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International monetary Fund

IMF extends debt relief program for 24 poor countries

October 11, 2021 Steven Addamah 0

The International Monetary Fund (IMF) has extended its debt relief program for 24 eligible low-income countries until January 10, 2022 to help them combat the […]

DRC gets $1.5 billion from IMF

July 19, 2021 Geraldine Boechat 0

The Democratic Republic of Congo has concluded a program with the International Monetary Fund (IMF), the first step in the disbursement of a credit of […]

The International Monetary Fund granted $50 billion in debt relief to Sudan

July 1, 2021 Steven Addamah 0

The IMF announced on Tuesday a massive economic aid to Sudan, with a debt relief of 50 billion dollars, which consecrates the exit of the […]

DRC: Felix Tshisekedi meets IMF Managing Director to negotiate new program

May 18, 2021 Geraldine Boechat 0

While a mission of the International Monetary Fund (IMF) has been in Kinshasa for more than a week, Kristalina Ivanova Gueorguieva, managing director of this […]

Kenya: Internet users call on IMF to stop granting loans to their country

May 18, 2021 Steven Addamah 0

Kenyans, angry, still very mobilized on the internet. For about 2 months, they have been calling on the IMF to stop lending money, while these […]

Covid-19: Immunization, one of the conditions for sustainable growth in sub-Saharan Africa

April 16, 2021 Steven Addamah 0

The International Monetary Fund forecasts 3.4% overall growth for sub-Saharan Africa in 2021 after a 2020 recession of 1.9%, the first in more than a […]

IMF grants 58 million USD to Mali

February 25, 2021 Geraldine Boechat 0

The International Monetary Fund decided to immediately disburse nearly $58 million, or 31 billion CFA francs, to Mali. This decision is part of the long-standing […]

Central Bank announced devaluation of sudanese pound

February 22, 2021 Steven Addamah 0

It is a brutal but expected devaluation of the pound that the Sudanese Central Bank announced on Sunday, February 21, announcing a unification of exchange […]

DRC : The Assembly adopts a more realistic 2021 budget

December 4, 2020 Geraldine Boechat 0

The Congolese National Assembly on Thursday 3 December adopted without delay the 2021 finance bill which devotes a budget slightly higher than the revised budget […]

Zambia admits serious financial difficulties due to Covid 19 pandemic

November 19, 2020 Steven Addamah 0

Having failed to meet a $42.5 million payment due to its Western creditors in October, Zambia acknowledges that it has serious cash flow problems, but […]

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