MISCA wishes a happy Aïd Al-Fitr to the Muslim community in the Central African Republic

ADDIS ABABA, Ethiopia, July 29, 2014/African Press Organization (APO)/ — The Special Representative of the Chairperson of the Commission of the African Union (AU) in the Central African Republic (CAR) and Head of the African-led International Support Mission in the CAR (MISCA), General Jean-Marie Michel Mokoko, joined the CAR Muslim community on the occasion of the celebration of the day marking the end of Ramadan. He wishes the members of the community a happy A?d al-Fitr.

The Special Representative notes that this year’s celebration of A?d al-Fitr has a particular significance. Indeed, it is taking place in the aftermath of the signing of the Agreement on Cessation of Hostilities among the CAR military and political groups, during the Inter-CAR National Reconciliation Forum held in Brazzaville, Republic of the Congo, from 21 to 23 July 2014. This Agreement heralds encouraging prospects for the resolution of the serious crisis facing the CAR and the promotion of harmony among all the communities of the country.

Reiterating the crucial importance of the restoration of social cohesion, the promotion of national reconciliation and the preservation of the unity of the CAR, the Special Representative recalls that, in line with the final communiqué of the Brazzaville Forum, the Parties, in addition to the immediate cessation of fighting among the belligerents, also agreed to bring to an end the campaign of hatred and violence. He urges all the CAR communities and stakeholders to seize the occasion of the A?d al-Fitr to redouble their efforts in order to overcome, once and for all, the multidimensional challenges facing the CAR and to open a new chapter of peace, harmony and socio-economic well-being in their country’s troubled history.

The African Union strongly condemns the latest attacks perpetrated by the Boko Haram terrorist group / The AU welcomes the regional efforts to fight against Boko Haram and renews its commitment to support them

ADDIS ABABA, Ethiopia, July 29, 2014/African Press Organization (APO)/ — The Chairperson of the Commission of the African Union (AU), Dr. Nkosazana Dlamini-Zuma, strongly condemns the dastardly attack perpetrated yesterday, 27 July 2014, by the Boko …

Canada Temporarily Withdraws Staff from Libya

OTTAWA, Canada, July 29, 2014/African Press Organization (APO)/ — Foreign Affairs Minister John Baird and the Honourable Lynne Yelich, Minister of State (Foreign Affairs and Consular), today issued the following statement regarding the situation in Libya and the temporary withdrawal of Canadian staff from that country:

“The Government of Canada takes the safety and security of our diplomats abroad very seriously. Due to operational challenges, including the unpredictable security environment in Tripoli, we have authorized the temporary suspension of operations at our office in Tripoli.

“Canada’s chargé d’affaires and Canadian diplomats in Tripoli will temporarily work out of the Canadian embassy in Tunisia until appropriate measures are put in place to respond to the changing operational environment.

“This decision is solely due to concerns about the security of our personnel and has no connection with our continuing and long-standing diplomatic relations with Libya. Canada remains committed to supporting Libya’s democratic transition, and we urge all parties to stop the violence and resolve their differences by peaceful and democratic means.”

Canadians in Libya seeking routine consular and passport services should contact the Embassy of Canada in Tunis, Tunisia at +(216) 70-010-200. Those who require emergency consular assistance may also contact the Emergency Watch and Response Centre in Ottawa directly at +1 613-996-8885 (collect calls accepted) or by emailing sos@international.gc.ca.

Foreign Affairs, Trade and Development Canada has advised against all travel to Libya since June 1, 2014.

A backgrounder containing consular information follows.

UNMISS Commissioner of Police in South Sudan Briefing

JUBA, South Sudan, July 29, 2014/African Press Organization (APO)/ — Press Invitation:

The United Nations Mission in South Sudan (UNMISS) cordially invites members of the media in South Sudan to attend a press briefing to update on UN Police’s (U…

Solidarity Message to the entire Muslim Ummah

ADDIS ABABA, Ethiopia, July 29, 2014/African Press Organization (APO)/ — H.E. Dr. Nkosazana Dlamini Zuma, Chairperson, African Union Commission,
on 2014 Eid-Al-Fitr for Muslims marking the end of the Holy month of Ramadan

It is with great pleasure …

IMF Executive Board Approves US$5-Billion Arrangement for Morocco Under the Precautionary and Liquidity Line

RABAT, Morocco, July 29, 2014/African Press Organization (APO)/ — The Executive Board of the International Monetary Fund (IMF) today approved a new 24-month arrangement for Morocco under the Precautionary and Liquidity Line (PLL) in an amount equivalent to SDR 3.2351 billion (about US$5 billion, or 550 percent of Morocco’s quota at the IMF). The access under the arrangement in the first year will be equivalent to SDR 2.941 billion (about US$4.5 billion, 500 percent of quota), rising in the second year to a cumulative US$5.0 billion. Morocco’s first 2-year PLL arrangement was approved on August 2, 2012 (see Press Release No 12/287).

The Moroccan authorities have stated that they intend to treat the arrangement as precautionary, as they have done with the 2012 PLL, and do not intend to draw under the arrangement unless Morocco experiences actual balance of payments needs from a significant deterioration of external conditions.

The PLL arrangement will allow the authorities to pursue their homegrown reform agenda aimed at achieving rapid and more inclusive economic growth while providing them with useful insurance against external shocks.

The PLL was introduced in 2011 to meet more flexibly the liquidity needs of member countries with sound economic fundamentals and strong records of policy implementation but with some remaining vulnerabilities.

Following the Executive Board discussion on Morocco, Mr. Noayuki Shinohara, IMF Deputy Managing Director and Acting Chairman of the Board, made the following statement:

“Morocco’s sound economic fundamentals and overall strong record of policy implementation have contributed to a solid macroeconomic performance in recent years. Despite a difficult external environment, the authorities made important strides in reducing vulnerabilities, rebuilding policy space and addressing medium-term challenges over the course of the first arrangement supported by a PLL. They have been consolidating Morocco’s fiscal position while pursuing an agenda of structural reforms to address vulnerabilities, strengthen competitiveness, and promote higher and more inclusive growth. The significant progress made in reforming the subsidy system is particularly commendable.

“The external environment remains subject to significant downside risks. In particular, protracted and slower–than-expected growth in Europe than currently projected, heightened financial market volatility, or a surge in oil prices resulting from geopolitical tensions could significantly affect the Moroccan economy. In this context, the successor PLL arrangement will continue to provide insurance to support the authorities’ economic policies.

“The authorities are committed to further reducing fiscal and external vulnerabilities while laying the foundations for higher and more inclusive growth. To achieve these goals, it will be important to control expenditure as well as advance major reforms, including those of subsidies, pension and the tax system. The timely adoption of a new organic budget law will be essential in order to strengthen and modernize the budget framework. Moving toward a more flexible exchange rate regime, in coordination with other macroeconomic policies would also help support competitiveness and enhance the economy’s capacity to absorb shocks. Advancing structural reforms to improve the business climate, the judicial system, access to finance, and the labor market will be crucial to achieving higher growth and employment,” Mr. Shinohara said.

Morocco has been a member of the IMF since 1958 and has a quota of SDR588.2 million (about US$903.4 million).

Remarks at the Presidential Summit of the Washington Fellowship for Young African Leaders

WASHINGTON, July 28, 2014/African Press Organization (APO)/ — Remarks

John Kerry

Secretary of State

Omni Shoreham Hotel

Washington, DC

July 28, 2014

SECRETARY KERRY: Wow. What a great group. Thank you. Please, sit down. Sit down, sit down. Thank you. It is so good to see you all. Welcome. You having fun?

AUDIENCE: Yes.

SECRETARY KERRY: I’m glad to hear it. It’s just beginning. And the President’s going to get a chance to speak with everybody before long. That’ll be great. We look forward to it. I can’t tell you – I’m really excited to see you all here, and I hope you’re excited to be here. That’s important. (Cheers and applause.)

I cannot thank all the leaders all across the State Department and across the Administration – people have worked really hard to get here. Leaders on our campuses, college campuses all across the country, all of them have come together to help make this possible. And I’m particularly grateful to the Bureau of Educational and Cultural Affairs, the Bureau of African Affairs, the Bureau of International Information Programs, USAID, the U.S. African Development Foundation, NGO IREX, and the staff of 20 – 20 – academic host universities. That’s a big group of people who helped make this happen, and we’re grateful for them. (Applause.)

But most importantly I want to thank you. I’m so honored and excited, as you can tell, I think – I hope you can tell – (laughter) – to welcome you all here. It is such a pleasure to welcome so many young African leaders to Washington. And as you know, the leaders of countries will be coming here in just a few days for a first-ever summit of all the African leaders. We’re really excited about that. The President’s been personally very focused on it. And right now, we have five hundred fellows from all 49 countries in sub-Saharan Africa. This is really remarkable. This is a first. And I know the real presence of a kind of excitement, a hopefulness, a sense of possibility that is accompanying and defining this meeting. I can almost feel my hair growing brown again. (Laughter.) It’s reversed.

I actually had a chance to meet a few of you – and I don’t know where you all are in the ground here. How many of you met me along the way in the last journey? There we go. Hands waiving over here and here. Anybody over here? Hello, again. Nice to see you. Anybody back here? Thank you. And that’s what gave me such a great belief in this, was when I was in Africa in May.

And I will never forget the story of one young woman named Haleta Giday – (cheers and applause.) Where’s Heleta? Yeah, stand up. Let everybody know. (Applause.) So Haleta graduated from one of the best schools in Ethiopia. She could pick any job she wanted to do, believe me. She had the chance to do the most lucrative job there is – make a lot of money, go into the big corporate world, and literally do anything. You know what? Instead, she chose to represent women and children who were the victims of violence. And when Haleta saw how many widows went bankrupt after they lost their husbands, she began a campaign to educate women about their legal and financial rights.

She’s already lived a remarkable life. But what’s even more remarkable is that she’s not alone. She is just one of many young African leaders who are taking on some of the toughest challenges, all of you.

We’re here today because the United States and countries across Africa are natural partners, and it’s time to take our partnership to the next level by investing in the continent’s greatest natural resource of all: its people. (Applause.) And that’s what the Young African Leaders Initiative is all about: investing in your future – and ours – by engaging in the promise of a new generation of great leaders in every single field of endeavor. And when 65 percent of Africa’s population is under the age of 35, let me tell you, we don’t have a moment to waste.

The fact is that we have reached an inflection point for the new Africa. It is a time and a place where all of you have the great opportunity of a lifetime to bend the arc of history toward change, not stagnation. You can bend it towards peace and prosperity, not conflict and retribution. Africa’s course – and this is not an exaggeration – it is ultimately up to you, the next generation of leaders who will seize the future and become the next generation of CEOs and community and political leaders, the national leaders. You will define that future.

When I look out at this audience, I’m not kidding you when I say I see the promise of that future. (Applause.) I see the human faces behind the story of just how far Africa has come. Just consider what all of you have witnessed over the course of your young lives.

You have seen real incomes across Africa increase more than 30 percent, reversing two decades of decline. You’ve seen African trade with the rest of the world increase by 20 percent – 200 percent, excuse me. You’ve seen 35 peaceful transitions of power – 35 peaceful transitions of power – and the number of democracies has more than tripled. That is a continent on the move. And you’ve seen HIV infections decline by nearly 40 percent and malaria deaths among children decline by 50 percent. And we are on a cusp of looking at the first generation of children who may be born AIDS-free as a result of the efforts that we are making. (Applause.)

So this really is a moment of great opportunity for Africa. But make no mistake, it’s not automatic. It is also a moment of great decision. The choices that African leaders make, the choices that you make, the choices that you push the political systems of your countries to make, the choices that you help to debate and put on the table and make part of the dialogue of your countries – all of that will determine the future.

You will decide whether or not a decade of progress leads to an era of African prosperity and stability or whether your countries tragically fall back into cycle after cycle of tragic violence and mark a governance that is weak and stifles the promise of a continent for too long – your promise, the promise that each and every one of you bring here to Washington, the promise that I know motivates you every single day as you pursue an education or begin to work as professionals and go out into the world, whether it’s in the private sector or the public sector, all of you committed to try to change the future. You have the ability to do that.

And that is precisely why President Obama launched YALI, to empower you with new skills, new resources, new networks so that you can not just demand action but you can go out and act on your own dreams and hopes and vision for the future. Your brief experiences here in the United States are just the start of what we hope will be lasting relationships between each of you but also with us. We’re investing in you so that you can invest in your countries and in the U.S.-Africa partnership. YALI embodies the United States continuing commitment to that vision. And I am very, very proud that you aren’t just heeding the call, you’re leading the charge. (Applause.)

I’m also inspired by the story of Hashim Pondeza. Hashim, where are you? (Cheers and applause.) Hashim, stand up. I wanted to – Hashim is from Tanzania and he is leading the charge to strengthen democratic institutions. That’s never easy work and it can carry risks in some places. He has worked on child protection issues for Save the Children and for Zanzibar’s Ministry of Labor. But today, he’s working to strengthen civil society and democratic institutions at the local level across Tanzania.

Hashim knows that promoting good governance isn’t just about whether you can work well on your side; it’s about working side by side. And as he says, “The biggest challenge is trying to get many factions to cooperate to reach the same aim.” Let me tell you something, as somebody who’s in the middle of trying to get some people to just get seven days of a ceasefire in the Middle East, I know what you’re talking about Hashim. (Applause.) It’s never easy, but that doesn’t mean you stop and that doesn’t mean you turn away. You have to keep doing it. Remember what Nelson Mandela said, “It always seems impossible, until it is done.” And that’s what we have to have as our guide. (Applause.) So I’m proud that the future of our partnership is in Hashim’s hands, in your hands.

I’m also inspired by Aichatou Tamba. Where’s Aichatou? Is she here somewhere? Aichatou. (Cheers and applause.) Aichatou’s from Ethiopia and she’s leading the charge to promote peace and security. Too often, in too many countries borders become a barrier – a barrier not just to communication but a barrier to trade, a barrier to the movement of talent, a barrier to technology. Aichatou has been working to turn those barriers into opportunities. She’s partnered with a dozen African states to promote conflict prevention, and she’s working with the African Union Border Program in Ethiopia to make a difference on the ground. I’m proud that the future of our partnership is also in Aichatou’s hands. (Applause.)

And I’m inspired by Zandile Lambu from Zimbabwe. (Cheers and applause.) Where is Zandile? Raise your hand. She is leading the charge to promote inclusive economic growth. And Zandile hasn’t just spoken words about shared prosperity; she’s walked the walk. She’s used her position at Econet Services to create new trade opportunities for mobile money products in Africa. She’s partnered with businesses to provide mobile money services to local communities. You know how hard it is to get money into people’s hands or move it or control it. Well, there’s a way to do that now in this mobile technological world that we all live in. And she’s being creative and grabbing the best of that, and she’s volunteered to teach other young women how to design and develop mobile apps. She’s not in this business to make money. She’s in it to make a difference, and I’m proud that the future of this partnership is also in Zandile’s hands. (Applause.)

Now we live in a very complicated world today, full of very close calls that can go either way, but I know this: When you promote democratic change, when you transform borders of conflict into bastions of peace, when you empower women to realize their aspirations, you create a better future, not for some, but for all. There is no way to win this battle in countries where women are left behind – you cannot leave half your team off the field and win the game. (Applause.)

I want you to know that the Obama Administration is inspired by the work that Hashim and Aichatou and Zandile are all doing, all of you are doing, and that’s why we are so committed to the Young African Leaders Initiative for the long haul – not just for this meeting, for the long haul. And when you leave here, I hope you will leave here with a renewed sense of purpose, with a renewed sense of hope, with a renewed commitment, with a renewed understanding of what is possible, and I hope you will take these connections you’ve made here and make the change that you seek.

The challenges may be real – no, they are real. We all know that. But guess what? So are the opportunities. Africa can be a beacon for the world. Dramatic transformations are possible. Africa will be the place of great growth in this century. You will be the witnesses to remarkable transformation. But how you transform; who benefits; what you become; what rights you protect; what opportunities you create and guarantee – that will write the real history. Each of you has an incredible opportunity to change lives for the better, and you can do – you can define your nations in the doing of that. It’s tough work. It requires sober commitment and a clear vision of a better future. But I have every confidence, and President Obama is more than convinced, which is why he convened this, that you will rise to the challenge and lift up and inspire citizens in your own countries, all of whom you know are hoping desperately for change.

I want to leave you with a thought from the man who inspired me when I was growing up, a younger brother of the youngest man ever elected America’s president, and a man who had a vision in his own right and went to South Africa in 1968 and laid it out to people at a time when it was still difficult – Robert Kennedy.

He said: “Few will have the greatness to bend history itself, but each of us can work to change a small portion of events – and in the total of all those acts will be written the history of this generation.” He went on to say that each time a man or a woman works to strike out against injustice or change the lot of others, he or she sends forth a tiny ripple of hope, and crossing each other for a million different centers of energy and daring, those ripples can build a current that will sweep down the mightiest walls of oppression and resistance.

My friends, this is your moment to write the history of Africa for the next generation. You have the will. You have the drive. You have the intelligence. You have the vision. You have the ability. You have the courage to stand up and say loudly and clearly, “I will be responsible.” And that is leadership. That’s the future that we can build together. And we are convinced that that future begins now, here, with these meetings and in the work that you will take back with you, and in our partnership over these next years.

Thank you all, and God bless. Thank you. (Applause.)

Parliamentary Vice-Minister for Foreign Affairs Hirotaka Ishihara’s Visit to Mozambique, Guinea and Burkina Faso

TOKYO, Japan, July 28, 2014/African Press Organization (APO)/ — 1. Parliamentary Vice-Minister for Foreign Affairs Hirotaka Ishihara is scheduled to visit Mozambique, Guinea and Burkina Faso from June 25 to July 4.

2. In Mozambique, Parliamentary Vi…

IMF Executive Board Concludes Article IV Consultation with the Republic of Congo

BRAZZAVILLE, Republic of the Congo, July 28, 2014/African Press Organization (APO)/ — On July 21, 2014, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with the Republic of Congo.1

Recent economic developments in the Republic of Congo have been favorable. Growth in the last 5 years has averaged about 5 percent per year, higher than in regional peers. Gross oil revenue averaged more than US$8 billion per year in 2012 and 2013, equivalent to about 60 percent of Gross Domestic Product (GDP). Substantial fiscal savings have been set aside by virtue of the ongoing run of high international oil prices. However, poverty remains comparatively high, despite robust economic growth and large government spending. The poverty rate amounted to 46.5 percent in 2011 compared with 50.7 percent in 2005.

The overall fiscal surplus in 2013 remained sizable at 5.8 percent of GDP (13.9 percent of non-oil GDP) reflecting sizable oil revenues from high oil prices and increases in non-oil revenues. Public investment spending and arrears payments for social benefits and payments to suppliers pushed total cash government spending to about CFAF 2,735 billion in 2013, about 5 percent above the 2012 level when spending was raised in the aftermath of the Mpila ammunitions explosion, and up from CFAF 1,865 billion in 2011. External public debt has continued to trend upward, reaching 32 percent of GDP in 2013, up from 20 percent of GDP in 2010, when the Republic of Congo obtained debt relief through the Highly Indebted Poor Countries Initiative (HIPC) and the Multilateral Debt Relief Initiative (MDRI). Most of Congo’s borrowing is on concessional terms from China and is targeted at financing key infrastructure projects. Despite declining for the second year in a row, the Republic of Congo’s reserves at the Banque des Etats de l’Afrique Centrale (BEAC) continue to cover about 7 months of prospective imports of goods and services.

The country’s medium-term prospects are promising provided that progress is made with structural reforms and fiscal adjustment. The economy is projected to expand by about 6 percent per annum between 2014 and 2019, as a result of increases in oil production and the start of iron ore production. Inflation is easing, aided by lower food prices and real appreciation of the CFA franc. The government budget relies heavily on oil revenue. Therefore, oil price volatility and the exhaustibility of oil reserves could pose risks to macroeconomic stability and the authorities’ objective of attaining sustained high inclusive non-oil growth over the medium term. Other key risks to the economic outlook relate to a decline in oil prices associated with slower growth in advanced economies and major emerging markets, as well as social tensions arising from inequality and poor job opportunities.

Executive Board Assessment2

Directors commended the authorities for the overall good economic performance, including strong growth and low inflation. Directors noted that the medium-term economic outlook is favorable, underpinned by new mining production and the government’s ambitious investment program. They emphasized, however, that prudent policies and rigorous implementation of reforms will be critical to meet the country’s social and development needs, reduce poverty and unemployment, and boost non-oil growth, while ensuring macroeconomic stability.

Directors emphasized the need to contain the growth of government spending and recommended fiscal consolidation over the medium term to safeguard fiscal sustainability. They encouraged the authorities to strengthen the fiscal framework by adopting the non-oil primary balance as a fiscal anchor to insulate spending from the volatile and exhaustible nature of oil revenues. Directors agreed that broadening the tax base and reducing exemptions will also strengthen the fiscal position.

Directors supported the public investment program, aimed at improving infrastructure, diversifying the economy, and boosting employment. They stressed that increasing the efficiency of government investment will be key to achieving this goal. Directors underscored the need to strengthen public financial management to improve accountability, governance, and the quality of public spending. In this context, they called for expeditious enactment of the Fiscal Responsibility and Transparency law.

Directors noted the Republic of Congo’s low risk of debt distress. To preserve debt sustainability, they advised the authorities to continue to strengthen public debt management, particularly by developing a medium-term debt strategy and enhancing transparency.

To further promote the non-oil sector, Directors stressed the importance of structural reforms to strengthen the business climate, enhance financial development and increase access to finance by strengthening legal and informational systems. They recommended a careful analysis of the implications of recently introduced fiscal incentives for special economic zones. Directors also highlighted that programs designed to strengthen the education system and implement social spending to the poor should be well-targeted, evaluated and monitored to ensure their effectiveness.

Directors encouraged the authorities to fully comply with the regional CEMAC (Economic and Monetary Community of Central Africa) obligations. They welcomed the authorities’ support for the ongoing review of the CEMAC’s reserves pooling framework and stressed that the planned establishment of a sovereign wealth fund, investing in higher yielding assets, should be consistent with the regional reserves pooling architecture.

Republic of Congo: Selected Economic and Financial Indicators, 2011–15

2011

2012

2013

2014

2015

Est.

Proj.

(Annual percentage change)

Production and prices

GDP at constant prices

3.4

3.8

3.3

6.0

7.5

Oil

-4.8

-9.7

-10.2

1.0

7.9

Non-oil

7.4

9.7

8.1

7.5

7.3

GDP at current prices

14.4

2.6

-4.6

2.9

6.2

Consumer prices (period average)

1.8

5.0

4.6

3.0

2.9

Consumer prices (end of period)

1.8

7.5

2.1

3.2

2.5

(Percent of GDP)

Current account balance

5.9

-1.2

-3.4

-3.3

-3.9

External public debt (end of period)

23

26

32

34

34

Central government finances

(Percent of non-oil GDP)

Total revenue

138.1

120.5

111.7

102.6

94.2

Oil revenue

108.9

92.7

82.1

72.3

64.2

Nonoil revenue (inc. grants and investment income)

29.2

27.7

29.6

30.3

30.0

Total expenditure

84.7

102.2

91.4

91.0

83.8

Current

32.9

41.4

33.7

34.6

34.4

Capital (and net lending)

51.7

60.8

57.7

56.4

49.4

Overall balance (deficit -, commitment basis) 1/

53.4

18.2

20.3

11.6

10.4

Basic primary fiscal balance (- = deficit) 2/

62.6

29.8

38.7

23.8

19.3

of which Basic non-oil primary balance ( – = deficit)

-46.3

-62.9

-43.4

-48.5

-44.8

(Percent of total government revenue excluding grants)

External public debt service (after debt relief) 3/

14.0

2.4

4.9

5.5

6.2

External public debt (after debt relief) 3/

55.8

60.4

68.8

74.1

76.3

(Billions of CFA francs, unless otherwise indicated)

Nominal GDP

6,804

6,979

6,657

6,851

7,277

Nominal non-oil GDP

2,096

2,470

2,796

3,111

3,437

World oil price (U.S. dollars per barrel)

104

105

104

104

100

Oil production (Millions of barrels)

109

98

88

89

96

Nominal Exchange rate (CFA/USD, period average)

471

510

494

Sources: Congolese authorities and Fund staff estimates and projections

1/Including grants.

2/Revenue (excluding investment income and grants) minus total expenditure (excluding interest payments and foreign-financed investment).

3/HIPC completion point reached in January 2010.

1 Under Article IV of the IMF’s Articles of Agreement, the IMF holds bilateral discussions with members, usually every year. A staff team visits the country, collects economic and financial information, and discusses with officials the country’s economic developments and policies. On return to headquarters, the staff prepares a report, which forms the basis for discussion by the Executive Board.

2 At the conclusion of the discussion, the Managing Director, as Chairman of the Board, summarizes the views of Executive Directors, and this summary is transmitted to the country’s authorities. An explanation of any qualifiers used in summings up can be found here: http://www.imf.org/external/np/sec/misc/qualifiers.htm.

Worldwide sanctions imposed on players from Ghana, Malta

GENEVA, Switzerland, July 28, 2014/African Press Organization (APO)/ — FIFA can today confirm the extension of sanctions imposed by the Court of Arbitration for Sport (CAS) and the Italian Football Association (FIGC) in relation to match manipulation…