financial

International Monetary Fund approves package of nearly $16 billion for Hungary

The International Monetary Fund (IMF) has approved a standby arrangement for Hungary worth nearly $16 billion to help the Central European country stave off a deepening of its economic troubles amid the global financial crisis.

International Monetary Fund agrees to provide $16 billion to assist Ukraine

The International Monetary Fund (IMF) has approved a two-year standby arrangement for Ukraine worth more than $16 billion to help the Eastern European country’s authorities restore economic stability in the wake of the global financial crisis.

Ban calls for more action and coordination to counter global financial crisis

Secretary-General Ban Ki-moon today called for more action over the global financial crisis following the “laudable” steps taken by major economies and international financial institutions over the weekend, voicing deep concern over the impact of the crisis on the developing world, particularly the poorest of the poor.

Financial disclosure statements of numerous senior UN officials made public

Following the lead of Secretary-General Ban Ki-moon and Deputy Secretary-General Asha-Rose Migiro, numerous senior United Nations officials have made their financial disclosure statements public, it was announced today.

Secretary-General Ban submits financial disclosure form, encourages others to follow

Continuing United Nations efforts to make the world body more transparent, Secretary-General Ban Ki-moon, who took the rein on 1 January, has already submitted his financial disclosure form to the Ethics Office, his spokesperson said today, adding that he encourages all senior officials to be similarly open.