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International Monetary Fund. External Relations Dept.
IMF Managing Director Horst Köhler has recommended for Executive Board approval a transitional program for Argentina. The IMF said that while providing no net new financing, the arrangement would provide financial support and an extension of payment expectations to the IMF through August 2003. The Executive Board is expected to review the transitional program in the coming days.
International Monetary Fund. External Relations Dept.
The Web edition of the IMF Survey is updated several times a week, and contains a wealth of articles about topical policy and economic issues in the news. Access the latest IMF research, read interviews, and listen to podcasts given by top IMF economists on important issues in the global economy. www.imf.org/external/pubs/ft/survey/so/home.aspx
International Monetary Fund. External Relations Dept.

The Democratic Republic of the Congo (DRC), the third largest country in Africa, is making significant strides to extricate itself from one of the bloodiest wars in the continent’s history, which resulted in millions of deaths. Focusing on the DRC’s turnaround as well as its considerable stabilization and reconstruction challenges, Postconflict Economics in Sub-Saharan Africa draws lessons for postconflict countries worldwide. The IMF team leader and book’s editor, Jean A.P. Clement, and three contributing authors, Bernardin Akitoby, Ragnar Gudmundsson, and Charles Amo Yartey, spoke with Jacqueline Irving of the IMF Survey about what can be learned from the DRC’s experience.

International Monetary Fund. External Relations Dept.

In a news brief issued on June 22, IMF Managing Director Michel Camdessus expressed his support for the debt relief initiative proposed at the Cologne summit. The text of News Brief 99/33, which follows, is also available on the IMF’s website (www.imf.org).

International Monetary Fund. External Relations Dept.

On September 6–8, the United Nations played host to the Millennium Summit, a truly international effort aimed at addressing a host of current and ongoing issues, including globalization, poverty eradication, and UN peacekeeping operations. The summit, whose official theme was “The United Nations in the Twenty-First Century,” was the scene of the largest-ever gathering of world leaders—100 heads of state and 47 heads of government. Some 8,000 delegates and 5,000 journalists also attended the event. In addition to the main summit, a series of side events were convened, including various forums for nongovernmental organizations (NGOs); the Millennium World Peace Summit of Religious and Spiritual Leaders; the UN Millennium Women’s Summit attended by women presidents and prime ministers; and the State of the World Forum, a global network of leaders from business, government, and civil society, convened by Mikhail Gorbachev.