Egypt’s middle class is bearing the brunt of economic reforms backed by the International Monetary Fund (IMF), with many struggling to afford what were once considered…
Browsing: IMF
The International Monetary Fund (IMF) is set to begin its postponed fourth review of Egypt’s 46-month loan programme this week, Prime Minister Mostafa Madbouly confirmed on…
The International Monetary Fund (IMF) announced it has approved $606 million in loans to Kenya as the country tries to pay off its debts and increase…
Kenya’s Supreme Court has reversed an appeal court ruling on Tuesday that had invalidated the 2023 finance law, marking a win for President William Ruto’s government.…
The International Monetary Fund (IMF) has highlighted Nigeria’s heavy debt-servicing obligations, urging the country to adopt innovative revenue mobilisation strategies to alleviate financial strain. Davide Furceri,…
Egypt’s economic growth is expected to rise to 4.0% by the end of June 2025 as austerity measures linked to an International Monetary Fund (IMF) programme…
The International Monetary Fund (IMF) has reported that Nigeria’s local currency, the naira, is showing signs of stabilisation, partly due to recent interest rate hikes. In…
The International Monetary Fund (IMF) has projected that global public debt will reach an unprecedented $100 trillion this year, cautioning that the fiscal outlook for many…
When an African country has a large total outstanding IMF credit, it suggests that the government has borrowed a substantial amount from the International Monetary Fund…
Multiple ex-Malian ministers and high-ranking military officials began facing trial on Tuesday for allegedly embezzling millions of dollars during the acquisition of a presidential jet in…