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IMF praises progress in Sudan, calls for further economic reform - Vimarsana News

IMF praises progress in Sudan, calls for further economic reform

The International Monetary Fund managing director approved on Monday the first review of Sudan's Staff-Monitored Program but called for reform of a customs exchange rate and more transparency over...

Helping Build the State in Somalia: Financing, Financial Management, and Federalism - Vimarsana News

Helping Build the State in Somalia: Financing, Financial Management, and Federalism

  Photo: Hassan Hirsi and Warsame Gure, World Bank The Recurrent Costs and Reform Financing project has supported day-to-day functioning and financial management systems of key ministries of the federal and subnational governments in Somalia. Specifically, through its three phases, the project has supported the federal dialogue and funded basic services critical for peace building and reconstruction of the fragile state. Challenge After more than twenty years of conflict, Somalia is currently on a path of political stabilization and reconstruction.  Important milestones include t...

How South Africa Can Nudge Zimbabwe toward Political and Economic Stability - Vimarsana News

How South Africa Can Nudge Zimbabwe toward Political and Economic Stability

Zimbabwe's President Emmerson Mnangagwa and his South African counterpart Cyril Ramaphosa arrive for bilateral talks in Harare, Zimbabwe March 12, 2019. REUTERS/Philimon Bulawayo For years, South Africa trusted in behind-the-scenes contacts to alleviate Zimbabwe’s political and economic problems. But those troubles have continued to mount. By stepping up pressure, and by working with Washington on reform guidelines, Pretoria can help Harare find a way out of its crisis. by crisisgroup. org What’s new? As Zimbabwe’s political and economic crises worsen, South Africa is moving beyond i...

How South Africa Can Nudge Zimbabwe toward Stability - Vimarsana News

How South Africa Can Nudge Zimbabwe toward Stability

What’s new? As Zimbabwe’s political and economic crises worsen, South Africa is moving beyond its policy of “quiet diplomacy” with its northern neighbour and applying more pressure on Harare to open up political space and reform its economy. Why does it matter? With Zimbabwe’s people slipping further into destitution, crackdowns fostering a growing sense of grievance within the opposition, and political divisions pitting ruling-party members against one another, the country could tip into even greater crisis through mass unrest or another coup. What should be done? Pretoria s...