Tag: IMF
the World Bank prioritizes job creation and agriculture
The major meetings of the World Bank (WB) and the International Monetary Fund (IMF) begin this Monday, October 21 in Washington. This annual meeting lasts all week. The opportunity for…
Inflation, Georgieva (IMF): We are in a better position, but we cannot lower our guard
(Finance) – The director of the International Monetary Fund, Kristalina Georgievasaid that despite all the monetary tightening that has been put in place, “we have seen that inflation has remained…
A Russian on the embargo list is appointed to the board of the IMF | News in brief
Ksenia Judaeva is a former deputy governor of Russia’s central bank, who was sanctioned by the United States two months after Russia invaded Ukraine in February 2022. Russia names the…
Ethiopia liberalizes exchange rate regime, gets $3.4 billion in IMF aid
The Central Bank of Ethiopia (NBE) announced on July 29, 2024 a major reform of the exchange rate regime. Thanks to this change in a system that was until now…
Conclusion of an IMF program in the DRC, between key reforms and persistent challenges
At the end of its board meeting on July 3, the IMF concluded its multi-year program started in 2021 with the DRC, by validating the disbursement of the 7th and…
“If you have good growth but your currency is devalued, the situation is untenable”
Kenya has been facing major protests and tensions for the past 10 days. The cause is a controversial finance bill that planned to raise $2.7 billion in taxes that would…
the IMF and the World Bank release their first joint climate loan
The announcement was made this Friday, June 21 in Madagascar. In a joint press release, the World Bank and the International Monetary Fund announced they would release a loan of…
Ghana reaches agreement with its state creditors on part of its debt
New episode of the debt restructuring soap opera, with good news this time: Ghana and its official creditors have reached agreement on the repayment terms. Good news therefore, for this…
IMF: Bank of Canada could improve communication on monetary policy
(Finance) – With inflation continuing to decline and economic activity weak, the Bank of Canada (BoC) has appropriately decided last week to start lowering the rate benchmark, thus becoming the…
International Monetary Fund to provide $120 million in emergency funding
The International Monetary Fund (IMF) announced on April 30, 2024 that it had signed an agreement with the Malian transitional authorities to provide $120 million in emergency funds to the…