Category Archives: IMF

Is IMF Austerity at Fault in Ebola Epidemic?

By Staff Reporter Did the International Monetary Fund contribute to the West African Ebola crisis by requiring too much budget belt-tighteni [...]

Zimbabwe to run of out of cash to sustain Trade Deficit

By Staff Reporter Bankers Association of Zimbabwe (Baz) has warned that Zimbabwe will soon run out of money to sustain imports. IMF recently [...]

IMF APPROVES US$5 BILLION FOR MOROCCO

By Staff Reporter The International Monetary Fund (IMF) has approved a new 24-month arrangement for Morocco amounting to five billion US dol [...]

Zimbabwe missed key SMP targets but progress satisfactory-IMF

By Staff Reporter A staff-monitored program is an informal and flexible instrument for dialogue between the Fund staff and a member country [...]

Zimbabwean economy shedding 400 jobs every month

By Staff Reporter In 2010 economy was growing at near 11% but in 2014 the figures have been downgraded to 0.3%. IMF is worried that Harare m [...]

Zimbabwean-owned banks ditch Zanu PF Indigenisation policy

By Staff Reporter Banks owned by Zimbabwean are facing serious cash crisis and are prepared to defy Zanu PF Indigenisation policy on foreign [...]

IMF visit paints a VERY “bleak”economic outlook in Zimbabwe

By Staff Reporter Summary On June 18, 2014, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultati [...]

IMF to Appoint its First Country Head for Zimbabwe in a Decade

By Staff Reporter Save The International Monetary Fund is appointing a resident representative in Zimbabwe for the first time in 10 year [...]

Zambia economic growth projected at 6.5% in 2014-IMF

By Staff Reporter An International Monetary Fund (IMF) team led by Byung Jang visited Lusaka during May 27–June 6 to review economic devel [...]

IMF approves $75.2 million disbursement to Côte d’Ivoire

By Staff Reporter Summary The Executive Board of the International Monetary Fund (IMF) today completed the fifth review of Côte d’Ivoire [...]

Benin-Real GDP growth rises to 5½ percent in 2014 for the third consecutive year

By Staff Reporter EXECUTIVE SUMMARY This last review of Benin’s ECF arrangement confirms the improved growth performance during the progra [...]

AfDB convenes Zimbabwe debt solution in September

AFDB PRESIDENT, DONALD KABERUKA The African Development Bank (AfDB) will in September convene a debt resolution forum for Zimbabwe, as the s [...]

Mozambique’s strong growth performance and low inflation are commendable-IMF

By Staff Reporter The Executive Board of the International Monetary Fund (IMF) completed today the second review of Mozambique’s economic [...]

Nigeria enjoys non oil growth-IMF

By Staff Reporter IMF Worries: Despite recent strong non-oil growth, Poverty and income inequality remain high Social and governance indicat [...]

Chad has become a beacon of political stability-IMF

By Staff Report IMF Staff Monitored Program report  Chad is a fragile country with weak institutional and policy capacity, Chad is facing a [...]

IMF concludes Article IV talks with Mauritius

IMF Executive Board Concludes 2014 Article IV Consultation with Mauritius Press Release No. 14/176 April 23, 2014On April, 21, 2014, the Exe [...]

IMF refuses to bail Zimbabwe until there is a repayment plan for national debt arrears

By Kelvin Mupungu International Monetary Fund (IMF) staff mission, led by Mr. Alfredo Cuevas, met with the Zimbabwean authorities in Harare [...]

London MET Police investigating Zimbabwe officials for money laundering involving diamond revenues

By Staff Reporter Zanu PF and government officials have been accused of siphoning diamond revenues to offshore accounts The former Mining mi [...]

IMF urges more transparency in Mozambique economy as growth is expected at 8% in 2014

By Staff Reporter   A staff team from the International Monetary Fund, led by Doris Ross, visited Mozambique during February 26- March [...]

Fiscal deficit rising in Mauritius-IMF delagation

Summary by Kelvin Mupungu Port Louis, Mauritius                 An International Monetary Fund (IMF) [...]

Effectiveness of monetary policy in Algeria

By Staff Reporter   Algiers,Algeria     IMF staff have released a report which explores the monetary policy transmission chan [...]

Sudan youths protest at IMF

By Patrick Smith The protests are the country’s most serious in two  decades. Photo©Reuters The Sudanese government‘s quest for po [...]

Mozambique economy grows despite Renamo threats-IMF

                          Maputo,Mozambique Summary by Kelvin Mupungu The [...]

Zimbabwe in ‘dire state’ under Robert Mugabe, says former PM

In an interview, Morgan Tsvangirai criticizes the president for his racial policies and cronyism. But the main opposition leader is himself [...]

Breaking News-IMF snubs Zimbabwe

By Kelvin Mupungu Harare, Zimbabwe Financial snub on Harare continues  IMF In a statement released yesterday , IMF has approved an extensio [...]

A year on Mali displaced scared to go back

Mali The internally displaced don’t believe that Mali is now at peace A girl whose family was displaced from Timbuktu in northern Mali [...]

IMF’s Lagarde visits Mali

Mali at the Dawn of the New Year: From Crisis to Recovery   The full speech By Christine Lagarde Economic, Social and Cultural CouncilI [...]

Kenya at the Economic Frontier: Challenges and Opportunities-Lagarde Full Speech

Nairobi,Kenya Summary by Kelvin Mupungu IMF Managing Director Christine Lagarde has been visiting East Africa nation of Kenya. In her unedi [...]

New Pacts Ease Path Toward East African Single Currency-IMF

Cargo loads in Zanzibar, Tanzania: regional pact allows free movement of goods, labor, services, capital (photo: Guido Rossi/ZUMA Press/News [...]

Breaking News-IMF Managing Director Lagarde to Visit Kenya

  Ms. Christine Lagarde, Managing Director of the International Monetary Fund (IMF), will visit Kenya from January 5–8, 2014, to meet wit [...]
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