asian …
Jadavpur University (JU) has once again topped among 11 private and state engineering institutions of Bengal in implementing projects under the World Bank-sponsored Technical Education Quality Improvement Programme (Tequip). JU's engineering and technology faculty, following an appraisal of the performance of the 11 institutes, has scored 916 out of 950. …
The Pune Municipal Corporation (PMC), which has been under criticism for delay in executing various development projects, has however received praise from the World Bank for its rehabilitation of the project affected people (PAP). Municipal Commissioner Praveensinh Pardeshi had recently made a presentation of the PMC initiative at a meeting …
The 24/7 water supply in the demonstration zones of Belgaum, Hubli-Dharwad has received a positive response from the consumers, according to officials. Here is a bitter pill to swallow for the NGOs which have been vehemently protesting a private agency handling the operation and maintenance of water supply in four …
THESE days China's environmental bureaucrats know how to talk the talk. They readily admit that pollution is poisoning the country's water resources, air and soil. They acknowledge that carbon emissions are soaring. If only, they lament, the government would give them the means to do something about it. For all …