"ECONOMIC CONDITIONS"

King Abdullah II of Jordan told the General Assembly General Debate that “the bitter war on Gaza" in 2020, was a reminder that the current Middle East situation "is simply unsustainable." UNIFEED

Press Conference by Geraldine Byrne Nason, Permanent Representative of Ireland and Security Council President, on the programme of work for September.

A top United Nations official told the Security Council that all parties in Yemen “must prioritize civilian needs and abstain from weaponizing the economy, particularly in light of the critical humanitarian situation in the country.” UNIFEED

Marking a decade of independence, South Sudan faces slow progress, lingering violence, Secretary-General’s Special Representative tells Security Council.

The IMF’s Managing Director, Kristalina Georgieva, in a conversation today (20 May) with the President of the European Central Bank, Christine Lagarde at the first Vienna Economic Forum said that the Covid-19 pandemic has affected women more than men. Policy makers therefore need to consider this crisis as an opportunity to deal with the gender inequalities that already existed before the pandemic and work on closing the gap. IMF

IMF Managing Director Kristalina Georgieva hosted a virtual conversation with Canada’s Deputy Prime Minister Chrystia Freeland and discussed the importance of policies that promote gender equality during the recovery from the COVID-19 crisis and how working mothers with young children were the biggest casualties from the COVID crisis. IMF

The sub-Saharan Africa region’s economic outlook will grow by 3.4 percent in 2021, up from 3.1 percent projected in October, and supported by improved exports and commodity prices, along with a recovery in both private consumption and investment, the IMF announced in a press briefing in Washington, DC. IMF

Asia is growing strongly in 2021, but there is still much uncertainty and risk to the economic outlook, the IMF says in the newly released Asia Pacific Regional Economic Outlook released today in Washington, DC. IMF

Global growth is getting an upgrade, but prospects for recovery are still highly uncertain due to the race between rolling out vaccines and mutations to COVID-19 the IMF says in its latest quarterly update to the World Economic Outlook report. IMF

The IMF announced an upgrade to global growth in its World Economic Outlook. The global economy is projected to grow at 6 percent in 2021, moderating to 4.4 percent in 2022, a big turnaround from an estimated contraction of –3.3 percent in 2020 when the world was hit by pandemic. IMF