World Food Programme pauses distribution in north Yemen as funds limited
RIYADH (Reuters) – The World Food Programme (WFP) said on Tuesday it had paused general food distribution in north Yemen due to limited funding and disagreement with local authorities over how to…
IMF staff to visit Sri Lanka in Sept for first programme review
LONDON (Reuters) – An International Monetary Fund (IMF) staff team will visit Colombo in a month’s time for the first review on Sri Lanka’s loan programme, a spokesperson said on Tuesday. The…
Australia sets climate target for aid programme, pledges more local jobs
By Kirsty Needham SYDNEY (Reuters) – Australia will put climate change and local jobs at the centre of its international aid programme, in a policy overhaul designed to compete with China’s infrastructure-building…
Bank of England forecasts 150 billion pound loss from QE gilt programme
By David Milliken LONDON (Reuters) – The Bank of England forecast on Tuesday that it would make a net loss of just over 150 billion pounds ($193 billion) over the next 10…
IMF approves $189 million payment to Zambia after first programme review
JOHANNESBURG (Reuters) -The International Monetary Fund’s executive board has approved an immediate $189 million disbursement to Zambia following its first review of a $1.3 billion loan programme, the IMF said on Thursday.…
IMF board approves Pakistan bailout programme
(Reuters) – The board of the International Monetary Fund (IMF) approved a $3 billion, nine-month bailout programme for Pakistan on Wednesday, the IMF said. Pakistan and the Fund had reached a staff…
Japan and NATO agree on new partnership programme at NATO Vilnius summit
By Sakura Murakami and Kentaro Sugiyama TOKYO (Reuters) – Japan’s Prime Minister Fumio Kishida said on Wednesday he welcomed that Japan and the North Atlantic Treaty Organization (NATO) had agreed on a…
IMF board to meet on July 12 for first review of Zambia’s programme -sources
By Jorgelina do Rosario LONDON (Reuters) – The International Monetary Fund executive board will meet on July 12 to complete the first review of its $1.3 billion extended fund facility (EFF) programme…
Volkswagen supervisory board to discuss savings programme on Tuesday
BERLIN (Reuters) – Volkswagen’s supervisory board will meet on Tuesday to discuss a planned savings programme ahead of its capital markets day on June 21, two sources close to the company said…
North Korea’s space launch programme and long-range missile projects
SEOUL (Reuters) – North Korea made a failed attempt at launching its first spy satellite on Wednesday, with the booster and payload plunging into the sea, North Korean state media said, a…
Poland to launch submarine purchase programme soon – minister
WARSAW (Reuters) – Polish Defence Minister Mariusz Blaszczak said on Wednesday that Poland plans to launch a submarine purchase programme in 2023. Poland has increased military spending since Russia’s invasion of neighbouring…
Japan’s plan to issue bonds to fund childcare programme adds to debt burden
By Leika Kihara and Tetsushi Kajimoto TOKYO (Reuters) – Japan’s government is expected to fund part of its spending for childcare measures by issuing additional bonds over a period of roughly two…
Blinken says ‘shares aspiration’ of Ethiopia rejoining U.S. trade programme
ADDIS ABABA (Reuters) – U.S. Secretary of State Antony Blinken said on Wednesday he shared Ethiopia’s aspiration to rejoin the African Growth and Opportunity Act (AGOA), a U.S. trade programme, as it…
G7 raises Ukraine support to $39 billion for 2023, urges IMF programme by March
BENGALURU (Reuters) – The Group of Seven (G7) nations on Thursday raised economic support to Ukraine to $39 billion for this year and urged an IMF programme for the country by the…
IMF mission to visit Pakistan this month to discuss stalled bailout programme
By Gibran Naiyyar Peshimam KARACHI, Pakistan (Reuters) -An International Monetary Fund mission will visit Pakistan later this month to discuss the stalled ninth review of the country’s current funding programme, the lender’s…
North Korea’s weapons programme defies COVID outbreak, reaches ‘uncharted territory’
By Josh Smith SEOUL (Reuters) – North Korea forged ahead with its missile programme in 2022 and took steps toward resuming testing of nuclear bombs, as world events including the COVID pandemic…
Board of Russia’s AvtoVAZ approves $585 million in 2023 investment programme – RIA agency
(Reuters) – The board of directors of Russian top carmaker AvtoVAZ approved the firm’s 2023 investment programme for just under 40 billion roubles ($585 million), Russia’s state news agency RIA reported late…
Russia’s space agency to issue bonds for satellite programme
MOSCOW (Reuters) – Russia’s space agency will borrow up to 50 billion roubles ($710 million) in 2023 to fund a mass satellite-building programme to catch up with the United States and China,…
France to release 5 billion euros of SDRs to vulnerable countries under G20 programme
PARIS (Reuters) – France will release some 4 billion International Monetary Fund (IMF) Special Drawing Rights (SDRs), worth about 5 billion euros ($5.26 billion), to the world’s most vulnerable countries under a…
Pakistan, IMF plan to move fast on bailout programme
ISLAMABAD (Reuters) – Pakistan and the International Monetary Fund (IMF) will “expeditiously” finish their technical engagement as part of the ninth review of Pakistan’s bailout programme, Pakistan’s finance ministry said on Thursday.…
Egypt nears staff-level agreement with IMF on terms of its programme -finance minister
(Reuters) -Egypt has finalised a staff-level agreement with the international monetary fund (IMF) on the components of its programme, and will issue an announcement “very soon,” the country’s finance minister said on…
IMF reaches staff-level agreement with Tunisia for loan programme
By Angus McDowall and Tarek Amara TUNIS (Reuters) – Tunisia has reached a preliminary agreement with the International Monetary Fund (IMF) for a $1.9 billion rescue package that could be finalised in…
IMF team heads to Ghana on Monday to discuss loan programme request
(Reuters) – The International Monetary Fund confirmed on Sunday that a staff team will visit Ghana this week to continue discussions with the authorities on policies and reforms that could be supported…
IMF anticipates no further relief needed for Zambia post-debt programme
By Chris Mfula LUSAKA (Reuters) – The International Monetary Fund (IMF) does not anticipate any relief for Zambia after the end of a 2022-2025 debt programme, its mission chief Allison Holland said…
ByteDance’s Douyin teams up with Alibaba’s Ele.me in mini programme push
BEIJING (Reuters) – ByteDance’s Douyin and Alibaba-owned Ele.me said on Friday they have agreed on a collaboration that will see the food delivery app establish a presence on Douyin, as the Chinese…
Ukraine seeks new IMF programme, hopes aid arrives in Nov-Dec – PM
KYIV – Ukraine has formally requested a new programme from the International Monetary Fund and hopes to receive aid under the programme from November to December, Ukrainian Prime Minister Denys Shmygal said…
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