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Gold prices fluctuate,EDF blames smuggling

Export Development Fund (EDF), a subsidiary of the Reserve Bank of Malawi (RBM), says most of the country’s gold is being smuggled to neighbouring countries, leading to fluctuations in prices on the market. In a written response to a questionnaire, EDF public relations specialist Deliby Chimbalu said people are attracted by the higher prices offered
Deliby Chimbalu Development Fund Ministry Of Mining Reserve Bank Grain Malunga Malawi Government

India urges ADB not to overlook its focus on growth and shared prosperity

In Tbilisi, Georgia, at the 57th Annual Meeting of the Asian Development Bank (ADB), India emphasized the importance of focusing on poverty reduction alongside sustainable growth. Indias Vikas Sheel, speaking on behalf of Finance Minister Nirmala Sitharaman, urged ADB not to overlook its mandate on growth and shared prosperity. Despite Sitharamans absence due to Indias ongoing elections, India affirmed its support for inclusive and sustainable growth in Asia and the Pacific.
Georgia General New Delhi Nirmala Sitharaman Vikas Sheel Masatsugu Asakawa Asian Development Bank

PHL contributes US$3M to ADF to help with climate crisis

TBILISI, Georgia -- A country considered one of the most vulnerable to climate change, the Philippines, has contributed about $3 million to the replenishment of the Asian Development Fund (ADF) to help low-income countries cope with the climate crisis. Finance Undersecretary Joven Balbosa told reporters the amount is at the…
Georgia General Masatsugu Asakawa Joven Balbosa Asian Development Fund Technical Assistance Special Fund Undersecretary Joven Balbosa

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Việt Nam no longer ADF's beneficiary: a good sign for the economy

Việt Nam is no longer eligible for ADB’s Asian Development Fund (ADF) 14. Vũ Hoa TBILISI, GEORGIA — Việt Nam's ineligibility for ADB's Asian Development Fund (ADF) 14 is a positive indication for the country, given its already high income level, said Tomuyuki Kymura, Head of the bank’s Strategy and Policy Department. The ADB and donors have reached an agreement to replenish the ADF 14 and Technical Assistance Special Fund (TASF) 8 with a total of US$5 billion. The commitment w...
United States Tomuyuki Kymura Asian Development Fund Development Fund Billion Actually Countries Economy Environment Kvietnamnews Nam No Viet
Source: wn.com

CABI-led study calls for a repurposing of inp

<p>A CABI-led study has revealed that participation in the Zambia Farmer Input Subsidy Programme (FISP) – particularly the flexible e-voucher system – encourages synthetic pesticide use at the expense of sustainable practices.</p>
Saweda Liverpool Justice Tambo Michigan State University Agbioresearch Zambia Farmer Input Subsidy Programme Michigan State University Development Fund

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