The International Monetary Fund announced Tuesday it has reached a staff-level agreement to disburse around $120 million to El Salvador, following the first review of a $1.4 billion, 40-month extended fund facility program.
The release of the funds still requires approval from the IMF executive board.
The agreement follows a strong performance under the program, with most targets comfortably met and good progress on structural reforms, according to the IMF.
The broader $1.4 billion arrangement was approved in February, aimed at supporting economic stability and reforms. Separately, El Salvador also secured a $500 million loan from the Inter-American Development Bank in March to reinforce its national budget.
As Armenia approaches parliamentary elections, Russia appears to be increasing political and economic pressure on Yerevan, signalling that closer inte...
Police officers were pelted with missiles during violent clashes at a protest near the Southampton, UK, home of convicted murderer Vickrum Digwa, as a...
Minval Politika has published new video material which it says points to informal political understandings between Armenian businessman Samvel Karapet...
Thousands of people have taken to the streets in Albania in recent days to protest against a luxury tourism project linked to Jared Kushner, the son-i...
Bolivia’s Defence Minister has resigned amid widening unrest over government austerity measures, which have led to protesters blocking roads into th...
As Armenia approaches parliamentary elections, Russia appears to be increasing political and economic pressure on Yerevan, signalling that closer integration with the EU could lead to significant changes in labour, transport and energy arrangements between the two countries.
Minval Politika has published new video material which it says points to informal political understandings between Armenian businessman Samvel Karapetyan and former Armenian president Robert Kocharyan ahead of Armenia’s parliamentary elections.
Thousands of people have taken to the streets in Albania in recent days to protest against a luxury tourism project linked to Jared Kushner, the son-in-law of U.S. President Donald Trump, and his wife Ivanka Trump.
Bolivia’s Defence Minister has resigned amid widening unrest over government austerity measures, which have led to protesters blocking roads into the country’s two largest cities.
Police officers were pelted with missiles during violent clashes at a protest near the Southampton, UK, home of convicted murderer Vickrum Digwa, as anger continued to grow over the handling of the fatal stabbing of 18-year-old Henry Nowak.
Competing narratives continue to shape perceptions of the war in Ukraine, with Russian leadership suggesting a possible end phase while Ukrainian officials warn of renewed large-scale attacks and ongoing escalation risks.
Severe Tropical Storm Jangmi brought heavy rain, power cuts and transport disruption across Japan on Wednesday (3 June) as it tracked towards the greater Tokyo region.
An Iranian drone and missile attack struck Kuwait International Airport early Wednesday, injuring several people, damaging Terminal 1 and forcing flight diversions, Kuwaiti authorities said.
Global weather forecasters predict a strong El Niño will develop in the second half of 2026, bringing hotter, drier conditions to much of Asia while increasing rainfall in parts of North and South America.
Thousands of people have taken to the streets in Albania in recent days to protest against a luxury tourism project linked to Jared Kushner, the son-in-law of U.S. President Donald Trump, and his wife Ivanka Trump.
Bolivia’s Defence Minister has resigned amid widening unrest over government austerity measures, which have led to protesters blocking roads into the country’s two largest cities.
Severe Tropical Storm Jangmi brought heavy rain, power cuts and transport disruption across Japan on Wednesday (3 June) as it tracked towards the greater Tokyo region.
Start your day informed with the AnewZ Morning Brief. Here are the top stories for the 3 June, covering the latest developments you need to know.
Russian drones and missiles pounded the Ukrainian capital Kyiv and other cities early on Tuesday, killing at least 23 people and wounding more than 100, authorities said, following days of warnings about Moscow's plans for a major assault.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment