IMF Says Global Economy Faces Tougher Year in 2023
For much of the global economy, 2023 is going to be a tough year as the main engines of global ... Read More
IMF
Ghana Reaches Bailout Agreement with IMF
After months of sliding economic fortunes in Ghana, the country can now breathe a sigh of relief from an IMF ... Read More
Egypt’s Net Foreign Reserves Rise for a Second Month in a Row
Egypt’s net international reserves rose slightly for a second month in a row, as the North African country awaits an ... Read More
Egypt Finalizes a Staff-Level Agreement With IMF
Egypt has finalized a staff-level agreement with the international monetary fund (IMF) on the components of its program, and will ... Read More
Ukraine War Biggest Factor Fueling Inflation and Slowing the Global Economy
International Monetary Fund member countries on Friday issued a near-unanimous call for Russia to end its war in Ukraine, the ... Read More
The Egyptian Pound Needs to Weaken
A currency that the world’s biggest banks say is too expensive likely leaves Egypt few options besides allowing it to ... Read More
UK’s Economy to Enter Recession at the End of the Year
The Bank of England projected Thursday that the United Kingdom’s economy will enter a recession at the end of the ... Read More
List of African Countries and Their Inflation Rates in 2022
The world is currently battling with high inflation rate and Africa is not exempted from this experience, with countries on ... Read More
IMF Open Talks With Sri Lanka on a Possible Bailout
Sri Lanka has closed schools and halted all non-essential government services, beginning a two-week shutdown to conserve fast-depleting fuel reserves as ... Read More
IMF to Raise $45 Billion for New Trust to Help “Low-Income and Vulnerable Middle-Income Countries”
The IMF plans to raise at least $45 billion for a new trust to help “low-income and vulnerable middle-income ... Read More