Tag: IMF
Pandemic could trigger unrest – IMF
New social unrest could erupt if government measures to mitigate the coronavirus pandemic are seen as insufficient or unfairly favouring the wealthy, the IMF...
Economic costs of Middle East wars exceptionally high – IMF
Armed conflicts in the Middle East and North Africa are not only devastating the economies gripped by fighting, but are sapping growth...
Economic costs of Middle East wars exceptionally high – IMF
Armed conflicts in the Middle East and North Africa are not only devastating the economies gripped by fighting, but are sapping growth...
World Bank postpones Uganda loan over anti-gay law
The World Bank on Thursday postponed a $90 million loan to Uganda's health system over a law that toughened punishment for gays,...
Ghana still mulling new IMF programme – Finmin
Ghana's current pact with the International Monetary Fund (IMF) will end in June this year and the government is still considering whether...
Worries grow over IMF loans to Europe
The prospect of European heavyweights like Italy or Spain turning to the IMF for rescue loans is worrying the United States and...
New Egypt finance minister cautious on IMF loan – statement
Egypt is not ready for a decision on funding from the International Monetary Fund (IMF), the government said on Saturday in a...
Italy’s PM in austerity race, IMF denies in aid talks
Italy's prime minister faces a testing week as he seeks to shore up the country's strained public finances, with an IMF mission...
Italy’s Monti in austerity race as IMF role eyed
Prime Minister Mario Monti faces a testing week seeking to shore up Italy's strained public finances, with an IMF mission expected in...
IMF beefs up lending tools as debt crisis spreads
The IMF beefed up its lending instruments and launched a six-month liquidity line, throwing help to countries with solid policies that may...
EU, IMF to press Greek parties on reform promises
International lenders will press Greece's fractious political parties to give written guarantees that they will back austerity measures under a bailout deal...
Swaziland cash crunch “critical”, AIDS spending hit
A budget crunch in Swaziland, Africa's last absolute monarchy, has reached a "critical stage" with the government struggling to maintain spending on...
IMF renews Afghan ties, approves loan deal
The International Monetary Fund approved a $133.6 million (84.3 million pound) loan programme for Afghanistan marking a fresh start to relations strained...
Poor states have less wiggle room as risks rise: IMF
A sharp slowdown in world growth would increase the risk of recession in poorer countries, whose budgets have barely recovered from the...
Ivory Coast targets debt relief by H2 2012
Ivory Coast is aiming to secure an IMF-backed accord on debt relief in the second half of 2012, Finance Minister Charles Koffi...
Emerging nations should aid euro zone via IMF-Putin
Russian Prime Minister Vladimir Putin said that major emerging economies should provide financial support to the euro zone, fighting a sovereign debt...
IMF sees slower Kenya growth, approves extra funds
The International Monetary Fund trimmed its 2011 growth outlook for Kenya and backed further funds to boost the country's foreign exchange reserves...
Egypt says IMF options open, has not asked for funds
Egypt is open to IMF funding but the country has not made any formal request for aid after turning down a financing...
IMF raises Seychelles 2011 growth f’cast to 5 pct
Seychelles' economy is expected to grow by 5 percent in 2011 and by 4 percent next year as the global economy slows...
Power cuts slow Senegal’s 2011 growth -IMF
The International Monetary Fund has revised down its 2011 economic growth forecast for Senegal to 4 percent, due to the country's power...
IMF upbeat on Africa growth, warns of global risks
The International Monetary Fund said it was still positive about the growth outlook for Sub-Saharan Africa as economies expand output in areas...
African “lions” can still rise: IMF/World Bank
A global downturn may tone down the roar of Africa's bounding "lion" economies, but they can keep a spring in their step...
BRICS offer help to fight economic crisis
Major emerging nations said they may lend money to the International Monetary Fund or other global financial bodies to increase their firepower...
IMF chief urges aid, trade, investment to help poor
The global community can help poor countries weather the current slowdown in the world economy by keeping trade flowing, encouraging investment and...
G8 wants quick Arab Spring transition, eyes reforms
Group of Eight foreign ministers agreed to quickly supply economic and political aid to five Arab governments in return for commitments they...
Italy downgraded, IMF says Europe behind the curve
Standard & Poor's cut Italy's credit rating in a surprise move that increased strains on the debt-stressed euro zone, and the International...
IMF says prepared to aid Libya, Egypt
The International Monetary Fund is prepared to provide external financing to Libya if necessary but does not expect the country to need...
Lagarde: IMF recognises transitional council as Libyan govt
The International Monetary Fund recognises Libya's National Transitional Council as its government and will send a team there as soon as security...
Congo growth strong, more transparency needed – IMF
Democratic Republic of Congo could exceed a forecast 6.5 percent economic growth in 2011 but must do more to increase transparency in...
Swaziland fiscal crisis deepening, IMF says
A fiscal crisis gripping Swaziland, Africa's last absolute monarchy, is deepening despite an emergency US$370 million loan from South Africa earlier this...
Osborne urges new global economic strategy – report
Chancellor George Osborne is recruiting international support for his unyielding stance on deficit cutting, the Financial Times said.
In an editorial article published...
Malawi awaits decision on IMF aid programme revival
Malawi has yet to see whether its decision to devalue the kwacha will enable stalled loan negotiations with the International Monetary Fund...
Strauss-Kahn accuser to file civil suit “soon”
A lawyer for the hotel maid who accused former International Monetary Fund Managing Director Dominique Strauss-Kahn of sexually assaulting her in a...
Ivory Coast says can’t service external debt in 2011
Ivory Coast, which has been in default for more than six months, said it was unable to service on its external debt...
Strauss-Kahn accuser ‘victim of smears’ -brother
The brother of the Guinean woman who accused Dominique Strauss-Kahn of sexual assault said she was the victim of a smear campaign,...
Egypt rejection of IMF cash may slow recovery
Egypt's decision to scrap plans to borrow from the International Monetary Fund may slow an economic recovery, delay a solution to a...
Egypt says will not need IMF, World Bank funds
Egypt will not borrow from the World Bank and International Monetary Fund after revising its budget and cutting the forecast deficit, even...
Afghanistan says will deal with IMF crisis after summer holiday
Afghanistan said it won't be able to address a key International Monetary Fund concern over a looming cash crisis, sparked by a...
IMF cyber attack boosts calls for global action
Governments, multinational corporations and global institutions are losing the battle against computer hackers and must combine their resources if they are to...
Debt relief needed to help Zimbabwe
Zimbabwe's heavy debt burden can only be tackled through international debt forgiveness, according to the International Monetary Fund.
An IMF staff paper published,...
Comoros can start receiving debt relief: IMF, W Bank
Comoros has met conditions to start receiving debt relief under the Heavily Indebted Poor Countries Initiative, the International Monetary Fund (IMF) and...
Europe’s debt crisis could cut African exports: IMF
Failure to deal with Europe's debt crisis could depress sub-Saharan Africa's export earnings and financial flows, undermining the region's recovery from the...
G20 push for IMF voting power deal by November
Group of 20 leaders pledged to push for agreement on greater voting power for emerging economic powers in the International Monetary Fund...
IMF agrees Liberia debt relief, awaits World Bank
Liberia is set to qualify for full debt relief after the International Monetary Fund said the West African country had completed the...
Botswana inflation to rise, cloud on revenues: IMF
Botswana could experience a temporary rise in inflation, while declining mineral and customs receipts might put a squeeze on government revenues, the...
Doubts over global economy resurface as G20 gathers
Leading policymakers expressed concern today about the health of the world economy even as they closed ranks behind the euro zone's efforts...
Rising Africa puts South Africa on the spot
Even by the extended outlook of emerging market investors, a century is a very long time. By that measurement, though, South Africa,...
Angola reassures IMF on debt management reforms
Angola, which is preparing to issue a new bond, has assured the IMF it will implement reforms to improve debt management and...
Seychelles meets IMF program targets: statement
The Seychelles has met all targets under its IMF loan program and its economy is set to expand by 4 percent this...
Liberia sees growth at 7 pct: minister
Liberia's economy will grow 7 percent this year and it hopes for a recovery that will bring jobs and cash after foreign...