Browsing Tag
International Monetary Fund
20 posts
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.
Angola Receives $488 Million IMF Disbursement
Chinese creditors have already granted Angola a three-year debt relief, which will enable the country to get more than $700 million in its next tranche of IMF (International Monetary Fund) financing in the coming days, according to the finance minister Vera Daves.
Mozambique Gets $116 Million COVID-19 Funds From EU
Mozambique is getting $116 million grants from the European Union (EU) to support its budget. This is the…
To Ensure Economic Recovery Africa Needs $1.2tn – IMF
The international Monetary Fund (IMF) says Africa needs $1.2 trillion over the next three years for Africa to…