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IMF reviews Sri Lanka bailout as Colombo eyes more funds - World

COLOMBO: The International Monetary Fund began a review on Thursday of Sri Lanka’s bailout programme launched after...

Sri-lanka , Colombo , Western , China , Ranjith-siyambalapitiya , Gotabaya-rajapaksa , International-monetary-fund , Bailout-programme , Imf ,

Asia Business Report

the trasportation security administration which does security screening in about a50 airports across the country has nudged record numbers in the last couple of weeks. also, even higher than 2019 numbers. here in asia, some tourism spots are struggling with staff shortages because many have had to let go of them during the pandemic and american airlines are experiencing the same thing, aren't they? indeed. the entire airline infrastructure and the airports, the ground handling, the security, all of those roles, they lost a lot of people through covid and through the aftermath. very experienced pilots and air traffic controllers retired so they are bringing lots of new people who do not have that experience and need to build up that experience now as well. let's now turn to pakistan because international monetary fund has approved a $3 billion bailout programme for the south asian country.

Country , Numbers , Record , Trasportation-security-administration , Security-screening , Thing , Shortages , American-airlines , Go , Staff , Airports , Ground-handling

Asia Business Report

does security screenings and about a50 airports across the country. much to record numbers in the last couple of weeks. also even higher than 2019 numbers. also even higher than 2019 numbere— numbers. even asia, some tourism — numbers. even asia, some tourism spots _ numbers. even asia, some tourism spots are - numbers. even asia, some l tourism spots are struggling with the staff shortages because many of them had to let go of them during the pandemic. american airlines expressing the same things, aren't they? the entire airline infrastructure and the airports, ground handling, security, all of those roles, they lost a lot of people through covid and through the aftermath. very experienced pilots and air traffic controllers retired. bringing a lot of new people who don't actually have that experience and needs to build up that experience now as well. let's take to pakistan _ experience now as well. let's take to pakistan because - take to pakistan because international monetary fund approved a $3 billion bailout programme for the south asian country. the imf will immediately disperse more than $1 billion to help stabilise the economy while the rest of

Country , Numbers , Shortages , Staff , Tourism-spots , Even-asia , Airports , Record-numbers , Tourism-numbers , Tourism , Spots , Security-screenings

The Briefing

are all going to them. we have been investigating the impact this is having on ghana's population. if we lose public health nurses, then the babies that have to be immunised will not get their required immunisation and we are going to have babies dying. the situation is out of control. we have been having intense recruitment taking place, mainly driven by six or seven high income countries. ghana is one of the world's biggest producers of both gold and cocoa but it is suffering its worst economic crisis in a generation, with raging inflation. the country has been struggling to recover from the combined effects of the global covid pandemic and the war in ukraine. it has allocated nearly 8% of its budget to health spending, the country is reliant on an imf bailout

Nurses , Ghana , Impact , Immunisation , Situation , Health , Control , Population , Place , Countries , Recruitment , Six

The Briefing

the global covid pandemic and the global covid pandemic and the war in ukraine. it has allocated nearly 8% of its budget to health spending, the country is reliant on an imf bailout programme to pay public—sector wages. this is ghana's best equipped hospital in the capital, accra. he does not feel that different to the hospitals i am used to reporting on at home in the uk. the staff are highly trained but there is a fundamental problem, according to the head of nursing. where have you brought me? to of nursing. where have you brought me?— of nursing. where have you brought me? to the second floor, there _ brought me? to the second floor, there is _ brought me? to the second floor, there is a _ brought me? to the second floor, there is a main - brought me? to the second floor, there is a main icu. l floor, there is a main icu. what is the effect, are you noticing nurses leaving? yes, the icu nurses are _ noticing nurses leaving? yes, the icu nurses are leaving - noticing nurses leaving? yes, | the icu nurses are leaving and they are those who take care of they are those who take care of the seriously ill, they are

Country , Ukraine , War , Pandemic , Bailout-programme , Budget , Health-spending , Global-covid , Imf , 8 , Hospitals , Ghana

The Briefing

that have to be immunised will not get their required immunisation and we are going to have babies dying. the situation is out of control. we have been having intense recruitment taking place, mainly driven by six or seven high income countries. ghana is one of the world's biggest producers of both gold and cocoa, but it is suffering its worst economic crisis in a generation, with raging inflation. the country has been struggling to recover from the combined effects of the global covid pandemic and the war in ukraine. it has allocated nearly 8% of its budget to health spending, the country is reliant on an imf bailout programme to pay public—sector wages.

Nurses , Immunisation , Situation , Control , Ghana , Place , Countries , Recruitment , World , Gold , Producers , Cocoa

US government announces $300m funding to establish a first-of-its-kind data centre in Ghana

Ghana is to benefit from the U.S. International Development Finance Corporation (DFC)'s $300 million funding for Africa.

Japan , Hiroshima , Washington , United-states , Ghana , Kotoka-international-airport , Ghana-general- , American , America , Ken-ofori-atta , Partnership-for-global-infrastructure , Us-international-development-finance-corporation

World Business Report

the imf to release the next $1 billion tranche of its bailout programme to head off a potential default. as you've been hearing more strikes are taking place in france today in a bid to pressure president macron to withdraw an increase in the minimum retirement age to 64 from 62. disruption to travel services is expected including those run by ski lift workers. two of the biggest unions representing french ski resort workers are planning unlimited strike action from today which could disrupt ski resorts in what is one of the busiest times of year for the industry. joining me now is vincent lalanne, director of val thorens ski resort tourist office. good morning to you. good morning- — good morning to you. good morning. took _ good morning to you. good morning. took us _ good morning to you. good morning. took us through l good morning to you. good - morning. took us through what is happening —

France , Pressure , Strikes , Imf , Place , President , Tranche , Potential-default , Bailout-programme , Macron , Bid , 1-billion

World Business Report

at the us capitol riot hearings, election workers speak of the pressure they faced from donald trump, leaving them to cope with abuse and intimidation. the international monetary fund says they are making progress with pakistan to revive the country's bailout programme. the statement comes as the south asian economy teeters on the brink of a financial crisis. let's get more now from our business reporter monica miller in singapore. what more can you tell us pakistan is experiencing how our edges and a spike in prices of basic goods similar to some reporting we have been doing out of sri lanka and its foreign exchange reserves are drying up fast as the pakistani ruby is down as its lowest to the us dollar. to ruby is down as its lowest to the us dollar.— ruby is down as its lowest to the us dollar. to ease some of pakistan's _ the us dollar. to ease some of pakistan's pan, _ the us dollar. to ease some of pakistan's pan, the _ the us dollar. to ease some of pakistan's pan, the previous i pakistan's pan, the previous administration offered a pricey fuel subsidy that costed about six and $1 million per month but the new government is now

Country , Pressure , Progress , Election-workers , International-monetary-fund , Pakistan , Statement , Bailout-programme , Intimidation , Abuse , Us-capitol-riot-hearings , Donald-trump

GHS768 million paid to over 6,000 clients of collapsed FMCs – SEC

GHS768 million paid to over 6,000 clients of collapsed FMCs – SEC
LISTEN
MAY 2, 2021
The Securities and Exchange Commission (SEC) has announced that about GHS768 million has been credited to the accounts of some 6,916 clients of the 53 defunct Fund Management Companies, who signed up for the government's full bailout programme.
According to the Commission, actual payments also made under the Partial Bailout Programme as of March 31, 2021, amount to GHS995 million, representing 81% of total claims and 83% of the total corresponding partial bailout value.
This update comes months after the government announced a bailout package for clients of the 53 defunct Fund Management Companies (FMCs).

Accra , Greater-accra , Ghana , Ghanaian , Ogbarmey-tetteh , Daniel-ogbarmey-tetteh , Apex-capital-partners-ltd , Fund-management-companies , Wealth-vision-financial-services-ltd , Bailout-programme , Dowjays-investment-ltd , Capital-asset-management-ltd