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 […]
International monetary Fund
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 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 […]
Nigeria’s Inflation Rate Drops Following Major Statistical Overhaul
Nigeria’s annual inflation rate dropped significantly to 24.48% in January 2025, following the rebasing and updating of the country’s price index for the first time […]
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 […]
Cameroon hosts CEMAC Summit in difficult economic environment
An extraordinary Summit of the Heads of State of the Central African Economic and Monetary Community (CEMAC) is set to take place on Monday, December […]
Ghana: Opposition candidate John Mahama wins presidential election
In a testament to its tradition of peaceful political transitions, Ghana has elected opposition candidate John Mahama as its new President, with the ruling party’s […]
IMF reaches Staff-Level Agreement to release $251 Million for Ethiopia
The International Monetary Fund (IMF) has reached on November 27 a key agreement with Ethiopia on the second review of its economic aid program, clearing […]