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UNICEF Urges Governments to Continue Supporting Children Amid Economic Woes
Posted by Devex Editor on 07 January 2009
UNICEF is calling on governments to maintain their support to women and children despite a possible decline in tax revenues due to the global economic slowdown, according to Deutsche Presse-Agentur. "The economic crisis has major implications for countries' economic and social resilience, and for children given their added vulnerabilities. We must not compromise their future, even as we deal with the current economic challenges," Singapore's Minister for Youth Vivian Balakri...Full Story- Posted:01/07/2009 04:28:09 AM | Email | Permalink
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World Bank to Guard India's Aid Allocation
Posted by Devex Editor on 07 January 2009
The World Bank aims to be vigilant on the use of some USD14 billion to invest in India's infrastructure programs in the next three years, the Times of India reported. The global lender will accord more emphasis on service delivery and prompt project implementation, the bank's acting country director, Rachid Benmessaoud, said. "The main issue in India is the efficiency of public spending and now when we see that the performance is not up to the mark, the response will have to be d...Full Story- Posted:01/07/2009 04:25:46 AM | Email | Permalink
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China Secures ADB Aid for Water Initiative
Posted by Devex Editor on 07 January 2009
The Asian Development Bank will lend USD200 million to help China control pollution in and expand potable water supply from the Songhua River Basin. Xinhua News Agency reported that the USD396.3 million project will help construct infrastructure and provide training in order to enhance water supply, wastewater treatment, and solid waste management in the area.- Posted:01/07/2009 04:29:24 AM | Email | Permalink
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Rice Research Institute to Scale Up Food Production in South Asia
Posted by Devex Editor on 07 January 2009
The Philippine-based International Rice Research Institute will use a combined USD29.59 million from the Bill & Melinda Gates Foundation and the U.S. Agency for International Development to increase food production in India, Pakistan, Bangladesh and Nepal, according to the Press Trust of India. To avert any food crisis in the future, the institute seeks to increase rice production by 5 million tons annually and boost the yearly income of 6 million poor rural households in the four South A...Full Story- Posted:01/07/2009 04:30:31 AM | Email | Permalink
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DFID Assists Violence Victims in Gaza
Posted by Devex Editor on 07 January 2009
The U.K. Department for International Development will release GBP4 million (USD6 million) in humanitarian assistance to war-ravaged Gaza. In a release, U.K. Secretary of State Douglas Alexander said that the funding will help the United Nations Relief and Works Agency provide food, shelter and cash assistance to violence victims as well as additional fuel to maintain the delivery of public services such as water and health care. The sum formed part of the country's USD10 million humanita...Full Story- Posted:01/07/2009 04:31:55 AM | Email | Permalink
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