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Norway Writes Off Liberia’s $70m Debt
A signing ceremony to mark the final cancellation of the $70 million debt Liberia owed the Norwegian Government took place on Tuesday at the Finance Ministry in Monrovia.
Sweden Provides $5m Grant to Liberia for Financial Reform
The government of Sweden has provided a $5 million grant to Liberia to support the post-war country’s implementation of the Integrated Financial Management Information Systems (IFMS).
International Monetary Fund Delegation to Participate in Liberia’s Poverty Reduction Review Program
The Director of the Africa Department of the International Monetary Fund (IMF) Dr. Antoinette Sayeh arrives in Liberia next Monday to participate in the third program review of the Poverty Reduction and Growth Facility and discuss progress and challenges...
New Governor Appointed to Malawi Central Bank
Malawi President Bingu wa Mutharika has appointed Perks Ligoya, a macroeconomist from finance ministry, to be the new governor of the Reserve Bank of Malawi. Ligoya replaces Victor Mbewe who resigned from the position last month.
Arab Bank for Economic Development in Africa Makes Loan to Burkina Faso Women’s Fund
The Arab Bank for Economic Development in Africa (BADEA) has lent 750 million CFA francs to the Support Fund of Women’s income generating activities (FAARF) of Burkina Faso, a statement of the economy and finance ministry available to APA disclosed...
Israeli Scheme May Soon Leave Almost No Palestinian Workers in Israel’s Construction Sector
If the Israeli Ministry of Finance manages to push through some reforms as part of the proposed 2009 budget, there may soon be almost no Palestinian workers in Israel’s construction sector. “We are supporting a plan where the idea is to increase...
Zimbabwe Raises Tax-free Income Threshold
The Zimbabwean government has raised the threshold for non-taxable income by a staggering 2,400 percent as it battles runaway inflation and a free-falling local currency, a state-owned newspaper, The Herald, reported on Wednesday.
