Global Response Newsfeed

IMF Executive Board Approves a US$152.61 Million Disbursement Under the Rapid Financing Instrument to Gabon to Address the COVID-19 Pandemic

“The Executive Board of the International Monetary Fund today approved a purchase of $152.61 million [to Gabon]. This is the second purchase under the Rapid Financing Instrument to Gabon since the onset of the pandemic. It aims at helping Gabon in meeting its urgent balance of payments needs.”

via IMF

IMF Executive Board Approves an Additional US$171.9 Million Disbursement Under the RCF to Madagascar to Address the COVID-19 Pandemic

“The Executive Board of the International Monetary Fund today approved the disbursement of $171.9 million to the Republic of Madagascar… This is the second emergency disbursement since the onset of the pandemic and will help finance the country’s urgent balance of payments and fiscal needs.”

via IMF

IMF Executive Board Approves US$49.1 million in Emergency Support to Lesotho to Address the COVID-19 Pandemic

“The IMF approved US$49.1 million emergency support under the Rapid Credit Facility and the Rapid Financing Instrument to help Lesotho meet urgent balance of payments needs stemming from the COVID-19 pandemic.”

via IMF

IMF Executive Board Approves US$110.4 Million in Emergency Support to The Kingdom of Eswatini to Address The COVID-19 Pandemic

“The Executive Board of the International Monetary Fund approved the Kingdom of Eswatini’s request for emergency financial assistance of SDR78.5 million (about US$110.4 million, 100 percent of quota) under the Rapid Financing Instrument to meet the urgent balance of payment needs stemming from the COVID-19 pandemic.”

via IMF

World Bank Continuous Support to Empower Zambia’s Women, Girls, and the Poorest Households

“Earlier this month, the Zambian government and the World Bank have signed a credit agreement for additional financing to support the Girls Education and Women’s Empowerment Project.”

via World Bank

Nigeria to Boost Support for Keeping Adolescent Girls in School

“The World Bank Board of Directors approved today a $500 million credit from the International Development Association for the Adolescent Girls Initiative for Learning and Empowerment, whose goal is to improve secondary education opportunities among girls in targeted areas.”

via World Bank

IMF Executive Board Approves US$4.3 Billion in Emergency Support to South Africa to Address COVID-19

“The Executive Board of the International Monetary Fund today approved South Africa’s request for emergency financial assistance of SDR 3,051.2 million (US$ 4,286.5 million or 100 percent of quota) under the Rapid Financing Instrument to meet the urgent balance of payment needs stemming from the outbreak of the COVID-19 pandemic.”

via IMF

Press briefing on Zimbabwe: UN High Commissioner for Human Rights

“We are concerned at allegations in Zimbabwe, which suggest that the authorities may be using the COVID-19 pandemic as a pretext to clamp down on freedom of expression and freedom of peaceful assembly and association.”

via UN High Commissioner for Human Rights

African Development Bank approves $53 million COVID-19 response grant for Gambia, Liberia, and Sierra Leone

“The African Development Bank’s Board of Directors on Friday approved a UA 38.15 million ($53.25 million) multi-country grant to The Gambia, Liberia and Sierra Leone in the form of direct budget support to bolster efforts to fight the COVID-19 pandemic in the three West African countries.”

via AfDB

Djibouti: African Development Fund commits $41.16 million in grants to shore up COVID-19 response

“The African Development Bank on Friday approved grants worth about $41.16 million to Djibouti to bolster the national budget in support of government efforts to mitigate national and regional impacts of the COVID-19 pandemic.”

via AfDB