Tag: IMF
Somalia To Benefit From $4.5bn Debt Relief From IMF
Somalia is to benefit from a $4.5 billion debt reduction plan with international creditors to service its debt, the International Monetary Fund (IMF) announced...
IMF Board Approves $1.32 bln Resilience Loan For Morocco
The International Monetary Fund's (IMF) executive board on Thursday approved a $1.32 billion, 18-month loan from its new Resilience and Sustainability Facility to help...
IMF board approves $271 mln loan facility for Burundi
The International Monetary Fund's executive board has approved a $271 million Extended Credit Facility for Burundi, with an immediate disbursement of over $62 million,...
Effective implementation and reforms to boost growth – IMF report
A successful African free trade area implementation could unlock major benefits for Africa in terms of income, jobs among other things, a report by...
IMF Predicts Slower Growth for Zimbabwe with 2.5% Growth Rate
The International Monetary Fund (IMF) has released a new forecast that predicts Zimbabwe's economy will grow by only 2.5% this year, which is slower...
IMF supports South Sudan’s dollar ban
The International Monetary Fund (IMF) has supported a move by the South Sudanese government to restrict using the US dollar in local transactions and...
IMF lends Kenya $447 Million to address Debt, Reforms
In bid to boost the Kenya reserves and help with its finances, the International Monetary Fund agreed to lend Kenya about $447 million.
The money...
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