Reforms in states
The first generation of fiscal reforms in the states started with the enactment of Fiscal Responsibility and Budget Management Acts (FRBMA) between 2006 and 2010 at the prodding of the 12th Finance Commission.
The first generation of fiscal reforms in the states started with the enactment of Fiscal Responsibility and Budget Management Acts (FRBMA) between 2006 and 2010 at the prodding of the 12th Finance Commission.
The World Bank (WB) has warned that climate change could erode up to 12 per cent of Zimbabwe's Gross Domestic Product (GDP) annually if the country does not implement robust measures to tackle the phenomenon.
Zimbabwe's economic outlook is positive, with growth expected to increase to six per cent in 2025, up from two per cent last year on the back of an anticipated recovery in agriculture and robust growth in industry and services, the World Bank (WB) said Friday.
India's fiscal deficit is expected to shrink further, on the back of growing tax revenues, according to a World Bank report.
A spokesperson of the University said here on Thursday that this prestigious recognition was awarded in accordance with the ISO/IEC 17025:2017 standard, confirming the lab’s compliance with general requirements for the competence of testing and calibration laboratories.
As per the data, the share of high-income countries with high inflation has also increased sharply, with about 85.7 percent experiencing severe hikes in food prices.
The World Bank's Board of Executive Directors today approved a loan of USD 150 million to the Indian state of Punjab to help the state better manage its financial resources and improve access to public services. The loans have a maturity of 15 years including a grace period of 6 months
Global growth is slowing sharply, with further slowing likely as more countries fall into recession, says World Bank Group President David Malpass.
While India’s studied silence on Teesta has disappointed Dhaka, Mr Modi’s pledge to discuss the economic issue has been generally welcomed by the Bangladesh delegation.
To its credit, the Hasina Administration has spoken out unequivocally against such attacks and crackdowns have been launched albeit with mixed results.
