Kenya Targets Lower Budget Deficit Amid Austerity Push and IMF Pressure
Kenya’s Government has announced on Tuesday 29 April plans to cap its fiscal deficit at 4.5% of GDP for the 2025/26 financial year, a modest […]
IMF
South Africa’s Economic Growth Forecast Downgraded by IMF Amid Tariff Concerns
A reduced economic growth forecast for South Africa has been issued by the International Monetary Fund (IMF), with the 2025 projection being cut from 1.5 […]
IMF Delays Talks on New Senegal Program Over Economic Data Misreporting
The International Monetary Fund (IMF) announced that discussions on a new economic program for Senegal would be postponed until the Government addresses issues of misreported […]
IMF releases $496mln for Morocco under climate-resilience scheme
The International Monetary Fund greenlighted this week the release of $496 million for Morocco under a Resilience and Sustainability Facility (RSF) to help the north […]
IMF Receives Formal Request for New Financing Programme from Kenya
The International Monetary Fund (IMF) has confirmed that it has received a formal request from Kenyan authorities for a new financing programme and will engage […]
Ghana Cancels COVID-Era Taxes, Raising Concerns Over Fiscal Sustainability Amid Ongoing Economic Crisis
Ghana’s new Government has announced the removal of several COVID-era taxes, which were introduced as part of an effort to secure financing from the International […]
Senegal Aims for New IMF Programme by June Amid Financial Review
Senegal is optimistic about securing a new agreement with the International Monetary Fund (IMF) by June 2025, following a recent financial review that revealed discrepancies […]
Ghana Government Could Reclaim $21.19 Billion from Stolen State Assets, Says President’s Anti-Corruption Committee
Samuel Okudzeto Ablakwa, Chairman of the Operation Recover All Loot (ORAL), an anti-corruption Committee set up by President of Ghana in January 2025, has disclosed […]
IMF in Discussions with Senegal Over Debt and Deficit Misreporting
The International Monetary Fund (IMF) is actively engaging with the Senegalese Government after an audit revealed discrepancies in the country’s reported debt and deficit figures. […]
São Tomé and Príncipe’s economy stagnates for a second year
The Governor of the Central Bank, Américo Ramos, confirmed that São Tomé and Príncipe’s economy failed to grow in 2024, maintaining stagnation at zero for […]