"ECONOMIC REFORMS"

The International Monetary Fund stands ready to support Egyptian authorities’ economic reforms and efforts to tame inflation, Fund Mission Chief for Egypt Ivanna Vladkova Hollar said in a news conference on Tuesday in Washington, DC. IMF

Adopting resolutions 2666 and 2667 (2022), Security Council extends mandate of Stabilization Mission in Democratic Republic of Congo for one year.

The IMF Executive Board completed the Fourth reviews of the Extended Fund Facility and Extended Credit Facility arrangements with Kenya, providing the country with access to about (USD) 447.9 million. IMF

The IMF announced that it is aiming to operationalize the Resilience and Sustainability Trust around the 2022 Annual Meetings which will take place from October 10 to October 16 in Washington, DC. IMF

The IMF Board approved a new Extended Credit Facility (ECF) arrangement for Zambia on Wednesday. IMF

With nearly 5.7 million people in need of life-saving assistance in Sri Lanka, the UN team is scaling up efforts to respond to the needs of millions of people impacted by the ongoing economic crisis, a UN spokesperson informed. UNIFEED

The International Monetary Fund sees further slowdown hitting global economic growth in 2022, IMF spokesperson Gerry Rice said on Thursday in Washington, DC, following moves by the World Bank and OECD to cut their own forecasts. IMF

Lack of progress on political track will lead to humanitarian disaster in Sudan, Secretary-General’s Special Representative warns Security Council.

Less money for development activities today means greater spending on humanitarian crises tomorrow, speaker underlines, closing operational activities segment.

‘Visible’ consensus emerging in Sudan, top United Nations official tells Security Council, while stressing need to correct ‘current trajectory’.