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A mission from the International Monetary Fund (IMF), led by Peter Allum, visited Accra during February 16-March 1, 2011. The mission conducted discussions for the third and fourth reviews under the IMF’s Extended Credit Facility (ECF) and for the 2011 Article IV consultations. The mission met with Finance Minister Kwabena Duffuor, Bank of Ghana Governor Kwesi Amissah-Arthur, other senior officials, members of parliament, and representatives of the private sector and civil society organizations.

New York: The situation at the Libyan-Tunisian border has reached crisis point as tens of thousands of people flee the reported violence by President Muammar Al-Qadhafi’s loyalists, with 14,000 people crossing yesterday alone, the United Nations refugee agency said today.

Kiribati is at a crossroads, says International Monetary Fund (IMF) in a preliminary assessment. Large public investment projects in key infrastructures financed by foreign assistance underpin its favorable medium-term growth prospects. Yet gains will prove transitory if a broader agenda of fiscal and structural reforms remains unfinished. Further fiscal and structural reforms are necessary to bolster the economy’s resilience and ensure sustainable growth. The increasing costs of climate change and still large development needs bring challenges to which policy will need to respond.

New York: Armed conflict is robbing 28 million children of an education by exposing them to widespread rape and other sexual violence, targeted attacks on schools and other human rights abuses, according to a United Nations report issued today.

New Delhi: The Annual Plan for Himachal Pradesh for the year 2008-09 was finalized at a meeting, here, today between the Deputy Chairman Planning Commission, Shri Montek Singh Ahluwalia and the Chief Minister of Himachal Pradesh, Prof. Prem Kumar Dhumal. Plan size for the current year was agreed at Rs.3300 crores.

New Delhi: The Minister of Housing and Urban Poverty Alleviation Kumari Selja has said, as per estimates of the Committee under the Chairmanship of Dr. Pranob Sen, Principal Adviser, Planning Commission (former Secretary, Ministry of Statistics & Programme Implementation, and Government of India) the slum population in the country is expected to touch 93.06 million by 2011. The Committee estimated slum population in 2001 at 75.26 million.

New Delhi: It has been decided to set up 20 counter Insurgency and Anti terrorist Schools (CIATs) in the states of Assam, Bihar, Chhattisgarh, Jharkhand, Orissa, Manipur, Nagaland, West Bengal and Tripura. Out of these, 13 Schools have already been set up and are functional.

New Delhi: Government of India has been implementing a Border Area Development Programme (BADP) through the State Governments as a part of a comprehensive approach to Border Management. The main objective of the BADP is to meet the special developmental needs of the people living in remote and inaccessible areas with the entire essential infrastructure through convergence of Central/State/BADP/Local schemes and participatory approach.

New Delhi: The Ministry had earlier proposed to establish a National Environment Tribunal under the National Environment Tribunal, Act 1995. The Act provided for strict liability for damages arising out of any accident while handling any hazardous substance and for providing relief and compensation for damages to persons, property and the environment resulting from such accidents. However, the National Environment Tribunal could not become functional.

New Delhi: As per the Clause 49 of the Equity Listing Agreement, all the listed entities including listed Central Public Sector Enterprises (CPSEs) are required to appoint requisite number of Independent Directors on their Boards. Where the Chairman of the Board is a non-executive director, at least one-third of the Board should comprise of Independent Directors and in case he is an executive director, at least half of the Board should comprise of Independent Directors.