The IMF has praised Zimbabwe’s economic policy discipline, citing improvements in currency stability and inflation control. The comments came after a two-week IMF mission to Harare, which concluded on Wednesday. The IMF reported that Zimbabwe’s economy is recovering from a 2024 slowdown caused by drought, with growth now forecast at …
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Mr Wale Edun, the Minister of Finance and Coordinating Minister of the Economy, has called for enhanced global support for reforming economies. Edun made the call at the G-24 Ministerial Meeting held on the sidelines of the ongoing 2025 IMF World Bank Spring Meetings in Washington D.C , on Wednesday. …
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GHANA and the IMF have reached a staff-level agreement on the fourth review of the country’s $3bn loan programme, setting the stage for a fresh $370 million disbursement once it gains approval from the Fund’s Executive Board. The agreement, confirmed in an IMF statement on Tuesday and reported by Reuters, represents another step forward …
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THE IMF announced on Monday that it has revised its growth projection for Ghana’s economy in 2024 to 3.1 percent, up from the previous estimate of 2.8 percent. This announcement was made by Stephane Roudet, the IMF mission chief for Ghana, during a joint press briefing with Ghana’s Ministry of …
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THE IMF announced on Thursday that its executive board has approved a funding package for Tanzania amounting to $786.2 million to aid in addressing climate change. Additionally, a separate review has been completed, allowing for the disbursement of $149.4 million for budget support. Commitment to economic reforms The IMF stated …
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The International Monetary Fund (IMF) on Friday gave its backing to the Central Bank of Nigeria (CBN’s) exchange rate unification policy. The policy, which collapsed all exchange rates into the Investors and Exporters (I&E) window, allows market forces to determine exchange rate. The IMF said it stands by and supports …
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Amid the continued tension necessitated by the Russia-Ukraine war and the post-COVID-19 pandemic effect, the International Monetary Fund warned on Sunday that risks to financial stability have increased following the recent sector in the financial industry. Speaking at the China Development Forum in Beijing, IMF Managing Director Kristalina Georgieva said …
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In this article, we shall spotlight 24-Year-old Nigerian changemaker, Chukwuemeka Orukwowu who has demonstrated passion for Africa’s development by championing high-value projects in the past 6 years and counting! Chukwuemeka Orukwowu’s unique journey has attracted meaningful international exposure and global citizenship. He is a leading light in Nigeria’s Social Impact …
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The 2021 edition of the World Bank Group and the International Monetary Fund annual meetings were held virtually, from Monday 11th – Friday 17th October 2021; bringing together top officials from international development organizations – including World Bank and IMF Staff, Government representatives, Chief Executives of Global Corporations, Entrepreneurs, Youth …
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Christine Lagarde Head of the International Monetary Fund (IMF) was on Monday awaiting the verdict in a trial over an arbitration payout made when she was France’s finance minister. Prosecutors in the case have called for her acquittal and her defense lawyers have expressed confidence in the outcome to be …
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