Most Recent News

IMF approves $1.3bn support package for Zambia

Zambia has got a $1.3billion support package approval from the International Monetary Fund Board to restructure its debts and rebuild an economy ravaged by mismanagement and the COVID-19 pandemic. It.

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IMF deal will not unduly burden Ghanaians – Ofori-Atta assures

The Finance Minister of Ghana, Ken Ofori-Atta, has assured parliamentarians that the government will ensure that talks with the IMF are positive and do not put Ghanaians in any undue.

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IMF approves $235.6 million disbursement to Kenya on loan review

The International Monetary Fund, IMF, said its executive board approved a $235.6 million disbursement to Kenya on Monday as it approved a third review of the country’s Extended Credit Facility.

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IMF calls for quick creditor agreements on Chad, Ethiopia, Zambia debts

The International Monetary Fund, IMF, on Thursday called on creditor committees for Chad, Ethiopia and Zambia to quickly reach agreements with authorities to restructure the countries’ debts, saying this could.

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IMF executive board approves $638 million for Benin

The International Monetary Fund’s (IMF) executive board has approved a $638 million extended fund and extended credit facility for Benin under a 42-month arrangement to help the West African nation.

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Zambia plans to cancel over $2 billion projects to rein in debt

Zambia is cancelling more than $2 billion worth of projects financed by commercial loans to reduce the risk of accumulating more non-concessional debt, the ministry of finance said. In 2020,.

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African Caucus wraps up meeting with adoption of Marrakesh Declaration

The 2022 meeting of the African Consultative Group of Finance Ministers & Central Bank Governors of the 54 African Member States of the World Bank and the IMF wrapped up.

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IMF, Ghana to Discuss Possible $3bn Loan to Support Economy

The IMF will send a team to Ghana this week to begin discussions about a possible $3 billion bailout loan, the fund announced Tuesday. The visit, which will run between.

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President Weah Launches Over US$13 Million Fund Drive Towards “Zogos” Rehabilitation

The President of the Republic, H.E. Dr. George Manneh Weah, will today, Thursday, June 30, 2022, launch a National Fund Drive for the rehabilitation and empowerment of the Country’s “At.

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National Strike Looms in Tunisia as UGTT Rubuffs President Saied

After refusing to participate in a limited dialogue proposed by the president as he rewrites the constitution, Tunisia‘s powerful labour union announced on Monday that it would hold a national.

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