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Executive Directors of the International Monetary Fund (IMF) have welcomed the staff’s analysis of issues in revenue mobilization in developing countries, which draws on the Fund’s expertise in providing advice and technical assistance in this area to its members. They underscored the important role of the Fund in continuing to support developing countries’ efforts to mobilize domestic revenue to meet their substantial spending needs, and expressed strong support for Fund technical assistance in this area. Directors broadly agreed with the main principles and recommendations in the paper, stressing that their application should pay due regard to member countries’ specific circumstances and the appropriate sequencing of reforms.

New York: Liberia has made important progress over the past eight years in emerging from conflict but will need continued international attention, especially given the upcoming general elections and the recent influx of refugees from Côte d’Ivoire, a senior United Nations official said today.

New York: UN Secretary-General Ban Ki-moon today called on Libyan leader Colonel Muammar Al-Qadhafi’s Government to cease hostilities immediately, warning that a potential assault on the rebel-held city of Benghazi could endanger huge numbers of civilians.

New York: The head of the United Nations International Labour Organization (ILO), Juan Somavia, today expressed grave concern over the declaration of a state of emergency in Bahrain, saying the move is a serious setback to civil liberties, including the right to legitimate trade union activity.

New York: The United Nations peacekeeping mission in Côte d’Ivoire today strongly condemned the increasing violence that is affecting many parts of the country, calling for an immediate end to the strife that is hampering efforts to resolve the ongoing political crisis.

New York: Highlighting the growing nexus between global criminal acts, including drug trafficking and money laundering, and terrorism, a top United Nations official today called for boosting efforts to tackle these threats.

An International Monetary Fund (IMF) mission visited Lusaka March 3-16, 2011 to conduct discussions for the sixth and final review under the Extended Credit Facility (ECF). The mission had fruitful discussions with Hon. Situmbeko Musokotwane, Minister of Finance and National Planning; Dr. Caleb Fundanga, Governor of the Bank of Zambia, other senior officials as well as representatives from the private sector, civil society and labor unions.

New Delhi: The Union Minister for Health and Family Welfare Shri Ghulam Nabi Azad today inaugurated the World Health Organization’s Delhi based meeting – ‘Partners for Health in South – East Asia’. Speaking on the occasion, Shri Azad said that there is now a growing realisation that the scourge of Non Communicable Diseases is on an ever increasing spiral.

New Delhi: The Government is considering to amend the Apprentices Act, 1961 in consultation with all concerned Ministries.

New Delhi: India has sought to import higher quantities of crude oil from Nigeria in the coming years. Nigeria in return has invited Indian industry to invest in the country’s power, oil and gas and banking and financial sectors which have been deregulated and thrown open to private sector investment.