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.
Notably, apparel constitutes more than 80 per cent of Bangladesh's total export and it is mainly exported to developed countries.
The controversial statement also aims to belittle Bangladesh’s electoral practices as the world at large might be led to think that elections in Bangladesh are not fair.
By ignoring long-standing issues in the pursuit of growth, suddenly the country is back to the era of rolling power cuts, with the taka and the forex reserves under pressure.
“Until an adequate macroeconomic policy framework is in place, the World Bank does not plan to offer new financing to Sri Lanka,” the global lender said in a statement.
The bank promptly identified King as the source of the information, put him on administrative leave for two years, before firing him on Christmas Eve in 2010.
