The executive board of the International Monetary Fund (IMF) has concluded the third review of Mozambique’s three-year loan program, resulting in an immediate disbursement of $60.7 million to Maputo. With…
Browsing: IMF
Ghana has come to an agreement with the International Monetary Fund on the terms for a second payment of $600 million out of its $3-billion credit deal. In a statement…
IMF: In an IMF blog posted yesterday, the Fund noted that climate change poses ‘grave threats to countries across Africa – but especially fragile and conflict-affected states’. The Fund noted that…
The International Monetary Fund (IMF) expects South Africa’s economy to grow by 5% in 2021, reflecting a better-than-expected growth in the year’s first half. In its latest regional outlook for…
Nkosi Mfumu, a Zambia-based legal and foreign policy expert explains why Zambia needs to address some structural and other issues holding it back from realising its true potential.
The ticking debt bomb in Africa threatens a global explosion
Fund cites Zambia’s higher public debt which is on an unsustainable path as reasons for rejecting the country’s request
Disbursement falls under the Rapid Credit Facility and Purchase under the Rapid Financing Instrument
Africa’s most advanced economy is talking to several multilateral lenders including the BRICS bank.
Zambia along with Burundi, Zimbabwe, Republic of Congo and Cote d’Ivoire are some of the African countries that have missed out on the COVID-19 debt relief
