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ADB, Japan to Support Sri Lanka with Fiscal Reforms to Promote Investment

Special Correspondent - 2010-04-15 11:12
MANILA, PHILIPPINES - Sri Lanka is getting a $50 million loan from Asian Development Bank (ADB) to continue with public finance management reforms aimed at paving the way for increased investment in underdeveloped areas, including those severely affected by conflict.

ADB Raises Assistance for Developing Asia to Improve Clean Energy Access

Special Correspondent - 2010-04-15 11:09
MANILA, PHILIPPINES - The Asian Development Bank (ADB) has boosted its technical assistance to scale up projects that provide the region's poor with better access to modern and reliable sources of clean energy.

$150 Million Emergency Loan to Sri Lanka

Special Correspondent - 2010-04-15 11:05
MANILA, PHILIPPINES - The Asian Development Bank (ADB) is providing $150 million in emergency loan to the Government of Sri Lanka for projects which will support reconstruction of urgently-needed infrastructure, restore essential services and revive livelihood opportunities for people in war-affected regions.

ADB to Support Samoa with Recovery from Global Crisis, Tsunami

Special Correspondent - 2010-04-15 11:03
MANILA, PHILIPPINES - The Asian Development Bank (ADB) is providing program loan assistance of up to $26.8 million to Samoa to help the Pacific Island nation revive its economy in the wake of the global financial crisis and devastating tsunami of September 2009.

Colombia was not severely affected by the global crisis, outlook for 2010 positive

Special Correspondent - 2010-04-15 10:59
Colombia was not severely affected by the global crisis, and the impact was cushioned by timely countercyclical measures. Overall, in the last five years, Colombia's sound policies underpinned a strong macroeconomic performance and resulted in an average economic growth of 4.6 percent, above the rest of the Latin America region.

Global downturn adversely affected economic activity and domestic demand in Burkina Faso

Special Correspondent - 2010-04-15 10:52
A mission from the African Department of the International Monetary Fund (IMF) visited Ouagadougou during March 25-April 9, 2010 to conduct the sixth and final review of the authorities' economic and financial program supported by the IMF under the Extended Credit Facility (ECF), and reach understandings on a policy framework for a three-year program under the ECF.

CAMPAIGN TO COMBAT MATERNAL MORTALITY ANNOUNCED

Special Correspondent - 2010-04-15 10:46
New York: With hundreds of thousands of women and girls dying in pregnancy or childbirth every year and 10 to 15 million more suffering long-lasting disabilities, the United Nations has announced steps for a multi-pronged campaign to fight the scourge.

NEW UN STUDY URGES SUSTAINED MOMENTUM TO TACKLE HUMAN, ANIMAL INFLUENZA THREATS

Special Correspondent - 2010-04-15 10:41
New York: While there has been substantial global progress towards pandemic preparedness in recent years, it is vital to maintain that momentum to respond effectively to existing and possible future threats, according to a new study by the United Nations and the World Bank.

MOBILE TELEPHONES MORE COMMON THAN TOILETS IN INDIA

Special Correspondent - 2010-04-15 10:32
New York: More people in India, the world's second most crowded country, have access to a mobile telephone than to a toilet, according to a set of recommendations released today by United Nations University (UNU) on how to cut the number of people with inadequate sanitation.

ON HEELS OF NUCLEAR SECURITY SUMMIT, UN ATOMIC WATCHDOG SEEKS MORE FUNDING

Special Correspondent - 2010-04-15 10:29
New York: The United Nations agency that plays a leading role in trying to stop terrorists getting their hands on nuclear materials is seeking greater funding to carry out its task following this week's Washington summit on nuclear security.