IMF approves $360M payout to Ghana after second review
Ghana’s central bank expects the funds within two days
IMF approves $360M payout to Ghana after second review Read More »
IMF
Drought dims Zimbabwe’s growth, IMF sees rebound next year
Zimbabwe’s economic growth is expected to slow in 2024 as the country grapples with a severe El Niño-induced drought.
Drought dims Zimbabwe’s growth, IMF sees rebound next year Read More »
Kenya braces for new protests despite presidential concession
Amidst heightened security, including an army vehicle in Nairobi’s central business district, some protest supporters called off their demonstrations following the finance bill’s withdrawal
Kenya braces for new protests despite presidential concession Read More »
IMF closely monitoring situation in Kenya
IMF is committed to working together with Kenya to charter a course towards ‘robust, sustainable and inclusive’ growth, says official
IMF closely monitoring situation in Kenya Read More »
IMF OKs $569M disbursement for Zambia, boosting its aid package
Zambia receives a much-needed boost as the IMF approves funding and increases its aid package to combat a devastating drought.
IMF OKs $569M disbursement for Zambia, boosting its aid package Read More »
Ghana strikes debt relief deal with bondholders
Ghana reaches a crucial agreement with bondholders to restructure $1.3 billion in debt, taking a significant step towards overcoming its financial challenges.
Ghana strikes debt relief deal with bondholders Read More »
Tanzania gets IMF support for climate and economy
The IMF approved $935.6 million for Tanzania to address climate change and support economic recovery through reforms.
Tanzania gets IMF support for climate and economy Read More »
Ghana aims for IMF-approved deal with bondholders on $13B
After securing a deal with official creditors, Ghana reopens talks with bondholders on a sustainable debt solution.
Ghana aims for IMF-approved deal with bondholders on $13B Read More »
IMF loan unlocks $820 million for Egypt’s reforming economy
The IMF greenlights a loan of $820 million for Egypt, conditional on accelerating economic reforms.
IMF loan unlocks $820 million for Egypt’s reforming economy Read More »
Zambia gets IMF lifeline as drought threatens millions
The IMF approved $574 million in emergency aid to support Zambia, facing severe drought and potential food shortages.
Zambia gets IMF lifeline as drought threatens millions Read More »