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Go Local Holiday Gift GuideFAIRFAX, Va. , Nov. 25, 2024 /PRNewswire/ -- GovCIO Media & Research , a leading federal technology media company, opened the Flywheel Award nominations for the 2025 Defense IT Summit. The Flywheel Awards will be presented on February 27, 2025 , in Arlington, Virginia , at the Defense IT Summit. The awards will recognize the key accomplishments of federal and defense leaders in transforming and innovating national security technology through the programs they oversee. The entry deadline is December 20 and finalists will be announced on January 6 . "The Flywheel Awards embody what it means to be a transformer in defense IT, and it is our goal to continuously recognize these leaders," said Amy Kluber , Editor-in-Chief. "During the Defense IT Summit, the Awards will recognize the accomplishments made by defense leaders and the programs that they work on that transform and innovate national security technology." The Defense IT Summit Flywheel Award categories include: Nominees must be federal IT employees and submission achievements must be from January 2024 to present. Nominations for the Defense IT Summit Flywheel Awards are open until December 20 . Submit nominations here. Visit the Defense IT Summit event page to view the full event agenda, speaker lineup and register for this must-attend event. Tickets are going fast, register today. About GovCIO Media & Research GovCIO Media & Research, an independent media company, provides insights and analysis on federal IT innovation and is the leading industry solutions resource. Our team utilizes a multi-platform approach to today's most pressing issues through video, podcasts, events, articles and special reports that keep federal IT decision-makers informed on technology's impact on government. Media Contact Emyly Hall Sr. Communications & Marketing Specialist emyly.hall@govcio.com View original content to download multimedia: https://www.prnewswire.com/news-releases/nominations-open-for-2025-defense-it-summit-flywheel-awards-302315886.html SOURCE GovCIO Media & Research
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( MENAFN - APO Group) The United Nations Economic Commission for Africa (ECA) today launched the report: The IMF and the Future of the Global financial Architecture , at the Ministerial Segment of the 5th Extraordinary Session of the African Union Specialized Technical Committee (STC) on Finance, Monetary Affairs, Economic Planning and Integration held in Abuja, Nigeria. Ms. Hanan Morsy, Deputy Executive Secretary and Chief Economist at the ECA who supervised and guided the report, said it was prepared in consultation with the African Ministers of Finance, Planning, and Economic Development, the African Union, and the African Development Bank. It proposes a new work agenda for the International Monetary Fund (IMF)“to better respond to the challenges that African low- and middle-income countries are facing.” The Report is grounded on the work of the Africa High-level Working Group on the Global Financial Architecture , which is coordinated by the ECA. This Group comprises African Ministers of Finance, Planning and Economic Development, the African Union, the African Development Bank, Afreximbank, and the World Bank. It includes the participation of IMF staff and Executive Directors. The Report's key messages include: Global Financial Safety Net: The IMF should make Special Drawing Rights (SDR) allocation decisions in a rule-based analytical manner to reduce the discretionary and political nature of the allocation process and ensure that SDRs are directed to countries that require them. A New Global Debt Architecture: The IMF should propose reforms to overhaul the G20 Common Framework to be more effective, time-bound, and transparent, strengthen the International Debt Legal Framework, and review and update the IMF-World Bank Debt Sustainability Analysis to make it more SDG- and solvency-focused. The Resilience and Sustainability Trust (RST) and a New Agenda for Green Development: The IMF should facilitate the scaling up of debt-swaps-for-nature, climate and adaptation, enable credit enhancement for green finance, support countries' efforts to design and implement frameworks to attract private finance, mobilize more resources for the RST to allow for increased IMF lending with longer maturities, and work together with partners to support the resilience of transition policies. A New Agenda for Market Access: The IMF should establish benchmarks based on macroeconomic fundamentals, support African countries in building capacity to regularly collect and publish high-quality data, expand the IMF African Regional Technical Assistance Centers (AFRITAC) mandate to include support on ESG investment and green capital markets, promote global financial stability by avoiding penalization of pre-emptive restructuring by Credit Rating Agencies (CRAs), support regulatory and oversight reforms, and support the establishment of Africa regional CRA. An IMF for the 21st Century: The IMF should recalibrate its operating model and lending instruments to better address global shocks and alleviate countries' liquidity needs in the short term and reform the quota formula to support more equitable access to SDRs, make permanent the higher access to the Poverty Reduction and Growth Trust (PRGT) and the General Resources Account (GRA), and expand IMF advocacy and policy work on global imbalances in the medium to long run. According to Ms. Morsy, the analytical work of this report has fostered a more productive dialogue with the IMF and has also been instrumental in catalysing tangible progress on several critical issues - these include increased concessional financing, a 50 per cent general quota increase, approval of the use of SDRs to purchase hybrid capital, advancing reforms to the RST to better serve vulnerable countries, enhanced representation for Africa on the IMF Executive Board through a third Chair, and reduction of IMF Surcharge. “Today's economic landscape demands a reimagined IMF that genuinely serves all its member countries. This report advocates for changes to empower vulnerable nations, fostering a more inclusive global financial system,” said Ms. Morsy, adding:“While substantial progress has been made, the report acknowledges that much work remains. The collaborative efforts among African nations and stakeholders will be crucial in pursuing an equitable and efficient financial architecture that addresses current challenges and future developments.” To download the report, please visit (English version) MENAFN30112024004934011406ID1108942026 Legal Disclaimer: MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.The much-trumpeted tracking system for buses is now operational, according to Transport Canberra. Subscribe now for unlimited access . Login or signup to continue reading All articles from our website & app The digital version of Today's Paper Breaking news alerts direct to your inbox Interactive Crosswords, Sudoku and Trivia All articles from the other regional websites in your area Continue "Real-time for buses just went live this week and we will monitor it and make any adjustments where needed," the ACT government transport agency said. "Real-time will further improve as more new electric buses arrive over coming months and replace existing buses which are due to retire and as such aren't being fitted out with the technology." But there's still some way to go before the planned system runs as intended. "Functions such as occupancy levels of bus and light rail vehicles will be updated shortly. The app interface will also be upgraded to improve accessibility." Transport Canberra has been rolling out improvements to its troubled MyWay plus system. Pictures by Keegan Carroll, Elesa Kurtz, screenshot The Canberra Times sought more detailed information from Transport Canberra, including an estimate of the date on which the whole system would be working fully but information on that arrive-by date was not forthcoming. On tracking on the app, some older buses will not be live-tracked by the system, but that was always the intention. But once the glitches had been ironed out, the plan was that most individual buses in the fleet ought to be trackable so passengers at stops could see exactly where the bus they were waiting for was. The information from Transport Canberra was that the app would now show whether a bus or tram was "on time". It was not clear whether it would show the position of buses on a potential passenger's phone. "It also shows how many minutes away in real time the service is from your location. "Scrolling down the list, you will also be able to see a full list of the next services coming to your stop." "If the service is running late, you will be able to see how many minutes it has been delayed and the time it will show up at your stop," Transport Canberra said on the progress report page on its website. Transport Canberra said that 75,000 MyWay+ accounts had been created since the launch a month ago. More than 50,000 cards "are in the hands of customers, and nearly half of MyWay+ journeys have been by tapping on and off with the convenience of a debit or credit card". Just under a fortnight ago, the software was altered to try to fix a QR code glitch. Many passengers had not been able to tap on and tap off. Updates have meant the codes have improved, although some users have reported issues positioning their devices at the right distance from the machines at the back of buses. The public transport agency said at the time that it would continue to educate passengers through the transition period, indicating it would not launch a crackdown on fare evasion while issues with the system were ironed out. "We are continuing to work with NEC to provide customers with a better experience when using the QR code," Transport Canberra said. Share Facebook Twitter Whatsapp Email Copy Steve Evans Reporter Steve Evans is a reporter on The Canberra Times. He's been a BBC correspondent in New York, London, Berlin and Seoul and the sole reporter/photographer/paper deliverer on The Glen Innes Examiner in country New South Wales. "All the jobs have been fascinating - and so it continues." Steve Evans is a reporter on The Canberra Times. He's been a BBC correspondent in New York, London, Berlin and Seoul and the sole reporter/photographer/paper deliverer on The Glen Innes Examiner in country New South Wales. "All the jobs have been fascinating - and so it continues." More from ACT Politics Transport Canberra gets real time bus tracking running four weeks after launch 15m ago No comment s 'Unacceptable': the mistakes made by Canberra Hospital staff before child's death Key light rail milestone to bring major disruptions to city No comment s Why bureaucrats' flights preferences matter for your next trip out of Canberra No comment s Extra time for say on pool site, but 'govt is not listening to the people' No comment s Public service changes need more than new letterhead to make a difference No comment s Newsletters & Alerts View all DAILY Your morning news Today's top stories curated by our news team. Also includes evening update. Loading... WEEKDAYS The lunch break Grab a quick bite of today's latest news from around the region and the nation. Loading... DAILY Sport The latest news, results & expert analysis. Loading... WEEKDAYS The evening wrap Catch up on the news of the day and unwind with great reading for your evening. Loading... 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Germany's Merkel recalls Putin's 'power games' and contrasting US presidents in her memoirs
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