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IMF

IMF forecasts 0.8 percent growth for Zimbabwe in 2020

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The International Monetary Fund (IMF) on Wednesday projected a 0.8 percent growth for Zimbabwe's economy 2020, much lower than a 3 percent forecast by...

Three remanded over robbery

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Mohammed Buzu, a 29-year-old trader on Wednesday appeared before an Accra Circuit Court for allegedly pulling a machete on the Country Director of...
IMF

Argentina and IMF say their talks on new debt agreement “fruitful”

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Argentina and the International Monetary Fund (IMF) announced Saturday that progress has been made in their talks about a new agreement to address the...
chinese economy

IMF expects China’s economy to return to normal in second quarter

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International Monetary Fund (IMF) Managing Director Kristalina Georgieva said here on Saturday that she expects China's economy to "return to normal in the second...
Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), delivers a speech in Washington D.C., the United States, Oct. 8, 2019. (Xinhua/Liu Jie)

IMF chief urges G20 economies to take further actions on trade, climate, inequality

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International Monetary Fund (IMF) Managing Director Kristalina Georgieva on Wednesday urged the Group of 20 (G20) economies to take further actions to reduce uncertainties. ...
imf

IMF and Moroccan officials discuss preparation of 2021 annual meetings in Marrakech

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Officials from the International Monetary Fund (IMF) and Morocco held talks on Wednesday in Rabat on the preparations for the annual meetings of the...
imf

Tanzania and IMF to discuss new policy support instrument

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The government of Tanzania will meet a team of experts from the International Monetary Fund (IMF) to discuss a new policy support instrument (PSI),...
debt

IMF, World Bank say Somalia is eligible to debt relief

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The International Monetary Fund (IMF) and the World Bank have resolved that Somalia is now eligible to receive debt forgiveness under a special program...
IMF

Lebanon to ask IMF for technical assistance to restructure debt

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Lebanon will officially ask for the technical support from the International Monetary Fund to restructure its debt, LBCI local TV channel reported Wednesday. ...
IMF

Low-income economies should be wary of debt problems – IMF

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Low-income economies should be vigilant about debt problems, work with investors to improve transparency on debt and strike a balance between promoting investment and...
IMF

Mozambique recovering after cyclones Idai and Kenneth – IMF

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The International Monetary Fund (IMF) said on Monday that Mozambique is recovering well from the devastating impact of cyclones Idai and Kenneth that battered...

Shirley Ayorkor Botchwey pays courtesy call on Prince Alwaleed

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Madam Shirley Ayorkor Botchwey, Minister of Foreign Affairs and Regional Integration, has paid a courtesy call on Prince Al-Waleed bin Talal bin Abdulaziz al...
IMF

Lebanon needs IMF’s technical assistance

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Local economists agree on Lebanon's need to seek technical support from the International Monetary Fund (IMF) without resorting to financial help from the international...
Oil drilling in WCTP block 2

Oil prices decline amid concerns over weaker demand

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Oil prices fell on Tuesday as traders worried about a global economic slowdown, which could weaken energy demand. The West Texas Intermediate...
China and US sign phase one trade deal

China-U.S. trade deal to reduce global uncertainty – Kristalina Georgieva

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The newly signed China-U.S. phase-one trade deal will reduce the uncertainty that has impeded global economic growth, International Monetary Fund (IMF) Managing Director Kristalina...
IMF

IMF approves financial plan for Somalian debt relief

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The International Monetary Fund (IMF) said its board has approved a financing plan that will help mobilize the resources needed for the IMF to...
IMF

Botswana economy to slow to 3.5 percent in 2019 – IMF

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International Monetary Fund (IMF) has indicated that Botswana's economy is expected to record a fall this year, but will recover next year. ...

The year 2019 has been good for Ghana – Ken Ofori Atta

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Mr Ken Ofori-Atta, the Minister of Finance, on Wednesday said the year 2019 has been “a very good year for Ghana,” evidenced by the...
IMF

IMF says Sub-Saharan Africa growth to pick up to 3.6 percent in 2020

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The growth in sub-Saharan Africa is projected to rise to 3.6 percent in 2020 from 3.2 percent in 2019, according to the 2019 Regional...
International Monetary Fund (IMF)

IMF praises Kenya on supported battle against corruption

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The International Monetary Fund (IMF) director for African Department, Abebe Selassie, on Monday commended President Uhuru Kenyatta for spearheading the war against corruption, saying...
Trade

Trade tensions could cut global GDP by US$700 billion – Kristalina Georgieva

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Trade disputes are taking a toll on global economy, substantially weakening manufacturing activity and investment and holding back economic potential, Kristalina Georgieva, the new...

Christine Lagarde’s ECB appointment would benefit markets: deVere CEO

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Christine Lagarde will be a good choice for financial markets as the President of the European Central Bank, affirms the CEO of one of...
imf

South Africa’s fiscal deficit set to worsen

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South Africa's fiscal deficit is set to worsen primarily due to the country's growth outlook, which will put additional pressure on debt levels, the...
Mr. Tony Elumelu

Provide alternatives, Elumelu responds to IMF on China loan

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Mr. Tony Elumelu, chairman of Heir Holdings, has reacted to International Monetary Fund (IMF), warning to Nigeria to be weary of China loan, urging...
Christine Lagarde

IMF proposes global Corporate taxation restructuring to help small nations

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Global corporate taxation requires an urgent reform, as low-income countries are losing significant amounts of revenue due to tax competition and profit-shifting, the International...
imf

Ghana’s Banking Sector Reforms Highly Commended by IMF

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The International Monetary Fund Executive Board has lauded authorities for strengthening the banking sector and resolving issues involving nine banks. ...
International Monetary Fund (IMF)

Executive Board of IMF concludes on Ghana’s EFC Review

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The Executive Board of the International Monetary Fund (IMF) has completed the seventh and eight reviews under the Extended Credit Facility (ECF) supported arrangement...
IMF

IMF Says Ghana’s Macroeconomic Position is Far Better

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Dr Albert Tourna Mama, Ghana’s Resident Representative at the International Monetary Fund (IMF), says Ghana’s macroeconomic outlook is now better than five years ago...
IMF and World Bank Leaders

IMF and World Bank Leaders Discuss Women Empowerment

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International Monetary Fund (IMF) Managing Director Christine Lagarde and World Bank Group Interim President Kristalina Georgieva have encouraged female economists to break the glass...
imf

IMF hails Ghana’s recent economic performance

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The International Monetary Fund (IMF) Staff has concluded discussions on the Combined Seventh and Eighth Reviews of Ghana’s extended Credit Facility Program. The Ghanaian...