Wed, 08 Dec 2021

BEIRUT -- Lebanon and Oman agreed on Monday to boost their economic cooperation in private and public sectors, according to a statement by Beirut's Chamber of Commerce, Industry and Agriculture.

The statement was released on the occasion of a visit of a Lebanese delegation to Oman. (Lebanon-Oman-Cooperation)

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NICOSIA -- Cyprus' Finance Minister Constantinos Petrides presented the state budget for 2022 to the parliament on Monday.

Petrides told the parliamentary Finance Committee, which started a detailed review of the 10.4-billion-euro expenditure budget. (Cyprus-Economy-Budget)

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JOHANNESBURG -- South African President Cyril Ramaphosa on Monday said the Presidential Employment Stimulus, set up last October to respond to the challenges created by the COVID-19 pandemic, has provided more than 500,000 job opportunities for the youth since its establishment.

Through this economic reconstruction and recovery plan, South Africa has brought young people into the labor force "in far greater numbers in an unprecedented manner in a short space of time," Ramaphosa said in his weekly letter to the nation, adding the young people were employed in the fields such as education, infrastructure, environmental protection and food security. (South Africa-Youth-Employment)

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DAR ES SALAAM -- The government of Tanzania announced on Monday that it has released 5.5 billion Tanzanian shillings (about 2.4 million U.S. dollars) to support 40,740 poor households affected by the COVID-19 pandemic.

The government has released the funds through the Tanzania Social Action Fund (TASAF) to support the affected poor households, mostly in cities and urban areas. (Tanzania-COVID-19)

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