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 United Nations Centre for Human Settlements (Habitat) and the World Bank joined hands to launch the Cities Alliance, a bold new initiative designed to improve the efficiency and impact of urban development cooperation. Originally conceived by the Acting Executive Director of Habitat, Klaus Toepfer, the Alliance is a multi-donor …
The Government proposes to launch a National rural housing and habitat mission to bring in a new sense of seriousness with emphasis on fixed goals amid clear time frames.
IMF: The International Monetary Fund(IMF) has said that a gross domestic product(GDP) growth of 8 per cent will give impetus to poverty eradication in India.
Governments were warned to rethink the way they deal with international issues to boost global benefits in areas such as disease control, pollution reduction and crisis prevention. A study for the United Nations Development Program (UNDP) said : "Global concerns are penetrating national agendas and national concerns are becoming the …
International goals to cut African poverty in half by 2015 are unlikely to be achieved, the UN's Economic Commission For Africa (ECA) has warned. According to the organisation's 1999 economic report, sub-Saharan Africa faces a financing gap of almost 14 per cent of gross domestic product to achieve annual growth …
It has stopped getting better. In the past five years, economic and financial instability, low commodity prices, falling levels of aid, widespread civil wars and steady population growth have meant that more and more people are poor. This week, the World Bank published its annual report on the state of …
Ms. Rangashri Kishore, a librarian with the UNICEF Library and Documentation Centre here, has been selected for the 1999 Exceptional Service Award of the Association of Specialised and Cooperatives Libraries Agencies of the American Library Association.She is being given this award in recognition of her work for the cause of …
Emerging market financial crisis, uncertain prospects for the former Soviet economies and the spread of HIV/AIDS in Africa mean that progress towards human development is in danger of stalling after a generation of improvement, the World Bank warned. Publishing its annual compendium of World Development Indicators, the Bank predicted that …
Argentine archaeologists have disvoered the mummy of a baby wrapped in leather and straw in a cave in the northwestern province of Catamarca, where the dry Andean mountain ari preserved it for 1,500 to 2,000 years.
The National Bank for Agriculture and Rural Development (NABARD) sanctioned Rs 121 crore to J&K; during 1998-99 under the Rural Infrastructure Development fund (RIDF) . This includes Rs 59 crore for Jammu region, Rs 55 crore for Kashmir region and Rs 7 crore for Ladakh region. The NABARD has sanctioned …
Mark Malloch-Brown, a vice-president of the World Bank, was chosen to lead the UN Development Programme, the largest UN agency, with a $1 billion annual budget. The decision was made by UN Secretary General Kofi Annan.
The World Trade Organisation (WTO) has rejected India's stand justifying Quantitative Restrictions (QR) on imports on the grounds of balance of Payment (BOP) in its trade dispute with the US and has asked the two countries to negotiate a time frame to dismantle the curbs.
For the third year in a row, the Madhya Pradesh Government machinery is going through the annual ritual of the Gram Sampark Abhiyan (village contact campaign).This campaign which began today, will be on till April 12.
On the last day of the Budget session on Tuesday, the Gujarat Assembly unanimously adopted a bill replacing the Urban Land (Ceiling and regulation) Act 1976. The Revenue Minister, Mr Vajubhai Vala, and assured that a land bank and a 'shelter fund' for the urban poor would be set up …
The use of trade sanctions against goods produced by child labour in the developing world could be counterproductive and actually increase the hours worked by children, according to new research. Dr Sonia Bhalotra, a economist at the University of Bristol, said her research suggested child labour was driven by poverty …
In a path-breaking move, the Madhya Pradesh government will soon give people of the state the right to recall elected panch and sarpanch after the person has completed two-and-a-half years of his five-year term. Mr. Digvijay Singh also announced that his government has decided to introduce a new concept of …
in his budget speech on February 27,1999, Union finance minister Yashwant Sinha announced the abolition of the five per cent additional customs duty on all foreign ships that are brought to the country for scrapping. Obviously, the government is trying to boost the scrap steel industry. This particular step might …
The North-eastern Development Finance Corporation Limited has sanctioned nine new projects for the six states of the region. The assisted sectors include thinner and rubber chemical, healthcare, poultry, silencer manufacturing unit for two wheelers, ginder dehydration and tung oil extraction and orchids in Assam, Arunchal pradesh, Tripura, Mizoram, Meghalaya, and …
