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The Government of Mozambique, in close coordination with the World Bank and the International Monetary Fund, organized a high-level conference on the future economic challenges and opportunities for Mozambique. The conference took place in Namaacha in Southern Mozambique from March 22-24, 2010, with over 100 participants from the government, the central bank, civil society, the private sector, academia, and development partners. The conclusions of the conference were discussed in a meeting of the Council of Ministers in Maputo on March 25, 2010, chaired by His Excellency the Prime Minister. World Bank and IMF staff were invited to join the policymakers' discussions.

The Mozambican economy continues to perform strongly. Economic growth exceeded 6 percent in 2009 and is projected to approach 8 percent over the medium term, driven by strong private and public investment. A recovery in external demand and capital inflows, as well as recent donor assurances on their budget support commitments, should strengthen Mozambique's balance of payments and further buttress its international reserves. Inflation is projected to around 6 percent over the medium term, although it could temporarily increase in 2010 because of an increased pass-through of international fuel prices to domestic retail prices.

New York: The United Nations announced today that 75 nations have submitted their pledges to cut or limit emissions of greenhouse gases by 2020, following last year's climate change conference in Copenhagen.

New York: The International Criminal Court (ICC) has granted the prosecutor's request to investigate crimes against humanity allegedly committed in Kenya in post-election ethnic violence two years ago, when some 1,000 people were killed and 300,000 others forced to flee their homes.

New York: Dozens of farmers, veterinarians and farm workers have been infected with Rift Valley fever in South Africa, and at least two people have died, the United Nations World Health Organization has reported.

New York: Afghanistan, the world's biggest producer of opium, is now also the global leader when it comes to the production of hashish, according to a new United Nations survey.

NEW DELHI: The Houses of Business and Industry have expressed satisfaction at the Budget 2010-11. They are relieved that Finance Minister Pranab Mukherjee has largely retained the stimulus package, which had enabled them to face the global crisis and slowdown.

BHOPAL: The National Institute of Technical Teachers Training and Research (NITTTR) has decided to offer courses in Management, i.e., MBA from the next session. The Institute, based in Bhopal, has been pioneering technological education for the last 30 years and its forays into the management education have been necessitated by the new environment, which requires managerial education as well as technical education. The Institute is waiting for the approval of the All India Council of Technical Education.

Yet another phase commences in the volatile US-Pak relationship which has gone through such wild swings as few other nations have witnessed.

New York: A new United Nations Educational, Scientific and Cultural Organization (UNESCO) scheme seeks to enhance literacy and empower marginalized people in rural areas of Nepal, where less than half of the population can read.