IMF
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Finance
Cedi stability expected by the end of year due to tourist influx, IMF support
The cedi is expected to maintain its recent stability, buoyed by the anticipated influx of foreign exchange (FX) from expected…
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Finance
Ghana to receive fourth tranche of US$360 million from IMF in December
Ghana is expected to receive an additional US$360 million from the IMF, with the Bank’s Executive Board set to review…
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News Africa
Reforms in Nigeria not working – IMF report
The International Monetary Fund (IMF) has reported that the economic reforms initiated by Nigeria’s federal government have yet to yield significant…
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News Africa
Nigeria’s debt to China, World Bank, IMF skyrockets
As of June 2024, Nigeria’s external debt is now $42 billion. According to the data from the Debt Management Office…
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Finance
IMF expands Executive Board with Sub-Saharan Africa as 25th Chair
The International Monetary Fund (IMF) member countries have elected an expanded Executive Board of 25 Executive Directors, including three representing…
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Finance
IMF raises 2025 Africa growth forecast as unrest clouds outlook
The International Monetary Fund raised its economic growth forecast for sub-Saharan Africa next year to the highest since 2021, while warning…
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Finance
IMF projects 3% end of year growth rate for Ghana
The International Monetary Fund forecasts that Ghana will conclude the year 2024 with a growth rate of 3 percent, as…
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News Africa
IMF approves $341 million for Ethiopia’s first loan program review
The executive board of the International Monetary Fund approved the first review of Ethiopia’s $3.4 billion lending programme, the fund…
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Finance
IMF approves US$8billion for poor countries to fight poverty, spur growth
The Executive Board of the International Monetary Fund (IMF) has completed the Review of Poverty Reduction and Growth Trust (PRGT) Facilities…
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Finance
IMF reaches staff-level agreement with Ghana for $360 million fourth tranche
The International Monetary Fund (IMF) and Ghana have reached a staff-level agreement on the third review of Ghana’s US$3 billion extended…
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