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Gold/Mining/Energy : Lundin Oil (LOILY, LOILB Sweden) -- Ignore unavailable to you. Want to Upgrade?

To: Tomas who wrote (1737)	7/17/2000 9:39:24 PM
From: Tomas	Read Replies (2) \| Respond to of 2742

Somaliland Officials Hold Talks With IMF, World Bank Delegation BBC Monitoring International Reports, July 17 Text of report by the Somaliland newspaper `Mandeeq' on 17th July Senior Somaliland officials recently held talks an with IMF and World Bank delegation in Nairobi, Kenya. This was the first meeting between the two institutions and Somaliland in the last 10 years. Reports say the officials from the two institutions were on a fact finding mission. The head of the Middle East department in the IMF, Mr Milan Zavadji [as published], in his remarks said the security situation in Somaliland had improved tremendously and that there were many economic activities going on in the region. "Therefore the IMF felt the need to review the economic progress and the general situation in all parts of Somalia," Mr Milan Zavadji said. A regional expert working for the UN Integrated Regional Information Network said it was possible that the World Bank and the IMF could adopt a new approach in giving economic aid to some areas, including the Horn of Africa region, and that economic policy management and development did not necessarily depend on established governments and recognized institutions. Source: `Mandeeq', Hargeysa, in Somali 17 Jul 00 p 1