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Tag: IMF
African govts in fiscal bind amid high interest rates and debt squeeze
With the interest rates likely to stay high in 2024, governments across Africa are presented with a unique challenge and dilemma as they struggle to ... Read More
WB, IMF & Morocco Call for Enhanced Global Action to Build Resilience for Better Future
The World Bank, the International Monetary Fund (IMF) and Morocco have launched a call for enhanced global action on common challenges in a bid to ... Read More
Africa to have stronger voice in IMF, as WB warns African central banks against risky monetary initiatives
The International Monetary Fund (IMF) has announced that sub-Saharan Africa will be allocated a third seat on the global lender's executive board, while the World ... Read More
IMF approves $1.3 Bln for Morocco under Resilience & Sustainability Facility Arrangement
The International Monetary Fund Executive Board has approved a Resilience and Sustainability Facility (RSF) for Morocco worth about $1.3 billion. The arrangement will support Morocco’s ... Read More
Russia invites Tunisia’s top diplomat Nabil Ammar to Moscow to bolster ties
Nabil Ammar, Tunisia’s Foreign Minister, is expected in Moscow on September 26 at the invitation of his Russian counterpart Sergei Lavrov, in a bid to ... Read More
IMF offers Morocco $1.3 bln loan to face climate risks
The International Monetary Fund will lend Morocco $1.3 bln to help the country fend off climate change risks, Morocco’s news agency reported. “The IMF concluded ... Read More
Morocco/Earthquake: India, AU, Paris, WB, IMF & EU Express Solidarity & Pledge Financial Support
India’s Prime Minister Narendra Modi, Chair of the African Union & Pdt. of the Comoros Azali Assoumani, President of France Emmanuel Macron, World Bank Chief ... Read More
IMF warns climate change to exacerbate conflict, war-torn, fragile African states most at risk
Climate change that is already disproportionately affecting war-torn countries threatens to exacerbate conflict in fragile nations across the globe, but most of all in Africa, ... Read More
African central banks’ rigid exchange rate regulation scrutinized by IMF
The International Monetary Fund (IMF) has slammed African central banks for their misguided currency regulation, especially with regard to the ineffective disposal of their foreign ... Read More
DR Congo, UAE sign $1.9bln mining deal
The Democratic Republic of Congo (DRC) and the United Arab Emirates (UAE) have signed a mining deal worth $1.9 billion for which the Gulf country ... Read More