Success Tonics Blog
  • HOME
  • ABOUT
  • CONTACT US
    • ADVERT PLACEMENT
  • CURRICULUM VITAE
  • LECTURES AND SEMINAR
  • PUBLICATIONS
  • ASSIGNMENT AND QUIZ
  • INSPIRATION
  • NEWS
    • ENTERTAINMENT
  • LIFESTYLE
  • SOCIO-ECONOMIC ISSUES
  • SPORTS UPDATE
  • ICT UPDATE
  • INEWS
  • SCHOLARSHIPS
  • JOBS AND VACANCIES
  • Shop
    • Get My Books on Amazon
    • My account
    • Checkout
    • Product Pages
    • Visit My Selar Store
  • Wishlist
  • Basket
  • You Are On a Journey and You Will Get There (Book)
  • Just a Fruit (Book)
  • Pathway to Success and Excellence Book
No Result
View All Result
  • HOME
  • ABOUT
  • CONTACT US
    • ADVERT PLACEMENT
  • CURRICULUM VITAE
  • LECTURES AND SEMINAR
  • PUBLICATIONS
  • ASSIGNMENT AND QUIZ
  • INSPIRATION
  • NEWS
    • ENTERTAINMENT
  • LIFESTYLE
  • SOCIO-ECONOMIC ISSUES
  • SPORTS UPDATE
  • ICT UPDATE
  • INEWS
  • SCHOLARSHIPS
  • JOBS AND VACANCIES
  • Shop
    • Get My Books on Amazon
    • My account
    • Checkout
    • Product Pages
    • Visit My Selar Store
  • Wishlist
  • Basket
  • You Are On a Journey and You Will Get There (Book)
  • Just a Fruit (Book)
  • Pathway to Success and Excellence Book
No Result
View All Result
Success Tonics Blog
No Result
View All Result

IMF approves immediate debt relief for 25 countries

Tony Orji by Tony Orji
April 16, 2020
in Featured, INews, News, Socio-Economic Issues, Uncategorized
Reading Time: 1 min read
A A
0
Share on FacebookShare on TwitterShare on Whatsapp

The International Monetary Fund’s (IMF) Executive Board has approved immediate debt service relief to 25 of its member countries under the IMF’s revamped Catastrophe Containment and Relief Trust (CCRT).

Ms Kristalina Georgieva, the Managing Director, said this in a statement issued in Washington, D.C. on Tuesday.

According to her, the relief was part of the Fund’s response to help address the impact of the COVID-19 pandemic.

“This provides grants to our poorest and most vulnerable members to cover their IMF debt obligations for an initial phase over the next six months.

“It will help them channel more of their scarce financial resources towards vital emergency medical and other relief efforts.

“The CCRT can currently provide about 500 million dollars in grant-based debt service relief, including the recent 185 million dollars pledge by the United Kingdom and 100 million dollars provided by Japan as immediately available resources.

“Others, including China and the Netherlands, are also stepping forward with important contributions.”

Georgieva urged other donors to help the IMF replenish the Trust’s resources and further boost its ability to provide additional debt service relief for a full two years to its poorest member countries.

The countries that would receive debt service relief are: Afghanistan, Benin, Burkina Faso, Central African Republic, Chad, Comoros, Democratic Republic of Congo, The Gambia and Guinea.

Others are Guinea-Bissau, Haiti, Liberia, Madagascar, Malawi, Mali, Mozambique, Nepal, Niger, Rwanda, São Tomé and Príncipe, Sierra Leone, Solomon Islands, Tajikistan, Togo and Yemen.

Newsmen report that the IMF is an organisation of 189 countries, working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth and reduce poverty around the world.

#IMF#

Tags: IMFRELIEF
Previous Post

Lagos residents express dissatisfaction with 14-day lockdown extension

Next Post

Shell resumes oil export from Forcados terminal

Related Posts

University of Melbourne Graduate Research Scholarships

Apply now: 2023 University of Melbourne Graduate Research Scholarships For International Students

September 19, 2023
University of Melbourne Graduate Research Scholarships

Apply Now! 2023 Stanford University Knight-Hennessy Scholarship for International Students

September 15, 2023
University of Stuttgart

Study-In-Germany: 2023 University of Stuttgart Scholarship Program for Developing Countries

September 15, 2023

APPLY NOW! SPECIAL SCHOLARSHIP AWARD FOR FEMALE STUDENTS AND SCHOLARS

September 14, 2023

Leave a Reply Cancel reply

Your email address will not be published.

Subscribe For Updates

RCCG 2022 JANUARY SHILOH HOUR

https://www.youtube.com/watch?v=z5rJDn-4SvE

Categories

Tags

Assignment Assingnment And Quiz award Call for Papers Capacity Building Career Careers Conference encouragement Entertainment Fellowship funding Grant grants ICT Updates INews Inspiration JOBS leadership Lifestyle message motivation News Nigeria online opportunities Opportunity Post Doc Fellowship Post Graduate Publication Quiz Recruitment Research scholarship Scholarships Seminar Socio-Economic Issues Sports Sports Update University VACANCIES Vacancy Wealth Creation Women Workshop

Recent Comments

  • CJ Sol on ECO. 324 Online Discussion/Quiz (Financial System, Intermediation, Foreign Exchange Market)—15-6-2023
  • Tony Orji on PUBLISHING AND GETTING READ : Understanding the Secrets to Impact Factor Publications by Researchers (NYA SOCIAL SCIENCE/HUMANITIES WORKING GROUP WEBINAR HELD ON THURS. 18th MAY, 2023–DOWNLOAD THE PRESENTATION BY PROF. T.C NZEADIBE HERE)
  • Tony Orji on PUBLISHING AND GETTING READ : Understanding the Secrets to Impact Factor Publications by Researchers (NYA SOCIAL SCIENCE/HUMANITIES WORKING GROUP WEBINAR HELD ON THURS. 18th MAY, 2023–DOWNLOAD THE PRESENTATION BY PROF. T.C NZEADIBE HERE)
  • Onyinyechi Okoye on PUBLISHING AND GETTING READ : Understanding the Secrets to Impact Factor Publications by Researchers (NYA SOCIAL SCIENCE/HUMANITIES WORKING GROUP WEBINAR HELD ON THURS. 18th MAY, 2023–DOWNLOAD THE PRESENTATION BY PROF. T.C NZEADIBE HERE)
  • Ukaigwe, Ugochukwu Francis on Eco. 512 Online Quiz and Discussion (Determination of Interest Rates and Yield Curve Analysis in Financial Markets)–1/3/2023

About Dr. Anthony Orji

Dr Anthony Orji

Senior Lecturer, Economics, UNN

Dr Anthony Orji is a Ph.D holder in Economics and a lecturer at the Department of Economics, University of Nigeria Nsukka.

He obtained his B.Sc, Msc and Ph.D Degrees from the University of Nigeria, Nsukka and a Post Graduate Diploma in Sustainable Local Economic Development (SLED) from Erasmus University, Rotterdam Netherlands.

Dr Anthony Orji

Categories

  • Assignment And Quiz (99)
  • Conferences (19)
  • Entertainment (214)
  • Featured (208)
  • ICT Update (90)
  • INews (1,056)
  • Inspiration (394)
  • Jobs and Vacancies (221)
  • Lectures and Seminar (41)
  • Lifestyle (501)
  • NESA-UNN (118)
  • News (1,355)
  • Publications (31)
  • Scholarships (490)
  • Socio-Economic Issues (944)
  • Sports Update (93)
  • Uncategorized (1,321)
  • Workshops and Seminars (34)

Tag Cloud

Assignment Assingnment And Quiz award Call for Papers Capacity Building Career Careers Conference encouragement Entertainment Fellowship funding Grant grants ICT Updates INews Inspiration JOBS leadership Lifestyle message motivation News Nigeria online opportunities Opportunity Post Doc Fellowship Post Graduate Publication Quiz Recruitment Research scholarship Scholarships Seminar Socio-Economic Issues Sports Sports Update University VACANCIES Vacancy Wealth Creation Women Workshop

Success Tonics Blog © 2022 - All Rights Reserved.

No Result
View All Result
  • HOME
  • ABOUT
  • CONTACT US
  • ADVERT PLACEMENT
  • JOBS AND VACANCIES
  • SCHOLARSHIPS
  • LECTURES AND SEMINAR
  • ASSIGNMENT AND QUIZ
  • Shop
    • My account
    • Checkout
    • Wishlist

Success Tonics Blog © 2022 - All Rights Reserved.