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International Monetary Fund (IMF)

Sub-Saharan Africa’s economy to grow by 3.4 percent in 2021 – IMF

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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...
Uganda Map

Uganda focuses on debt management, economic recovery from COVID-19 impact

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Uganda is going to concentrate on debt management and economic recovery over the next four financial years as the country faces the socio-economic stress...
COVID-19 vaccine

IMF official warns lack of vaccination in low-income economies hurts all

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It is important for low-income and emerging economies to have more access to COVID-19 vaccination, an International Monetary Fund official has said.
Professor Peter Quartey

Ghana is a middle-income country not low-income country-Prof Quartey

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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 official deems global vaccination highest return public investment project

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International Monetary Fund (IMF) official urges policymakers to give a fair shot at vaccination to all people across the globe.
IMF

IMF official deems global vaccination highest return public investment project

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Widespread vaccination is probably the highest return global public investment project ever, an International Monetary Fund (IMF) official has said, urging policymakers to give...
2021 Spring Meetings

Economic Recovery: Full Conversation with David Malpass, Kristalina Georgieva, and Janet Yellen

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David Malpass, President, World Bank Group; Kristalina Georgieva, Managing Director, International Monetary Fund; and Janet Yellen, U.S. Secretary of the Treasury World Bank Group-International...
International Monetary Fund (IMF)

IMF grants additional interim assistance to Somalia

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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

IMF revives stalled bailout package for Pakistan

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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...
Dr Ngozi Okonjo Iweala

New female leaders in international trade inspire women to enter the game

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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...
IMF

COVID-19: African ministers meet UNECA and IMF Bosses

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African ministers in charge of finance have met with the UN Economic Commission for Africa (UNECA) Executive Secretary, Vera Songwe, and the Managing Director...
domestic bond

We’ve been able to stabilize the economy – Akufo-Addo

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President Nana Addo Dankwa Akufo-Addo on Tuesady said the government has been able to stabilize the economy, exit the International Monetary Fund (IMF) programme,...
Mapping Africa

The New Africa!

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  It is nearing impossibility to discuss and debate the true economic, political and social development of Africa as a whole on the basis the...
Edgar Lungu

Zambian leader hold talks with IMF official

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Zambian President Edgar Lungu on Tuesday held talks with a top official from the International Monetary Fund (IMF). The Zambian leader met...
Dr Onsy Nathan Kwame Nkrumah

Voting for CPP is best value for real change—CPP

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Dr Onsy Kwame Nkrumah, First Vice Chairman of the Convention People Party (CPP), says a vote for the Party will bring “real change” in...
Vote

Voter apathy to triumph in Egypt’s parliamentary elections

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Egypt is set to hold its parliamentary polls later this month to elect 568 lawmakers for a five-year term, more than two months after...
imf

IMF to disburse 1 billion dollars to Angola to address Covid-19 crisis

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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...
Joseph Kobla Wemakor

Coronavirus fight: Halt discrimination and violence against women and we win

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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

Hospitality industry struggling to survive in the COVID-19 era

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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...
imf

Cameroonian PM appeals for more sustained COVID-19 funding for African countries

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Cameroonian Prime Minister Joseph Dion Ngute on Thursday appealed for "more sustained" funding from the International Monetary Fund (IMF) and World Bank to support...
Mr Ken Ofori Atta

Parliament readies for mid-year budget review

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Mr Ken Ofori-Atta, the Finance Minister, will shortly deliver the mid-year budget review and supplementary estimates to Parliament. The Minister...
imf and word bank

IMF Conditionalities Contribute to Shortage of Health Workers: Africa Suffers

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As I have told my friends for many years, the International Monetary Fund (IMF) is incapable of helping nations grow their economies. I do...
Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), delivers a speech in Washington D.C., the United States, Oct. 8, 2019. (Xinhua/Liu Jie)

IMF Boss urges G20 policymakers to support transformational change amid COVID-19 pandemic

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The International Monetary Fund (IMF) Managing Director Kristalina Georgieva on Saturday called on the Group of Twenty (G20) countries to prepare for and support...
imf

Poor, youth, women hardest hit by pandemic

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Workers in food and accommodation, and wholesale and retail trade, are the hardest hit for having the least "teleworkable" jobs, with the poor, the...
British economy

British economy likely to take longer to recover

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As the International Monetary Fund predicted a 10.2-percent contraction of Britain's economy in 2020, gloomier than its previously projected contraction of 6.5 percent, economic...
Covid Medical Supplies

World needs more cooperation as global COVID-19 cases top 10 mln

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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

IMF revises down global economy forecast, warns of record debt levels

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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 building at Washington

World Bank agrees to extend budget support to Zambia

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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

IMF to hold video conference sessions on Zambia

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The International Monetary Fund (IMF) will conduct a virtual consultative and information exchange for Zambia from June 22 to July 1, a senior government...
world bank

World Bank projects global economy to shrink by 5.2 percent in 2020

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The global economy is on track to shrink by 5.2 percent this year amid the COVID-19 pandemic, the deepest recession since the Second World...