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IMF

IMF says more work needed before Congo’s debt-plagued economy bailout

December 21, 2017 Geraldine Boechat 0

The International Monetary Fund (IMF) has concluded its negotiation mission in Congo without reaching an agreement on an assistance package, the Washington-based international lender said […]

Senegal: IMF forecasts stronger growth for third year in a row

December 19, 2017 Khalid Al Mouahidi 0

Senegal’s GDP growth is expected to exceed 6 percent in 2017, mainly driven by services, tourism and agriculture, the International Monetary Fund said in a […]

Tanzania: Lack of public spending curtailing economic growth – IMF

December 13, 2017 Steven Addamah 0

The International Monetary Fund (IMF) on Wednesday called on Tanzanian authorities to speed up reforms to prevent a slowdown of the economy of the East […]

IMF Greenlights Disbursment of $2 Bln to Egypt

November 10, 2017 Khalid Al Mouahidi 0

After a review of Egypt’s economic reforms, the IMF said it has agreed to the disbursement of a $2bn loan –part of the $12bn extended […]

Ethiopia devalues Birr to cope with foreign currency crunch

October 11, 2017 Steven Addamah 0

The National Bank of Ethiopia (NBE) on Tuesday announced a devaluation of the country’s currency, the birr by 15% in a bid to cope with […]

Ghana extends IMF credit Facility program to 2019

August 31, 2017 Steven Addamah 0

The Government of Ghana, on Wednesday, extended the credit facility program with the International Monetary Fund (IMF) by a year following a conclusion of an […]

Congo: Prime Minister, Cabinet Resign amid Economic Turmoil

August 18, 2017 Khalid Al Mouahidi 0

Congo’s Prime Minister Clement Mouamba on Thursday resigned along with the rest of his cabinet, days after veteran President Denis Sassou Nguesso called for new […]

Tanzania’s first quarter growth slows to 5.7 %

August 10, 2017 Steven Addamah 0

Tanzania’s economic growth slowed to 5.7 percent in the first quarter of this year from 6.8 percent previously, the statistics office of the East African […]

Mali: economy to post 5.3% growth in 2017

July 10, 2017 Geraldine Boechat 0

Malian economy is expected to grow by 5.3% this year and 5% the following year, the International Monetary Fund reported. These performances will be driven […]

IMF approves $666 mln loan for Cameroon

June 28, 2017 Geraldine Boechat 0

The International Monetary Fund executive board on Monday approved a $666 million, three-year extended credit facility for Cameroon to support economic and financial reforms in […]

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