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World Bank

  • Sindh to raise water theft issue with Irsa

    The issue of theft of water from the Indus, between Chashma Barrage (in Punjab) and Guddu Barrage (in Sindh), with the help of pumping machines will be taken up in the next Indus River System Authority meeting, said Sindh Irrigation Minister Jam Saifullah Dharejo on Thursday. Talking to journalists at the irrigation rest house, he said that he had written a letter to Federal Minister for Water and Power Pervez Ashraf regarding water shortage in Sindh and requested closure of Chashma-Jhehlum Link Canal which the minister had accepted accordingly.

  • Rural road upgrading programme

    Local Government and Provincial Councils Minister Janaka Bandara Tennakoon has taken steps to provide road reforms in four Pradeshiya Sabha areas in the Anuradhapura District. Rural roads which are in a bad condition in the Pradeshiya Saba areas of Medavachchiya, Kahatagasdigiliya, Talawa and Nochchiyagama are to be underground fast reconstruction. These rural roads are reconstructed by the World Bank Funded Local Government Infrastructure Development Project.

  • WB to build on renovated home loans

    THE World Bank is funding development of new financial instruments for providing home finance to the unorganised sector in the country in the light of the subprime crisis. According to the World Bank, there was confusion that the subprime crisis was caused by loans to low-income borrowers, when actually it was dangerous lending that caused the problem.

  • World Bank to finance $256.7 million power projects

    Pakistan on Monday signed two agreements with the World Bank for making improvement in electricity distribution and transmission infrastructure worth 256.7 million dollars and water sector capacity building and advisory services for its efficient management worth 38 million dollars. The financing agreements for both projects were signed by acting Secretary of Economic Affairs Division Junaid Iqbal Chaudhry on behalf of the government of Pakistan and Country Director Yousapha B. Crookes on behalf of the World Bank.

  • G8 push for climate funds

    G8 push for climate funds

    finance ministers of G8 countries recently supported setting up multi-billion-dollar funds to combat climate change in developing countries. Civil society groups and developing countries have, however, criticized the funds placed under the World Bank, saying they might be used for subsidizing carbon-intensive technologies. They want them to be under the un Framework Convention on Climate

  • Australia falls behind on easiest greenhouse cuts

    AUSTRALIA lags behind most rich nations in taking the easiest steps to make an emissions trading scheme as cheap as possible: becoming more energy efficient at home, work and on the road. Due largely to a love of petrol-guzzling cars and an energy-intensive manufacturing sector, Australia's energy efficiency improved at only a third of the rate of the OECD average between 1990 and 2004. According to a report released today by the Climate Institute, only Canada and the US, among developed countries, use more energy than Australia on the goods and services they produce.

  • Biofuels as culprits (Editorial)

    Food is a priority for the world

  • The world's poor hunger for free trade

    Kevin Hassett / New Delhi July 09, 2008, 0:38 IST The political might of entrenched interest groups seems poised to thwart real reforms in agriculture. This week, as the Group of Eight countries meet to discuss global problems, there is one sad truth you can put your money on: The G-8 will continue to fiddle while the developing world burns. Over the past several decades, remarkable progress has been made against poverty around the globe. According to World Bank data, the number of extremely poor people shrank to fewer than a billion in 2004 from about 1.5 billion in 1981.

  • View Point: WB focus on plight of tiger

    Within a week of the release of actor Harrrison Ford's public service announcements warning against trafficking in endangered wildlife, the World Bank has joined the fight with its focus on the tiger. At a star-studded event that included actors Harrison Ford, Bo Derek, and Robert Duvall, the World Bank presented a five-point action plan to engage governments, non-governmental organizations, scientists and conservationists in strategies to save the tiger.

  • Vidisha farmers go for Basmati rice now

    Two representatives of the World Bank met the farmers at village Sunpura in Vidisha district yesterday and held discussions with them on issues pertaining to agriculture. They enquired as to what crops they take in which season, which variety of seeds they use, quantum of production, marketing of their produce and application of fertilisers and pesticides. The team was surprised to learn that a pioneer in wheat production Vidisha district has now taken to Basmati rice production and the farmers are getting attracted to orchards.

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