The Government of Zambia is set to secure $185.5 million funding from the International Monetary Fund (IMF). This is announced…
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IMF reduces cost of borrowing by 16 percent
The Executive Board of the International Monetary Fund (IMF) on Friday concluded the Review of Charges and the Surcharge Policy,…
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Following forex liberalization Ethiopia set to access IMF’s $345 million
BY YANET FANTAYE WOGAYEHU – As part of the recent four-year US$ 3.4 billion Extended Credit Facility (ECF) arrangement reached…
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Impact of Ethiopia’s IMF-backed forex floating on consumer
BY YANET FANTAYE WOGAYEHU – As Ethiopia grapples with rising inflation and internal conflicts, consumers are closely watching for signs…
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IMF completes credit facility arrangement with Sierra Leone
An International Monetary Fund (IMF) and the Government of Sierra Leone reached a new 38-month Extended Credit Facility (ECF) arrangement,…
Read MoreIMF approves $3.4 billion for Ethiopia
BY YANET FANTAYE WOGAYEHU – The International Monetary Fund (IMF) approved a four-year arrangement under the Extended Credit Facility (ECF)…
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IMF to release $150 million to Tanzania
A team of the International Monetary Fund (IMF), which concluded its visit to Tanzania said it has concluded it review…
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Focus on domestic resource mobilization, inflation – IMF told Africa
By Andualem Sisay Gessesse, Washington DC – In the face of cost of borrowing increasing and official development assistance declining,…
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IMF reflects on Asia economic outlook
By Andualem Sisay Gessesse – Washington DC, USA – On the sidelines of the Spring meetings of the International Monetary…
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IMF set to release $360 million to Ghana
An International Monetary Fund (IMF) staff team, led by Mr. Stéphane Roudet, Mission Chief for Ghana, held meetings in Accra…
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IMF mission discusses Rwanda’s reform progress
A mission of the International Monetary Fund (IMF) discusses Rwanda’s authorities’ policy priorities and progress on reforms within the context…
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IMF disburses $120 million for Uganda
The Executive Board of the International Monetary Fund (IMF) on Monday concluded the fifth review of Uganda’s Extended Credit Facility…
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IMF approves $1.3 billion financing for Côte d’Ivoire
The Executive Board of the International Monetary Fund (IMF) on Friday approved about $1.3 billion as a Resilience and Sustainability…
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Agriculture, remittances recovery to boost Somalia’s economy
Supported by continued recovery in agriculture, remittances, and investment, Somalia economic growth in 2024 is expected to improve by around…
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