France to loan Senegal 125 million euros
The News Review:
- France to loan Senegal 125 million euros
- CHAN draw completed in Ivory Coast
- Ndiss Kaba Badji named Senegal’s 2008 top player
- French minister of state responsible for cooperation and …
- Senegal’s president: leave Guinea junta alone
- IMF Approves $76 Million Aid for Senegal to Combat High Prices
France to loan Senegal 125 million euros
AFP
International Development Minister Alain Joyandet will fly to Dakar on Monday to sign off on the first instalment of the loan designed to ward off an imminent financial crisis ministry spokesman Frederic Desagneaux said. “This loan is meant to help wipe out the Senegalese state’s domestic debt. By paying back private firms it aims to support growth and jobs at a difficult moment in the global economic cycle” he said. The emergency loan comes as Senegal works with the International Monetary Fund to reform government finances and transfer of the entire sum will depend on Dakar continuing to honour its reform commitments.
CHAN draw completed in Ivory Coast
BBC News UK
The two sides have been drawn in Group A for the finals at a ceremony in the Ivorian capital Abidjan. The other two teams in the group which will be based in Abidjan are Senegal and Tanzania. Group B sees Ghana drawn alongside Zimbabwe Libya and the DR Congo. The group will be based in Bouake which is the Ivory Coast’s second biggest city and was the former stronghold of the New Forces rebels. The CHAN is a new tournament organised by the Confederation of African Football where national teams may field only locally-based players.
Ndiss Kaba Badji named Senegal’s 2008 top player
African Press Agency Senegal
With 230 points Badji took the lead over the swimmer Malick Fall who secured 105 points and Assane Dame Fall of the canoe kayak (68 points). As a former student in the Dakar International Athletics Centre (CIAD) the finalist at the Beijing lympics returned to the jumping pits in June 2007 after serving a two-year suspension for doping. A charge he had always dismissed arguing he had doped without knowing by his then coach – a Russian national who was employed at the Centre. In football 23-year old Mourchid Iyane Ly was named best local player for the year 2008 with 147 votes.
French minister of state responsible for cooperation and …
rganisation de la Presse Africaine (Communiqué de presse) Switzerland
By paying off private sector bills it supports growth and jobs in a difficult international economy. The Senegalese government’s adoption of financial recovery measures and the settlement of its financial operations thanks notably to the French loan led the IMF to approve Senegal’s program at the assessment it conducted during its December board meeting. It was decided on that occasion to make available to Senegal an Exogenous Shocks Facility (ESF) amounting to $75. Approval of this review was a condition for disbursing the first part of the French loan. France wanted to reaffirm its historical solidarity with Senegal. It is confident that the country’s financial recovery program will continue.
Senegal’s president: leave Guinea junta alone
MSNBC
Guinean coup leader Moussa Camara said after seizing power this week that presidential elections in the West African country would be held in December 2010. But Senegal’s President Abdoulaye Wade said Camara told him by telephone Friday that the junta could be ready sooner. Wade 82 is a senior African statesman who is active in international affairs. Story continues below ?advertisement |.
Related from Siera-leone: Sanctions threat to Guinea junta
IMF Approves $76 Million Aid for Senegal to Combat High Prices
Bloomberg
20 (Bloomberg) — The International Monetary Fundapproved a one-year $75. 6 million aid deal for Senegal to helpthe African nation offset higher food and energy prices. The approval will allow Senegal to draw about $37. 8 millionfrom the IMF immediately and an equal amount upon completion ofthe first review under an arrangement to help nations deal withexternal events that affect their budgets the IMF said in astatement. ?The Senegalese economy is facing a difficult period?.
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