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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

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...
IMF China Executive Director Jin Zhongxia thanked Giorgieva’s support for China during the coronavirus outbreak and presented her with calligraphy artwork that read, "Spring comes back to Earth.” (Photo: IMF)

IMF managing director expresses support for Wuhan

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By Wu Lejun ,People's Daily app As China faces economic challenges due to the outbreak of the coronavirus, International Monetary Fund (IMF) Managing Director Kristalina...
debt

Pan African think-tank urges Kenya to diversify external debt to boost currency stability

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A pan African think tank on Tuesday urged Kenya to diversify its sources of external debt in order to boost its currency stability. ...
IMF

IMF lauds Somalia’s sustained economic reforms

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The International Monetary Fund (IMF) has lauded Somalia's sustained economic reform progress, bringing Mogadishu closer to debt relief. In a statement issued...

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...
File photo: Ken Ofori-Atta and Dr. Mahamudu Bawumia at Parliament for the 2018 Mid-Year Budget review

International credit rating agency Moody revises Ghana’s economic outlook from stable to positive

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Global credit rating agency Moody has revised Ghana's economic outlook from stable to positive a release received here on Saturday said. The...
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...
IMF

IMF pause global growth projection over surprises

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The International Monetary Fund (IMF) cut global growth projections on Monday, citing negative surprises in a few emerging markets, notably in India, and increased...
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...

Engage social partners on tax exemption bill – TUC

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The Trade Union Congress, Ghana has called for broader consultations especially with social partners on the tax exemption bill before laying it in Parliament...
Debt

11 civil society organizations demand for tough action to deal with Zambia’s debt situation

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Eleven civil society organizations on Monday called more proactive action from government in dealing with the debt problem which is seen as the major...
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...
National Bank of Angola (BNA)

Angola’s central bank prepares new corporate governance rules for 2020

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The National Bank of Angola (BNA) announced Thursday that new corporate governance rules will be in place in 2020 as part of the revision...
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...
Left-Claver Gatet, Rwanda Minister of Infrastructure. Right-Alexy Likacheve, Director General of Rosatrom. Speaking at the Russia-Africa Summit in Sochi.

Nuclear Energy Will Create Jobs and Raise Skill Levels in Africa

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October 27, 2019 The article below from {World Nuclear News}, reports on important agreements with Russia to build nuclear power plants in Africa. Beyond providing...
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...
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...