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Tag: IMF
At Brazil’s G20 summit, IMF aims to get Africa’s unsustainable debt under control
As finance ministers and central bank governors of the G20 convene in Brazil this week (25-26 July), high on the agenda will be the International ... Read More
Africa’s rare earths to boost global supply, adding 9% to market, by 2029 — report
Currently a minor player in the rare earth market, African mines have the potential to supply almost 10% of the world's rare earth elements by ... Read More
IMF approves disbursement of $360 mln to Ghana
The International Monetary Fund gave the greenlight for the disbursement of 360 million dollars to Ghana, after the latter reached an agreement with its creditors ... Read More
Sub-Saharan Africa urged to maximize revenues from critical minerals boom — IMF
The sub-Saharan African region that holds about 30% of the world's proven critical mineral reserves can be transformed if it can take the opportunity to ... Read More
IMF hails resilience of Morocco’s economy to recent shocks
The International Monetary Fund has praised the resilience shown by Moroccan economy to challenging external conditions. Despite water scarcity, the September 2023 earthquake, and country’s ... Read More
IMF sees Morocco’s economic growth at 3.1% in 2024, 3.3% in 2025
The IMF said Morocco’s economic growth would pick up slightly to 3.1% this year and 3.3% next year, forecasting a return of inflation to pre-pandemic ... Read More
IMF gives go-ahead for $8 billion loan to Egypt
The IMF agreed to offer Egypt a loan worth 8 billion dollars under an Extended Fund Facility to support the country’s economic stability. Following its ... Read More
Morocco-IMF cooperation prospects reviewed in Washington
Cooperation prospects between Morocco and the International Monetary Fund, in view of the World Bank and IMF Spring Meetings, scheduled in Washington April 17-19, were ... Read More
Egypt inks ‘historic’ $35bn deal with UAE, hoping to ease dollar squeeze, save economy
Egypt and the United Arab Emirates (UAE) have signed a landmark $35 billion investment deal to develop Ras al-Hekma peninsula on the Mediterranean coast that, ... Read More
IMF highlights resilience of Moroccan economy against external shocks
The IMF welcomed the resilience of the Moroccan economy in 2023 despite external shocks and drought, noting that growth should improve to 3.5% in the ... Read More