Central Bank announced devaluation of sudanese pound
It is a brutal but expected devaluation of the pound that the Sudanese Central Bank announced on Sunday, February 21, announcing a unification of exchange […]
IMF
DRC : The Assembly adopts a more realistic 2021 budget
The Congolese National Assembly on Thursday 3 December adopted without delay the 2021 finance bill which devotes a budget slightly higher than the revised budget […]
IMF lauds Morocco’s efforts to expand social welfare, contain Covid-19 crisis
The head of the IMF mission, in charge of Morocco, Roberto Cardarelli, who presented at a news conference the conclusions of his consultations with Moroccan […]
DRC: Mining contracts have been published as requested by the International Monetary Fund
The various memorandum of understanding and mining contracts required by the International Monetary Fund have been published. They both concern Sokimo and Miba. These contracts […]
Sudan announces transfer of $335 million intended to compensate U.S. victims of terrorism
Sudan claims to have transferred money intended for the victims of the 1998 and 2000 attacks against US interests. Al Qaeda had attacked the American […]
IMF approved new emergency assistance for 28 countries, of which 22 are in Africa
The IMF continues to stand by the poorest in this time of global crisis. On October 5, the Fund approved new emergency assistance for 28 […]
South Africa: IMF Provides $4.3 Billion in Emergency Assistance to fight Covid-19
The IMF announced this week that it approved $4.7 billion (€3.7 billion) in emergency assistance in response to Covid-19 to South Africa. The country had […]
Gabon’s budget cut by 10% because of Covid-19
In Gabon, because of the Covid-19 pandemic, the government has decided to revise its 2020 budget downwards. As Gabon’s finance law is based on the […]
DRC to review its 2020 budget because of the coronavirus
“We’re an extroverted economy. This means that our exports and imports are more difficult to do today than they were yesterday. So that means, as […]
IMF helps Ghana face economic fallout
As growth falters and the government’s financing needs expand, Ghana received an aid from the International Monetary Fund. The West African country which was promoting […]