After having recorded consistent budget surpluses since 2010, the government’s fiscal position deteriorated to a balanced budget in 2015, followed by budget deficits during 2016 and 2017 due to reform slippage and a change in government priorities. Joint policy dialogue with development partners through the government-led Core Economic Working Group (CEWG) lapsed during this period.
Lanzhou, the capital of Gansu province, is a regional hub between the eastern and western regions of the People’s Republic of China (PRC). The main city is located on the banks of the Yellow River and contained within a narrow east–west valley with steep terrain at both the north and south that effectively constrains further expansion of the city.
Yichang is a prefecture-level in the People’s Republic of China (PRC) and Hubei province’s second largest city after Wuhan, the provincial capital. While as of the end of 2011, its urbanization rate was well below the national average, its urban population was forecasted to increase to 2.8 million by 2030 due to continuing migration.
At project formulation in 2013, the power supply condition in Myanmar was very poor. Electrification was only 28% in 2012, growing at a very slow rate from 16% in 2006. Power supply capacity was inadequate, especially during the dry season, resulting in persistent power outages.
During 2000−2010, the People’s Republic of China (PRC) experienced double-digit economic growth and equally rapid growth in energy demand. Primary energy demand grew more than 110%, with carbon-intensive coal as the dominant source.
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