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Poor product development, lack of funding hinder tourism — Majoro

Poor product development, lack of funding hinder tourism Majoro Poor product development, lack of funding hinder tourism Majoro Share Bereng Mpaki POOR product development and inadequate financial investment are hampering the growth of Lesotho’s tourism sector, Prime Minister Moeketsi Majoro has said. He said this while addressing a recent webinar on reviving Lesotho’s tourism and hospitality sector after the devastating effects of the Covid-19 pandemic. The webinar was organised by the government in partnership with the World Bank, the African Development Bank (AfDB) and the United Nations World Tourism Organisation (UNWTO). The seminar deliberated on the challenges, opportunities and priority reforms needed to revive and revitalise Lesotho’s tourism and hospitality sector.

IMF Mission Reaches Staff-Level Agreement with Democratic Republic of Congo on a Three-Year, US$1 5 Billion Financing Package

Date Time Share IMF Mission Reaches Staff-Level Agreement with Democratic Republic of Congo on a Three-Year, US$1.5 Billion Financing Package End-of-Mission press releases include statements of IMF staff teams that convey preliminary findings after a visit to a country. The views expressed in this statement are those of the IMF staff and do not necessarily represent the views of the IMF’s Executive Board. Based on the preliminary findings of this mission, staff will prepare a report that, subject to management approval, will be presented to the IMF’s Executive Board for discussion and decision. The IMF team reached a staff-level agreement on a three-year program under the Extended Credit Facility (ECF) arrangement to help the country recover from the pandemic, preserve macroeconomic stability, and advance the reform momentum to raise and sustain inclusive growth.

Cambodia, South Korea committed to climate action

Cambodia and South Korea are steadfastly committed to respond to the severity of climate change threats, preventing the reversal of significant hard-won development gains made in recent years and safeguarding natural ecosystems, according to government officials of both countries.

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