Tag: IMF

IMF commends Morocco for mitigating economic impact of external shocks

January 25, 2023

The IMF highlighted on Jan 24 the “very strong policy response” that Morocco took to mitigate the social and economic impact of the recent negative ... Read More

Egypt: Approval of IMF recommendation for bigger role of private sector

December 30, 2022

Egypt's President Abdel Fattah al-Sisi on Thursday approved a document outlining 62 economic activities the state will withdraw from and turn over to the private ... Read More

Morocco: IMF highlights Central Bank’s transparency practices

December 27, 2022

A mission led by a multidisciplinary team from the International Monetary Fund (IMF) highlighted Bank Al-Maghrib's (BAM) transparency practices. This mission focused on examining the ... Read More

Malawi granted IMF food-shock funding to mitigate impact of global food shortage

November 24, 2022

The International Monetary Fund (IMF) has approved financing to cope with rising global food prices for Malawi, the first low-income nation to receive financing from ... Read More

EU to grant Tunisia €100m to weather pandemic-related impacts

November 14, 2022

The European Union, EU, is set to grant Tunisia €100 million earmarked to help the North African country surf the impacts of the pandemic and ... Read More

AIF 2022 attracts record investment pledges, but fails in solving Africa’s infrastructure paradox

November 8, 2022

This year's African Investment Forum (AIF), the continent’s premier investment platform, attracted a record $63.8bn in investment pledges for infrastructure projects, but experts warn of ... Read More

Protesters in Ghana demand president Akufo-Addo ‘must go’ as inflation worsens

November 8, 2022

Hundreds of Ghanaians took to the streets of the capital Accra on Saturday (5 November) demanding the resignation of President Nana Akufo-Addo whom they blame ... Read More

IMF revises upwards Morocco’s growth forecast to 1.25% in 2022 and 3% in 2023

November 7, 2022

The IMF revised upwards its growth projections for the Moroccan economy to 1.25% in 2022 and 3% in 2023, saying Morocco’s resilient exports, robust remittances ... Read More

Egypt, IMF ink $3bn new loan program deal

October 28, 2022

The International Monetary Fund (IMF) said on Thursday it had agreed a $3 billion Extended Fund Facility (EFF) over 46 months with Egypt, Reuters reports. ... Read More

Egypt, IMF to resume negotiations over new program in November

October 25, 2022

A delegation of the International Monetary Fund (IMF) will visit Egypt in the first week of November to resume talks over a new loan agreement. ... Read More