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.
"But the good news basically ends there,” Indermit Gill, World Bank chief economist, said on Wednesday.
According to the World Bank, India is expected to grow at 6.4% in FY25 and 6.5 in FY26.
The World Bank has issued a stern warning that Pakistan’s present economic model can no longer be successful in alleviating…
Forty-seven years journey completed in six years!
A 20-member WB delegation said noted that infrastructure development, industrialisation, garbage disposal, poverty alleviation, planned urbanisation, environmental protection, etc. have been done in the state in the last six years.
