IMF boss to visit Rwanda and Zambia
The International Monetary Fund (IMF) Managing Director Kristalina Georgieva is set to visit Lusaka, Zambia from January 22 to January 24 and Kigali, Rwanda from January 24 to January 26, IMF said.
IMF disburses $447 million budget support to Kenya
Approving over $447 million budget support disbursement to Kenya, the Executive Board of the International Monetary Fund (IMF) today completed the Fourth reviews of the 38-month arrangements under the Extended Credit Facility…
IMF eyes to reach agreement with Ghana on policies, reforms
The International Monetary Fund (IMF) says it hopes to reach an agreement with the Government of Ghana on policies and reforms that could lead to a new lending arrangement.
Uganda improves public investment management, IMF says
Uganda has achieved significant improvements in public investment management over the last few years, says the International Monetary Fund (IMF).
Ethiopia’s Finance Minister meets with IMF Executive Directors
At the sideline of the IMF and World Bank Annual Meetings, the Ethiopian Delegation led by the Minister of Finance Ahmed Shide held meetings with the International Monetary Fund (IMF) Executive Directors…
How Africa can escape chronic food insecurity amid climate change
By Laurent Kemoe, Cedric Okou, Pritha Mitra and Filiz Unsal – The toll of extreme weather events on crops underscores the region’s challenges and need for policies to save lives and protect…
IMF AFRITAC East steering committee completes 24th meeting
Chaired by Mr. Fikadu Digafe, Vice Governor and Chief Economist of the National Bank of Ethiopia, the International Monetary Fund (IMF) AFRITAC East Steering Committee completed a 1.5-day hybrid 24th Steering Committee…
Women can add $12 trillion to global GDP – IMF says
In its new paper released on Friday the International Monetary Fund (IMF) said global GDP could increase by US$12 trillion by 2025 through reducing gender gaps and promoting women’s economic empowerment, such…
Sudan debt relief moves forward
Under a debt relief plan won by advocates in the early 2000s, Sudan could see a drastic cut in its $50 billion debt this summer, according to the IMF and the World…
Ethiopia economy grows 2 percent this year, IMF says
The International Monetary Fund (IMF) forecasts that Ethiopia’s economy will only grow by 2 percent for the current fiscal year began July 8, 2020.
Ethiopia denies intentions to implement debt treatment exercise
The Ministry of Finance of Ethiopia has denied recent press reports of its intentions to implement debt treatment exercise to its public external debt.
Study advices Ethiopia not to rush to banking liberalization
As oppose to the push by the international financial institutions, a new study by the renowned professor of Economics at the Addis Ababa University, Alemayehu Geda advices Ethiopian government to not to…
IMF approves $411 million assistance to Ethiopia
The International Monetary Fund (IMF) Executive Board approves US$411 million in emergency assistance to Ethiopia to address the COVID-19 pandemic.
IMF approves immediate debt service relief for 25 countries
With the aim of helping the poorest countries fight against the spread of COVID-19, the International Monetary Fund (IMF) approved relief on debt service for 25 member countries including 19 in Africa.