Han Zheng Attends and Addresses the Summit on the Financing of African Economies fmprc.gov.cn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fmprc.gov.cn Daily Mail and Mail on Sunday newspapers.
May 18, 2021, 8:56 PM – Updated on May 18, 2021, 10:01 PM
Word Count: 461
(Bloomberg)
Africa is earmarked to receive $33 billion out of an injection of $650 billion the IMF is preparing to give out to its member countries later this year. A collective effort is underway to boost that amount to $100 billion, President Emmanuel Macron says in a live-streamed conference.
“We have decided to work together over the next weeks to reach a political agreement” by October, Macron said. “We need to more than triple the natural envelope that would have gone to Africa,” he said.
The summit drew participation from IMF Managing Director Kristalina Georgieva, German Chancellor Angela Merkel, U.S. Treasury Secretary Janet Yellen, and Vice Premier Han Zheng of China, the world’s top bilateral lender to developing economies. While Macron said the meeting led to “a change of mindset,” it stopped short of securing the financial firepower African economies need. The IMF esti
France Among Nations Seeking to Triple Africaâs Share of New IMF Funding
May 19 2021, 12:16 PM
May 19 2021, 12:26 AM
May 19 2021, 12:16 PM
(Bloomberg) France has called on other rich countries to follow its example and commit to reallocating part of their International Monetary Fund special drawing rights to Africa, so the continent can triple its share of new funding support.
(Bloomberg) France has called on other rich countries to follow its example and commit to reallocating part of their International Monetary Fund special drawing rights to Africa, so the continent can triple its share of new funding support.
Africa is earmarked to receive $33 billion out of an injection of $650 billion the IMF is preparing to give out to its member countries later this year. A collective effort is underway to boost that amount to $100 billion, President Emmanuel Macron says in a live-streamed conference.
Chinese vice premier stresses continuous efforts on environment
Xinhua
19 May 2021, 02:05 GMT+10
BEIJING, May 18 (Xinhua) Chinese Vice Premier Han Zheng on Tuesday called for continuous efforts to promote environmental protection. Han, also a member of the Standing Committee of the Political Bureau of the Communist Party of China Central Committee, made the remarks when chairing a symposium held at the Chinese Research Academy of Environmental Sciences. He emphasized efforts to continuously intensify the prevention and control of water pollution and effectively ensure the safety of drinking water. More work should be done to strengthen aquatic ecological restoration and biodiversity conservation in the Yangtze River basin, promote ecological protection and high-quality development in the Yellow River basin and facilitate ecological protection in the follow-up planning of the South-to-North Water Diversion Project, he said.
Leaders hold talks in Paris to revive African economies wsls.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wsls.com Daily Mail and Mail on Sunday newspapers.