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.
According to the World Bank, the Indian economy continues to grow at a healthy pace and the country's medium-term outlook remains positive.
This revision comes amid expectations of stronger economic performance, driven by key factors such as private consumption and investment.
With the blueprint finalized and World Bank support secured, the project is poised for implementation, officials here on Sunday said.
As a result, the unfinished roads and buildings were damaged and cost escalated to an enormous amount. The credit ratings of Amaravati bonds were affected negatively. The brand image of the state suffered and the confidence of investors was shaken.
The World Bank's Board of Executive Directors has approved two projects totalling $900 million to help Bangladesh strengthen fiscal and financial sector policies and improve urban infrastructure and management to ensure sustainable and climate-resilient growth.
