Bank of Ghana Cuts Policy Rate to 18% as Inflation Outlook Brightens
Ghana’s Central bank, on Wednesday, November 26, announced a 350-basis-point reduction in the benchmark lending rate, lowering it from 21.5 percent to 18 percent. Governor […]
International monetary Fund
Senegal Secures IMF Confidence as Mission Concludes in Dakar
Senegal has earned a vote of confidence from the International Monetary Fund following the conclusion of an IMF mission led by Edward Gemayel on 4 […]
IMF Mission in Dakar Seeks Solutions to Restore Senegal’s Debt Sustainability
An International Monetary Fund (IMF) delegation arrived in Dakar on Wednesday, 22 October, to continue negotiations on a new financial support programme for Senegal. Led […]
IMF Projects Egypt’s Debt to Fall to Lowest Level Since 2016 by 2030 Amid Fiscal Reforms
Egypt’s general government gross debt is forecast to decline steadily through 2030, reaching its lowest level since 2016, according to the International Monetary Fund (IMF). […]
IMF Warns of Fragile Global Recovery, Highlights Uneven Growth and Risks for Sub-Saharan Africa
The International Monetary Fund (IMF) has projected a modestly improved near-term global economic outlook but warned of persistent vulnerabilities, particularly in Sub-Saharan Africa. Presenting its […]
Uganda Projects 8% Annual Growth Ahead of Oil Production Boom
Uganda’s economy is forecast to expand by an average of 8% annually over the next five years, fuelled by anticipated oil production and heavy investments […]
IMF Approves Ghana’s Fourth ECF Review, Unlocking $370 Million to Bolster Economic Recovery
The International Monetary Fund (IMF) has approved Ghana’s Fourth Review under the Extended Credit Facility (ECF) Programme, releasing a $370 million disbursement to support the […]
Senegal Delays Budget Data, Push to Rebuild Investor Confidence After Debt Scandal
Senegal’s Ministry of Finance has postponed the release of its budget execution reports for the last quarter of 2024 and the first quarter of 2025 […]
IMF Approves New Disbursement for Central African Republic Amid Mixed Reform Progress
The Executive Board of the International Monetary Fund (IMF) has concluded the third and fourth reviews of the Extended Credit Facility (ECF) arrangement for the […]
Senegal Shifts Gears Toward Self-Reliance Through Domestic Revenue Overhaul
Facing the fiscal pressures of suspended international support, Senegal is pivoting toward a bold path of economic sovereignty by intensifying domestic tax compliance. Prime Minister […]