Bangladesh yesterday struck a $172 million financing deal with the World Bank, which will enable the country to install 630,000 solar home systems in rural areas by 2012. Arastoo Khan, additional secretary of Economic Relations Division, and Ellen Goldstein, World Bank country director for Bangladesh, inked the agreement in Dhaka. The agreement is part of […]
Monsoon floods that sunk Pakistan’s arable belt for a second year running have piled economic woes on top of a humanitarian catastrophe facing up to eight million people in the south. Crops of grain, cotton, sugarcane, fruit and vegetables have been submerged, clocking up nearly $2 billion in farming losses, and experts say the disaster […]