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The Executive Board of the International Monetary Fund (IMF) today completed the second and third reviews of Sri Lanka's economic performance under a program supported by a Stand-By Arrangement (SBA). The completion of the reviews enables the immediate disbursement of an amount equivalent to SDR 275.6 million (about US$407.8 million), bringing total disbursements under the arrangement to an amount equivalent to SDR 689.0 million (about US$1,019.4 million).

New York: The head of the United Nations International Labour Organization (ILO) has praised the leaders of the Group of 20 (G20) industrialized nations for recognizing the importance of the need to spur economic recovery and generate employment.

New York: The annual high-level segment of the United Nations Economic and Social Council (ECOSOC) opened with speakers calling for women and girls to be placed at the centre of the global struggle to achieve the social and economic targets known as the Millennium Development Goals (MDGs).

The Executive Board of the International Monetary Fund (IMF) today approved a three-year arrangement under the Extended Fund Facility (EFF) in an amount equivalent to SDR133.40 million (US$197.4 million) and a three-year arrangement under the Extended Credit Facility (ECF) in an amount equivalent to SDR 133.40 million (US$197.4 million) for the Republic of Armenia.

New York: The head of the United Nations Population Fund (UNFPA) has welcomed the decision by leaders of the Group of 8 (G8) industrialized countries to boost efforts to improve maternal and child health in poorer countries, urging the world to ensure that no woman died while giving birth.

New York: Eritrea deserves credit for its recent constructive engagement with its neighbours and the international community, UN Secretary-General Ban Ki-moon says in a new report in which he urges the country to provide evidence that it is complying with a Security Council resolution that imposed sanctions for the country's destabilizing activities in Djibouti and Somalia.

New York: All parties in the Central African Republic (CAR) have been urged to forge ahead with preparations for presidential and parliamentary elections, which were originally scheduled for earlier this year but have been postponed several times.

A mission from the International Monetary Fund (IMF), headed by Mark Flanagan, visited Reykjavik during June 14-28 to hold discussions for the 2010 Article IV Consultation and the third review under the US$2.1 billion Stand-By Arrangement.

New York: UN Secretary-General Ban Ki-moon and his special envoy for Kyrgyzstan have welcomed the peaceful and orderly conduct of the constitutional referendum held yesterday in the Central Asian nation, noting the good turnout for the poll despite the recent violence.

New York: Calling for more people in tea-producing countries to drink tea, the United Nations agriculture agency has spotlighted the potential for the industry to enhance food security by increasing farmers' incomes.