Facing Crisis Upon Crisis: How the World Can Respond
Spring Meetings 2022 Curtain Raiser: Facing Crisis Upon Crisis: How the World Can Respond, By Kristalina Georgieva, IMF Managing Director
Bulgaria: Staff Concluding Statement of the 2022 Article IV Mission
Bulgaria mission statement
Latin America Hit By One Inflationary Shock On Top of Another
After years of fluctuating around targets, inflation in Latin America’s largest economies is the highest it’s been in 15 years, having suffered two major shocks: the impact of the pandemic, and of the Russia-Ukraine war.
IMF Staff Completes 2022 Article IV Mission to Côte d’Ivoire
IMF Staff Completes 2022 Article IV Mission to Côte d’Ivoire
Sahel Alliance’s 3rd General Assembly strengthens commitments to Sahelian populations
Representatives of the Sahel Alliance and its partners met in Madrid on 4 April 2022, under the chairmanship of the Spanish Minister of Foreign Affairs, European Union and Cooperation, for the Sahel Alliance's 3rd General Assembly. Deeply concerned by the deterioration of the political and security situation, the escalation of crises and a worsening food situation in several G5 Sahel countries, the members agreed on the resolutions that would allow for the continuation and strengthening of their interventions to the benefit of the populations.
Zimbabwe: African Development Bank notes progress on arrears clearance
African Development Bank officials and representatives of the Zimbabwe government met on Wednesday to discuss the nation’s arrears clearance and ongoing partnership between the southern African nation and the development institution. They noted progress in Zimbabwe’s reform agenda.
Malawi: Country strategy sparks transformation in agriculture
Some 250 young agricultural entrepreneurs were trained, 10,000 people gained access to agricultural loans and 12 small agricultural businesses have been created. In total, 8,000 new irrigation projects were launched.
Malawi has achieved significant progress in its agricultural sector, helped by a country strategy drafted by the African Development Bank. The 2018-2022 strategy also supported progress in the transport sector, according to the mid-term review approved on 4 April by the African Development Bank Group’s Boards of Executive Directors in Abidjan.
Africa Road Builders: Tanzanian President Samia Suluhu Hassan wins the 2022 Babacar Ndiaye Trophy for transport success
Tanzanian President Samia Suluhu Hassan has been named the 2022 winner of the Africa Road Builders–Babacar Ndiaye Trophy. The prize is awarded to leading figures in Africa who have demonstrated their commitment to the development of transport infrastructure on the continent.
The selection committee for the award commended Hassan for her “personal leadership, huge investments and commitment” to extending roads and the railway network in Tanzania. “We send our warm congratulations to President Samia Hassan and the people of Tanzania,” the selection committee said.