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An International Monetary Fund (IMF) team, led by Mr. Todd Schneider, visited Dushanbe February 17–March 2, 2011 to hold discussions for the fourth review under a three-year, SDR 104.4 million (about US$165 million) Extended Credit Facility arrangement with Tajikistan.

New York: A United Nations human rights expert today called on the international community to step up efforts to address the impact of the devastating drought in Somalia, warning that the country is on the brink of a humanitarian disaster if action is not taken immediately.

New Delhi: As the centre of the global economic power is gradually shifting towards Asia, India and the ASEAN nations are planning to deepen their relations all over East Asia.

New York: The United Nations Food and Agriculture Organization (FAO) said today that small seed enterprises are the best way of ensuring the availability and quality of non-hybrid seeds for food and animal feed crops in developing countries.

Executive Directors of the International Monetary Fund (IMF) has commended the authorities for skillful macroeconomic management, leading to a robust economic recovery and improved consumer and investor confidence. The economic outlook is generally favorable, with sustained growth and a strong external position. A key policy challenge is to preserve macroeconomic stability while enhancing medium-term growth. Meeting this challenge will require a careful exit from stimulus policies in a complicated external environment, and further reforms to promote investment.

New York: The General Assembly today suspended Libyan membership of the United Nations Human Rights Council because of President Muammar Al-Qadhafi’s violent repression of peaceful protesters demanding his ouster.

A mission of the International Monetary Fund (IMF), led by Joannes Mongardini, visited Swaziland during February 16-March 2, 2011. The mission held discussions on a possible Staff -Monitored Program for Swaziland. The mission met with the Prime Minister, His Excellency Dr. Barnabas Sibusiso Dlamini; the Minister of Finance, Hon. Majozi Sithole; the Minister of Economic Planning and Development, H.R.H. Prince Hlangusemphi; the Governor of the Central Bank, Mr. Martin Dlamini; and other senior officials. The mission briefed the full government in a cabinet session on March 1, 2011. It also held fruitful discussions with donors, representatives of the private sector, and labor unions.

A mission from the International Monetary Fund (IMF), led by Peter Allum, visited Accra during February 16-March 1, 2011. The mission conducted discussions for the third and fourth reviews under the IMF’s Extended Credit Facility (ECF) and for the 2011 Article IV consultations. The mission met with Finance Minister Kwabena Duffuor, Bank of Ghana Governor Kwesi Amissah-Arthur, other senior officials, members of parliament, and representatives of the private sector and civil society organizations.

New York: The situation at the Libyan-Tunisian border has reached crisis point as tens of thousands of people flee the reported violence by President Muammar Al-Qadhafi’s loyalists, with 14,000 people crossing yesterday alone, the United Nations refugee agency said today.

Kiribati is at a crossroads, says International Monetary Fund (IMF) in a preliminary assessment. Large public investment projects in key infrastructures financed by foreign assistance underpin its favorable medium-term growth prospects. Yet gains will prove transitory if a broader agenda of fiscal and structural reforms remains unfinished. Further fiscal and structural reforms are necessary to bolster the economy’s resilience and ensure sustainable growth. The increasing costs of climate change and still large development needs bring challenges to which policy will need to respond.