IMF Extends Loan Program to Drought-Hit Malawi
The International Monetary Fund (IMF) on Monday said it would increase loans to Malawi by $76.8 million, as the southern African country declared a state […]
IMF
Nigeria: IMF Welcomes New Forex Policy
The International Monetary Fund on Thursday welcomed the decision by Nigeria government to abandon its currency peg and adopt a flexible exchange rate policy. The […]
IMF Praises Mali’s Handling of Economy, Disburses $26.9 mln
The International Monetary Fund on Friday said its board approved the disbursement of about $26.9 million to landlocked Mali. The international lender also extended the […]
IMF Paints Gloomy Picture For Algerian Economy
The economic outlook in Algeria has deteriorated since 2014 due to the fall in oil prices, affecting fiscal and external balances, says the International monetary […]
Cheap Oil, Insecurity Slow CEMAC Economic Growth – IMF
Countries of the Central African Economic and Monetary Community (CEMAC) are facing economic turbulence, the IMF said over the weekend following 2-week visit to Libreville […]
Uranium-Rich Niger’s Economy to Grow by 5.2%
Landlocked Niger’s economy is expected to grow by 5.2 percent this year, the International Monetary Fund said on Tuesday. “The economic perspectives in the medium-term […]
Angola Must Combat Money Laundering, CB Governor
Governor of Angola’s central bank, Valter Filipe da Silva, said Angola needs to fight money laundering and financing terrorism by focusing on ethics and morality […]
Kenya’s Economy Grew by 5.6% in 2015
Kenya’s economy grew by 5.6 percent in 2015 up from 5.3 recorded in 2014, the statistics office said on Tuesday. Agriculture, which contributes nearly a […]
Algeria GDP Growth Stood at 3.9% in 2015
Algeria’s economy grew by 3.9 percent in 2015, up from a 3.8 percent the previous year, the government said on Monday. In 2015, the North […]
Nigeria Has not Applied for IMF Assistance, Finance Minister
Nigeria’s Finance Minister, Kemi Adeosun said over the weekend that the West African nation has not applied for financial assistance from the International Monetary Fund […]