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Tag: IMF
IMF praises Chad’s debt restructuring deal
The International Monetary Fund (IMF) Managing Director Kristalina Georgieva hailed Wednesday the progress made in restoring debt sustainability globally including Chad, at a meeting of ... Read More
AfDB warns of 25 African countries facing debt risks, as IMF approves loans to Zambia, Senegal
The rise in cost of debt servicing has led to 25 countries in Africa being at risk of either high debt distress or in-debt distress, ... Read More
Mozambique ‘tuna bond’ case: Credit Suisse loses bid to block UK trial due in October
Credit Suisse has lost its bid to block the lawsuit filed by the Government of Mozambique against the Swiss bank for its role in the ... Read More
IMF vows endorsement to political, institutional reforms in Burkina Faso
The International Monetary Fund (IMF) Monday June 26, threw its support behind the ongoing institutional and political reforms in Burkina Faso, adding that it can ... Read More
IMF Chief Impressed by Morocco’s Economic progress
The Moroccan economy has made remarkable progress and impressive export growth, particularly in industrial sectors such as automotive and renewable energies, said Managing Director of ... Read More
Tunisia refuses to become Europe’s ‘Border Guard’ to curb illegal migration
Nancy Faeser and Gerald Darmanin respectively German and French Interior ministers arrived Sunday in Tunisia for meetings with Tunisian authorities few days after the North ... Read More
Kais Saied to carry out Cabinet reshuffle after July 25 – Ally
Tunisia President Kais Saied will carry out after July 25 a major Cabinet overhaul and will tap into domestic skills, Mahmoud Ben Mabrouk, member of ... Read More
Tunisia warns IMF against red lines as talks for loan continue
Tunisia’s Foreign Minister Nabil Ammar indicated Thursday that the North African country is still in talks with the International Monetary Fund (IMF) for a $1.9-bllion ... Read More
AfDB forecasts 2.3 growth rate for Tunisia over 2023-2024 period
Tunisia will witness a 2.3 per cent economic growth rate in 2023 and 2024, the African Development Bank (AfDB) announced Wednesday, as it presented its ... Read More
IMF $3bn bailout package for Ghana defies Akufo-Addo’s ‘Ghana beyond aid’ policy
Ghana, formerly praised for its stability and good governance, is finally getting some breathing room after Ghanian officials announced last week (18 May) that the ... Read More