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Donor countries and agencies have agreed to support the International Monetary Fund’s (IMF) technical assistance in 12 low-income and lower middle-income countries, which aims to strengthen member countries’ tax policies and administration. Representatives from Germany, Switzerland, the Netherlands, Belgium, Luxembourg and Kuwait endorsed the first work plan at the inaugural Steering Committee meeting of the Topical Trust Fund on Tax Policy and Administration, which convened on April 12 at IMF headquarters in Washington, D.C.

MANILA, PHILIPPINES - Philippine President Benigno S. Aquino III today transferred 20 Asian Development Bank (ADB)-funded electric tricycles (e-trikes) to the City of Mandaluyong, marking an important first step towards a sustainable, energy-efficient transport model for the country.

KOLKATA: With the central Election Commission tightening the screws with restrictions on noise and campaigning, most parties in West Bengal have adopted new ways to reach people.

LUCKNOW: With the release of first list of 165 candidates for UP Assembly elections scheduled for 2012, Samajwadi Party and its state president Akhilesh Yadav have scored points over rivals BJP, Congress, BSP and RJD.

MANILA, PHILIPPINES - The Asian Development Bank (ADB) is providing $45 million to strengthen Tajikistan's social protection spending programs and public financial management.

WASHINGTON, DC – Today the World Bank’s Board of Executive Directors has approved a grant of $4.2 million from the Global Environment Facility (GEF) to demonstrate both the local and global environmental benefits of the green truck technology to more than 500,000 truck operators in Guangdong Province of China.

New York: The United Nations today celebrated the first annual International Day of Human Space Flight, marking 50 years since Russian cosmonaut Yuri Gagarin made history by becoming the first human to travel into outer space.

New York: The panel of experts set up to advise Secretary-General Ban Ki-moon on accountability issues with respect to the conflict in Sri Lanka today delivered its report to the United Nations chief, who is sharing a copy with the Government prior to making it public.

WASHINGTON — With a record 210 million people out-of-work worldwide and employers reporting too few workers to hire with the right skills, the World Bank Group today appealed to governments, donors, community leaders, and employers to focus more on education that prepares young people for the jobs market rather than on the time they spend in school.

WASHINGTON, DC – Today the World Bank Board of Executive Directors approved a new loan of $100 million to the People’s Republic of China to support improvement of inland waterway transport infrastructure to meet growing transport demands.