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WASHINGTON: The Executive Boards of the World Bank Group on August 5 approved the audited financial statements for fiscal year 2021 (July 1, 2020 – June 30, 2021). The statements highlighted the strength of the financial position of the World Bank Gr
UNICEF Executive Director Henrietta H. Fore meets with students at the Roberto Suazo Córdoba School, in Tegucigalpa, Honduras. Credit: UNICEF/Bindra UNITED NATIONS, Jul 19 2021 (IPS) - With Henrietta Fore’s decision last week to step down as UNICEF Executive Director, her successor is most likely to be another American since that post has been held– uninterruptedly — by US nationals for almost 74 years, an unprecedented all-time record for a high-ranking job in the UN system. The seven U.S. nationals who have headed the UN children’s agency since its inception in 1947 include Mauric...
ACS Secretary General Rodolfo Sabonge and representative of the Chair of the Ministerial Council (Mexico) have offered condolences to the people of Haiti and condemned the fatal attack on president Jovenel Moïse. At the 58 th Meeting of the Executive Board of the ACS Ministerial Council, Director General of Regional American Organisms Efraín Guadarrama Pérez said, “First, I would like to express my most sincere condolences to the Haitian people for the regrettable and cowardly assassination of President Jovenel Moïse.” Secretary General Sabonge also added his voice, “I also re...
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. ...