IMF Clears $2.27bn for Egypt After Latest Program Reviews
The International Monetary Fund (IMF) has completed the combined fifth and sixth reviews of Egypt’s economic reform programme, unlocking approximately 2.27 billion U.S. dollars in […]
IMF
Benin Targets Fiscal Stability with 3% Deficit Ceiling, Emphasises Debt Vigilance
Benin’s 2026 budget aims to keep the fiscal deficit within the West African Economic and Monetary Union (WAEMU) ceiling of 3 percent of GDP, according […]
IMF Approves $124.3 Million Resilience Facility and Completes Fourth Review of Extended Credit for Burkina Faso
The International Monetary Fund (IMF) Executive Board on February 18, 2026, completed the fourth review of Burkina Faso’s 48-month Extended Credit Facility (ECF) arrangement, unlocking […]
DRC: Payroll Surge Deepens Fiscal Strain as IMF Flags 2026 Deficit Risk
The State payroll in DR Congo has risen by a further 11 per cent this year, intensifying pressure on public finances, according to Valery Madianga, […]
Bank of Ghana Cuts Policy Rate by 250 Basis Points as Inflation Eases
Ghana’s central bank on Wednesday announced a further 250-basis-point reduction in its benchmark lending rate to 15.5 percent, aiming to support economic growth after inflation […]
Zambia Concludes IMF Programme, Signals Shift to Growth-Oriented Reforms
On Wednesday, the Zambian Government welcomed the conclusion of the IMF-supported Extended Credit Facility programme following the approval of the sixth and final review by […]
Ghana: Mahama Expresses Surprise at Rapid Recovery of Ghana’s Economy
President John Dramani Mahama has expressed astonishment at the swift turnaround of Ghana’s economy, describing the pace of recovery as far exceeding both his expectations […]
Ghana Tightens Central Bank Financing Rules to Reinforce Independence
Ghana’s Parliament, on Thursday, 18 December, approved the Bank of Ghana (Amendment) Bill, 2025, introducing tighter limits on Central bank financing of Government to safeguard […]
IMF Concludes 2025 Article IV Mission to Angola, Projects Slower Growth Amid Oil Challenges
On Wednesday, December 17, the International Monetary Fund (IMF) disclosed that the staff team, led by Mika Saito, concluded Angola’s 2025 Article IV consultation during […]
Ethiopia Confirms June 2026 Elections Despite Ongoing Conflicts
Ethiopia will proceed with parliamentary elections on 1 June next year, the Electoral Commission has confirmed on 9 December, even as the country grapples with […]