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Uganda’s economic performance continues to be strong

Special Correspondent - 2011-04-04 23:54
An International Monetary Fund (IMF) mission visited Kampala during March 16-31, 2011 to conduct discussions for the second review under the Policy Support Instrument (PSI). The mission met with Finance Minister Bbumba, Bank of Uganda Governor Tumusiime-Mutebile, and other senior officials, as well as representatives of parliament, the private sector, civil society, and development partners.

JAPANESE CRISIS HIGHLIGHTS NEED FOR ENHANCED NUCLEAR SAFETY, TRANSPARENCY

Special Correspondent - 2011-04-04 23:49
New York: The head of the United Nations atomic watchdog agency today called for robust safety standards and full transparency, both of which are vital for restoring public confidence in nuclear power in the wake of the Japanese power plant crisis.

Mali successfully implemented its economic program: IMF

Special Correspondent - 2011-04-04 23:42
A mission from the International Monetary Fund (IMF) led by Mr. Christian Josz visited Bamako from March 21 to April 1, 2011 to conduct the sixth review of the three-year arrangement under the Extended Credit Facility (ECF). The mission met with Sanoussi Touré, Minister of Economy and Finance; Lassine Bouaré, Minister of Budget; Oumar Ly, National Director, Central Bank of West African States; and representatives of the National Assembly, and of Mali’s technical and financial partners.

DR CONGO INTRODUCES PNEUMONIA VACCINE

Special Correspondent - 2011-04-04 23:38
New York: The Democratic Republic of the Congo (DRC) today added the vaccine against pneumonia to its national immunisation programme in a United Nations-backed initiative to drastically improve the chances of survival for children under the age of five.

IMF Arrangement for Sri Lanka, Approves US $218.3 Million Disbursement

Special Correspondent - 2011-04-04 23:13
The Executive Board of the International Monetary Fund (IMF) today completed the sixth review of Sri Lanka's economic performance under a program supported by a Stand-By Arrangement (SBA). The completion of the review enables the immediate disbursement of an amount equivalent to SDR 137.8 million (about US$ 218.3 million), bringing total disbursements under the arrangement to an amount equivalent to SDR 1.10 billion (about US$ 1.75 billion ).

Economic recovery and humanitarian situation improves in Zimbabwe

Special Correspondent - 2011-04-04 23:09
A mission of the International Monetary Fund (IMF) led by Vitaliy Kramarenko visited Zimbabwe during March 16–30, 2011 to conduct the 2011 Article IV consultation discussions. The mission met with Prime Minister Tsvangirai, Minister of Finance Biti, Minister of Youth, Indigenization and Empowerment Kasukuwere, Minister of Economic Development Mashakada, Minister of Public Service Mukonoweshuro, Reserve Bank of Zimbabwe (RBZ) Governor Gono, and other senior government officials, as well as representatives of the diplomatic and business communities, and civil society organizations and labor unions.

GENERAL ASSEMBLY PRESIDENT HOLDS WIDE-RANGING TALKS WITH UK OFFICIALS

Special Correspondent - 2011-04-04 23:06
New York: The President of the General Assembly held talks today with British officials in London on issues such as United Nations reform and the anti-poverty targets known as the Millennium Development Goals (MDGs), as well as recent developments in several global hotspots.

IMFArrangement for the Kingdom of Lesotho, Disbursement of US$9 Million approved

Special Correspondent - 2011-04-04 23:00
The Executive Board of the International Monetary Fund (IMF) has completed the first review of the Kingdom of Lesotho's economic performance under the Extended Credit Facility (ECF) arrangement. The Board's decision, which was taken on a lapse of time basis, enables the authorities to draw an additional SDR 5.68 million (US$9 million), bringing total disbursements under the arrangement to an amount equivalent to SDR 13.5 million (US$21.4 million).

Belgian economy: Considerable risks remain

Special Correspondent - 2011-04-04 15:25
Executive Directors of the International Monetary Fund (IMF) have commended the authorities for advancing fiscal consolidation and restoring confidence in the financial sector. To build on this progress, Directors underscored the need for a better articulated strategy to address macroeconomic policy priorities. Further efforts are necessary to bring down public debt relative to GDP, safeguard financial sector stability, and intensify structural reforms to boost potential growth, create jobs, and enhance competitiveness.
India: Politics

WILL LOTUS BLOOM IN KERALA ASSEMBLY THIS TIME?

BJP LEADERS EXUDE OPTIMISM
P. Sreekumaran - 2011-04-04 15:18
THIRUVANANTHAPURAM: Will the Bharatiya Janata Party (BJP) open its account in the April 13 assembly elections? Percipient observers of the Kerala political scene are skeptical, but state party leaders are confident of making it to the state assembly this time around.