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.
Sri Lanka has recorded an overall of 508,672 confirmed Covid-19 cases and 12,376 deaths.
A state government official said the negotiation committee under the chairmanship of principal secretary, urban development Rajneesh on behalf of the state government negotiated the project for seeking financial assistance of Rs 1168 crore from the World Bank with the Department of Economic Affairs (DEA).
The World Bank has dropped a popular report that ranked countries by how welcoming they are to businesses, after being accused of using a sloppy methodology and of succumbing to political pressure.
According to the new Prime Minister Najib Mikati, his cabinet is formed of specialists who are keen to stop the country's current collapse by dealing with urgent issues, including the negative repercussions of lifting subsidies.
The World Bank intends to finance the state government towards the cost of the "Women's Empowerment and Inclusive Social Protection Programme" and apply part of the proceeds for consulting services.
