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International monetary Fund

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 […]

Senegal: National revenue records a surplus of 560 billion CFA

September 29, 2017 Geraldine Boechat 0

Senegal’s economy has recorded a revenue surplus of over 560 billion CFA, data from the West African nation’s office of economic planning, policies and finance […]

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 […]

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 […]

IMF team to visit DR Congo as economic crisis deepens

May 12, 2017 Geraldine Boechat 0

International Monetary Fund Managing Director, Christine Lagarde on Thursday proposed a visit of IMF officials in Democratic Republic of Congo to check the state of […]

Ivory Coast to reduce 2017 Budget on low cocoa prices

April 20, 2017 Khalid Al Mouahidi 0

Ivorian President Alassane Ouattara on Wednesday announced plans to cut the 2017 budget of the west-African nation by 10 percent due to a sharp drop […]

Tunisia: Economy expected to recover in 2017 – PM

April 18, 2017 Geraldine Boechat 0

Tunisia’s Prime Minister Youssef Chahed on Sunday indicated that the economy will start to regain growth in 2017 as the North African Nation revived its […]

Zimbabwe Misses 2016 Revenue Target

January 19, 2017 Steven Addamah 0

Zimbabwe’s tax agency ZIMRA on Thursday said it missed the 2016 revenue target by 4 percent as weak global commodity prices hit mineral royalties in […]

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