Browsing Tag
International Monetary Fund
23 posts
Mozambique, IMF to Discuss First Credit Facility Since $2bln Graft Scandal
The International Monetary Fund will start discussions next month on an extended credit facility with Mozambique, the fund…
IMF Approves $570Million Credit Facility for Chad
The International Monetary Fund approved a three-year extended credit facility worth $570 million for Chad, the Fund said…
IMF Allocates $3.35bn SDRs to Nigeria to Boost Global Liquidity
The International Monetary Fund (IMF) has allocated about $3.35 billion to Nigeria as part of a historic general…
IMF Approves Additional $44m to Sierra Leone, Extends Loan Agreement
The International Monetary Fund has agreed to extend a 43-month, $172 million loan agreement with Sierra Leone by…
Sudan Receives Over $50bn IMF Debt Relief
The International Monetary Fund (IMF) has approved relief of more than $56 billion in debt for Sudan and…
IMF Approves $1 billion ECF Arrangement for Uganda
The International Monetary Fund (IMF) has approved a 36-month arrangement under the Extended Credit Facility (ECF) for Uganda…
IMF Approves $2.34 Billion Kenya Covid-19 Grant
The wait appears to be over for Kenya as the Executive Board of the International Monetary Fund –…
IMF Grants South Sudan $174.2 Million COVID-19 Facility
The International Monetary Fund (IMF) has approved a disbursement of $174.2 million to South Sudan under the Rapid…
Kenya Seeks Debt Service Suspension Extension
Kenya is seeking an extension of the Debt Service Suspension Initiative (DSSI) to June 2022. This will give…
Ghana Owes Bretton Wood Institutions, Others $7.9bn
The debt spiked up in the full year of 2020 due to the covid-19 impact on the economy, which resulted in increased borrowing from the Bretton Wood Institutions, as well as the African Development Fund.