This slump is largely attributed to domestic unrest, contractionary monetary and fiscal policies, and a broader climate of uncertainty that has discouraged both foreign and domestic investment.
This enhanced support from ADB is expected to catalyse efforts to promote sustainability, strengthen infrastructure, and improve the quality of life for communities across Bangladesh.
Beyond the budget support, the World Bank has approved $379 million for the health and nutrition sector and $280 million for the development of the water supply system in Chattogram.
The agreements mark a crucial milestone in Nepal’s journey toward sustainable development, signalling a commitment to innovation and resilience in the agricultural and climate sectors.
Given women’s role in monitoring water supply systems, the project will build the capacity of women, including those from vulnerable households, in operating and...
The report outlines several ways development finance can be used to prevent and respond to displacement. Multilateral development banks can support and encourage displacement-inclusive...
A call for continued collaboration among government bodies, industry leaders, and international organisations was underscored, emphasizing the need for innovative financing models and regulatory...
One should, nevertheless, keep in mind that war is horrific. It is most often not the answer. When it is, it is always the very last resort after all other means to resolve adverse situations have been well and truly exhausted.
Tourism, one of Sri Lanka’s key economic drivers, is set to receive $200 million. These funds will be used to protect and enhance natural and cultural heritage sites, create employment opportunities, and ensure local communities benefit directly from tourism revenues.
One should, nevertheless, keep in mind that war is horrific. It is most often not the answer. When it is, it is always the very last resort after all other means to resolve adverse situations have been well and truly exhausted.
Tourism, one of Sri Lanka’s key economic drivers, is set to receive $200 million. These funds will be used to protect and enhance natural and cultural heritage sites, create employment opportunities, and ensure local communities benefit directly from tourism revenues.