Most Recent News

Somalia seeks three-month extension of its IMF support programme

Somalia’s government has asked the International Monetary Fund (IMF), to extend its financial support by three months to Aug. 17, the head of the IMF’s country mission told Reuters. In.

  • 0

UN chief calls for debt relief, return to constitutional rule in some African Countries

UN Secretary-General, Antonio Guterres, on Sunday urged debt relief for African countries and more investment to help their economies recover from the COVID-19 pandemic and the impacts of the Ukraine.

  • 0

Kenya to receive $244m budget support from IMF

The International Monetary Fund, IMF, plans to release $244 million to Kenya to finance its budget “in the coming weeks” after its staff expressed their satisfaction with Nairobi’s economic reforms.

  • 0

China committed to joining Zambia creditor committee – IMF’s Chief

China has committed to joining Zambia’s creditor committee, International Monetary Fund managing director, Kristalina Georgieva, said on Thursday, amid complaints from Zambia’s finance minister about delays to its debt restructuring..

  • 0

IMF set up new lending facility to cushion member states from economic shocks

The International Monetary Fund, IMF, has created a new lending facility to help build the resilience of its member countries against economic shocks. The facility, dubbed ‘The Resilience and Sustainability.

  • 0

Nigeria’s eNaira Attracting Global Attention — IMF

The International Monetary Fund (IMF) has revealed that Nigeria’s digital currency, the eNaira has been “drawing substantial interest from the outside world” since it was unveiled on October 25, 2021.

  • 0

Morocco eyes IMF deal on new credit line by year-end

Morocco expects to reach an agreement with the IMF for a Precautionary and Liquidity Line (PPL) by the end of 2018, its economy and finance minister said on Tuesday. Mohamed.

  • 0

Egypt economic reform designed to satisfy IMF, international investors

Last week, International Monetary Fund (IMF) Managing Director Christine Lagarde left a meeting with Egyptian President Abdel Fattah Al-Sisi giving words of praise and commending his economic policies. She said:.

  • 0

IMF Confirms 7.2% Economic Growth Rate for Rwanda

The International Monetary Fund (IMF) has retained Rwanda’s economic growth projection for 2018 at 7.2 per cent, owing to strong industrial activity and favourable rains that are expected to boost.

  • 0

Tunisia’s economy starts to rebound but structural issues persist – IMF

Tunisia’s economy is displaying signs of economic recovery following difficult years since the Arab Spring, but remains dependent on consumption and imports, with weak investment and high levels of unemployment,.

  • 0