Tag «economic development»

African Development Bank and Portuguese-speaking countries sign declaration to spur economic development in Lusophone Africa

“Compact” seeks to attract increased private investment opportunities Santa Maria, Island of Sal, Cabo Verde, July 18, 2018 – The African Development Bank and the Community of Portuguese Language Countries (CPLP) have signed a Declaration to support the “Development Finance Compact for the Lusophone Countries of Africa”. Dr. Akinwumi Adesina, President of the African Development …

Gaetano Cavalieri visits Yerevan as guest of Armenian president, discusses plans for jewellery to serve as source of economic development

YEREVAN, ARMENIA: APRIL 11, 2012 -Gaetano Cavalieri, the president of CIBJO, the World Jewellery Confederation, is visiting the Armenian capital of Yerevan this week, where on Tuesday he was invited to attend the official inauguration celebrations of President Serzh Sargsyan, who recently was elected for a second term in office. During the visit, he has …

Export as Basis of Economic Development

Exports have always played an important role in the economic development of most countries. This is evident even in Indian case from the continuous upward movement of percentage share of merchandise exports in the overall GDP of India from 13.9 percent in 2009-10 to 16.0 percent in 2010-11 and 17.7 percent in 2011-12. As per the …

JNNURM Triggers Investments in Urban Infrastructure Sector

The Jawaharlal Nehru National Urban Renewal Mission (JNNURM) has attempted to trigger investment in the urban infrastructure sector and undertake reforms to sustain these investments. As on June 30, 2012, Five Hundred Fifty Four projects at a total cost of Rs 62,253 crore have been sanctioned under the urban infrastructure section & Governance sub-mission of …