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 …
Pollution from China’s export manufacturers is traveling across the Pacific Ocean to reach the U.S. West Coast, according to a paper published in the Proceedings of the National Academy of Sciences. The study is the first to quantify pollution reaching the West Coast from the Chinese manufacturing sector that produces …
The project has already provided access to electricity to over 330,000 households With support from World Bank and other development partners, the government’s solar home system (SHS) programme is taking power to more than 50,000 rural households every month. Rural Electrification and Renewable Energy Development II (RERED II) Project is …
The federal cabinet on Monday accorded approval for signing of the Memorandum of Understanding (MoU) between Pakistan and India for trade of electricity. It was informed to the federal cabinet the Ministry of Water and Power had initiated negotiations with India in this regard and the World Bank has undertaken …
The government is formulating a climate fiscal framework to coordinate spending in the climate change-related activities, official sources said. The move is taken to ensure appropriate and effective use of funds in offsetting the impacts of climate change on Bangladesh, one of the countries most vulnerable to global warming. Officials …
The Sindh government is expected to get a soft loan of $86 million from the World Bank for a project to boost agricultural growth in the province. A World Bank document indicates that the loan from International Development Association (IDA) will be approved by the executive board by the end …
The project aims to build roads, water and sanitation systems, markets and bus terminals for municipal services The World Bank will give $410m credit to promote municipal governance and basic urban services in district towns and municipalities in Bangladesh. The credit from the International Development Association, the World Bank’s arm …
The Ganga Action Plan (GAP) advocates people's participation in controlling pollution of the Ganga but in reality it is not being implemented. Taking an initiative in this direction, one of the expert members of the National Ganga River Basin Authority (NGRBA) and environmental scientists at Banaras Hindu University (BHU) Prof …
United Nation climate boss Christiana Figueres urged the fossil fuel industry and investors to go green as the world continues to hurtle towards dangerous levels of warming. The science linking human activity, especially the dependence on fossil fuels, to global warming is now stronger than ever before, yet investments in …
The State Government has come up with an ambitious development programme in the road sector planning an investment of `15,000 crore during next five years. Official sources said technical assistance of World Bank has also been sought for institutionalising a sound asset management system. A proposal in this regard has …
The World Bank has approved a $500 million credit for the Rural Water Supply and Sanitation (RWSS) project in four low income states -- UP, Bihar, Jharkhand and Assam. The project, directed towards improving piped water supply and sanitation services through decentralised delivery systems will be confined to the east …
Multi-lateral funding agency, the World Bank will provide $500 million loan for water supply and sanitation projects in the rural areas of Assam, Bihar, Jharkhand and Uttar Pradesh. “The World Bank has approved a $ 500 million credit for the Rural Water Supply and Sanitation (RWSS) Project for Low Income …
A World Bank-aided initiative of the Bureau of Energy Efficiency will soon be considered for approval by the Cabinet Committee for Economic Affairs, which will is expected to cause production and sales of super efficient electrical appliances in India. CCEA will consider the proposal to let government of India provide …
The World Bank is in the process of closing trade and transport facilitation project in Pakistan, and has cancelled unused funds of $19 million provided by its affiliate, International Development Association (IDA), for the project. The $25 million trade and transport facilitation project was to improve performance of trade and …
Between 350,000 and 500,000 Chinese die prematurely each year because of the country's disastrous air pollution, says China's former health minister Buildings are shrouded in smog in China. Heavy smog has been lingering in northern and eastern parts of China since last week, disturbing the traffic, worsening air pollution and …
Multi-lateral funding agency, the World Bank will provide $500 million loan for water supply and sanitation projects in the rural areas of Assam, Bihar, Jharkhand and Uttar Pradesh. “The World Bank has approved a $ 500 million credit for the Rural Water Supply and Sanitation (RWSS) Project for Low Income …
The Cabinet on Thursday approved the Policy Guidelines for Land Management by Major Ports, 2014. Land policy is one of the most significant policy frameworks guiding the overall functioning and development of the port sector. In another decision, the CCEA also approved the $1-billion rural sanitation and drinking water proposal …
South Asia is looking at an energy abyss. Millions of its people have no access to electricity or any other energy. This has put the brakes on the high growth rates in what should have been a dynamic region. High dependence on petroleum import coupled with mismanagement of their energy …
Sixteen buildings in Simi village have collapsed as a result of land sinking due to continuous erosion by the Mandakini. Ironically, in the village, a partially destroyed house, a tin shed, and a tent can be spotted at the same premise. To add to the irony, all these are placed …
Dissolution of climate change ministry and more than 60 per cent slash in its development budget has failed to dampen the passion of its officials as they continue to take practical steps to mitigate and adapt to worsening impacts of climate change. After winning laurels for $3.8 million World Bank …