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CCRIF Makes First Parametric Insurance Payouts of the 2021 Atlantic Hurricane Season - Barbados

CCRIF Makes First Parametric Insurance Payouts of the 2021 Atlantic Hurricane Season - Barbados
reliefweb.int - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reliefweb.int Daily Mail and Mail on Sunday newspapers.

Sudan: African Development Fund $8 56 million grant to boost resilience to climate shocks boosts, disaster risk management - Sudan

Sudan: African Development Fund $8.56 million grant to boost resilience to climate shocks boosts, disaster risk management Format The Board of Directors of the African Development Bank Group has approved a grant of $8.56 million from the African Development Fund to implement the Africa Disaster Risk Financing Programme (ADRiFi) in Sudan. The project will enhance the nation’s resilience and response to climate shocks by improving the management of climate disaster risks. The five-year (2022 to 2026) project, to be implemented at a total cost of $13.02 million, includes contributions from the Government of Sudan as well as in-kind contribution from the African Risk Capacity.

Saudi Arabia welcomes IMF, WBG decision to qualify Sudan for debt relief

Saudi Arabia welcomes IMF, WBG decision to qualify Sudan for debt relief July 06, 2021 RIYADH The Kingdom of Saudi Arabia welcomed the decision of the Executive Boards of the International Monetary Fund (IMF) and the World Bank Group (WBG) to qualify Sudan for debt relief under the Enhanced Heavily Indebted Poor Countries (HIPC) Initiative. It commends the Sudanese government for re-engaging with international financial institutions and development partners, and for launching a range of structural reforms to restore macroeconomic stability. On this occasion, Minister of Finance Mohammed Al Jadaan stated, “this marks a profound and historical moment in Sudan’s long journey towards re-engagement and normalization of relations with the international financial institutions after nearly three decades of global financial isolation.

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