Tag Archives: world bank

Food Prices Near 2008 Levels Threaten the Poor, World Bank Says

Global food prices remain close to the peak of 2008 and are fueling inflation in low-income nations, threatening to throw more people more into poverty, according to the World Bank. The bank’s food-price index was 36 percent higher than a … Continue reading

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Flood affectees allege TBERMP caused unprecedented devastation

ISLAMABAD, Oct 12: The flood affectees of Muzaffargarh are observing a three-day hunger strike against World Bank (WB) financed Taunsa Barrage Emergency Rehabilitation and Modernization Project (TBERMP), which they allege, has caused massive flood devastation in the district. The three-day … Continue reading

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Sri Lanka agrees to $2.5bn IMF loan

Sri Lanka has agreed to a $2.5bn (£1.5bn) loan accord from the International Monetary Fund (IMF) to help it weather the global economic crisis.

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