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International Monetary Fund and World Bank Group Announce Tanzania as the Second Country Benefitting from the Enhanced Cooperation Framework for Scaled-Up Climate Action

Stories & Blogs IMFOct 10, 2024(Press Release )

Tanzania is highly vulnerable to climate change which poses significant risks to its macroeconomic, fiscal, and social development.

War-weary Sudanese face new hardships as floods strike

Stories & Blogs UN NewsJul 30, 2024(News )

Several thousand people, mostly internally displaced persons (IDPs), have been affected as heavy rains and floods inundated parts of Kassala province in eastern Sudan, inflicting further misery on communities already vulnerable due to ongoing conflict, UN

Italian contribution allows UNDRR to expand early warnings for early action in Kenya

Stories & Blogs UNDRR-AfricaJun 14, 2024(News )

the Government of Italy signed an agreement with the UN Office for Disaster Risk Reduction (UNDRR) to strengthen early warning for early action systems in Kenya. Under this agreement, Italy is providing EUR 1.5 million over the period of 2024-2027.

Rising Cyber Threats Pose Serious Concerns for Financial Stability

Stories & Blogs IMFApr 09, 2024(Blog Post )

Greater digitalization and heightened geopolitical tensions imply that the risk of a cyberattack with systemic consequences has risen