IMF
- South Africa News
IMF expects global growth to settle at 3%
The International Monetary Fund is expecting global growth to settle at 3% for 2023. However, for South Africa, growth is…
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IMF predicts near zero growth for SA economy
The International Monetary Fund expects South Africa’s economy to show almost no growth this year. It projects a total growth…
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IMF warns South Africa economy risks stagnation
South Africa’s growth is set to decelerate sharply this year due to power cuts and the economy risks stagnation, the…
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IMF approves three billion US dollar support for Egypt
The International Monetary Fund (IMF) executive board has approved a 46-month three billion US-dollar financial support package for Egypt, saying…
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IMF reaches deal with Malawi for $88m emergency funding
The IMF said that it reached a staff-level agreement with Malawi for up to $88.3-million in emergency funding to tackle…
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IMF expects to cut global growth forecast due to Ukraine war
The IMF expects to cut its global growth estimate due to the economic damage caused by Russia’s invasion of Ukraine,…
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IMF warns more funding needed to safeguard global economy
Warning that the recovery from the pandemic is not over, the IMF on Thursday called on policymakers to continue to…
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22 African Countries to Receive International Monetary Fund Emergency Aid
Three Central African countries are among 28 of the world’s poorest countries that are expected to receive emergency aid approved…
Read More » - Covid-19 Updates
Africa needs two-year debt standstill due to the impact of the COVID-19 pandemic
President Cyril Ramaphosa said that African countries need a two-year debt standstill due to the impact of the COVID-19 pandemic,…
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The International Monetary Fund gives Mozambique $118.2 million
The International Monetary Fund (IMF) has granted Mozambique a $118.2 million credit facility to help it rebuild infrastructure. This is…
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