Home Tags International Monetary Fund

Tag: International Monetary Fund

Daniel D. Bradlow’s thoughts …Deterring the debt vultures in Africa

 COVID-19 is creating Sub-Saharan Africa’s worst social and economic crisis since World War II. The region’s economy is set to contract by 1.6% in...

John Prendergast’s thoughts: Killer corruption

COVID-19 is a ticking time-bomb in Africa. Some of the risks are widely documented. Health-care systems are weak and overburdened, with ten African countries...

Jayati Ghosh’s thoughts …Messages from “Fiscal Space”

Among the many inequalities revealed by the COVID-19 pandemic, one of the most striking is the dramatic divergence in governments’ fiscal responses. Economic activity...

Why do some banks record high NPLs?

Lenders grant loans to borrowers under agreed repayment conditions or terms. Whenever the borrowers default in the repayment of loan for a period of...

IMF approves US$739m in emergency pandemic relief funds for Kenya

The International Monetary Fund on Wednesday said its executive board has approved $739 million in emergency financing to help Kenya respond to the economic...

Nigeria’s oil and gas exports to drop by $26.5 bln –...

Nigeria’s oil and gas exports are expected to decline by at least $26.5 billion as the novel coronavirus batters international prices and cuts fuel...

19 African countries benefit from IMF’s COVID-19 debt relief programme

The International Monetary Fund (IMF) Executive Board has approved an immediate debt service relief to 25, including 19 African countries, of the IMF’s member...

Worst economic crisis since 1930s depression- IMF

The coronavirus pandemic will turn global economic growth "sharply negative" this year, the head of the International Monetary Fund (IMF) has warned. Kristalina Georgieva said...

IMF says coronavirus to hit sub-Saharan Africa’s growth hard

The spread of the coronavirus into sub-Saharan Africa will hit the region's growth hard, with direct disruptions to people's livelihoods, tighter financial conditions, reduced...

Boost domestic revenue before joining AfCFTA -IMF

The International Monetary Fund (IMF) has cautioned African governments to develop policies that would boost domestic revenue mobilisation before they enter the African Continental...

MOST POPULAR