Mozambican government plans additional tax on rents and broadening of VAT base
The Mozambican government has made a commitment to the International Monetary Fund (IMF) to broaden the VAT base and apply an “additional tax” to rental […]
IMF
Mozambique must maintain fiscal consolidation and ease monetary policy
The International Monetary Fund (IMF) argues that Mozambique should continue fiscal consolidation in order to reduce debt needs, signaling that an easing of monetary policy […]
IMF approves new disbursement of 55.4 million euros in assistance program for Mozambique
The International Monetary Fund (IMF) has approved the third assessment of the assistance plan for Mozambique, allowing the “immediate disbursement” of a new tranche of […]
Malawi suspends official foreign travel to cut expenses
Malawi’s President Lazarus Chakwera has decided to temporarily ban himself and his government from traveling abroad, to help his country cut spending in the face […]
IMF admits situation is “a little complicated” due to increase in domestic debt in Mozambique
The representative of the International Monetary Fund (IMF) in Mozambique has classified the domestic debt situation as “somewhat complicated”. Alexis Meyer (IMF representative) says that […]
Africa will have a “stronger voice” within the IMF
The Managing Director, Kristalina Georgieva, revealed in an interview on Thursday October 5 that Africa will soon be given a third seat on the Executive […]
IMF releases another 8.1 million dollars to Guinea-Bissau
The International Monetary Fund (IMF) announced Monday October 2 that Guinea-Bissau will receive another tranche of 8.1 million dollars (7.7 million euros) after another positive […]
Mozambique: UBS Group reaches agreement on eve of trial
The UBS Group on Sunday October 1st, reached an agreement with Mozambique over Credit Suisse’s role in ship financing, on the eve of the trial. […]
Guinea-Bissau’s deficit almost ten times higher than agreed with IMF
The Government of Guinea-Bissau admitted on Wednesday that it will miss the deficit target agreed with the International Monetary Fund (IMF), with a figure that […]
IMF has a resident representative in Cape Verde for the first time
The International Monetary Fund (IMF) has a representative resident in Cape Verde for the first time, the Ministry of Finance announced on Monday August 28, […]