The article discusses the importance of outcome-based financing (OBF) in ensuring efficient resource allocation and impactful results in infrastructure and development projects, highlighting its historical roots and modern applications. It stresses the necessity of adapting OBF to social sectors like education and health, where outcomes are long-term and complex.

The US economy contracted by 0.3% in Q1 2025, marking the first decline in three years, contrary to Donald Trump's optimistic claims about his administration's success. This contraction, linked to tariff policies and increased imports, raises concerns of recession and impacts global growth projections, including India's outlook amidst ongoing trade tensions.