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
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
Emerging Francophone Markets Pivot Towards Fortunes
By now, every good economist understands the value of an empowered middle class as an indicator of future growth and prosperity of ... Read More
IMF Warns Europe That Supply Snarls May Persist Into 2023
Supply disruptions took a chunk out of euro-area economic growth last year and may persist into 2023 because of the ... Read More
IMF Says Crypto Assets Are No Longer on the Fringe of the Financial System
The International Monetary Fund (IMF) published a blog post on Tuesday warning about the risks crypto assets pose to financial ... Read More
Morocco Economy Rebounds With Strong Growth
Morocco’s economy has rebounded with GDP in 2021 projected to grow 6.3 percent on the back of a rapid response ... Read More
IMF Approves $1 Billion Loan for Uganda
The International Monetary Fund (IMF) has approved a $1 billion three-year loan facility to Uganda under the Extended Credit Facility (ECF). However, ... Read More
Egypt to Receive Over $5 Billion Loan From IMF
IMF staff on Tuesday announced they had reached an agreement with Egypt over an economic program that would release the ... Read More
Ethiopia Spends KSh 10.5 Billion on New Banknotes
Ethiopia is spending $ 97 Million (KSh 10.5 Billion) to print new banknotes, a move authorities say will lock out ... Read More
Nigeria’s Recession: Oil Production Cut Deal To Deeper Economic Contraction and Fiscal Deficits
A global credit ratings agency, Fitch Ratings, has said Nigeria’s compliance with the oil production cut deal led by the ... Read More