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| Thursday, Jun 07, 2001 |
Last Updated: 07/06/2001 01:15 |
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| WASHINGTON |
Wealthy and developing countries alike must find new approaches to reforming state pension plans to keep the elderly out of poverty and avoid a collapse of the programs, according to a World Bank report released Wednesday.
Pension reform is becoming a pressing global issue for both developing and high-income countries as they grapple with financing the needs of their rapidly aging populations, the report said.
The report, "New Ideas About Old Age Security," said many pension plans in developing countries will provide coverage for only 10 to 30 percent of the current working population, although in Latin America the percentage is closer to 50 percent.
But it said that these systems often strain economic development, as illustrated in Brazil, where a big deficit in the ... |
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| UNITED NATIONS |
UN Secretary General Kofi Annan on Wednesday recommended public-private partnerships, the empowerment of women and extended property rights as ways of tackling the poverty in the world's growing cities.
"Today, urban areas are the major driving forces of development and globalisation," he told a ... |
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| KHAN YUNIS, Gaza Strip |
As Mohammed Shawaf unloaded heavy flour sacks from a UN Palestinian relief agency truck in this poverty-stricken town, at the frontline of recent fighting, he vowed "the resistance will continue."
Ask Palestinians here whether ... |
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| UNITED NATIONS |
Stressing the potential value of the world's cities, as well as the concentration of poverty there, a new UN report on Monday said national governments should pay more attention to urban development.
Compiled for a three-day ... |
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| HARARE |
Zimbabwean President Robert Mugabe says the International Monetary Fund must be reformed to force it to support developing countries regardless of their political or rights records, the state-owned Herald said Monday.
Mugabe ... |
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| ULAN BATOR |
Filthy, aggressive and dressed in rags, the street children of Ulan Bator are the victims of a Mongolian society riven by domestic violence and torn apart by breakneck social changes.
Typically aged between five and 14, the ... |
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| WASHINGTON |
The World Bank on Friday said it had approved a seven million dollar credit for the Palestinian Authority to improve educational management in the West Bank and Gaza Strip.
The funds will support efforts to enhance educational policymaking, planning and budgeting at central and district school levels.
The total cost of the project is 7.63 million dollars. The interest-free World Bank credit has a 40-year maturity, a 10-year grace period and a service charge of 0.75 percent.
The Palestinian Authority will provide financing in the amount ... |
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| WASHINGTON |
Uganda has been awarded a 150 million dollar credit from the World Bank, the first beneficiary of a new program designed specifically to combat poverty, the Bank announced here Friday.
It said the World Bank's board of directors ... |
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