The International Monetary Fund (IMF) has dispatched a team to Kenya for a fact-finding mission amid the fallout from recent protests that led to the suspension…
Browsing: IMF
One of the primary criteria used to assess a country’s economy is the size of the nation’s Gross Domestic Product (GDP), which is the total value…
Central banks play a crucial role in the global economy, primarily by managing a country’s money supply and interest rates. They also regulate and supervise financial…
The Kenya National Bureau of Statistics reported that year-on-year inflation in Kenya dropped to 4.3% in July, down from 4.6% the previous month. This decrease to…
The International Monetary Fund (IMF) forecasts Egypt’s real Gross Domestic Product (GDP) growth at 4% for the financial year 2024/25, with inflation expected to fall below…
The World Bank approved a $1.5 billion financial package for Ethiopia’s economic reform programme after officials relaxed restrictions on the local currency, the Birr. Ethiopia’s departure…
Niger has announced a cut in fuel prices to help bolster its economy, which is still recovering from the aftermath of a political crisis following a…
In a report released Tuesday, the IMF maintained its global growth forecast for 2024 while downgrading forecasts for the United States and Japan, warning of inflation…
The International Monetary Fund (IMF) has revised Nigeria’s real GDP growth for 2024 down to 3.1% from 3.3% in April. This adjustment was disclosed in its…
Tanzania has received £786.2 million from the International Monetary Fund (IMF) to help tackle climate change. The IMF’s executive board approved the amount specifically for Tanzania’s…