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Kenya to receive at least Sh200b in loans next month by VICTOR AMADALA Kenya expects more than Sh200 billion from international lenders by end of June as part of budgetary support as the economy recovers from Covid-19. Addressing a post-Monetary Policy Committee (MPC) press briefing, Central Bank of Kenya Governor Patrick Njoroge revealed that the country is expecting loans from the World Bank, IMF and AfDB in coming weeks. The World Bank is expected to release $750 million (Sh81 billion) as part of a third Development Policy Operation (DPO) programme to cushion the local economy from the vagaries of Covid-19. ....
Published: 13 May 2021 ~ Political talks begin with USP, and incoming UP MP.~ PHILIPSBURG: - The Council of Ministers officially suspended the Managing Director of the Princess Juliana International Holding Company Dexter Doncher. Doncher was informed of the suspension by letter late Wednesday night after the Council of Ministers held an emergency meeting and voted. Dexter Doncher was given a warning letter two days prior to the three months suspension. The Council of Ministers wanted to fire Doncher who followed the instructions of the government to officially dismiss the Chief Executive Officer (CEO) of Princess Juliana International Airport, Brian Mingo on April 7th. Mingo then filed an injunction against his termination and the judge ruled in favor of Mingo due to a technical error in the dismissal procedure. ....
Date Time World Bank Supports Cameroon to Build a Resilient and Inclusive Recovery Cameroon will be better able to address the COVID-19 pandemic with a $100 million Development Policy Operation (DPO) approved on April 19 to support the Government of Cameroon to advance reforms for fiscal consolidation and competitiveness. “As Cameroon is embarking in an ambitious program of reforms, this operation will support policy action to mitigate the impact of COVID-19 pandemic by, supporting public sector management, improving competition and protecting the poor and most vulnerable,” says Abdoulaye Seck, World Bank Country Director for Cameroon. This operation, the third in a series of three, builds on the first DPO and is aligned with Cameroon’s economic growth, poverty reduction, and reform priorities as set forth in its long-term development agenda, Vision 2035. ....
Uganda COVID-19 Crisis Response and Recovery Budget Support to Mitigate COVID-19 Pandemic - Uganda reliefweb.int - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reliefweb.int Daily Mail and Mail on Sunday newspapers.
São Tomé and Príncipe: The World Bank Provides $10 Million to Support São Tomé and Príncipe's Response to Covid-19 allafrica.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from allafrica.com Daily Mail and Mail on Sunday newspapers.