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KOLKATA: A major financial scam in Assam, allegedly involving several ministers and ruling party MPs, has come to light, causing embarrassment to Chief Minister Tarun Gogoi and the Congress party just as they were getting ready for the State Assembly elections next year.

LUCKNOW: Samajwadi Party and ruling Bahujan Samaj Party are facing credibility crisis for their agitation against price rise effected by wrong economic policies of UPA government led by Prime Minister Dr Manmohan Singh.

The AfDB and Cameroon on June 29, 2010, in Tunis signed an UA 10 million ADF loan agreement and a UA 5 million grant agreement.

The share of farm receipts provided by government programmes rose slightly in OECD countries last year, reversing a declining trend in state support since 2004, according to a new OECD report.

An IMF mission conducted discussions on the 2010 Article IV consultation with Belize during June 21-July 1. The mission met with Prime Minister Dean Barrow, the government's economic team, the private sector, and civil society. The cordial policy discussions focused on the economic outlook for 2010 and the medium term, and the government's macroeconomic strategy.

New York: The United Nations Children's Fund (UNICEF) has welcomed new measures announced by the Republic of Congo to boost child protection, calling them a major breakthrough for the Central African nation.

WASHINGTON — The World Bank approved today a US$ 1.045 billion loan, in two tranches, for the City of Rio de Janeiro, Brazil. The Rio de Janeiro Municipality Fiscal Consolidation for Efficiency and Growth Development Program Lending loan supports initiatives aimed at bolstering economic growth in the Municipality and improving the quality and coverage of social services, especially in low income areas. This is the first World Bank loan for the City of Rio de Janeiro and is the biggest loan to date provided by the institution directly to a municipality around the world.

WASHINGTON DC ― The World Bank Group (WBG) committed $17.9 billion in fiscal year 2010 -a slightly higher figure over last year's record lending of $17.1 billion- to support countries in Latin America and the Caribbean (LAC) as they recover from the global financial crisis and resume a path of sustained growth.

Tunis - The Board of Executive Directors of the World Bank have approved a US$50 million loan to support Tunisia's employment development program.

WASHINGTON — The World Bank has approved a credit worth US $146 million for the second phase of the Pakistan Barrages Improvement Project to rehabilitate and modernize the Jinnah Barrage, and to improve irrigation and water management.