April 5, 2021/IMF The Executive Board of the International Monetary Fund (IMF) approved on April 1, 2021 a third tranche of grants for debt service relief for 28 member countries under the Catastrophe Containment and Relief Trust (CCRT). This approval follows two prior tranches approved on April 13, 2020 and […]
World News
Egypt Captivates World with Golden Pharaoh Parade
April 3, 2021/Aetsowire Twenty-two pharaoh mummies walked the streets of Cairo on Saturday evening in a stunning royal procession from the Egyptian Museum on Tahrir Square to the new National Museum of Egyptian Civilization (NMEC) in Fustat. The event marked the official launch of NMEC. Against the backdrop of fireworks, […]
IMF Approves $270.83 Million Disbursement to Namibia to address the COVID-19 Pandemic
The IMF approved the purchase of US$270.83 million to Namibia under the Rapid Financing Instrument (RFI) to address urgent balance of payment and fiscal financing needs stemming from the COVID-19 pandemic. Namibia is being severely affected by the COVID-19 pandemic, with the economy having sharply contracted by 7.2 percent in […]
