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    Tag:World Bank

    World Bank: $300 Million IDA Loan for Pakistan Clean Air Programme

    The programme would also develop an integrated pollutant and a greenhouse gas (GHG) emissions inventory system to provide a comprehensive approach to tracking and managing emissions data.

    India’s Demographic Dividend at Risk: World Bank Urges Immediate Labor Reforms for High-Income Ambition

    A central concern of the report is India's underutilized demographic dividend. Despite having a large working-age population, the country's labor force participation rate stands at a mere 56.4 percent, significantly lower than its peers.

    Sri Lanka: Private Sector Engagement in Climate-Smart Agriculture a Necessity

    The climate-smart agriculture concept reflects the ambition to improve the integration of agriculture development and climate responsiveness.

    Sri Lanka: President Dissanayake Seeks World Bank Help

    Sri Lanka's recent economic performance has shown resilience, but challenges persist. The World Bank cautioned that macroeconomic stability is contingent on the consistent implementation of fiscal, financial, and monetary policies.

    UK’s Richest 10 Per Cent Extracted Half of India’s Wealth During Colonial Rule, Says Oxfam Report

    If current trends continue, Oxfam predicts that five trillionaires will emerge within the next decade. In stark contrast, the number of people living in poverty has remained nearly unchanged since 1990.

    Pakistan Eyes Expansion in Chinese Capital Markets and Hong Kong Listings

    Pakistan is taking significant steps to deepen its financial and economic engagement with China, aiming to tap into the world’s second-largest capital market and expand corporate opportunities in Hong Kong.

    Bangladesh: Anti Corruption Body Proposes Comprehensive Overhaul

    The 2013 amendment to the Anti-Corruption Commission Act, requiring government approval to investigate politicians or bureaucrats, has been particularly criticized for stifling the ACC’s independence.

    Pakistan: Absence of Wheat Procurement Strains Farming Sector

    The Punjab government, under an agreement with the World Bank, refrained from procuring wheat, leaving growers at the mercy of market forces.

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    UN Trade Body Urges US to Exempt Vulnerable Economies from Tariff Hikes amid Rising Trade Tensions

    Despite their marginal impact, many of these countries could face tariff rates as high as 50 per cent, such as Lesotho, while Cameroon could face 11 per cent.
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    Countries Finalise Historic Pandemic Agreement After Three Years of Negotiations

    The text affirms national sovereignty in public health decisions. It states explicitly that nothing in the agreement gives WHO the authority to mandate health measures such as lockdowns, vaccination campaigns, or border closures.

    While India’s RAMSAR Sites Tally Rises, Wetlands Remain Endangered

    Conservationists, activists, and newspaper editorials in India have long been expressing concerns about the “decline” and “neglect” of wetland ecosystems across India.

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    UN Trade Body Urges US to Exempt Vulnerable Economies from Tariff Hikes amid Rising Trade Tensions

    Despite their marginal impact, many of these countries could face tariff rates as high as 50 per cent, such as Lesotho, while Cameroon could face 11 per cent.

    Countries Finalise Historic Pandemic Agreement After Three Years of Negotiations

    The text affirms national sovereignty in public health decisions. It states explicitly that nothing in the agreement gives WHO the authority to mandate health measures such as lockdowns, vaccination campaigns, or border closures.