Discussions are at an advance stage between Egypt and the International Monetary Fund on securing additional financial help, according to Egypt’s Planning Minister, Hala Saeed. Saeed…
Browsing: International Monetary Fund
The International Monetary Fund has raised Kenya’s risk of debt distress to high from moderate due to the impact of the coronavirus crisis, reporting that the…
The International Monetary Fund’s executive board has approved Egypt’s request for $2.77 billion in emergency financing as it looks to help the Egyptian government meet urgent…
Egypt’s foreign reserves dropped by a further $3.07 billion in April as investors pulled cash from emerging markets. The country’s central bank says this has put…
The International Monetary Fund has approved $739 million in emergency financing to cushion Kenya from economic shocks owing to the novel Coronavirus pandemic. The IMF adds…
Uganda will receive an emergency loan worth $491.5 million from the International Monetary Fund. The country needs the funds to help cushion its economy from the…
The International Monetary Fund (IMF) has approved a loan of $226 million for Cameroon. The funds will help the country meet an urgent balance of payment…
The International Monetary Fund has approved $411 million in emergency funding to Ethiopia to ease the negative economic effects and fallout from the coronavirus outbreak. According to an emailed statement,…
Madagascar, the world’s biggest producer of vanilla, is seeking about $17 billion in aid and investment to help finance improvements in its power, mining and tourism…
The International Monetary Fund’s Executive Board has approved a three-year $2.9 billion financing package to support Ethiopia’s economic reform programme. The IMF explains in a statement…