The Bank’s current portfolio in Somalia totals $298 million, covering operations in agriculture, water and sanitation, transport, social and energy, and multi-sectoral projects June 10, 2020/AfDB In early 2020, Somalia, with support from the United Kingdom Government and the European Union, settled its arrears to the African Development Bank (www.AfDB.org), […]
Updates
Somalia: AfDB’s intervention helps to curb COVID-19 in vulnerable communities
African Development Bank-financed water supply and sanitation project came in handy as a critical control intervention June 10, 2020/AfDB With 2.6 million internally displaced persons in Somalia, the outbreak of COVID-19 poses an additional challenge in an already fragile situation, leaving the population highly vulnerable. Thankfully, the African Development Bank-financed […]
Implementation Note issued June 10, 2020
June 10, 2020/US Federal Reserve Decisions Regarding Monetary Policy Implementation The Federal Reserve has made the following decisions to implement the monetary policy stance announced by the Federal Open Market Committee in its statement on June 10, 2020: The Board of Governors of the Federal Reserve System voted unanimously to […]
