User: ifinews Topic: IFIs
Category: adb :: conditionalities
Last updated: May 04 2018 11:44 IST RSS 2.0
 
1 to 20 of 549    
China, Japan, South Korea stress need to resist protectionism 4.5.2018 Hindu: Diet & Nutrition
Comes in the backdrop of Trump’s talk on policies like hiking tariffs, abandoning the TPP and warning to walk away from the NAFTA.
Also found in: [+]
China, Japan, S.Korea call to resist protectionism 4.5.2018 All News-IANS Stories
The Finance Ministers and central bank Governors of China, Japan and South Korea on Friday stressed the need to resist "all forms of protectionism".
Also found in: [+]
Billions to rebuild post-quake Nepal being misdirected 23.4.2018 General News
Billions of dollars poured into Nepal after a powerful earthquake devastated the country three years ago is being misdirected towards building unnecessary new homes where old ones could have been salvaged, experts warn. Survivors of the 7.8-magnitude quake that killed nearly 9,000 people in April 2015 are being pushed to construct new buildings they do not need, casting doubt on the efficacy of the government's USD 9 billion reconstruction effort. "It is proposing the wrong solution for a lot of people," said Noll Tufani, Nepal country director for Build Change, a charity specialising in disaster-proofing. Building quake-proof homes was a condition of the USD 4.1 billion pledged to Nepal by international donors under the tagline "build back better". The government identified 708,000 families whose homes had been damaged and set up a USD 3,000 cash subsidy programme to encourage them to construct homes that would withstand future seismic shocks. Three years later, just 15 percent have .
Also found in: [+]
Pak's balance of payments worsens, likely to approach IMF next month for fresh bailout package 27.3.2018 DNA: Top News
The Pakistan Muslim League-Nawaz (PML-N) government has accepted the International Monetary Fund's (IMF) pre-condition to let the Pakistani rupee depreciate by over four percent to qualify for any fresh bailout package needed to avoid a default-like situation. Notwithstanding Adviser on Finance Miftah Ismail's statement that the government is not seeking any IMF assistance, the latter is said to have been obliged to steer through highly difficult 2017-18 and 2018-19 financial years respectively. The PML-N government is likely to take up the issue of new IMF financing in April during World Bank-IMF spring meetings in Washington D.C, in lieu of the worsening Balance of Payments (BOP). According to Ismail, he does not foresee any further downward readjustment of the currency in the near future. However, officials of State Bank of Pakistan, the central bank of the country and the Ministry of Finance have maintained that lobbyists at home and abroad are working to persuade the authorities to go for another ...
Also found in: [+]
Pak's balance of payments worsens, likely to approach IMF next month 27.3.2018 General News
The Pakistan Muslim League-Nawaz (PML-N) government has accepted the International Monetary Fund's (IMF) pre-condition to let the Pakistani rupee depreciate by over four percent to qualify for any fresh bailout package needed to avoid a default-like situation.Notwithstanding Adviser on Finance Miftah Ismail's statement that the government is not seeking any IMF assistance, the latter is said to have been obliged to steer through highly difficult 2017-18 and 2018-19 financial years respectively.The PML-N government is likely to take up the issue of new IMF financing in April during World Bank-IMF spring meetings in Washington D.C, in lieu of the worsening Balance of Payments (BOP).According to Ismail, he does not foresee any further downward readjustment of the currency in the near future. However, officials of State Bank of Pakistan, the central bank of the country and the Ministry of Finance have maintained that lobbyists at home and abroad are working to persuade the authorities to .
Also found in: [+]
Will give monetary equivalent of special status to AP: Jaitley 7.3.2018 General News
Amid an ongoing debate over according 'special status' to Andhra Pradesh, Finance Minister Arun Jaitley on Wednesday said the Centre is committed to offering the monetary equivalent of this status to the state, which will be presented as a 'special package.'"The Centre stands committed to satisfy every condition. Only variation is that after the 14th Finance Commission report, instead of formally calling it a Special Category state, we are calling it a special package, which gives the same monetary benefits that a special category state gives you," Jaitley told reporters here.However, Jaitley ruled out the possibility of political turmoil in the state resulting in an increase in the quantum of funds to be given."Sentiment does not decide the quantum of funds. The Centre has repeatedly said that we are ready to give funds. Every state in India has a right to claim central funds in the same manner. I have been sympathetic to AP because I know it suffered due to bifurcation. However, ...
Also found in: [+]
Will support 'Made in Asia' projects, says AIIB President Jim Liqun 28.2.2018 Business Standard: News Now
There was a debate if India should join AIIB. I am glad that India has become an active participant, said Jaitley
Also found in: [+]
ADB pledges USD 100 million to upgrade rural roads in Nepal 12.2.2018 General News
The ADB today said it will provide USD 100 million to Nepal government for upgrading nearly 400 km of rural roads to all-weather standards. The Rural Connectivity Improvement Project will also serve the agriculture sector and bring access to 7.5 million people in 16 districts, according to a press release issued by the Asian Development Bank (ADB) Nepal. This project is in line with the goal of the government's Agriculture Development Strategy signed in 2015 of encouraging commercial agriculture, increasing productivity, creating new rural jobs and increasing prosperity, it said. The project aims to increase transport efficiency in project areas. It is expected to improve the rural road conditions between the selected rural communities, agriculture production areas and enhance capacity of rural infrastructure agency and road users in project areas. Similarly, the ADB has also pledged to provide USD one million to restructure the Department of Local Infrastructure ...
Also found in: [+]
Many development projects miss deadlines in Kashmir 21.1.2018 General News
The development in Kashmir is a story of missing deadlines and work in progress. Many projects are under construction for the last so many years, with extensions issued to them year after year - reflecting the lack of capability of successive state governments to execute mega projects. The governments and the executing agencies blame the situation in the valley or weather conditions for not meeting deadlines - taking refuge in excuses -- which often leads to an escalation in the project costs. Kashmir valley's longest flyover from Jehangir Chowk to Rambagh here is one such example. Announced in 2009, the construction on the flyover, funded by the Asian Development Bank (ADB) at an estimated cost of Rs 359 crore, began in 2013, but the project is far from completion even after missing several deadlines. The latest was December 31, which was set by the government for the completion of phase one of the flyover -- from Tulsi Bagh to Barzulla Bridge. Then last year, the Jammu
Also found in: [+]
Local politics major roadblock for regional trade, cooperation, says Ex ADB official 19.1.2018 General News
Regional trade and cooperation between neighbouring countries is adversely affected due to local politics, said Rajat Nag, economist and former Managing Director-General, Asian Development Bank, India.
Also found in: [+]
China endorses Pak party's stand on PoK dam 18.11.2017 New Kerala: World News
China endorses Pak party's stand on PoK dam
Also found in: [+]
Tiff between 'all weather friends'? Confusion over Pakistan’s move to exclude PoK dam from CPEC 16.11.2017 DNA: Top News
Amid reports of Pakistan’s move to withdraw its bid to include Diamer-Bhasha Dam in PoK from the CPEC framework, China said on Thursday it was not aware of Islamabad’s decision but the project to connect Xinjiang and Gwadar port is “progressing smoothly for the time being”. Pakistan’s water and power development authority (Wapda) chairman Muzammil Hussain was on Wednesday quoted by the Pakistan media as saying that “Chinese conditions for financing the Diamer-Bhasha Dam were not doable and against our interests.” “I am not aware of the information mentioned by you,” foreign ministry spokesman Geng Shuang told media in Beijing when asked about Pakistan’s decision to take the dam project off the table contending that the conditions proposed by Beijing is “not doable” and goes against its interest. “I can tell you that China and Pakistan cooperation is extensive and profound,” Geng said. “As far as I know CPEC is progressing smoothly for the time being.” Briefing the Public Accounts Committee on the status ...
Also found in: [+]
Not aware of Pak's move to exclude PoK dam from CPEC: China 16.11.2017 Deccan Herald - TOP STORIES RSS FEEDS
Amid reports of Pakistan's move to withdraw its bid to include Diamer-Bhasha Dam in PoK from the CPEC framework, China today said it was not aware of Islamabad's decision but the project to connect Xinjiang and Gwadar port is "progressing smoothly for the time being." Pakistan's Water and Power Development Authority (Wapda) Chairman Muzammil Hussain was yesterday quoted by the Pakistan media as saying that "Chinese conditions for financing the Diamer-Bhasha Dam were not doable and against our interests." "I am not aware of the information mentioned by you," Foreign Ministry spokesman Geng Shua
Also found in: [+]
First cracks appear in China-Pak ties, Islamabad refuses to include dam in CPEC framework 16.11.2017 Zee News : South Asia
The Pakistani reaction comes after Beijing reportedly placed strict conditions including taking ownership of the project.
Also found in: [+]
Weak banks and corporates leave Indian economy vulnerable: IMF 11.10.2017 Latest News
Indian corporate remains highly leveraged and at high risks: IMF Counsellor
Also found in: [+]
World Bank: 250mn living in slums across East Asia, Pacific 3.10.2017 All News-IANS Stories
There are 250 million people living in poor quality housing with limited access to basic services across East Asia and the Pacific, the World Bank said in a report on Tuesday.
Also found in: [+]
Rider Ito wins 600cc category of Asia Road Racing 24.9.2017 All News-IANS Stories
Rider Yuki Ito from Japan came up with a mature ride to snatch a fine win in the premier SuperSports 600cc class as the fifth round of the Asia Road Racing Championship, hosted by the Madras Motor Sports Club, concluded at the MMRT track here on Sunday.
Also found in: [+]
Why many tribals don’t mind being ousted by dams 10.9.2017 TOI: Home
Also found in: [+]
'Odisha should transform bumper agricultural production into entrepreneurship' 31.8.2017 All News-IANS Stories
World Bank's global head for Rural Livelihoods and Agricultural Jobs Parmesh Saha on Thursday suggested that Odisha government transform the state's bumper agricultural production base into entrepreneurship by setting up more incubation centres and food processing clusters.
Also found in: [+]
Pakistan's CPEC expressway hits environment roadblock as locals protest 29.6.2017 All News-IANS Stories
The E-35, or Hazara Expressway, is a 110 kilometre under-construction expressway linking Hasan Abdal in Pakistan's Punjab province with Haripur, Havelian, Abbottabad, Mansehra, Shinkiari, Battagram and Thakot in the province of Khyber Pakhtunkhwa (KP).
Also found in: [+]
1 to 20 of 549