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.
The Finance Minister also suggested that multilateralism has become more critical as the world is undergoing a phase of exceptional uncertainty.
The DC-based lender's economic update for emerging markets in Europe and Central Asia said the conflict would hamper the region's industrial output, shaving 4.1 percent off its GDP.
Sri Lanka's health sector is currently facing a shortage of essential drugs due to import restrictions in place following a foreign exchange shortage.
The World Bank is calling for further grant contributions to the MDTF. In addition, Japan is linking USD 100 million in parallel financing to the support package.
The World Bank communique states that West Bengal runs more than 400 programmes which provide social assistance, protection, care services and jobs through an umbrella platform 'Joy Bangla', the state's unified delivery system with focus on vulnerable group such as women, elderly, tribal and scheduled caste, people with disabilities and those in the disaster-prone coastal regions.
