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Supporting stability in Somaliland, and other news (17 September 2019)

Supporting long-term stability in Somaliland, and prevention of non-communicable diseases in Ethiopia

Each week we highlight some of the international development stories from across the globe that have caught our attention.

  • The UK has signed an agreement with the Netherlands and the Government of Somaliland to support the implementation of the second phase of the £25 million Somaliland Development Fund, which aims to promote long-term stability in the region through improving essential public services and critical infrastructure. Read more in Africa News.

  • Mongolia’s heavily mining-reliant economy poses a risk to increasing poverty and inequality due to fluctuations in price of mining commodities on the global market, a recent United Nations review has found. Currently one third of the population in Mongolia lives in poverty. Read more in Montsame (Mongolia).
  • A dissemination workshop has taken place in Ethiopia to discuss the findings from a case report for investing in prevention and control of non-communicable diseases (NCDs). The report was produced by the World Health Organisation, United Nations Development Programme,  Ministry of Health and the UN Interagency Taskforce on NCDs. Read more in Africa News.
  • The Black Sea Trade and Development Bank (BSTDP) has issued $5.88million worth of bonds to Azerbaijan in the local currency to support financing for small businesses. BSTDP is the first financial institution to issue bonds in Azerbaijani manats. Read more in Azernews.