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.
A new $10 million grant will help Lebanon mitigate the environmental and health impacts of the Beirut port explosions on the neighbouring population and support Beirut's reconstruction, the UN said in a statement.
The World Bank has announced actions it plans to take as part of a comprehensive, global response to the ongoing food security crisis, with up to $30 billion in financing in existing and new projects.
The World Bank has approved a USD 47 million projects to support the Government of India's Mission Karmayogi, a national program to build civil service capacity, the bank said in a statement.
Price increases for food commodities, of which Russia and Ukraine are large producers, and fertilisers, which rely on natural gas as a production input, have been the largest since 2008, the report noted.
On the impact of war on India's energy needs, Sitharaman said the portion of crude coming from Russia is not more than 3-4 percent.
