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MIGA supports telecommunications investment in Afghanistan
MIGA supports telecommunications investment in Afghanistan

The Multilateral Investment Guarantee Agency (MIGA), which is a member of the World Bank Group, has said that it would be supporting a new investment that will provide state-of-the-art telecommunications services in Afghanistan. The guarantee, which is of the amount US$ 76.5 million in coverage, will protect the investment against the noncommercial risks of transfer restriction, and expropriation.

Profile of IDRC
Profile of IDRC

Economics is one area where ICTs have made an impact. For example, IDRC-supported research has shown how mobile phones and Internet technology have increased the income-levels of Senegalese small-scale farmers and fishermen, by giving them reliable, up-to-date information on market prices, and strengthening their positions as they negotiated prices with buyers.

Good governance helps in economic growth
Good governance helps in economic growth

Well-run governments get better results out of their budget resources, according to a study by the World Bank titled ‘Fiscal Policy and Economic Growth: Lessons for Eastern Europe and Central Asia’. The study draws on quantitative analysis and case studies to confirm that more productive public spending, lower fiscal deficits, and greater reliance on non-distorting taxes can spur economic growth.

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