International Development Finance (Aid and Debt) News Monitoring

World Bank approves $108m for rural, tourism projects in K-P

Listen to article The World Bank has approved an additional $108 million in financing for two crucial development projects in Khyber-Pakhtunkhwa (K-P), Pakistan. The funding will support efforts to improve access to social services, enhance tourism, and …

World bank approves $108 million to boost roads and tourism in Khyber Pakhtunkhwa

The World Bank has approved $108 million in new funding to support key projects in Khyber Pakhtunkhwa. This includes $78 million for rural roads and $30 million for tourism development. These projects aim to improve access to services and boost local …

World Bank predicts Nigeria’s poverty rate to increase by 2027

Britain considers breaking $3.5 billion aid promise to the World Bank

Paring back Britain’s commitment to the World Bank would represent a sharp break from the past. PHOTO: AFP LONDON – Britain is considering scaling back its nearly £2 billion (S$3.51 billion) commitment to a World Bank fund for developing nations, according …

World Bank okays $108m more financing for rural access, tourism projects in KP

The World Bank (WB) has recently approved additional financing for Pakistan, amounting to $108 million to execute two projects supporting access to social services, markets and jobs in Khyber Pakhtunkhwa (KP). The international lender also greenlit $78m in …

World Bank greenlights $108m additional financing for Pakistan

The World Bank has approved an additional $108 million in financing for Pakistan, aiming to bolster infrastructure and resilience in rural and tourism sectors. According to a statement issued by the international lender, $78 million has been allocated for …

World Bank invites Hry officials for urban mobility event in Singapore

The World Bank has invited officials from Gurugram Metro Rail Ltd (GMRL) and four other Haryana government departments to participate in a knowledge-sharing event in Singapore from July 1 to July 4. The event aims to share best practices on urban mobility, …

Rice subsidies don't alleviate plight of poor Filipinos—World Bank

Liberalized rice trade in the Philippines not only pulled prices down but also benefited farmers as well as the poor, according to the World Bank. The World Bank deems short-term subsidies—like the so-called "NFA rice" of the past—as ineffective …

World Bank approves $108mn additional financing for KP projects

KITE project encouraging responsible tourism, says Kiran. Financial grant to "enable projects" to achieve objectives. Financing for KITE to help enhance tourism sector, says WB.  ISLAMABAD: The World Bank has approved $108 million in additional …

Cambodian Education Minister Joins 6th World Bank Mission Me...

AKP Phnom Penh, April 29, 2025 -- H.E. Dr. Hang Chuon Naron, Deputy Prime Minister and Minister of Education, Youth, and Sports, met on April 28 with a delegation from the World Bank, led by Ms. Tania Meyer, the World Bank’s Country Representative for …

IMF projection should not dampen economic confidence: Minister

Jakarta (ANTARA) - Minister of State Secretary Prasetyo Hadi affirmed that the International Monetary Fund's (IMF's) projection of Indonesia's economic growth at 4.7 percent this year should not dampen national spirit and optimism. In his …

IMF urges Malawi to build resilience

The International Mon­etary Fund (IMF) has urged Malawi and oth­er African countries to strengthen their re­silience to economic shocks beyond building financial buffers, as disruptions to global re­covery persist. In its latest Regional Economic Outlook …

At IMF Nigeria is winning praise, but the money isn’t flowing—this is why  

In a chartered room on the 14th floor of the NASDAQ Building in Times Square, New York, sat a high-powered mix of global finance heavyweights, investors from JP Morgan, Standard Chartered, and other top institutions. Beside them were influential members of …

Politicians have to face reality when elected

GEISHA KOW­LESSAR-ALON­ZO From lap­tops for all school chil­dren to its com­mit­ment to restor­ing pros­per­i­ty to the work­ing class, the Unit­ed Na­tion­al Con­gress made a num­ber of promis­es to the na­tion as it swept to a huge vic­to­ry in Mon­day …

Washington leans on Iraqi banks to choke Iran's dollar supply

The US is tightening its maximum pressure grip on Iran by focusing on one of the key hubs that allows Tehran access to the international financial system: Iraq. In the latest wave of tightening financial measures, Washington targeted public and private …

Why IAS 29 shouldn’t be applied for 2025 financial statement preparation – FRC

The Financial Reporting Council (FRC) has articulated clear reasons why International Accounting Standard (IAS) 29 should not be applied in the preparation of financial statements for the 2025 financial year, while affirming its commitment to continuously …

‘Nigerians keep wealth in non-monetary assets’ — FRC insists economy not hyperinflationary

The Financial Reporting Council (FRC) of Nigeria says the country’s economy is not yet eligible to be addressed as hyperinflationary due to its positive economic outlook. On January 23, the council said Nigeria does not qualify as a hyperinflationary …

Global Dollar Weakness: A Window of Opportunity for Emerging...

In 2025, the global financial landscape is undergoing a significant transformation as the U.S. dollar (USD) experiences one of its sharpest declines in decades. The dollar index has dropped approximately 9% year-to-date, marking its worst start since 1989. …

Labour’s credibility demands big new tax promises - Matthew Hooton

Act in particular should be ashamed. Ironically, the good news is that the Luxon Government will also extract more from taxpayers next year than any previous New Zealand regime. That means Willis isn’t even a medallist when it comes to sheer fiscal …

Rising Tide Capital Co-Founder and CNN Hero Alfa Demmellash releases candid conversations with U.S. community builders.

Demmellash hosts insightful conversations highlighting experts the nation desperately needs amidst trade wars, tariffs and growing economic insecurity. JERSEY CITY, NJ, UNITED STATES, May 1, 2025 /⁨EINPresswire.com⁩/ -- Rising Tide Capital (RTC)  …

Treatment Communities of America Celebrates 50 Years of Advancing Substance Use Disorder Treatment and Recovery

For five decades, Treatment Communities of America (TCA) has been advocating for effective, person-centered substance use disorder treatment. WASHINGTON, DC, UNITED STATES, May 1, 2025 /⁨EINPresswire.com⁩/ -- Treatment Communities of America (TCA), a …

While the World Debates Education Reform, $4bn Credit Union Funds Radical AI, Cash and Career App for Local Youth

$10,000 United Federal Credit Union grant for earn-and-learn app 'Life Hub' shows early signs of sound financial behaviour change in B&GC youth. AR, UNITED STATES, May 1, 2025 /⁨EINPresswire.com⁩/ -- For the 4.5% of U.S. households …

EnSpot Political Helps Slash Campaign Spending with Data-Driven Digital Outreach

WEATON, IL, UNITED STATES, May 1, 2025 /⁨EINPresswire.com⁩/ -- As the political landscape continues to grow more competitive and expensive, EnSpot Political is revolutionizing how political candidates connect with voters—delivering precision- …

Great Visuals & Family Fun: First 5 California Hosts Stronger Starts for Children Day at Fairytale Town

First 5 California (F5CA) will host a press event to kick off a Statewide Day of Action focused on children getting the best possible start to life. SACRAMENTO, CA, UNITED STATES, May 1, 2025 /⁨EINPresswire.com⁩/ -- What: First 5 California (F5CA) …

New HHS Trans Report Counters Medical Care Consensus

New Federal Report on Transgender Youth Care Advises Against Medical Care for Highly Suicidal Population NEW YORK, NY, UNITED STATES, May 1, 2025 /⁨EINPresswire.com⁩/ -- Today the U.S. Department of Health and Human Services released a report …

IPA Announces 2025 Compliance Boot Camp

Payments Organizations that Join Before July 18 to Receive Free Registration WASHINGTON, DC, UNITED STATES, May 1, 2025 /⁨EINPresswire.com⁩/ -- The Innovative Payments Association (IPA) is pleased to announce its 2025 Compliance Boot Camp, a one- …

ILL Resource Sharing Lifeline for Libraries Facing Budget Cuts: SHAREit

SAN DIEGO, CA, UNITED STATES, May 1, 2025 /⁨EINPresswire.com⁩/ -- As federal IMLS and LSTA funding comes under threat, libraries across the country are facing hard choices. Soutron Global, a leader in SaaS-based information, library, archive, …

e.Republic’s Omar Sandoval Named Top 50 Technology Professional by OnConferences

Peer-nominated award recognizes leadership, innovation, and impact across the global technology community SACRAMENTO, CA, UNITED STATES, May 1, 2025 /⁨EINPresswire.com⁩/ -- e.Republic—the nation’s leading media, market intelligence, and public- …

Les Rubin, Founder of Main Street Economics, Warns of America's Financial Tipping Point

Les Rubin Shares a Wake-Up Call for Fiscal Responsibility, Limited Government, and the Survival of the American Dream WASHINGTON, DC, UNITED STATES, May 1, 2025 /⁨EINPresswire.com⁩/ -- Main Street Economics founder, Les Rubin, is sounding the …

Texans Want Healthier Health Care Markets in Texas

Texas 2036 proposes a three-point agenda for encouraging competition and lower prices for care. AUSTIN, TX, UNITED STATES, May 1, 2025 /⁨EINPresswire.com⁩/ -- A wave of mergers and acquisitions among hospitals, insurers and private investors has …

Army Veteran Eve Bednarowicz Fusselman Shares Personal Experience in New Memoir Secrets of the Uniform

GROVELAND, FL, UNITED STATES, May 1, 2025 /⁨EINPresswire.com⁩/ -- Eve Bednarowicz Fusselman, Army veteran, and former police officer, released her new autobiography, Secrets of the Uniform: Breaking the Armor of Abuse and Harassment. The book is …

Community Involvement Highlights May 14 Meeting with Members of the Congressional Family Business Caucus

WASHINGTON, DC, UNITED STATES, May 1, 2025 /⁨EINPresswire.com⁩/ -- Family-Owned Business Leaders Share Importance of Family Businesses Supporting Local Communities, Charities with House Members; Frank Luntz Gives Insights on Changing Political …

Congressional Bill Would Lower Diaper Costs for American Families

New federal legislation would ban sales tax on diapers across the U.S. WASHINGTON, DC, UNITED STATES, May 1, 2025 /⁨EINPresswire.com⁩/ -- The bipartisan Improving Diaper Affordability Act of 2025 (H.R. 3128), reintroduced by U.S. Reps. Bonnie …

Qorvis Hosts Helping a Hero Veterans at Exclusive Butterworth’s Reception

Veterans Honored at White House Correspondents’ Weekend Event WASHINGTON, DC, UNITED STATES, May 1, 2025 /⁨EINPresswire.com⁩/ -- Helping a Hero, a Texas-based nonprofit dedicated to providing specially adapted homes for severely wounded, was proud to be a …

Rare Coin Market Soars in 2025 with Record Auction Sales and Strong Latin American Demand

Hard Asset Management Reports Unprecedented Growth in Rare Coin Demand with Collector/Investor Interest Amid Global Economic Uncertainty SAN JUAN, PUERTO RICO, May 1, 2025 /⁨EINPresswire.com⁩/ -- Rare Coin Market Soars in 2025 with Record …

States Step Up for Veteran-Owned Businesses: NaVOBA's State Tracker Shows National Progress

With billions in opportunity on the table, states are boosting support for veteran-owned businesses — and NaVOBA’s State Tracker shows who’s leading the way. LEXINGTON, KY, UNITED STATES, May 1, 2025 /⁨EINPresswire.com⁩/ -- From expanding tax …

Jordanian National Sentenced to Six Years for Threatening to Use Explosives and Attacking an Energy Facility

Hashem Younis Hashem Hnaihen, 44, a Jordanian national residing illegally in Orlando, was sentenced today to six years in federal prison for threatening to use explosives and destruction of an energy facility. A restitution hearing will be held at a future …

Raytheon Companies and Nightwing Group to Pay $8.4M to Resolve False Claims Act Allegations Relating to Non-Compliance ...

Raytheon Company (Raytheon), RTX Corporation, and Nightwing Group LLC, and Nightwing Intelligence Solutions LLC (collectively, Nightwing), have agreed to pay $8.4 million to resolve allegations that Raytheon violated the False Claims Act by failing to …

Three Members of a Prolific Chinese Money Laundering Organization Plead Guilty to Laundering Tens of Millions of Dollars ...

Two Chinese nationals and a California man, all members of a prolific Chinese money laundering organization (CMLO), pleaded guilty yesterday to money laundering charges involving drug trafficking proceeds. According to court documents, Maoxuan Xia, 29, of …