IMF

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An International Monetary Fund (IMF) mission  holds discussions with Zambian officials on the thorny issue of debt that has been strangling the country for many months. The two-day visit led by the IMF deputy managing director,…

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The International Monetary Fund has said rising oil prices may lead to high inflation and slow growth across the world. It stated that the rising oil prices may echo the 1970s when geopolitical tensions caused fossil fuel prices to…

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Somalian government has asked the International Monetary Fund, IMF, to extend its financial support by three months to 17th August. In February the IMF warned that Somalia's delayed legislative and presidential elections risked the…

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The International Monetary Fund has reviewed Nigeria’s economic growth potential to 3.4 per cent in 2022 due to the increase in global oil prices The IMF disclosed this in its ‘World Economic Outlook: War Sets Back the Global Recovery,…

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The International Monetary Fund could stop its programme in Somalia in three months if long-postponed national elections encounter fresh delays, a senior official said, as she began a mission to the troubled Horn of Africa nation on…

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The potential expansion of the use of the eNaira to cross-border fund transfers and agency bank networks could lead to new money-laundering and terrorism financing risks. This was disclosed in the International Monetary Fund’s ‘Nigeria…

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International Monetary Fund (IMF) says the Nigerian economy is recovering from a historic downturn benefitting from government policy support, rising oil prices and international financial assistance. IMF disclosed this in a statement…

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Mozambique is on the verge of securing the first loan in five years from the International Monetary Funds. The IMF stated that “discussions will begin next year on an extended credit facility, the first since it suspended the southern…

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The International Monetary Fund's executive board has expressed its full confidence in Managing Director Kristalina Georgieva after reviewing allegations that she pressured World Bank staff to alter data to favor China. But Treasury…

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The International Monetary Fund says it is still building support among members for a proposed Resilience and Sustainability Trust that would allow richer countries to channel their IMF reserves to countries in need, but hopes to see the…