Tag Archives: IMF

Brazzaville, Congo | AFP | A team from the International Monetary Fund on Thursday wound up a mission to the Republic of Congo by expressing concern at debt and corruption before considering any bailout. “Congo’s economy continues to suffer from the effects of low oil prices, unsustainable debt, and significant governance …

Washington, United States | AFP | The growing split between the United States and the rest of the world spilled into the annual meetings of the International Monetary Fund and World Bank in Washington this week. The US administration showed a diminished view of the Bretton Woods institutions that shaped …

Washington, United States | AFP | The International Monetary Fund expressed grave concerns Friday over Venezuela’s unending political crisis, seeing no end to the economic downturn and suffering of the population. Venezuela “remains in a full-blown economic, humanitarian, and political crisis with no end in sight,” the Fund said in a …

Washington, United States | AFP | Finance chiefs from around the world were warned Thursday to get their houses in order while the global economy is strong and to be ready for possible shocks in the future. World Bank President Jim Yong Kim and International Monetary Fund Managing Director Christine …

Washington, United States | AFP | Tackling disparities in education is crucial to reducing global income inequality, the International Monetary Fund said Wednesday, urging governments to spend more on schooling for disadvantaged children. In a report, the IMF said that over the past three decades, 53 percent of countries had become …

Washington, United States | AFP | IMF Managing Director Christine Lagarde urged global leaders Wednesday not to reject international trade as policy shifts by Washington and London force resets on major global commercial treaties. Lagarde admitted that the rapid lowering of trade barriers in recent decades had caused significant dislocation, including …

THE LAST WORD: How the obsession with our internal weaknesses has obscured the international dimension of Africa’s problems Andrew M. Mwenda | THE LAST WORD | Now in his 32nd year as president, Yoweri Museveni faces a dilemma. Uganda is still a very poor rural agricultural economy in spite of …

Washington, United States | AFP | The International Monetary Fund on Thursday waded into the US health care debate, urging the Trump administration to “protect” gains achieved under President Barack Obama. As the US Senate continues the heated debate over repealing the Affordable Care Act implemented under Trump’s predecessor, the IMF …

IMF to launch new form of aid – with no money Washington, United States | AFP |  The International Monetary Fund announced Wednesday it will launch a new tool to support governments in financial trouble: one that involves no money. Instead of providing cheap loans to countries, the new IMF …

Cairo, Egypt | AFP |  Ramadan is a time for daytime fasting and lavish evening feasts, but Egyptians are scaling back preparations for the Muslim holy month this year after austerity measures fuelled decades-high inflation. At a Cairo supermarket, Rana, a web designer and mother of two, said she was …