Kenya seals IMF agreements
Kenya and the International Monetary Fund (IMF) have sealed a staff-level agreement on the seventh review of…
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International Monetary Fund (IMF)
International Monetary Fund (IMF), United Nations (UN) specialized agency, founded at the Bretton Woods Conference in 1944 to secure international monetary cooperation, to stabilize currency exchange rates, and to expand international liquidity.
Pakistan’s new fiscal budget aims to secure IMF bailout
Pakistan will unveil a new fiscal strategy in the upcoming 2024/2025 budget to enhance its bargaining power in…
Empowering Egypt’s expats: A national wealth deserving strategic investment
Egyptian expatriates are a major source of hard currency inflows. They have always been sending billions of dollars…
Egypt gets initial approval for $820m IMF loan disbursement
The International Monetary Fund (IMF) and Egypt have reached an initial agreement that would give the country an…
China’s exports likely rebound in May – Reuters poll
China's export sector is expected to show continued momentum in May, according to a Reuters poll released on…
Africa’s economies to grow 3.7% in ’24, 4.3% in ’25 – AfDB chair
Africa's economic growth is poised to accelerate to 3.7 per cent this year and 4.3 per cent next, up from 3.1 per…
IMF raises China’s GDP growth forecast to 5% in ’24
The International Monetary Fund (IMF) raised China's 2024 economic growth forecast to five per cent due to a strong…
Zambia’s debt restructuring gains momentum
Zambia has made significant strides towards resolving its financial crisis, with over 90 per cent of its $3 billion…
Sri Lanka’s c. bank keeps interest rates unchanged
Sri Lanka's central bank kept interest rates steady on Tuesday to focus on controlling inflation amid the country's…
IMF urges swift reforms for Lebanon
Lebanon needs economic reforms to address the deepening crisis, as highlighted by the International Monetary Fund…