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January 2010 | sodere

What is Exogenous Shocks Facility?

The Exogenous Shocks Facility- High Access Component (ESF-HAC)
The Exogenous Shocks Facility-High Access Component (ESF-HAC), which was established in 2008, provides concessional financing to PRGT-eligible countries facing balance of payments needs caused by sudden and exogenous shocks. As part of a broader reform to make the Fund’s financial support more flexible and better tailored to the diverse needs of LICs, the ESF-HAC has been superseded by the Standby Credit Facility (SCF). Existing ESF-HAC arrangements will remain in effect until their expiration or cancellation. Current ESF-HAC terms will also continue to apply to these arrangements.

Access is determined on a case-by-case basis. The ESF-HAC provides access up to 150 percent of quota for each arrangement in normal circumstances. Resources are provided in phased disbursements based on reviews, and programs are one-to-two years in length.
The country’s economic program under the ESF should be focused on adjustment to the underlying shock, with less emphasis on the broad structural adjustment that often characterizes other IMF-supported programs. The ESF could be used concurrently with the Policy Support Instrument (PSI).
ESF loans carry a zero annual interest rate until 2011, with repayments made semiannually, beginning 5½ years and ending 10 years after the disbursement. The Fund reviews the level of interest rates for all concessional facilities every two years.

Diversity Visa Lottery 2011 (DV-2011) Results

1) Ghana:6002
2) Nigeria: 6000
3) Ethiopia:5200
The Kentucky Consular Center in Williamsburg, Kentucky has registered and notified the winners of the DV-2011 diversity lottery. The diversity lottery was conducted under the terms of section 203(c) of the Immigration and Nationality Act and makes available *50,000 permanent resident visas annually to persons from countries with low rates of immigration to the United States. Approximately 100,600 applicants have been registered and notified and may now make an application for an immigrant visa. Since it is likely that some of the first *50,000 persons registered will not pursue their cases to visa issuance, this larger figure should insure that all DV-2011 numbers will be used during fiscal year 2011 (October 1, 2010 until September 30, 2011).
Applicants registered for the DV-2011 program were selected at random from over 12.1 million qualified entries (16.5 million with derivatives) received during the 60-day application period that ran from noon on October 2, 2009, until noon, November 30, 2009. The visas have been apportioned among six geographic regions with a maximum of seven percent available to persons born in any single country. During the visa interview, principal applicants must provide proof of a high school education or its equivalent, or show two years of work experience in an occupation that requires at least two years of training or experience within the past five years. Those selected will need to act on their immigrant visa applications quickly. Applicants should follow the instructions in their notification letter and must fully complete the information requested.
Registrants living legally in the United States who wish to apply for adjustment of their status must contact U.S. Citizenship and Immigration Services for information on the requirements and procedures. Once the total *50,000 visa numbers have been used, the program for fiscal year 2011 will end. Selected applicants who do not receive visas by September 30, 2011 will derive no further benefit from their DV-2011 registration. Similarly, spouses and children accompanying or following to join DV-2011 principal applicants are only entitled to derivative diversity visa status until September 30, 2011.
Only participants in the DV-2011 program who were selected for further processing have been notified. Those who have not received notification were not selected. They may try for the upcoming DV-2012 lottery if they wish. The dates for the registration period for the DV-2012 lottery program will be widely publicized during August 2010.
* The Nicaraguan and Central American Relief Act (NACARA) passed by Congress in November 1997 stipulated that up to 5,000 of the 55,000 annually-allocated diversity visas be made available for use under the NACARA program. The reduction of the limit of available visas to 50,000 began with DV-2000.
The following is the statistical breakdown by foreign-state chargeability of those registered for the DV-2011 program: 

AFRICA
ALGERIA
1,753
ETHIOPIA
5,200
NIGER
89
ANGOLA
55
GABON
41
NIGERIA
6,000
BENIN
508
GAMBIA, THE
72
RWANDA
204
BOTSWANA
13
GHANA
6,002
SAO TOME AND PRINCIPE
0
BURKINA FASO
183
GUINEA
701
SENEGAL
427
BURUNDI
72
GUINEA-BISSAU
5
SEYCHELLES
4
CAMEROON
3,674
KENYA
4,689
SIERRA LEONE
3,911
CAPE VERDE
26
LESOTHO
11
SOMALIA
201
CENTRAL AFRICAN REP.
18
LIBERIA
1,826
SOUTH AFRICA
963
CHAD
59
LIBYA
114
SUDAN
1,156
COMOROS
7
MADAGASCAR
55
SWAZILAND
4
CONGO
144
MALAWI
33
TANZANIA
174
CONGO, DEMOCRATIC REPUBLIC OF THE
2,575
MALI
88
TOGO
1,011
COTE D’IVOIRE
759
MAURITANIA
25
TUNISIA
132
DJIBOUTI
45
MAURITIUS
61
UGANDA
490
EGYPT
4,251
MOROCCO
2,003
WESTERN SAHARA
0
EQUATORIAL GUINEA
13
MOZAMBIQUE
2
ZAMBIA
128
ERITREA
851
NAMIBIA
13
ZIMBABWE
163

ASIA
AFGHANISTAN
97
ISRAEL
129
OMAN
3
BAHRAIN
15
JAPAN
298
QATAR
9
BANGLADESH
5,999
JORDAN
136
SAUDI ARABIA
91
BHUTAN
5
NORTH KOREA
2
SINGAPORE
35
BRUNEI
5
KUWAIT
88
SRI LANKA
515
BURMA
367
LAOS
3
SYRIA
132
CAMBODIA
434
LEBANON
214
TAIWAN
365
HONG KONG SPECIAL ADMIN. REGION
43
MALAYSIA
133
THAILAND
77
INDONESIA
205
MALDIVES
4
TIMOR-LESTE
0
IRAN
2,819
MONGOLIA
279
UNITED ARAB EMIRATES
66
IRAQ
147
NEPAL
2,189
YEMEN
95

EUROPE
ALBANIA
1,469
 - New Caledonia
9
NETHERLANDS
139
ANDORRA
0
 - Reunion
0
 - Aruba
6
ARMENIA
1,268
 - St. Pierre & Miquelon
0
 - Netherlands Antilles
16
AUSTRIA
147
GEORGIA
699
NORTHERN IRELAND
38
AZERBAIJAN
355
GERMANY
1,895
NORWAY
66
BELARUS
1,104
GREECE
62
PORTUGAL
61
BELGIUM
94
HUNGARY
272
 - Macau Special Admin. Region
5
BOSNIA & HERZEGOVINA
67
ICELAND
48
ROMANIA
821
BULGARIA
950
IRELAND
201
RUSSIA
2,464
CROATIA
97
ITALY
450
SAN MARINO
0
CYPRUS
11
KAZAKHSTAN
370
SERBIA
327
CZECH REPUBLIC
111
KOSOVO
134
SLOVAKIA
125
DENMARK
66
KYRGYZSTAN
196
SLOVENIA
14
 - Greenland
1
LATVIA
122
SPAIN
219
ESTONIA
72
LIECHTENSTEIN
1
SWEDEN
187
FINLAND
87
LITHUANIA
262
SWITZERLAND
195
FRANCE
767
LUXEMBOURG
3
TAJIKISTAN
257
 - French Guiana
0
MACEDONIA
263
TURKEY
2,266
 - French Polynesia
13
MALTA
1
TURKMENISTAN
135
 - French Southern & Antarctic Lands
1
MOLDOVA
894
UKRAINE
6,000
 - Guadeloupe
0
MONACO
0
UZBEKISTAN
5,091
 - Martinique
0
MONTENEGRO
5
VATICAN CITY
0

NORTH AMERICA
BAHAMAS, THE
18

OCEANIA
AUSTRALIA
683
NAURU
7
SOLOMON ISLANDS
3
 - Christmas Island
0
NEW ZEALAND
333
TONGA    
51
 - Cocos Islands
0
 - Cook Islands
0
TUVALU
4
FIJI
476
 - Niue
8
VANUATU
1
KIRIBATI
9
PALAU
2
WESTERN SAMOA
13
MARSHALL ISLANDS 
6
PAPUA NEW GUINEA
4


MICRONESIA, FEDERATED STATES OF 
0
SAMOA
0



SOUTH AMERICA, CENTRAL AMERICA, AND THE CARIBBEAN
ANTIGUA AND BARBUDA
1
DOMINICA
29
SAINT LUCIA
27
ARGENTINA
134
GRENADA
5
SAINT VINCENT AND THE GRENADINES
21
BARBADOS
12
GUYANA
36
SURINAME
9
BELIZE
12
HONDURAS
61
TRINIDAD AND TOBAGO
145
BOLIVIA
90
NICARAGUA
74
URUGUAY
23
CHILE
63
PANAMA
31
VENEZUELA
752
COSTA RICA
50
PARAGUAY
14


CUBA
406
SAINT KITTS AND NEVIS
6


Natives of the following countries were not eligible to participate in DV-2011:  Brazil, Canada, China (mainland-born, excluding Hong Kong S.A.R. and Taiwan), Colombia, Dominican Republic, Ecuador, El Salvador, Guatemala, Haiti, India, Jamaica, Mexico, Pakistan, Peru, the Philippines, Poland, South Korea, United Kingdom (except Northern Ireland) and its dependent territories, and Vietnam.

Salon Solace

1907 9th St. NW 
Washington, DC 20001
202 550 6539
301 221 7745

Nishan Salon

6480 New Hampshire Ave.
Takoma Park, MD
301 270 0729
301 919 7696

Nina Salon

4703 N. Chambliss St
Alexandria, VA 22312
(near Hanna Market)

My Dream Wireless Solutions

8115 fenton st #200 silver spring md
Silver SpringMD 20910
301-318-2463

Girum Injera

5713 -A Edsall Rd.
Alexandria, VA 22304
Tel 703 370 2121
703 870 4307

Hair Flair Salon

(At the Woodner)
3636 16th St. NW Suite BG-30
Washington, DC 20010
W. 202 248 3809 C 202 361 7744

Fasil Ethiopian Restaurant

1608 7th St. N.W. Washington DC 20001
202 232 1608
Happy Hour (5 to 9 PM)

Abay Market

Build America Center
3811-A S. George Mason Drive

Falls ChurchVA 22041
703998-5322