Tag: IMF

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IMF says UK is no longer heading for a recession in 2023

The International Monetary Fund no longer expects Britain's economy to fall into a recession this year, it said on Tuesday, praising the steps taken...

Ghana cedi becomes world’s best performer against the dollar over the past six months 

Ghana’s currency has become the world’s best performer against the dollar over the past six months as investors bet the nation is on the...

IMF staff, Senegal reach agreement on $1.9 bln funding package

 International Monetary Fund staff have reached agreement with Senegal on financing facilities totalling about $1.9 billion, the Fund said in a statement. The deal is...

IMF still concerned by banking sector wobbles – chief economist

The International Monetary Fund remains concerned about recent turbulence in the banking sector despite actions by the U.S. and Swiss authorities to deal with...

Growth in Middle East, Central Asia to slow amid global challenges – IMF

 Economic growth in the Middle East, North Africa and Central Asia regions will slow in 2023, underlining the need to accelerate structural reforms, the...

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World Bank’s Banga says more bilateral debt forgiveness needed

World Bank President Ajay Banga said on Thursday (17...

Ghana, creditor panel agree on debt restructuring, paving way for IMF cash

Ghana has finalised a pact with its official creditor...

Nigeria strikes deal with Shell to supply $3.8 billion methanol project

Nigeria has struck a deal for Shell (SHEL.L), opens new...

Africa’s $824 billion debt burden and opaque resource-backed loans hinder its potential, AfDB president warns

Africa's immense economic potential is being undermined by non-transparent...

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