Economy and Financial Affairs
- Thu May 22 2008
IMF "cure" for food crisis also a cause
The International Monetary Fund (IMF) says it is responding to the global food crisis by doling out new emergency loans to 15 of the world's poorest nations, mostly in Africa.
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Economy and Financial Affairs
- Thu May 22 2008
Donors take step forwards to untie aid
Donor governments agreed that they would untie their aid to more countries in order to include all HIPC countries. This effectively adds 8 more countries to the list of 31 countries. They are Bolivia, Cameroon, Côte d’Ivoire, Ghana, Guyana, Honduras, Nicaragua, and Republic of Congo.
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Economy and Financial Affairs
- Thu May 22 2008
Food prices remain high despite higher output
High food prices have particularly hit vulnerable populations in many countries that spend a substantial part of their income on food, according to a report released by the UN Food and Agriculture Organization (FAO).
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Economy and Financial Affairs
- Thu May 22 2008
The Regional Meeting for Civil society organization in the Arab region In preparation for the High Level Forum on Aid Effectivenes
This workshop will take place in the kingdom of Bahrain, Al Juffair, Rami hotel between 24 and 27 May, 2008.
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Economy and Financial Affairs
- Tue May 20 2008
IMF "cure" for food crisis also a cause
The IMF says it is responding to the global food crisis by doling out new emergency loans to 15 of the world's poorest nations, mostly in Africa. But the new loans carry the same controversial conditions, such as tariff and subsidies cuts, that many analysts now agree are partly to blame for the soaring inflation and inability of developing country governments to cope.
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Economy and Financial Affairs
- Fri May 16 2008
Workshop advocates transparent arbitration in debt disputes
Stakeholders are calling for a Fair and Transparent Arbitration (FTA) mechanism in resolving disputes between creditor and debtor nations; to promote global partnership and economic growth. This was the highlight of a workshop organised in Abuja by ANEEJ with support from AFRODAD.
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Economy and Financial Affairs
- Thu May 15 2008
Report from Maputo: Mozambican Civil Society Meets to Debate Statement
About 35 people representing a range of Mozambican civil society groups met at a Maputo hotel to draft a statement on the African Development Bank. The meeting took place as the AfDB held the formal opening ceremony for its 43rd annual meeting a couple miles away at the beach-front Chissano Convention Center.
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Economy and Financial Affairs
- Mon May 12 2008
Report from Maputo: African Development Bank annual meeting
The annual meeting of the African Development Bank started on Sunday in Maputo, Mozambique. The "official meetings" – when the board of governors meets – are on Wednesday and Thursday (May 14-15). Until then there are a few seminars and report-launches.
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Economy and Financial Affairs
- Mon May 05 2008
NGOs to ADB president: "No future for Asia’s poor under ADB!"
Asian Development Bank President Haruhiko Kuroda opened the 41st Annual Meeting of the ADB under a hail of questions from civil society groups critical of the ADB’s pursuit of private sector development at the expense of poverty-alleviation efforts and community and environmental interests.
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Economy and Financial Affairs
- Fri May 02 2008
Exodus at the IMF
As the IMF continues to face escalating deficits and a crisis of credibility, almost a quarter of its 2,400 full-time staff in Washington, D.C. have voluntarily applied for resignations. The actual number of buyout requests was as high as 620, far in excess of the institution’s goal of laying off 380 staff.
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