Ethiopia expects preliminary deal on IMF review within days, finance minister says
Ethiopia expects to reach a preliminary agreement on the third review of its $3.4 billion loan programme with the International ...
Tag: International Monetary Fund (IMF)
Central Africa’s new FX initiative falls short of target, oil industry sources say
Six Central African nations expecting a foreign exchange windfall of billions of dollars from environmental restoration funds set aside by oil firms ...
IMF reaches staff-level agreement set to unlock $441 mln for Tanzania
The International Monetary Fund on Thursday said it had reached a staff-level agreement with Tanzanian authorities that, once approved, would ...
Statue of ex-Ghana President Akufo-Addo destroyed
A statue of Ghana's immediate former President, Nana Akufo-Addo, put up at the end of last year has been destroyed. ...
Zimbabwe seeks debt restructuring to unlock funding and rebuild economy
Zimbabwe's President Emmerson Mnangagwa hosted creditors and finance executives on Monday to discuss plans for clearing the country's $12.7 billion ...
Kenya’s supreme court reinstates 2023 finance law after appeals court nullification
Kenya's Supreme Court overturned an appeals court decision on Tuesday that had nullified the 2023 finance law, a victory for ...
Financial audit forces Senegal to reassess IMF program strategy
The $1.8 billion IMF aid program secured in 2023 is currently frozen. A restructuring of the agreement is now required, ...
IMF says Sierra Leone asks for new $253 mln facility
The International Monetary Fund said on Friday that Sierra Leone had asked for a new 38-month Extended Credit Facility (ECF) ...
Sub-Saharan Africa to gain new IMF board seat on Nov. 1
The International Monetary Fund's board of governors has approved a resolution to add an executive director on the fund's executive ...
Ethiopia to save $4.9 billion after completing debt restructuring exercise
Ethiopia’s State Finance Minister, Eyob Tekalign, said on Friday it expects creditors will agree to restructure $4.9 billion of debt ...
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