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First Woman Governor Faces Major Challenges | Global Finance Magazine


First Woman Governor Faces Major Challenges
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Democratic Republic of Congo s new central bank governor faces serious hurdles besides being the first woman to hold the position.
July 25, 2021
Few central banks across the globe need reform as much as the Banque centrale du Congo (BCC). The International Monetary Fund has repeatedly criticized the central bank of the Democratic Republic of Congo (DRC) for lacking autonomy, transparency and necessary supervision capabilities.
Malangu Kabedi-Mbuyi, appointed in July as the new BCC governor, is tasked with reforming the institution, enhancing monetary policy and streamlining the banking sector. The IMF veteran is the first woman to hold the position. ....

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World Bank approves US$100 million loan for Barbados' COVID-19 response – NationNews Barbados — nationnews.com

Washington – The World Bank board of executive directors approved today a US$100 million COVID-19 Response and Recovery Development Policy Loan for Barbados. The operation will support the COVID-19 relief efforts and promote a resilient economic recovery from the crisis. “The COVID-19 pandemic has severely affected Barbados, which had been successfully implementing its economic reform programme,” said Tahseen Sayed, World Bank Country Director for the Caribbean. “There have been serious impacts on key sectors such … ....

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