Angolan Minister rejects external pressure to reduce fuel subsidy
The Angolan Finance Minister on Thursday rejected any external pressure to reduce the subsidy on fuel, a measure that the International Monetary Fund (IMF) had […]
International monetary Fund
Mozambican government wants to audit about 24 State companies
The Institute for Management of State Holdings (Igepe), the body that manages the State business sector (SEE) in Mozambique, will audit the accounts from 2020 […]
IMF plans to approve 2nd review and financial disbursement to Guinea-Bissau in August
The International Monetary Fund (IMF) expects to approve at the end of August the second evaluation of the support program to Guinea-Bissau, with the disbursement […]
IMF agrees $1 billion loan to cash-strapped Kenya
The International Monetary Fund (IMF) announced on Tuesday that it had reached an agreement for a $1 billion (927 billion euros) loan for Kenya, an […]
IMF forecasts Cape Verde growth at 4.4% and inflation at 5.2% in 2023
The International Monetary Fund (IMF) maintains Tuesday its forecast for GDP growth in Cabo Verde of 4.4% in 2023 and inflation of 5.2%, with a […]
IMF team finds talks with Mozambican authorities “constructive and fruitful
The International Monetary Fund (IMF) team that visited Mozambique last Friday called the talks with the authorities to approve the second review of the financial […]
Angolan economy grows between 1% and 1.5% in 2023 penalized by oil performance
The Angolan economy is expected to grow between 1% and 1.5% in 2023, penalized by the performance of the oil sector, which is expected to […]
Cashew commercialization campaign in Guinea-Bissau has already started
The commercialization campaign for cashew nuts in Guinea-Bissau has already begun and the government has set the reference price for buying the cashew from the […]
São Tomé’s economy faces “serious challenges, says IMF
The International Monetary Fund, IMF, has revealed that the government of Sao Tome will introduce Value Added Tax (VAT) and that the adjustment of fuel […]
Russia expresses readiness to waive Guinea-Bissau debt
Russia has expressed its willingness to cancel Guinea-Bissau’s entire debt, according to a press release from Guinea-Bissau’s Finance Ministry Nicolau, Sal e Boa Vista. According […]