Tag Archives: IMF

The International Monetary Fund (IMF) on May 9 released a report on Uganda. The Resident Representative for Uganda, Clara Mira, talked to The Independent’s Haggai Matsiko about its important points. What is the IMF’s assessment of the performance of the Uganda economy? Around 2011, Uganda started a period during which …

Kampala, Uganda | THE INDEPENDENT | The International Monetary Fund (IMF) has warned that as Uganda allocates more resources to interest repayment, key social services are being starved which will, in turn, impact health, schools, and job creation. In its latest economic outlook report for Uganda after the executive consultations on …

Kampala, Uganda | THE INDEPENDENT | The  International Monetary Fund has hailed  Uganda for achieving the Millennium Development Goal on halving poverty ahead of schedule but warned that the country must create over 600,000 jobs per year to keep up with its growing population. In its latest report after recent consultations …

Paris, France | AFP | China’s investment strategy of throwing money at developing countries appears to have hit a snag in the Republic of Congo as the central African nation is seeking an IMF bailout. While the funding it provided to Congo wasn’t part of the Belt and Road Initiative …

Turning the SDR into a global currency would yield benefits for the world’s economy and monetary system Project Syndicate | José Antonio Ocampo | This year, the world commemorates the anniversaries of two key events in the development of the global monetary system. The first is the creation of the …

Washington, United States | AFP | Rising corporate and government debt levels and the sharp increase in more risky lending could leave the global economy vulnerable to another severe downturn, the International Monetary Fund warned Wednesday. While the concerns “aren’t all setting off alarm bells just yet,” governments will face challenges …

Why Uganda’s economy is dominated by multinational capital and what cannot be done about it THE LAST WORD | ANDREW M. MWENDA | We begin from where we stopped last week. Uganda’s growing economy served three critical purposes: It increased government revenues, gave greater confidence to donors to give more …

Kampala, Uganda | THE INDEPENDENT | Over 600 residents of Banda a Kampala suburb received free medical treatment and services for different health challenges courtesy of the International Medical Foundation (IMF), a charity organization under the International Medical Group. The all-day fair conducted in partnership with Apar Foundation, Uganda Sickle …

Washington, United States | AFP | The International Monetary Fund executive board on Tuesday gave final approval to a new loan package for Ukraine and released $1.4 billion for immediate use. The IMF had agreed on the $4 billion, 14-month loan in mid-October but the board was waiting for the …

THE LAST WORD: Why some nations prosper and others stagnate and what we cannot do about it THE LAST WORD | Andrew M. Mwenda | The International Monetary Fund (IMF) has 187 countries in its list of nations whose Gross Domestic Product (GDP) it captures. Of these, 39 are listed as …