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The International Monetary Fund

Nigeria’s GDP shrinks by 2.24 % in Q3 of 2016

November 21, 2016 Steven Addamah 0

Nigeria’s gross domestic product (GDP) contracted by 2.24 percent in the third quarter, the National Bureau of Statistics (NBS) said on Monday. According to the […]

Côte d’Ivoire: Teachers, Civil Servants Start Nationwide Strike

November 8, 2016 Khalid Al Mouahidi 0

Civil servants and teachers in Côte d’Ivoire have announced a 72-hour strike from Tuesday to protest against reduction in pension from 30% to 50% in […]

CAR Economy to Grow by 5% in 2017

November 8, 2016 Geraldine Boechat 0

The economic program of war-torn Central African Republic is broadly on track despite the deterioration of the security environment in the country, said the International […]

Guinea: IMF Approves $25.2 Million Disbursement

November 3, 2016 Steven Addamah 0

The International Monetary Fund (IMF) on Wednesday approved a $25.2 million disbursement for Guinea to help the West African nation revive an economy that was […]

Ethiopian to Head IMF’s Africa Department

September 16, 2016 Geraldine Boechat 0

The International Monetary Fund (IMF) on Thursday appointed Ethiopian Abebe Aemro Selassie as the new head for its African department. Selassie’s appointment was announced in […]

Côte d’Ivoire: USA Lifts 10-Year-Old Economic Sanction

September 15, 2016 Steven Addamah 0

The US government on Tuesday lifted economic sanctions imposed on Côte d’Ivoire in 2006 by the former president Georges Bush, citing advancing democracy in the […]

Egypt requests $7bn assistance from IMF to ‘plug funding gaps’

July 27, 2016 Khalid Al Mouahidi 0

Egypt has officially requested financial assistance from the International Monetary Fund (IMF) to help straighten its ailing economy, the Bretton Wood institution announced on Tuesday. […]

Malawi: Inflation Rate Increases to 22.6% in June

July 25, 2016 Khalid Al Mouahidi 0

The national statistics office of Malawi, on Monday, said the country’s inflation has accelerated to 22.6 percent year-on-year in June from 21.5 percent in May, […]

Equatorial Guinea’s Economic Outlook Remains Depressed – IMF

July 15, 2016 Khalid Al Mouahidi 0

The International Monetary Fund (IMF) on Thursday warned that Equatorial Guinea’s short-term economic outlook remains depressed following a dip in global oil prices. The country […]

IMF Extends Loan Program to Drought-Hit Malawi

June 21, 2016 Geraldine Boechat 0

The International Monetary Fund (IMF) on Monday said it would increase loans to Malawi by $76.8 million, as the southern African country declared a state […]

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