Северный флот показал защищающих атомные подлодки пловцов tvzvezda.ru - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tvzvezda.ru Daily Mail and Mail on Sunday newspapers.
Petroleum fund
Another issue Mr Agyeman cited was the administration of the Ghana Petroleum Fund (GPF), which is made up of the Ghana Heritage Fund (GHF) and the Ghana Stabilisation Fund (GSF).
He noted that the instruments in which the GHF was invested were low risk resulting in low returns, therefore, there was the need to diversify the investment portfolios so that the returns at the end of the day would be quite appreciable.
On the other hand, he explained that although the essence of the GSF is to provide economic buffer in times of unanticipated shocks to the national economy, about 90 per cent of withdrawals from the fund over the 10-year period of oil production has gone into debt repayment.
Как не впасть в психоз в эпоху пандемии trud.ru - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from trud.ru Daily Mail and Mail on Sunday newspapers.
$117.9M supplementary budget approved
By: Dayle Da Silva•
Parliament on May 11 approved EC$117.9 million towards providing immediate humanitarian aid and preliminary clean-up.
Minister of Finance, Camillo Gonsalves said that the amount quoted in the Supplementary Appropriation Bill is financed almost 100 percent by capital receipts. This EC$117.9 million budget is financed by money in hand or imminently on hand in the case of commitments from international financing entities that are completing their own bureaucratic processes,” Gonsalves explained.
Among the contributing sources are: the Contingency Fund - EC$15 million; World Bank/Catastrophe Deferred Drawdown Option – EC$54 million; the Caribbean Catastrophe Risk Insurance Facility – EC$5.9 million; the Eastern Caribbean Central Bank – EC$1 million; the Caribbean Development Bank – EC$13.4 million, the International Monetary Fund - $16.1 million and the World Bank’s International Association – EC$4.9
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Timor-Leste is suffering an unprecedented humanitarian crisis, jointly caused by a recent cyclone and by the rapid spread of COVID-19. These events threaten the very health and well being of our population. The country faces rising poverty, food and water insecurity, income loss, reduced productivity, malnutrition, and disease. These impacts are expected to worsen in the very near future.
On April 4, Tropical Cyclone Seroja tore across the capital Dili and other parts of the country with winds in excess of 125 kilometers per hour. Flash floods and landslides ensued, the likes of which had not been seen in decades. With its passage, the cyclone inundated major parts of the capital and affected some 2,100 hectares of agricultural land. It smashed public infrastructure including the waterfront, roads and bridges; it destroyed thousands of homes. The cyclone took the lives of 41 citizens, displaced about 8,000 people and caused serious economic and health-related difficul