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NAIROBI - International Monetary Fund staff on Wednesday reached a preliminary agreement with Somalia that will allow for the release of $100 million in funding under a new 36-month credit programme, the fund said.
"However, despite the progress achieved, Somalia faces significant challenges ahead, including those stemming from economic, social, security, and climate risks," Laura Jaramillo, who headed a team that conducted a review on Somalia, said in a statement.
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US and other countries explore future options for Gaza Strip after Hamas controlUS Secretary of State Antony Blinken stated that the United States and other countries are considering various possibilities for the future of the Gaza Strip if Hamas militants are removed from control. Blinken mentioned that the current status quo cannot continue, and Israel does not want to govern Gaza. The focus is on finding an effective and revitalized Palestinian Authority to govern Gaza, but alternative temporary arrangements involving other countries and international agencies are also being considered.
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Toronto To Explore Converting Offices Into HousingHoward is a Staff Writer based in Vancouver. He was formerly the Deputy Editor of 604 Now, and has written about the media industry for OneZero and international politics for WhoWhatWhy.
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City staff to explore relocating proposed Ontario Place spa to Exhibition PlaceThe city staff will investigate the possibility of moving the proposed spa at Ontario Place to Exhibition Place.
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