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 …
the World Bank's (wb) staff appraisal report (sar) of the Orissa Power Sector Restructuring Project (opsrp) of April 19, 1996, seems to have emerged as a bundle of contradictions as far as the Indravati hydropower project is concerned. Orissa is the first state in India to get a wb aid …
current and future us and World Bank (wb) investments in Orissa are facilitating a battery of environmental, public health-related and social crises, according to a recent report by the Washington d c-based Institute for Policy Studies (ips). The wb loans will help transform the eastern Indian state of Orissa into …
before the Group of Seven (g-7) summit began on June 27 in Lyon, France, there was considerable brouhaha over the world's richest countries trying to persuade the World Bank (wb) and the International Monetary Fund (imf) for a new debt relief plan in order to assist the eight to 20 …
• The Indian Oil Corporation will be penalised by the Calcutta Port Trust for the oil spill at Haldia barge jetty on May 30-31. The port authorities said that the incident was not an accident but a case of gross negligence. • Dunlop India's tyre manufacturing factory at Sahagunj, West …
FROM July 1 onwards, companies will be able to call a single number at the World Bank's (WB) Washington Dc headquarters to enquire about possible loans, political-risk insurances or credit guarantees for business projects in developing countries and the former Soviet bloc. These services for private companies are offered by …
DYE TEST: In order to upgrade 37 laboratories identified country-wide to test for azo dyes, the Planning Commission has released a sum of Rs 15 crore, while a Rs six crore grant has been announced by Germany to set up a state-of-the-art laboratory in Noida. Azo dyes, used in leather …
A letter of protest Was written on May 9, to the World Bank (W8) president James Wolfensohn, by the International Rivers Network and the human rights group Witness for Peace, calling for an independent investigation into the WB's involvement in the building of Guatemala's infamous Chixoy dam, which saw hundreds …
'Species 2000' is the latest UN/World Bank venture to take an integrated look at the world's biodiversity. The current tally puts the total number of plants, animals, fungi and other microorganisms at about 13.5 million species; estimates had varied anywhere between seven to 20 million. The new venture proposes to …
THE simple shield of a net soaked in insecticide could save thousands of children from becoming targets of malarial carriers, reveals a study backed by the World Health Organization (WHO), the United Nations Development Programme and the World Bank. Extensiv6 studies in Kenya, Ghana and Gambia where bednets impregnated with …
The announcement of the 10- year long, us $25 billion Africa Development Initiative comes as a much needed helping hand for a continent sinking into the quagmire of increasing debt and poverty. The joint programme involving the World Bank, the International Monetary Fund and its own agencies, aims at setting …
NATURE which inspires keen sentiments in many a poet and environmental activist, is now the subject of an annual report of the World Bank (WB) group. Reading the tedious report, one gets the impression that institutions concerned with the environment are now all- pervasive. Indeed, the report is an outcry …
THE World Bank's (wB) staff have recently prepared a report -Mainstreaming the environment -docu- menting the progress made by the Bank in its effort to emerge as an active partner in implementing the Rio commitments for devel- opment which is environ- mentally sustainable. It is primarily an annual exercise which …
MUCH water has flown under the bridge ever since the Flood Action Plan (FAP) - jointly developed by the World Bank (WB) and the Bangladesh government - was launched in 1988 in Bangladesh. The FAP can be fruitfully implemented only if its coordinators succeed in involving the people: this verdict …
Frequent floods has left the Bangladeshis in a state of utter despair. Pitching in to help is the World Bank which recently announced the approval of a US $121.9 million credit. The credit will be used mainly to protect the river banks from erosion and also to build institutions devoted …
The sudden decision of the World Bank (WB) to revoke the decision to shift the tribals inside the core areas of the Simlipal Tiger Reserve (STR), recently put the district administration and the state government in a tight spot. A state forest department official said, "First, the Bank told us …
D Southgate and H L Clark pointed out that "the present conservation paradigm, was "an attempt to transplant national parks, a rich country institution, to an alien setting", and that 'traditionally, defined, a park is a natural area where no people ... live or work". Using the example of the …
Ivory Coast has one of the best telephone networks in Africa, yet, the Internet revolution seems to have swept past it. In fact only 12 of Africa's 54 countries are linked to the Internet, raising fears in international policy circles of a further marginalisation of the continent. The two major …
A change of attitude pertaining to the I of transportation is currently mg moo European countries. The lb ww on giving a boost to the ,, somiport system, rather than No* an using individual cars for IMOr this looks good on paper, qown obstacle yet would be in JV dw …
Everyday, some 40,000 people die from hunger-related causes. In the 47 'least developed' countries, 10 per cent of the world's population subsists on less than 0.5 per cent of world's income. Over a billion people are compelled to live on less than a dollar a day. And the strain on …
