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The Executive Board of the International Monetary Fund (IMF) today completed the fifth 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$216.6 million), bringing total disbursements under the arrangement to an amount equivalent to SDR 964.6 million (about US$1.516 billion).

New Delhi: The President of the Dominican Republic, Dr Leonel Fernandez, has envisioned three types of business linkages between his country and India - direct investments of Indian companies for manufacturing and export to third countries, export of Dominican products to India and partnerships, joint ventures and strategic alliances between Dominican and Indian companies.

An International Monetary Fund (IMF) team led by Mr. Christopher Jarvis visited Belarus during January 25 to February 2, 2011 to continue Article IV consultations with the Belarusian authorities and other stakeholders. The team met with Prime Minister Myasnikovich, Deputy Prime Minister Rumas, the Minister of Finance Mr. Kharkovetz, the Minister of Economy Mr. Snopkov, the Chairman of the Board of the National Bank of the Republic of Belarus Mr. Prokopovich, other senior officials, representatives of banks, and the diplomatic community.

New York:More than a third of the world’s information and communications technology (ICT) exports now originate from mainland China and its special administrative region of Hong Kong, a United Nations agency reported today, citing data that also shows that Asia accounted for 66.3 per cent of global ICT exports in 2009.

New York: UN Secretary-General Ban Ki-moon said today the United Nations must perform its duty to protect peoples from man-made or natural calamities more effectively, stressing that when sovereign States fail in the task the international community must step in, with force if needed.

New York: A new United Nations treaty on the equitable sharing of the planet’s wealth of genetic resources opened for signing today with Algeria, Brazil, Colombia and Yemen becoming the first countries to sign the protocol, which is also designed to conserve and protect the world’s diminishing resources.

New York: Recognizing the role that forests play in everything from mitigating climate change to providing wood, medicines and livelihoods for people worldwide, the United Nations today kicked off a year-long celebration to raise awareness of the value of this important resource.

New York: UN Secretary-General Ban Ki-moon today once more urged restraint by all sides in Egypt, as pro- and anti-government protesters clashed during demonstrations in the capital, Cairo, and said that any political transition should take place sooner rather than later.

New York: Illicit trade in counterfeit goods and piracy of intellectual property not only cost global economies more than $1 trillion each year and put more than two million jobs at risk but threaten the lives, health and safety of consumers worldwide, a United Nations-backed meeting was told today.

New York: Beyond the country-specific issues that are usually before it, such as the Middle East conflict and Sudan, the Security Council will this month devote a high-level session to some of the root causes underlying conflict in the world, such poverty and under-development.