CBK Announces the Publication of the Economic Report for the Year 2019

His Excellency the Governor of the Central Bank of Kuwait (CBK), Dr. Mohammad Y. Al-Hashel, announced the publication of the Economic Report for the year 2019, which is the 48th such report in a series prepared and published by the bank. Dr. Al-Hashel indicated that the report contains the latest available data and statistics on various aspects of the economic performance of the State of Kuwait and is composed of…

South Sudan discuss ways to fund domestic food production

(JUBA) - The South Sudanese presidency Friday held a meeting to discuss ways to fund a food security plan aiming to increase domestic food production. Josephine Lagu (ST photo)The meeting was chaired by First Vice President Riek Machar Teny and attended Vice President James Wani head of the economic cluster, Josephine Lagu Minister of Agriculture and Food Security, Deputy Minister of Finance and Economic Planning, and Governor of the Bank…

World Bank Continues Support to South Sudan Local Service Delivery Improvement, Strengthening of Community Institutions

WASHINGTON– The World Bank’s Board of Executive Directors today approved a $45 million International Development Association (IDA*) grant for South Sudan to continue to improve access to basic infrastructure and strengthen community institutions.   The South Sudan Enhancing Community Resilience and Local Governance Project (ECRP) will benefit as many as 630,000 citizens who live in 21 of the country’s 79 counties by providing investments for community infrastructure and services prioritized by…

US Sanctions Companies Linked to Businessman Close to Putin

The Trump administration has imposed sanctions on companies connected to Russian businessman who is close to Russian President Vladimir Putin and suspected of helping finance the covert social media campaign aimed at American voters ahead of the 2016 presidential election. The actions announced Wednesday take aim at front companies that officials say Yevgeny Prigozhin has relied on to process millions of dollars and to evade sanctions in Sudan, where the Trump administration…