International Monetary Fund
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IMF officially starts process to find new managing director
The International Monetary Fund officially launched the selection process to find the organization’s next leader on Wednesday, with current managing…
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International Monetary Fund commits to fund climate change
The International Monetary Fund (IMF) has committed to putting more funds into a trust that aims to alleviate the effects…
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International Monetary Fund wants Pakistan to tax the rich to protect poor
The International Monetary Fund (IMF) Wednesday advised Pakistan to tax the wealthy in order to provide relief to the poor…
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Argentina uses $775m Qatar loan to repay International Monetary Fund
The Argentine government said it will use a loan from Qatar amounting to $775-million to make a payment to the…
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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 nudges up 2023 economic outlook but warns of slowing global growth ahead
The International Monetary Fund has slightly upgraded its outlook for global growth this year on the back of resilient service…
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Power cuts lessen despite winter fears
Power supplies have stabilized in recent days despite fears of a dark winter, but experts warn its creaking electricity grid…
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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 slightly lifts US 2023 growth forecast
The International Monetary Fund slightly raised its forecast for 2023 US economic growth Friday while noting that a slowing economy…
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IMF issues growth warning as it lowers 2023 forecast
The International Monetary Fund slightly lowered its outlook for the global economy on Tuesday, while predicting that most countries will…
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IMF chief Kristalina Georgieva warns risks to financial stability have increased
International Monetary Fund chief Kristalina Georgieva warned on Sunday that risks to financial stability had increased and stressed “the need…
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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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Sri Lanka bailout conditional on tackling corruption: IMF
Sri Lanka must not allow entrenched corruption to undermine a bailout for its bankrupt economy, the IMF said Tuesday after…
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Pakistan will have to agree to IMF conditions for bailout: PM
Pakistan’s Prime Minister Shehbaz Sharif said Friday that the government would have to agree to IMF bailout conditions that are…
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Ghana suspends part of foreign debt payments
Ghana suspended payments on part of its foreign debt on Monday as the country undertakes debt restructuring in line with…
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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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Tunisia hopes to reach deal with IMF by end of October
Tunisia hopes to reach an agreement with the International Monetary Fund by the end of October, the government’s spokesperson said…
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IMF eyes expanded access to emergency aid for food shocks – Sources
The International Monetary Fund’s executive board, under pressure to provide emergency funding to countries facing war-induced food price shocks, reviewed…
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Argentina economy minister who renegotiated IMF debt resigns
Argentine economy minister Martin Guzman, who led debt renegotiations with the International Monetary Fund, announced his resignation Saturday, sparking fresh…
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Powerful Tunisian union announces national strike in June
Tunisia’s powerful UGTT union on Tuesday called a national strike in June in public services and state firms after the…
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IMF extends Somalia funding following election
The International Monetary Fund has agreed to extend the duration of a crucial aid package to Somalia, a senior official…
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IMF ready to start loan talks with Mozambique in January
The International Monetary Fund said it’s ready to start negotiations with Mozambique about a financing program next month, more than…
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Still no decision on whether IMF chief Kristalina Georgieva keeps her job
The International Monetary Fund said Sunday it still had not decided whether its embattled chief would keep her job, with…
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President Ramaphosa’s leaked ANC lekgotla address hints loan needed for vaccine rollout
President Cyril Ramaphosa has hinted that the country may need to borrow more money to foot the bill for the…
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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…
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International Monetary Fund approves aid for world’s 28 poorest countries
The International Monetary Fund on Monday approved new emergency aid for 28 of the world’s poorest countries to help them…
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International Monetary Fund to consider SA’s loan request
A date has been set by the International Monetary Fund (IMF) to decide on South Africa’s request for financial assistance.…
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President Ramaphosa says R500 billion will be spent by the state to save the economy
His address flows from the recent deliberations he was part of with Cabinet, the National Coronavirus Command Council, the President’s…
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SA has not approached the International Monetary Fund
The International Monetary Fund (IMF) says South Africa has not approached it is for COVID-19 related funding support. There’s been…
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SA should not approach IMF for help – ANC and allies say
South Africa should not approach the International Monetary Fund or World Bank for help, even as it grapples with the…
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Coronavirus in SA: SA may approach IMF for health funding – Tito Mboweni
South Africa may approach the International Monetary Fund and World Bank for funding to fight the coronavirus that threatens to…
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Zimbabwe risks deep humanitarian crisis – IMF warns
Zimbabwe faces a grim economic outlook this year and is also at risk of an extreme humanitarian crisis, the International…
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