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World Bank Approves Funding for Ethiopia Road System Upgrade | Industry Insights

World Bank Approves Funding for Ethiopia Road System Upgrade
The Board of Executive Directors for the World Bank approved funds in late February to help Ethiopia upgrade their road system, strengthen road maintenance and reduce travel time along inter-regional corridors.
The Road Sector Support Project is supported by a $320 million (USD) IDA credit as part of the $385 million total project cost.
The Government of Ethiopia are also contributing $65 million. The project is aligned with the Growth and Transformation Plan and supports economic expansion by improving the quality of reads, serving areas producing exportable agricultural products. Additionally, the plans hope to halve the proportion of the population living below the poverty line. ....

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Germany launches tourism training program as Palestine's tourism is ready to reopen

Germany launches tourism training program as Palestine's tourism is ready to reopen
english.wafa.ps - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from english.wafa.ps Daily Mail and Mail on Sunday newspapers.

West Bank General , West Bank , Nasri Abu Jaish , Rula Maayah , Christian Clages , Network Of Palestine Experiential Tourism Associations , Tourism Health Standards For Palestine , Arab Hotel Association , Tourism Training Programme For Employment , Palestine Association Of Travel Agents , Holy Land Incoming Tour Operators Association , Programme For Access , Sector Development Programme , Palestine Tourism Recovery Task , Arab Guide Union , Palestinian Ministry Of Tourism , Tourism Recovery Task , Wage Subsidy Programme , With German , Tourism Training Programme , German Representative , German Government , Labour Market , Private Sector Development Programme , Palestinian Ministry , Palestine Tourism Recovery Taskforce ,

Education outlay doubled but peanuts for new projects

Islamabad : As the economy shows signs of recovery from the coronavirus pandemic, the federal government has announced that it will double the education ministry’s development funding in the. ....

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UNICEF Pakistan Annual Report 2020 - Pakistan

UNICEF Pakistan Annual Report 2020
Format
Pakistan in 2020
Of Pakistan’s population of 212 million, nearly half – 45 per cent – are children under 18 years of age.1 With an annual growth rate of 2.4 per cent, the population doubles every 29 years. This puts immense pressure on social services, exacerbated by Pakistan’s rapid urbanization.
In recent years, economic turmoil has affected the wellbeing of Pakistan’s children. The annual GDP growth rate increased from 5.6 per cent in 2016 to 5.8 per cent 2018, and then declined to 0.98 per cent in 2019.
Consumer Price Index inflation rose to 12.6 per cent (2019) from 5.4 per cent in 2018.3 In 2015/2016, a quarter (24.3 per cent) of Pakistanis were below the poverty line,4 however many more are vulnerable to sudden shocks that could drive them into poverty. These may include personal shocks, such as a family health crisis, and broader trends in the national economy. ....

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Opportunities

Opportunities
Opportunities
As the City shifts to a diversified manufacturing and services economy, so the opportunities for foreign direct investment increase. Joburg’s Department of Economic Development has identified key sectors, with its Sector Development Programme focused on strengthening the competitiveness of the sectors, including support initiatives.
Financial and Business Services
Business Process Outsourcing (BPO)
Creative Industries
Manufacturing
The City of Joburg is divided into seven regions, each enjoying differing levels of sector involvement. The regional map highlights some of the key economic precincts in each region.
The graphic on the right shows the financial and business services sectors dominating the Joburg economy, followed by retail and wholesale trade, community and social services, and manufacturing. Percentages refer to the percentage that a sector or industry contributes to the City s Gross Geographic Product ....

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