African Development Bank Group Annual Meetings 2023 – The African Pharmaceutical Technology Foundation

Who:       The Government of Egypt; the Government of Germany; European Investment Bank Global; African Development Bank; African Centre of Excellence for Genomics of Infectious Diseases
When:     22 May 2023, 9:00 to 10:30am GMT+3
Occasion: 58th African Development Bank Group Annual Meetings

African Development Bank names Armand Nzeyimana Acting Director of Development Impact and Results Department

The African Development Bank Group has appointed Mr. Armand Nzeyimana, a national of Burundi, as Acting Director of the Development Impact and Results Department, effective 1st May 2023.
Nzeyimana, a results-oriented professional with over 30 years of experience, has been Manager of the Bank's Delivery Support and...

Suriname and the IMF Reach Staff-Level Agreement on the Second Review of the Extended Arrangement Under the Extended Fund Facility

An International Monetary Fund (IMF) team led by Ms. Anastasia Guscina conducted virtual and in-person mission with the Surinamese authorities during May 8-16 to discuss policies to complete the second review of Suriname’s economic recovery program supported by the IMF’s Extended Fund Facility.

IMF Executive Board Completes Review of Peru’s Performance Under the Flexible Credit Line Arrangement

The two-year arrangement was approved on May 27, 2022 for an amount of SDR 4.0035 billion (about US$5.3 billion or 300 percent of quota). The Peruvian authorities have reiterated their intention to continue to treat the arrangement as precautionary. The authorities intend to exit the arrangement conditional on the reduction of external risks, in line with their strategy that sees the use of the facility as temporary.