Tag: IMF
World Bank and IMF urge action on COVID-19 vaccine access for developing countries
The World Bank Group and the International Monetary Fund (IMF) on Thursday called on countries anticipating excess vaccine supplies in the coming months to...
Uganda Secures US$1 Billion IMF Credit to Tackle COVID-19 Recovery, Ensure Economic Stability
Uganda would receive a three-year, $1 billion financing package under a staff-level agreement announced by the International Monetary Fund (IMF) on Tuesday.
“The authorities’ reform...
International Community Urged to Invest US$50 Billion to End COVID-19 Pandemic
The International community should invest $50 billion to accelerate the end of the COVID-19 pandemic, leaders of the International Monetary Fund (IMF), the World...
Zambia and IMF reach agreement on macroeconomic parameters
Zambia and the International Monetary Fund (IMF) have reached a broad agreement on the macroeconomic, fiscal targets and policy objectives, a senior government official...
Sub-Saharan Africa’s economy to grow by 3.4 percent in 2021 – IMF
Sub-Saharan Africa's economy is expected to increase by 3.4 percent in 2021, recovering from 1.9 percent contraction witnessed in 2020, the International Monetary Fund...
Ghana is a middle-income country not low-income country-Prof Quartey
The International Monetary Fund’s (IMF) classification of Ghana as a Low-income economy is a narrow way of defining a country’s economic status,...
IMF grants additional interim assistance to Somalia
The International Monetary Fund (IMF) said it has granted additional interim assistance to Somalia under the enhanced Heavily Indebted Poor Countries (HIPC) Initiative of...
IMF revives stalled bailout package for Pakistan
dpa/GNA – The International Monetary Fund (IMF) has approved the release of a 500-million-dollar loan tranche to Pakistan, reviving a bailout package that...
New female leaders in international trade inspire women to enter the game
One week into her new job as the seventh director-general of the World Trade Organization (WTO), Ngozi Okonjo-Iweala's appointment as head of the 26-year-old...
The New Africa!
It is nearing impossibility to discuss and debate the true economic, political and social development of Africa as a whole on the basis the...
Voting for CPP is best value for real change—CPP
Dr Onsy Kwame Nkrumah, First Vice Chairman of the Convention People Party (CPP), says a vote for the Party will bring “real change” in...
NPP: Renewal of mandate not in a vacuum
“We do not ask for the renewal of our mandate in a vacuum. We ask, give us four more years because our Government, has...
IMF to disburse 1 billion dollars to Angola to address Covid-19 crisis
The International Monetary Fund (IMF) on Wednesday said it would disburse 1 billion dollars to Angola to address the impact of the coronavirus pandemic.
The...
Coronavirus fight: Halt discrimination and violence against women and we win
A deadly pandemic hits at an alarming rate and brings untold pain and hardship upon the whole world.
All of a sudden, life came to...
Hospitality industry struggling to survive in the COVID-19 era
The COVID-19 virus has undoubtedly caused irreparable effects worldwide. And in Ghana, the fear of catching the virus has influenced business owners and families...
Castrating just four (4) of Min. Samuel D. Tweah’s LIES – Is he a...
We cannot sit here and allow Min. Samuel D. Tweah to distort the narrative, especially ahead of 2020 and 2023 polls. In just 30...
IMF Conditionalities Contribute to Shortage of Health Workers: Africa Suffers
As I have told my friends for many years, the International Monetary Fund (IMF) is incapable of helping nations grow their economies. I do...
Poor, youth, women hardest hit by pandemic
Workers in food and accommodation, and wholesale and retail trade, are the hardest hit for having the least "teleworkable" jobs, with the poor, the...
World needs more cooperation as global COVID-19 cases top 10 mln
Global confirmed COVID-19 cases topped 10 million on Sunday, with nearly 500,000 deaths worldwide, according to data compiled by the Center for Systems Science...
IMF revises down global economy forecast, warns of record debt levels
The International Monetary Fund (IMF) has revised down its forecast for the global economy amid mounting COVID-19 fallout, warning of record debt levels in...
World Bank agrees to extend budget support to Zambia
The World Bank has agreed to extend its budget support to Zambia once the country gets on a program path with the International Monetary...
IMF to hold video conference sessions on Zambia
The International Monetary Fund (IMF) will conduct a virtual consultative and information exchange for Zambia from June 22 to July 1, a senior government...
Angola to join G20 initiative to suspend debt payments
Angola will join the Group of 20 (G20) Debt Service Suspension Initiative (DSSI), which allows the country to direct funds to combat the impact...
Post-pandemic world needs better globalization, not less
Even at a time when the coronavirus pandemic is sweeping the world, beef from New Zealand, red wine from Chile, and detergent from...
WTO has a leadership vacuum; and Africa may just have the candidate to fill...
The World Trade Organization is at a crossroads and may be facing its most difficult test in its twenty-five-year history after the sudden resignation...
COVID–19: Injects GHS18b into economy to mitigate losses -TUC to government
The Trades Union Congress (TUC) is asking the government to inject about GHS 18 billion into the various sectors of the economy to help...
Africa and IMF Conditionality and the COVID-19 Pandemic
Governments within the African Union are receiving varying responses to requests for financial assistance
African states across the continent have enacted stringent measures aimed at...
IMF approves US$491.5 million to help Uganda address COVID-19 impact
The International Monetary Fund (IMF) said Wednesday its executive board has approved a 491.5-million-U.S.-dollar disbursement to Uganda to address the impact of the COVID-19...
Cameroon’s minister upbeat about COVID-19 response after IMF loan
Cameroon is poised to upgrade its emergency response towards COVID-19 outbreak following the approval of an emergency loan by International Monetary Fund (IMF),...
Ethiopian PM Abiy Ahmed: Debt Cancellation for the World to Survive
May 1, 2020
Ethiopian Prime Minister, Abiy Ahmed, has made an audacious salient call for debt cancellation for low income countries. It was published in...