World Pakistan gets draft approval for $1.1 bn IMF payout Islamabad – Pakistan reached a tentative deal to unlock a $1.1 billion tranche of an International Monetary Fund (IMF)... Read more 20 Mar
Business IMF slashes SA’s 2024 economic growth forecast Cape Town – The International Monetary Fund (IMF) has revised down South Africa’s economic growth outlook for 2024 from... Read more 31 Jan
Business IMF grants Kenya new $941m loan Nairobi – The International Monetary Fund said it has granted Kenya a new loan of more than $941 million... Read more 18 Jan
Business Struggling Germany headed for deeper recession, says IMF Frankfurt — Germany will suffer a deeper recession than previously thought, the International Monetary Fund said on Tuesday, predicting... Read more 10 Oct, 2023
Business Africa to get ‘stronger voice’ at IMF – Georgieva Abidjan – Sub-Saharan Africa will have a “stronger voice” at the International Monetary Fund as it will get a... Read more 7 Oct, 2023
Business IMF warns of deepening economic and social challenges in SA Cape Town – The International Monetary Fund (IMF) has released its latest report on South Africa, highlighting the country’s... Read more 7 Jun, 2023
World IMF says Sri Lanka’s economic recovery remains challenging Colombo — Cash-strapped Sri Lanka’s economy showed “tentative signs of improvement” but recovery remains challenging and Colombo must pursue... Read more 2 Jun, 2023
World IMF announces visit to crisis-hit Pakistan Karachi – The IMF will send a team to Pakistan next week to discuss reviving a desperately needed bailout... Read more 27 Jan, 2023
Business Ghana seeks to convince bondholders on debt swap deal Accra – Ghana’s government hopes to convince 80% of local bondholders to sign on to a voluntary domestic debt... Read more 21 Jan, 2023
Business Crisis-hit Egypt’s currency halved in value since March Cairo – The Egyptian pound traded Wednesday at half its value from March after the central bank intervened for... Read more 12 Jan, 2023