Page 12 - Staff Monitored Programme News Today : Breaking News, Live Updates & Top Stories | Vimarsana

A letter of concern and a call to action from members of the Troika, Canada, France, Germany and the European Union Brussels, 05/05/2021 - 09:00, UNIQUE ID: 210505_2 Joint Statements Attention: Vice President Hussein Abdelbagi Vice President Taban Deng Gai Vice President Rebecca Nyandeng Garang A letter of concern and a call to action from members of the Troika, Canada, France, Germany and the European Union: On 9 July 2021, South Sudan will celebrate ten years since gaining independence. Independence was hailed as a path to a better life for the people of South Sudan, ...

Domestic resource mobilisation key for Zimbabwe – AfDB Senior Business Reporter  Boosting domestic resource mobilisation is critical for Zimbabwe’s economy going forward as external financing for the country is likely to remain clogged, the African Development Bank (AfDB) has said.  Official data shows that the country’s total public debt stands at US$11,1 billion, approximately 53,9 percent of gross domestic product (GDP).  And of that total, 95,6 percent is external, which includes $6,4 billion in arrears to international financial institutions, bilateral, and private creditors. �...

Khartoum, Sudan (PANA) - The Managing Director of the International Monetary Fund (IMF) has approved the first review of Sudan’s Staff-Monitored Programme (SMP), which supports the government’s home-grown programme of

  Acting Minister of Finance Heba Mohamed said in September that the implementation of the programme will make Sudan eligible for more than $1.5 billion annually in direct development grants to stimulate investment and revive the economy. The acting Minister of Foreign Affairs, Omar Gamareldin, admitted yesterday that debt relief needs time and will not be completed overnight. In a press statement he said that Sudan's return to the international financial system will also take time due to the bureaucratic procedures involved. Huge debt Sudan’s huge debt is mainly due to accrual of interest...

Until October, César Augusto Mba Abogo was the Minister for Finance, Economy and Planning in Equatorial Guinea. In his first international interview since leaving office, he talks about managing an economy during a recession, his negotiations with the IMF and pushing through reforms. César Augusto Mba Abogo spent a little over a year as Minister for Finance, Economy and Planning, when he had to manage an economic downturn caused by the rapid fall in the price of oil. Prior to his Ministerial position he was at the heart of the team monitoring the implementation of the country’s 2008-2020 ...