Browsing Tag

IMF

IMF reaches staff-level deal with Ivory Coast


Deprecated: preg_split(): Passing null to parameter #3 ($limit) of type int is deprecated in /home/vongov/public_html/wp-content/themes/publisher/includes/libs/bs-theme-core/theme-helpers/template-helpers.php on line 767
The International Monetary Fund has says its staff reached agreement with authorities from Ivory Coast on a review of two lending programs, which will pave the way for disbursement of $574 million, once approved by the IMF's executive…

IMF hope for speedy resolution in Senegal to ensure stability


Deprecated: preg_split(): Passing null to parameter #3 ($limit) of type int is deprecated in /home/vongov/public_html/wp-content/themes/publisher/includes/libs/bs-theme-core/theme-helpers/template-helpers.php on line 767
The International Monetary Fund is actively monitoring the situation in Senegal and hopes for a "speedy resolution" to ensure continued stability in the country, IMF spokesperson Julie Kozack said. The postponement of Senegal's…

Kenya wins $941 million IMF loan boost


Deprecated: preg_split(): Passing null to parameter #3 ($limit) of type int is deprecated in /home/vongov/public_html/wp-content/themes/publisher/includes/libs/bs-theme-core/theme-helpers/template-helpers.php on line 767
The International Monetary Fund (IMF) has approved a $941 million lending boost to Kenya, with an immediate disbursement of $624.5 million, offering some relief to the East African country as it battles financial pressures. The…

Somalia to benefit from $4.5bn debt relief -IMF


Deprecated: preg_split(): Passing null to parameter #3 ($limit) of type int is deprecated in /home/vongov/public_html/wp-content/themes/publisher/includes/libs/bs-theme-core/theme-helpers/template-helpers.php on line 767
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 in a statement on Wednesday. "Somalia's debt relief process is the result of…

Inflation to slow Nigeria’s economic growth to 2.9%- IMF


Deprecated: preg_split(): Passing null to parameter #3 ($limit) of type int is deprecated in /home/vongov/public_html/wp-content/themes/publisher/includes/libs/bs-theme-core/theme-helpers/template-helpers.php on line 767
The International Monetary Fund, IMF, has predicted Inflation will slow Nigeria’s economic growth to 2.9 per cent in 2023. READ ALSO: Nigerian Government To Repay $3.4bn IMF Loan In 2027 It also downgraded the country’s economic…

Pakistan, IMF reach crucial $3 billion bailout deal


Deprecated: preg_split(): Passing null to parameter #3 ($limit) of type int is deprecated in /home/vongov/public_html/wp-content/themes/publisher/includes/libs/bs-theme-core/theme-helpers/template-helpers.php on line 767
The International Monetary Fund (IMF) says it has reached staff-level pact with Pakistan on a $3 billion short-term financial aid. The deal, subject to approval by the IMF board in July, came hours before the current agreement with the…

Tunisia: Washington backs IMF aid


Deprecated: preg_split(): Passing null to parameter #3 ($limit) of type int is deprecated in /home/vongov/public_html/wp-content/themes/publisher/includes/libs/bs-theme-core/theme-helpers/template-helpers.php on line 767
The head of US diplomacy Antony Blinken called on Tunisia, a country strangled by debt and grappling with migration issues, to accept an IMF reform plan in order to avoid economic collapse. "It is clear that Tunisia needs more help if it…

Argentina VP slams IMF debt program


Deprecated: preg_split(): Passing null to parameter #3 ($limit) of type int is deprecated in /home/vongov/public_html/wp-content/themes/publisher/includes/libs/bs-theme-core/theme-helpers/template-helpers.php on line 767
Argentine Vice President Cristina Fernandez de Kirchner has slammed the International Monetary Fund (IMF) debt program for holding back the country's economy. Fernandez de Kirchner, speaking at an event commemorating Revolution Day in…

IMF warns foreign loans to African nations may decline


Deprecated: preg_split(): Passing null to parameter #3 ($limit) of type int is deprecated in /home/vongov/public_html/wp-content/themes/publisher/includes/libs/bs-theme-core/theme-helpers/template-helpers.php on line 767
The International Monetary Fund has warned that a significant reduction in foreign loans to Nigeria and other African nations is imminent as the global economy continues to experience new shocks and contractions. The IMF Deputy Divisional…