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The Executive Board of the International Monetary Fund (IMF) completed the seventh review of Uganda's economic performance under the Policy Support Instrument. At the request of the authorities, the Executive Board cancelled the current PSI and approved a new three-year program. Uganda's previous PSI was approved on December 15, 2006.

New York: Armed violence remains one of the main obstacles to the achievement the social development and poverty alleviation targets known as the Millennium Development Goals (MDGs), the United Nations development chief said at a conference to address the problem.

Over 2006-08, Moldova saw strong growth accompanied by rising macroeconomic vulnerabilities, and hesitant progress in its transition to a market economy. Buoyant domestic demand, financed by booming remittances, credit, and FDI, resulted in an average growth of over 5 percent but also widened the current account deficit and generated inflation pressures. The real effective exchange rate (REER) appreciated substantially and, together with exogenous shocks, dampened export growth. Despite some progress in structural reforms, the economy remained overregulated and hampered by relative price distortions. High barriers to entry and low competition in telecommunications, trade, and food processing kept domestic prices significantly above international prices of many consumer products. In contrast, utility tariffs generally remained well below cost-recovery levels, leading to substantial arrears and underinvestment.

New York: The United Nations Children's Fund (UNICEF) expressed its deep concern about reports that rebel occupation is preventing children in the northern Yemeni governorate of Saada from attending classes in a country that already has the lowest school enrolment rates in the region.

New York: Information and communication technology (ICT) projects are helping countries make significant progress towards the globally agreed anti-poverty targets world leaders have pledged to achieve by 2015, according to a United Nations report.

New York: Human rights defenders in Mexico are under increasing threat, a group of independent United Nations experts cautioned, speaking out against the recent killings of two defenders in the country's southeast.

New York: With more than 200 million children around the world working at the expense of their future, a new United Nations-backed action plan seeks to ramp up global action to stamp out the scourge by 2016.

The Executive Directors of the International Monetary Fund (IMF) has observed that Tonga has been hit hard by the global crisis. The authorities' accommodative monetary and fiscal policy stances together with support from donor helped provide some relief and set conditions for a turnaround in the year ahead. Growth is expected to reach 1¾ percent in FY2010/11, on the back of increased construction activity, tourism, and remittances. However, near-term risks are the downside and relate to the strength of the global recovery and world commodity and food prices.

Paris/Washington - The world's largest public environmental fund, the Global Environment Facility (GEF), received a record boost from donor countries with more than 30 nations pledging $4.25 billion in what will be the first significant multilateral step toward the commitments in Copenhagen on climate change and in other key international environmental agreements. The $4.25 billion pledged for the next four years is the largest ever increase in funding for the GEF.

WASHINGTON ― The World Bank has approved US$12.1 million of Additional Financing for the FYR Macedonia Real Estate Cadastre and Registration Project (RECRP). The Additional Financing will help the government continue its reforms in real estate cadastre and build on the excellent results achieved.