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The Latest Breaking News from Fund

Humza Yousaf announces £2m loss and damage funding for vulnerable countries at COP28

HUMZA Yousaf has announced a further £2 million in funding for loss and damage caused by climate change in marginalised communities at COP28.

The National (Scotland)

Ray Dalio slams 'tragedy' of a New York Times journalist's shocking book about him, claiming he was a Bridgewater reject who wrote 'fiction, created as fact'

“When truth gets mixed with fiction by journalists, the country has a problem,” the founder of the world’s largest hedge fund said at Fortune's Global Forum in Abu Dhabi.

Fortune

In A Bid To Save The Ocean, Monaco Holds Wealth Funds Closed Door Meeting

The gathering committed to driving forward efforts on ocean and wider preservation of the environment

Zenger

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India extends support amounting to USD 246,852.71 to enhance flood resilience in Suriname

India has extended support amounting to USD 246,852.71 for project aimed at bolstering early flood warning services to communities in Suriname. Read further on Dynamite News :

Dynamite News

Harry and Meghan make surprise phone calls to young leaders in the US

Royal couple congratulated the recipients of the first-ever Responsible Technology Youth Power Fund grants

The Independent UK

French minister Schiappa quizzed by Senate over 'Marianne Fund' payments

During three hours of grilling by a Senate committee, the minister for the social economy and associations, Marlène Schiappa, denied Wednesday that she had favoured the main beneficiary of the "Marianne Fund" an entity she helped set up in the spring of 2021.

Radio France Internationale

Time for an Asian Monetary Fund

Although the International Monetary Fund (IMF) has long been the most prominent global institution for promoting financial stability, calls to create regional alternatives are growing louder.

Bangkok Post

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Princess Anne’s fiery response to the UK Foreign Office in the 1980s proved she was always going to be a strong presence

Nothing was going to stop Princess Anne from carrying out her work – not even the British Government

Woman & Home

IMF reaches staff agreement on Ukraine loan review; will enable $900 million disbursement

The International Monetary Fund said on Tuesday that it has reached a staff-level agreement with Ukraine for the first review of the war-torn country's $15.6 billion IMF loan program, which would allow for a $900 million disbursement to Kyiv upon approval by the IMF Executive Board.

Reuters

Scheme to help community land ownership receives major funding boost

A FLAGSHIP scheme that helps communities to take ownership of local land and buildings has received a £1 million funding boost.

The National (Scotland)

‘Ghana beyond aid’ no longer: West Africa’s former model student forced to turn to IMF

Formerly praised for its stability and good governance, Ghana has been facing a severe economic crisis since the onset of the Covid-19 pandemic and the war in Ukraine. To prevent Accra from defaulting on its debt, the International Monetary Fund (IMF) on Wednesday approved a $3 billion loan in exchange…

France 24

Pakistan's external financing requirements for IMF deal unchanged - IMF

Pakistan's external financing requirements have not been changed in talks with the International Monetary Fund (IMF) over bailout funds, the IMF Resident Representative in Pakistan said, denying local media reports that the Fund was seeking fresh financing.

Reuters

Total Issuance of Green Bonds, Sukuk by Arab Countries Hits 5.5 Bln in 2022

The Arab Monetary Fund announced that green bond and sukuk issuance by Arab countries related to sustainable activities, whether publicly or privately offered, amounted to approximately $5.5 billion in 2022. The Fund said it pays close attention to the priority issues of financial sector development, particularly with regard to the…

Asharq Al-Awsat

Schizophrenia being displayed at the IMF

It has taken far too long, but it seems that the International Monetary Fund has finally internalised some hard truths about sovereign-debt reduction. Chief among them is that growing economies have an easier time repaying. As such, fiscal consolidation -- the organisation's favoured strategy -- undermines efforts to reduce debt-to-GDP…

Bangkok Post

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Asharq Al-Awsat

IMF Warns: MENA Region Faces 4 Challenges

Growth of the real GDP in the Middle East and North Africa (MENA) region is projected to slow this year to 3.1 percent from 5.3 percent in the previous year, announced Director of the Middle East and Central Asia Department at the International Monetary Fund (IMF), Jihad Azour. Azour added…

The Guardian - AU

IMF expects Australia’s economy to slow amid ‘perilous’ international pressures

International Monetary Fund forecast echoes predictions from Treasury and RBA and warns ‘ominous forces’ may be behind global economic strains

Evening Standard

TfL Pension Fund urged to divest from fossil fuels as part of leadership in climate change fight

London Assembly Member Leonie Cooper said it was “more important than ever” to consider the environmental impacts of investments

Asharq Al-Awsat

IMF Approves $15.6 Bln Ukraine Loan

The International Monetary Fund said on Friday its executive board approved a four-year $15.6 billion loan program for Ukraine, part of a global $115 billion package to support the country's economy as it battles Russia's 13-month-old invasion. The decision clears the way for an immediate disbursement of about $2.7 billion…

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Wales Online

Over £90million of new funding to 43 youth services

These are the first grants from the 2nd Phase of the Government's Youth Investment Fund of over £300 million to renew the country’s youth sector

Reuters

IMF approves $80.77 million to help Burkina Faso address balance of payment needs

The International Monetary Fund's Executive Board on Monday approved a disbursement of $80.77 million to help Burkina Faso address its balance of payment needs, the Fund said in a statement.

Daily Record

Ayr United fans soar past £200,000 total as they boost club's transfer Player Fund

The Fund is looking to improve its reach as it moves towards its next big target.

Reuters

Italy pushing IMF to help Tunisia and avoid instability, minister says

Italy wants the International Monetary Fund (IMF) to unblock a $1.9 billion loan to Tunisia, fearful that without the cash, the country will be destabilised, unleashing a new wave of migrants towards Europe, Foreign Minister Antonio Tajani said.

Reuters

IMF approves rule change that would allow new Ukraine loan program

The International Monetary Fund said its executive board on Friday approved rule changes that would allow the IMF to approve new loan programs for countries facing "exceptionally high uncertainty" - a move expected to pave the way for a new Ukraine loan program.

Asharq Al-Awsat

Saudi PIF to Inject $266 Bn into New Projects

The Saudi Public Investment Fund invested nearly $1.3 billion in four national companies in the contracting sector during the last period, announced Governor Yasser al-Rumayyan. Rumayyan announced the establishment of a general department for national development to determine the strategic directions in economic development and measuring impact. The group launched…

Belfast Live

NI woman's memory lives on in fund helping refugees at Belfast school

Ann McGeeney passed away in 2014 at the age of 52

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