World Bank

Sub-Saharan Africa’s Economic Outlook 2025: Navigating Uncertainty and Aligning Policy for Sustainable Recovery

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 …

Gay ire

Penguins

Clear as mud

clouds of uncertainty shroud the future of the Indus Water Treaty (iwt) between India and Pakistan, with its arbitrator, the World Bank (wb), shying away from intervening in a dispute related to the treaty. Following the failure of the recent secretary-level talks between the two countries on the controversial Baglihar …

Classified

India says the Baglihar project doesn't violate the Indus Water Treaty (IWT) but Pakistan claims it does. What is the truth? Hardly anybody has read or has access to the details of the negotiated IWT document. Thus, even after nearly 45 years of the treaty's existence, the World Bank (WB) …

The long and winding road

The chaos on the roads is choking the growth of India's IT capital, Bangalore You just cannot build a competitive economy with pot-holed roads, erratic power supply, choked ports, dirty cities and thirsty villages. It is a bit like batting on a bad wicket: you may be good, but the …

Barpak gets a Ropeway

Watching the iridescent roller bird flash in the sun and take off, one might wonder where it is going. What would it encounter on its leisurely journey as it sweeps across ridges of rugged mountains, dips down into fields of paddy, past village ponds and thatched huts, resuming through inaccessible …

Dam over troubled waters

The 450-megawatt Baglihar hydel power project threatens to pour cold water on the warming relations between India and Pakistan. Pakistan says the project, on the Chenab river, violates the provisions of the World Bank-brokered I960 Indus Water Treaty between the two countries. On January 18, Pakistan moved the bank to …

Brick by brick

Even as relief work continues in areas devastated by the tsunami, the corpus of the Prime Minister's National Relief Fund has quietly swelled to around Rs 500 crore. The money is said to be the largest corpus ever collected through the fund. This is just money that has been sent …

Looming largesse

a multi-state World Bank (wb) loan for some tribal populations in India is in the pipeline, making it the first time the country might receive such a loan. The loan is to focus on the central Indian tribes that depend on forests for their livelihood. The money will be distributed …

Phew!

In late September, Richard Feachem of the Global Fund for aids, tb and Malaria (gfatm) visited India, only to be embroiled in a controversy when the media fell upon statements he made regarding India having overtaken South Africa as the world's no 1 country with hiv/aids cases. So, while the …

Stingy lenders

the World Bank and the International Monetary Fund (imf) have rejected a proposal by the uk to increase debt relief to Africa for helping it achieve its Millennium Development Goal (mdg) targets. At the annual meeting of the two bodies on October 2, 2004, Gordon Brown, uk's chancellor of the …

Junk CAS

On September 22, 2004, the World Bank (wb) officially unveiled its Country Strategy (cas) for India. That very day, a draft critique of the bank’s strategy

Feeling foul

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A matter of perception

WHAT constitutes authentic action on air pollution in India? If the World Bank is to be believed, it is a supine combination of objective data analysis and subjective anthropological speculation. The bank has prepared a study, yet to be released, that analyses ambient air quality in key Indian cities: air …

G strings

International relations have historically been characterised by coalitions of nation states. Even the present day un was born out of the deliberations of a post World-War ii (ww-ii) coalition of nations. Today, we have a plethora of coalitions

Shifty?

The World Bank Group will increase its lending to India over the next four years. The bank's executive directors approved an annual target of us $3 billion on August 26 in Washington dc, usa. It will be invested in infrastructure projects, human development and on securing rural livelihoods. Two policy …

Fund game

Several years back, I mentioned to an editor of an environmental magazine that I was associated with a project under the World Bank- sponsored India Eco-development Programme (iedp). He immediately flew into a fit of rage. "Apologise immediately in writing,' he said. "And resign immediately from iedp, else I will …

In Short

unique protest: In a potent symbolic gesture equating a dangerous pesticide with the atom bomb, a Quit India Endosulfan march was organised in Kerala on August 6

Devolution is bankrupt

A World Bank report on fiscal decentralisation to Panchayati Raj Institutions (pris) has reinforced the argument that decentralised governance in India will not work without genuine fiscal decentralisation. India: Fiscal Decentralization to Rural Governments analysed fiscal decentralisation in Kerala and Karnataka

In Short

mad cow victim: Florida-based Charlene Singh, 25, suffering the only known instance of the human form of mad cow disease in the US, died recently. She was ill since 2001. She suffered from the variant Creutzfeldt-Jakob disease, a brain-wasting illness caused by eating processed food made from cattle with bovine …

Green deal

The World Bank (wb) has issued a letter of intent for the purchase of 8 lakh tonnes of carbon credits from the Visakhapatnam-based Institute for Solid Waste Research & Ecological Balance (inswareb). The purchase from the fly ash, lime, gypsum (fal-g) brick and block industry will result in earnings to …

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