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| Monday, Jun 04, 2001 |
Last Updated: 04/06/2001 18:30 |
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| HARARE |
Zimbabwean President Robert Mugabe says the International Monetary Fund must be reformed to force it to support developing countries regardless of their political or rights records, the state-owned Herald said Monday.
Mugabe said that unlike the UN, where all members have an equal voice, the IMF is being used by powerful western nations to deprive some developing countries of much-needed assistance on political grounds.
"If a country needs balance of payments support, for example, that question must not invoke whether human rights have been violated or not," he told the paper.
Mugabe, who returned home Monday from a G-15 summit in Indonesia, said in the interview the IMF lending criteria should rather be determined by "proper utilisation of the funds".
"No ... |
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| ULAN BATOR |
Filthy, aggressive and dressed in rags, the street children of Ulan Bator are the victims of a Mongolian society riven by domestic violence and torn apart by breakneck social changes.
Typically aged between five and 14, the children roam the streets of the Mongolian capital in search of scraps of ... |
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| WASHINGTON |
The World Bank on Friday said it had approved a seven million dollar credit for the Palestinian Authority to improve educational management in the West Bank and Gaza Strip.
The funds will support efforts to enhance educational ... |
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| WASHINGTON |
Uganda has been awarded a 150 million dollar credit from the World Bank, the first beneficiary of a new program designed specifically to combat poverty, the Bank announced here Friday.
It said the World Bank's board of directors ... |
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| MOSCOW |
Russia's children are at risk from poverty, crime and disease, with some 2.5 million homeless kids, while only 10 percent of school leavers are said to be healthy, experts warned Friday on World Protection of Children Day.
Human ... |
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| ANKARA |
An IMF mission began talks here Friday on Turkey's progress in implenting an austerity program, one day after a top minister resigned for apparently criticising part of the plan.
The IMF delegation has around 10 days to check ... |
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| VILNIUS |
The World Bank is set to suspend granting a second 50 million-dollar (59 million euros) instalment of a structural adjustment loan to Lithuania due to slow progress in energy sector reform, a bank representative said Friday.
"Most probably granting of the second part of the loan will be suspended as some reforms have proceeded slower than expected," said Mantas Nocius, manager of the World Bank's Lithuanian office.
Lithuania did not fulfil its commitments to restructure the state-owned energy utility Lietuvos Energia, is moving slower than ... |
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| ANKARA |
An International Monetary Fund (IMF) mission began talks here Friday on an austerity program hammered out with Turkey, a day after the Turkish privatisation minister resigned over comments he had made on the plan.
The IMF ... |
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