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.
Chad’s official creditor committee will meet this week amid growing pressure from the International Monetary Fund and others for progress on the country’s request for debt restructuring, two sources briefed.
The International Monetary Fund (IMF) has approved $3.7 billion credit to Angola, the agency said. IMF, in a statement, said the three-year credit, under the Extended Fund Facility, was aimed.
The International Monetary Fund says it has approved a three-year loan of about $3.7 billion for Angola, which seeks to diversify its economy and curb corruption after a new president.
International Monetary Fund chief Christine Lagarde voiced optimism recently that U.S. President Donald Trump’s planned tax cuts and construction spending would boost the American economy, but said they could cause.
Ghana’s new government plans to review its $918 million programme with the International Monetary Fund because it may need more money for its spending plans, a minister-designate said on Friday..
