Afghanistan: Ban on secondary education for girls marks four long years
17 september 2025 - 16:53:00Geneva, Switzerland (PANA) - For millions of girls in Afghanistan, it has been four long years since the ban on [...] Full text...
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Breaking news
- Agriculture
‘Our livelihoods have been cut off,’ say West Bank farmers ahead of olive harvest (By UN News)
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Libya participates in meetings of African Commission on Intellectual Property Rights in Djibouti
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Digital technology driving the future of jobs (World Bank Blog by Christine Zhenwei Qiang, Global Director, Digital Vice Presidency; Stéphane Straub, Chief Economist, Infrastructure Vice Presidency, World Bank; and Leora Klapper, Lead Economist)
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Healing the ozone layer: ‘Guided by science, united in action’
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UN Women calls for political will and accelerated global action
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Kenya bolsters polio and measles surveillance with cutting-edge laboratory
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Kenyan mercenary in Russia flees into Ukrainian military camp on battlefront
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Lessons of Hamas operation against Israel, - Libyan newspaper,
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IAEA chief urges countries to recommit to nuclear non-proliferation
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414 migrants intercepted at sea and returned to Libya - IOM
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Afghanistan: Ban on secondary education for girls marks four long years
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South Africa moves closer to securing Grand Prix hosting rights
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Geneva, Switzerland (PANA) - For millions of girls in Afghanistan, it has been four long years since the ban on [...] Full text...
Tax revenues are catalyst for more inclusive growth in Côte d'Ivoire – WB
11 september 2025 - 09:02:12Abidjan, Côte d'Ivoire (PANA) - Côte d'Ivoire's economic growth is solid and remarkably resilient in the face of global shocks, [...] Full text...
thread Economy
Ghana has received 14 deported West Africans from US: President Mahama
11 september 2025 - 06:25:46Accra, Ghana (PANA) - Ghana received 14 West African nationals deported from the US after it was approached to accept [...] Full text...
thread Politics
The Gambia’s economy maintains growth momentum amid global uncertainty
05 september 2025 - 07:50:01Banjul, Gambia (PANA) - The Gambia’s economy continues to demonstrate resilience and steady recovery, with real GDP growth reaching 5.7% [...] Full text...
thread Economy
IMF spots rising foreign investor interest in range of sectors in Mozambique
30 august 2025 - 10:51:29Maputo, Mozambique (PANA) - Mozambique’s economic activity is gradually recovering after a sharp slowdown between October 2024 and March 2025. [...] Full text...
thread Economy
WFP restricts activities in eastern DRC due to 'unprecedented' budget cuts
06 august 2025 - 12:54:12Kinshasa, DR Congo (PANA) - Although acute hunger has reached a record level in the Democratic Republic of Congo (DRC), [...] Full text...
thread Society
The Debate over Falling Fertility: IMF Finance & Development (By David E. Bloom, Professor of Economics and Demography at Harvard University’s T.H. Chan School of Public Health)
06 august 2025 - 12:21:08Washington DC, USA (PANA) - A decline in global population later this century may threaten human progress, or it may [...] Full text...
thread Society
IMF Executive Board concludes 2025 Article IV Consultation with Mali
01 august 2025 - 11:27:12Washington, DC, USA (PANA) - The Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with [...] Full text...
thread Economy
Reassessing tax incentives can assist growth, equity in DR Congo
30 july 2025 - 06:28:47Kinshasa, DRC (PANA) - Rationalising tax incentives in Democratic Republic of Congo (DRC) could improve effectiveness of tax policies, and [...] Full text...
thread Economy
IMF Executive Board concludes 2025 Article IV consultation and Fifth Review Under ECF with Zambia
27 july 2025 - 06:08:33Washington, DC, US (PANA) - The Executive Board of the International Monetary Fund (IMF) has completed the Article IV Consultation [...] Full text...
thread Economy
'Sustain fiscal consolidation,’ IMF urges Cameroon
25 july 2025 - 10:53:34Yaoundé, Cameroon (PANA) - The International Monetary Fund (IMF) Executive Board has concluded the eighth reviews under the Extended Credit [...] Full text...
thread Economy
Risks blur Malawi’s growth outlook amid FX shortages, fuel scarcity, declining ODA
23 july 2025 - 09:41:09Lilongwe, Malawi (PANA) – Malawi is at a critical juncture facing high inflation, an unsustainable fiscal and debt outlook, foreign [...] Full text...
thread Economy
IMF's First Deputy Managing Director Gita Gopinath quits to rejoin Harvard economics faculty
22 july 2025 - 08:45:20Washington, DC, USA (PANA) - International Monetary Fund (IMF) Managing Director Kristalina Georgieva has announced the departure of Gita Gopinath, [...] Full text...
thread Society
IMF First Deputy Managing Director Gita Gopinath’s statement at the conclusion of the Third Meeting of the G20 Finance Ministers and Central Bank Governors
19 july 2025 - 06:37:40KwaZulu-Natal, South Africa (PANA) - International Monetary Fund First Deputy Managing Director Gita Gopinath delivered the following remarks at the [...] Full text...
thread Economy
2024 WAFCON: Nigeria vs Zambia - Veteran giants meet rising force in blockbuster quarterfinal (Preview by CAF Online)
18 july 2025 - 07:34:15Casablanca, Morocco (PANA) - Two of Africa’s most exciting and ambitious women’s football nations, Nigeria and Zambia, are set for [...] Full text...
thread Sports
Benin can mobilize more domestic resources to drive inclusive growth and equity
17 july 2025 - 19:14:33Cotonou, Benin (PANA) - More inclusive growth path, taxation and spending adaptedz to vulnerable populations could further accelerate efforts to [...] Full text...
thread Economy
Cameroon needs to harness forests, natural wealth for sustainable growth: WB report
16 july 2025 - 08:39:28Yaoundé, Cameroon (PANA) - The World Bank Group has launched the 2025 Cameroon Economic Update, titled ‘’Cameroon’s Green Gold: Unlocking [...] Full text...
thread Economy
Global demand for meat and dairy set to rise, but climate and nutrition gaps remain
16 july 2025 - 05:23:32Rome, Italy (PANA) - Global demand for meat, dairy and fish is projected to climb steadily over the next decade, [...] Full text...
thread Agriculture
IMF Executive Board completes review of two arrangements with Niger
15 july 2025 - 08:57:43Washington, DC, US (PANA) - The Executive Board of the International Monetary Fund (IMF) on Monday completed the Seventh of [...] Full text...
thread Economy
IMF Executive Board concludes reviews with Cabo Verde
13 july 2025 - 05:08:05Washington, DC, US (PANA) - The Executive Board of the IMF has completed the sixth review under the ECF arrangement, [...] Full text...
thread Economy
IMF concludes third review of Somalia’s Extended Credit Facility
10 july 2025 - 09:52:18Mogadishu, Somalia (PANA) - The International Monetary Fund (IMF) Executive Board has completed the third review under the Extended Credit [...] Full text...
thread Economy
We need a new Growth Compact (IMF Blog By Pierre-Olivier Gourinchas, IMF’s economic counsellor and director of the Research Department)
09 july 2025 - 12:29:54Washington, DC, United States (PANA) – Policymakers are grappling with how to boost growth and expand opportunities.Early in the last [...] Full text...
thread Economy
How to Stabilise Africa's Debt (IMF Blog By Athene Laws, Thibault Lemaire, and Nikola Spatafora, economists in IMF’s African Department)
09 july 2025 - 11:59:18Washington, DC, United States (PANA) - Successful debt stabilisation requires measures to strengthen public finances and institutions, alongside pro-growth structural reforms [...] Full text...
thread Economy
IMF staff mission finds Lesotho facing ‘uncertain external environment’
08 july 2025 - 10:46:26Maseru, Lesotho (PANA) – The authorities in Lesotho face the challenge of transforming fiscal surpluses into sustainable and high-quality growth [...] Full text...
thread Economy
IMF Executive Board completes first review under ECF arrangement for DRC
06 july 2025 - 07:08:35Washington, DC, US (PANA) - The Executive Board of the International Monetary Fund (IMF) has completed the first review under [...] Full text...
thread Economy
IMF Executive Board completes first review under ECF arrangement for DRC
06 july 2025 - 05:25:00Washington, DC, US (PANA) - The Executive Board of the International Monetary Fund (IMF) has completed the first review under [...] Full text...
thread
Kenya’s economy slows down on weak industrial activity, climate shocks: AfDB
02 july 2025 - 12:40:31Nairobi, Kenya (PANA) – The Kenyan economy grew by 4.6% in 2024, a slowdown from 5.6% in 2023, due to [...] Full text...
thread Economy
Amnesty International says DRC-Rwanda peace deal fails to address serious crimes committed in eastern DRC
02 july 2025 - 09:21:29London, UK (PANA) - Last week's peace agreement signed between the Democratic Republic of Congo (DRC) and Rwanda fails to [...] Full text...
thread Politics
Children’s lives ‘turned upside down’ by wars across Middle East, North Africa, warns UNICEF
01 july 2025 - 18:48:48Geneva, Switzerland (PANA) - In the last two years, more than 12 million children have reportedly been killed, maimed or [...] Full text...
thread Society
IMF completes second review of Togo’s ECF arrangement
01 july 2025 - 12:44:12Lomé, Togo (PANA) – The Executive Board of the International Monetary Fund (IMF) has completed the second review of the [...] Full text...
thread Economy
IMF mission completes Article IV consultation with Algeria
01 july 2025 - 12:19:31Algiers, Algeria (PANA) - Strengthened policy frameworks, along with reforms to enhance fiscal resilience, diversify the economy, and promote private [...] Full text...
thread Economy
Despite positive economic prospects in Somalia, foreign aid cuts are downsizing growth
01 july 2025 - 11:08:27Mogadishu, Somalia (PANA) - Somalia’s economy continued its overall strong performance in 2024, with growth at 4.0 percent supported by [...] Full text...
thread Economy
Guinea must ensure its benefits of growth are widely shared: WB report
01 july 2025 - 10:52:46Conakry, Guinea (PANA) - Guinea’s economic growth accelerates, but reforms to make growth more inclusive and enhance domestic resource mobilization [...] Full text...
thread Economy
Leveraging Zambia’s energy transition minerals: Roadmap for economic transformation
01 july 2025 - 10:48:34Lusaka, Zambia (PANA) - Zambia's economy grew by 4% in 2024, displaying resilience despite experiencing a historic drought and frequent [...] Full text...
thread Economy
Libya levels the playing field towards private sector growth
01 july 2025 - 07:57:00Tripoli, Libya (PANA) - Libya's economy showed promising signs of recovery in 2024 and remained resilient despite challenges arising from [...] Full text...
thread Economy
IMF concludes 2025 Article IV consultation with Tanzania, approves $448.4 million disbursement
28 june 2025 - 08:12:54Dar es Salaam, Tanzania (PANA) – Tanzania has secured US$ 448.4 million as an immediate disbursement under both the Extended [...] Full text...
thread Economy
IMF concludes 2025 Article IV Consultation with Libya
26 june 2025 - 12:53:47Tripoli, Libya (PANA) - Libya’s continued political division and widespread fragilities have hindered the authorities’ capacity to control public expenditure [...] Full text...
thread Economy
AU urges universal access to climate data to urgently enhance response
23 june 2025 - 17:41:18Windhoek, Namibia (PANA) – The African Union has urged countries in Africa to urgently seek for universal access to climate [...] Full text...
thread Environment
IMF reviews Burkina Faso’s ECF arrangement; states ‘policy framework remains strong’
21 june 2025 - 11:45:40Ouagadougou, Burkina Faso (PANA) - The International Monetary Fund (IMF) Executive Board completed on Friday the third review under the [...] Full text...
thread Economy
South Sudan, IMF agree Fund-monitored programme to lay foundation for economic stability
21 june 2025 - 08:05:40Juba, South Sudan (PANA) - Staff of the International Monetary Fund (IMF) IMF and the South Sudanese authorities have reached [...] Full text...
thread Economy
Strengthening social protection, economic resilience in Mauritania for sustainable and inclusive growth
20 june 2025 - 07:06:28Nouakchott, Mauritania (PANA) - The World Bank Group has released the eighth edition of its Mauritania Economic Update, highlighting the [...] Full text...
thread Economy
UN trade agency said global investment plunged last year
20 june 2025 - 05:45:57New York, US (PANA) - Global investment fell a full 11 per cent to $1.5 trillion last year – it’s [...] Full text...
thread Economy
IMF approves resilience and sustainability facility arrangement for Gambia
19 june 2025 - 10:25:55Banjul, Gambia (PANA) –The International Monetary Fund (IMF) Executive Board has approved a new 18-month arrangement under the Resilience and [...] Full text...
thread Economy
IMF concludes 2025 Article IV Consultation with Mauritius
19 june 2025 - 10:21:43Washington, DC, USA (PANA) - The Mauritian economy continues to exhibit resilience with growth at 4.7 percent in 2024 and [...] Full text...
thread Economy
IMF staff concludes visit to Liberia
18 june 2025 - 09:23:51Monrovia, Liberia (PANA) - An International Monetary Fund (IMF) staff team, led by Mr. Daehaeng Kim, Mission Chief for Liberia, [...] Full text...
thread Economy
IMF Executive Board concludes 2025 Article IV Consultation with Namibia
18 june 2025 - 07:31:48Windhoek, Namibia (PANA) - Namibia’s economy faces challenges from heightened global trade policy tensions, increased weather shocks, a structural shift [...] Full text...
thread Economy
IMF completes reviews of Seychelles economic performance
17 june 2025 - 08:47:33Washington, DC, United States (PANA) - The Executive Board of the International Monetary Fund (IMF) on Monday completed the fourth [...] Full text...
thread Economy
Outlook for food trade ‘relatively optimistic’, FAO says
15 june 2025 - 05:31:51Rome, Italy (PANA) - The UN Food and Agriculture Organisation (FAO) has released their annual Food Outlook report which provides [...] Full text...
thread Agriculture
Despite challenges Mali’s economy shows resilience - IMF
14 june 2025 - 08:33:47Bamako, Mali (PANA) - Mali’s economy has shown some resilience despite significant headwinds. Economic growth is estimated at 4.7 per [...] Full text...
thread Economy
Niger's economy rebounds in 2024 thanks to large-scale oil exports, good agricultural season
13 june 2025 - 09:38:26Niamey, Niger (PANA) - Niger’s economy recorded robust growth in 2024, driven by large-scale oil exports. However, short-term sources of [...] Full text...
thread Economy
Global gender gap closes at fastest rate since pandemic, led by economic and political advances
12 june 2025 - 10:36:48Geneva, Switzerland (PANA) – The global gender gap has closed to 68.8%, marking the strongest annual advancement since the COVID-19 [...] Full text...
thread Gender
Most of the developing world is turning into a development-free zone: World Bank Blog By Indermit Gill, Chief Economist of the World Bank Group and Senior Vice President for Development Economics and M. Ayhan Kose, Deputy Chief Economist of the World Bank Group and Director of the Prospects Group, Development Economics
11 june 2025 - 07:45:28Washington, DC, USA (PANA) - Only six months ago, a “soft landing” appeared to be in sight: the global economy [...] Full text...
thread Economy
IMF staff conducts 2025 Article IV Consultation, reaches agreement on ECF fifth review with Zambia
10 june 2025 - 08:14:22Lusaka, Zambia (PANA) - The Zambian authorities and the International Monetary Fund (IMF) have reached a staff-level agreement on the [...] Full text...
thread Economy
How to spur economic growth in Africa’s fragile and conflict-affected states: IMF Blog By Wenjie Chen, Michele Fornino, Hamza Mighri, Can Sever
06 june 2025 - 08:02:57Washington, DC, United States (PANA) - More than half of sub-Saharan Africa’s population lives in fragile and conflict-affected states (FCS)—economies [...] Full text...
thread Society
Serious food insecurity lurks over Malawi’s population
05 june 2025 - 09:20:25Lilongwe, Malawi (PANA) – Over 20 percent of Malawi’s 25 million population faces high levels of food insecurity, up five [...] Full text...
thread Society
World Bank economic update examines fiscal challenges in Guinea-Bissau
04 june 2025 - 08:34:22Bissau, Guinea Bissau (PANA) – The World Bank has released the latest edition of the Guinea-Bissau Economic Update (EU), a [...] Full text...
thread Economy
Global job growth revised down amid economic slowdown
29 may 2025 - 07:32:38Geneva, Switzerland (PANA) - The International Labour Organisation (ILO) on Wednesday revised its forecast for global employment growth from 1.7% [...] Full text...
thread Economy
World Economic Forum: Chief economists warn global growth under strain from trade policy shocks and AI disruption
28 may 2025 - 11:48:22Geneva, Switzerland (PANA) – The global economic outlook has worsened since the start of the year, as rising economic nationalism [...] Full text...
thread Economy
Despite improvements, Kenya’s fiscal path is fragile amid high debt vulnerabilities, weak revenue growth : WB report
27 may 2025 - 08:05:24Nairobi, Kenya (PANA) - Kenya’s public debt remains at high risk of distress, with interest payments absorbing about a third [...] Full text...
thread Economy
Fostering core government bond market resilience: IMF Blog By Tobias Adrian, Kleopatra Nikolaou, Jason Wu
22 may 2025 - 08:20:34Washington, DC, United States (PANA) - The smooth functioning of government bond markets is important for the safety and soundness [...] Full text...
thread Economy
Somalia, IMF reach staff-level deal on review of ECF arrangement
17 may 2025 - 09:38:57Mogadishu, Somalia (PANA) - Somalia has continued steadfast reform implementation and programme performance has been strong, the International Monetary Fund [...] Full text...
thread Economy
Zambia’s economic recovery gaining pace: IMF
17 may 2025 - 09:36:40Lusaka, Zambia (PANA) - An International Monetary Fund (IMF) team has completed discussions with the Zambian authorities on economic performance [...] Full text...
thread Economy
Sudden escalation of trade tensions sends shockwaves through global economy
16 may 2025 - 07:38:44New York, US (PANA) - Amid escalating trade tensions and growing policy uncertainties, the global economy stands at a fragile [...] Full text...
thread Economy
IMF reaches staff-level agreement with Cape Verde on ECF review
15 may 2025 - 14:20:19Praia, Cape Verde (PANA) - International Monetary Fund (IMF) staff and Cape Verdean authorities have reached a staff-level agreement on [...] Full text...
thread Economy
IMF staff find a deteriorating outlook posing risks in Angola
15 may 2025 - 09:05:14Luanda, Angola (PANA) - Angola’s economic growth for 2024 was strong, but the outlook has deteriorated posing risks, according to [...] Full text...
thread Economy
AI needs more abundant power supplies to keep driving economic growth: IMF Blog By Christian Bogmans, Patricia Gomez-Gonzalez, Giovanni Melina, Sneha Thube
14 may 2025 - 07:40:42Washington, DC, United States (PANA) - Artificial intelligence is an emerging source of productivity and economic growth that’s also reshaping [...] Full text...
thread Economy
Steering through the Fog: The Art and Science of Monetary Policy in Emerging Markets: Statement By Gita Gopinath, IMF First Deputy Managing Director
10 may 2025 - 10:35:12Washington, DC, United States (PANA) - Since early April, the US effective tariff rate has increased to levels last seen [...] Full text...
thread Economy
IMF, Mauritania reach staff-level deal on ECF, EFF, RSF supported programmes
10 may 2025 - 10:23:55Washington, DC, United States (PANA) - An International Monetary Fund (IMF) team, led by Felix Fischer, visited Nouakchott and Nouadhibou [...] Full text...
thread Economy
Asia can boost economic resilience amid surging trade tensions: IMF Blog By Thomas Helbling, Andrea Pescatori, and Krishna Srinivasan
25 april 2025 - 08:47:23Washington, DC, USA (PANA) - As the global economic system is being reset, US tariffs are the highest in a [...] Full text...
thread Economy
IMF chief calls for balanced growth in global policy agenda
25 april 2025 - 07:31:27Washington, DC, USA (PANA) - Countries must work constructively to resolve trade tensions, safeguard economic and financial stability, and double [...] Full text...
thread Economy
Rising global debt requires countries to put their fiscal house in order: IMF Blog By Era Dabla-Norris, Vitor Gaspar, Marcos Poplawski-Ribeiro
24 april 2025 - 07:36:33Washington, DC, USA (PANA) - Major policy shifts underway have heightened global uncertainty. The series of recent tariff announcements by [...] Full text...
thread Economy
Economic growth speeding up in Africa, but uncertainty clouds outlook
24 april 2025 - 07:05:03Washington, DC, USA (PANA) - Economic growth in Sub-Saharan Africa is showing some resilience despite uncertainty in the global economy [...] Full text...
thread Economy
Enhancing financial stability for resilience during uncertain times: IMF Blog By Tobias Adrian
23 april 2025 - 11:01:38Washington, DC, United States (PANA) - Capital markets are essential for driving economic activity, providing mechanisms for raising funds and [...] Full text...
thread Economy
IMF scales down growth in Africa by 0.3 percentage points to 3.9 percent for 2025
23 april 2025 - 05:33:01Washington, DC, US (PANA) - The Chairman of the African Caucus at the International Monetary Fund (IMF), Mr. Hervé Ndoba, [...] Full text...
thread Economy
Migration and Refugee Policies - When destination countries tighten migration and refugee policies, it has economic ripple effects elsewhere: IMF Blog By Paula Beltran Saavedra, Nicolas Fernandez-Arias, Samuel Mann and Carolina Osorio-Buitron
19 april 2025 - 11:32:55Washington, DC, US (PANA) - Migration has always been an integral part of humanity’s history and success. As of last year, [...] Full text...
thread Society
IMF team says Nigerian authorities taken important steps to stabilise economy
18 april 2025 - 17:06:03Abuja, Nigeria (PANA) - The Nigerian authorities have taken important steps to stabilise the economy, enhance resilience, and support growth, [...] Full text...
thread Economy
Tanzania set to access US$441 million in IMF financing
18 april 2025 - 08:09:20Dar es Salaam, Tanzania (PANA) - Tanzanian authorities and the International Monetary Fund (IMF) have reached staff-level agreement on the [...] Full text...
thread Economy
IMF, Libya complete Article IV Mission
17 april 2025 - 10:17:48Washington, DC, US (PANA) - The dispute over the leadership of the Central Bank of Libya (CBL) last August and [...] Full text...
thread Economy
Global growth on recessionary path amid trade tensions and uncertainty
17 april 2025 - 05:23:32Geneva, Switzerland (PANA) - The world economy is on a recessionary trajectory as global growth is expected to slow to [...] Full text...
thread Economy
IMF Staff completes mission to Guinea Bissau
11 april 2025 - 13:14:43Washington, D.C, US (PANA) - A staff team from the International Monetary Fund (IMF) led by Niko Hobdari visited Bissau [...] Full text...
thread Economy
IMF Staff completes 2025 Article IV Mission to Mauritius
11 april 2025 - 13:00:33Washington, DC, US (PANA) - Real GDP of Mauritius grew by a robust 4.7 percent in 2024, driven by services, [...] Full text...
thread Economy
IMF staff, Rwandan authorities agree on fifth review of Policy Coordination Instrument
05 april 2025 - 12:05:34Kigali, Rwanda (PANA) – The International Monetary Fund (IMF) staff and the Rwandan authorities have reached staff-level agreement on policies [...] Full text...
thread Economy
IMF chief sets up Advisory Council on Entrepreneurship and Growth
28 march 2025 - 10:54:01Washington, DC, United States (PANA) - As part of the International Monetary Fund’s efforts to help its 191 member countries [...] Full text...
thread Economy
Strategic, targeted reforms can strengthen Morocco's business landscape: Report
26 march 2025 - 13:03:00Rabat, Morocco (PANA) - The Moroccan economy demonstrated resilience and positive trends in 2024 despite facing significant challenges, according to [...] Full text...
thread Economy
Burkina Faso's economy performed well in 2024, says government
20 march 2025 - 12:24:44Ouagadougou, Burkina Faso (PANA) -The government of Burkina Faso announced on Wednesday that economic activity performed well in 2024, with [...] Full text...
thread Economy
Liberia needs institutional, policy reforms to boost economic growth and development: WB report
12 march 2025 - 07:19:49Monrovia, Liberia (PANA) - The World Bank has launched its flagship report, the Liberia Country Economic Memorandum, titled “Escaping the [...] Full text...
thread Economy
Climate change: La Niña fades, as global heat keeps rising
06 march 2025 - 17:13:16Geneva, Switzerland (PANA) - The weak but significant La Niña weather event that began in December is likely to be [...] Full text...
thread Environment
IMF concludes 2024 Article IV Consultation with Angola
25 february 2025 - 09:09:01Luanda, Angola (PANA} - Angola’s economy recovered in 2024 as the oil sector rebounded. GDP growth is estimated to have [...] Full text...
thread Economy
Invest in early childhood development to transform Uganda’s economy: WB report
24 february 2025 - 08:04:38Kampala. Uganda (PANA) - Despite ongoing global challenges and geopolitical tensions, economic activity in Uganda has remained robust. According to a [...] Full text...
thread Economy
New report highlights Africa’s strengthening economic growth amid global challenges
16 february 2025 - 07:59:37Addis Ababa, Ethiopia (PANA) - Africa’s economic performance is showing signs of improvement but remains vulnerable to global shocks, according [...] Full text...
thread Economy
Scaling up or losing steam? Parliamentarians debate the future of the SDGs
14 february 2025 - 05:19:18New York, US (PANA) - As the clock ticks toward 2030, parliamentarians gathered at UN Headquarters in New York on [...] Full text...
thread Politics
South Africa’s energy, transport reforms could create 500,000 jobs: World Bank
05 february 2025 - 09:05:02Cape Town, South Africa (PANA) - South Africa could increase its GDP growth by 1% in the short term and [...] Full text...
thread Economy
IMF Executive Board Concludes 2024 Article IV Consultation with South Africa
02 february 2025 - 08:26:03Washington, DC, US (PANA) - South Africa’s economy has continued to face challenges in recent years, the International Monetary Fund [...] Full text...
thread Economy
IMF Executive Board Concludes 2024 Article IV Consultation with South Africa
02 february 2025 - 07:01:04Washington, DC, US (PANA) - South Africa’s economy has continued to face challenges in recent years, the International Monetary Fund [...] Full text...
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Cameroon gains some recovery as economic growth remains subdued
31 january 2025 - 11:35:46Yaoundé, Cameroon (PANA) - Cameroonian authorities and the International Monetary Fund (IMF) have reached a staff-level agreement on the seventh [...] Full text...
thread Economy
'Improved resilience to weather shocks can boost Zimbabwe’s recovery'
31 january 2025 - 08:38:20Harare, Zimbabwe (PANA) - Zimbabwe’s economic outlook is positive, with recovery from the 2019/20 COVID-19 recession and the 2024 El [...] Full text...
thread Economy
With IMF support Cape Verde aims to build climate resilience, grow strongly
25 january 2025 - 08:52:41Washington, DC, US (PANA) - The Executive Board of the International Monetary Fund (IMF) has completed the fifth review of [...] Full text...
thread Economy
IMF Executive Board completes sixth review under ECF for Niger
23 january 2025 - 06:51:10Washington, DC, US (PANA) - The Executive Board of the International Monetary Fund (IMF) has concluded the 2024 Article IV [...] Full text...
thread Economy
IMF Executive Board completes Fifth Review Under ECF arrangement for Cabo Verde
20 january 2025 - 05:57:08Washington, DC, US (PANA) - The Executive Board of the IMF has completed the fifth review of Cabo Verde’s performance [...] Full text...
thread Economy
Global economy stabilises, but developing economies face tougher slog EMBARGOED: NOT FOR PUBLICATION, BROADCAST, OR TRANSMISSION UNTIL THURSDAY, JANUARY 16, 2025, AT 1:00 PM ET, WHICH IS 6:00 PM UTC.
16 january 2025 - 18:42:16Washington DC, US (PANA) - Developing economies -which fuel 60 per cent of global growth - are projected to finish [...] Full text...
thread Economy
Economic recovery is losing steam, warns UN labour agency
16 january 2025 - 12:24:48Geneva, Switzerland (PANA) - Geopolitical tensions, the rising costs of climate change and unresolved debt issues are putting labour markets [...] Full text...
thread Economy
World economic outlook for 2025 weighed down by fragmentation, debt and political uncertainty
16 january 2025 - 10:22:57Geneva, Switzerland (PANA) – The global economy is set to face significant challenges in 2025, with 56% of chief economists [...] Full text...
thread Economy
IMF approves US$1,729 million ECF, US$1,038 million RSF arrangements for DRC
16 january 2025 - 08:08:49Washington, DC. United States (PANA) - The International Monetary Fund (IMF) approved on Wednesday a 38-month arrangement for The Democratic [...] Full text...
thread Economy
Global Risks Report 2025: Conflict, environment and disinformation top threats
15 january 2025 - 12:42:29Geneva, Switzerland (PANA) – The 20th edition of the World Economic Forum’s Global Risks Report, released on Wednesday, reveals an [...] Full text...
thread Society
Call for Collaboration in the Intelligent Age: World Economic Forum annual meeting 2025
14 january 2025 - 16:06:41Geneva, Switzerland (PANA) – Amid a world being shaped by geopolitical tensions, economic shifts, and technological advancement, the World Economic [...] Full text...
thread Economy
2024 - year of remarkable achievements, resilience, and progress for Tanzania
01 january 2025 - 12:18:42Dar es Salaam, Tanzania (PANA) – The just closed year 2024 saw Tanzania’s economic stability and investment potential widely recognised, [...] Full text...
thread Economy
IMF Executive Board completes second review under Extended Credit Facility Arrangement for Burkina Faso
21 december 2024 - 10:30:28Washington, DC, US (PANA) - The Executive Board of the International Monetary Fund (IMF) has completed the Second Review under [...] Full text...
thread Economy
IMF Executive Board completes first review under Extended Credit Facility arrangement for Togo
21 december 2024 - 09:59:30Washington, DC, US (PANA) - The Executive Board of the International Monetary Fund (IMF) has completed the first review of [...] Full text...
thread Economy
Libya's economy set for sustainable growth, increased productivity
18 december 2024 - 11:05:54Washington, DC, USA (PANA) - Libya’s economy is expected to stabilise following an agreement ending the leadership crisis at the [...] Full text...
thread Economy
IMF concludes fourth review of Tanzania’s ECF arrangement, allows disbursement of $204.5 million
14 december 2024 - 09:59:34Dar es Salaam, Tanzania (PANA) – The International Monetary Fund (IMF) has approved immediate disbursement of $204,5 million in two [...] Full text...
thread Economy
IMF staff concludes visit to Djibouti
13 december 2024 - 13:06:11Djibouti City, Djibouti (PANA) - Djibouti’s maritime-dependent economy has demonstrated resilience to regional conflicts with growth in FY24 projected at [...] Full text...
thread Economy
Gold Outlook 2025 navigates a fine line influenced by rates, risk and growth
13 december 2024 - 12:41:19London, UK (PANA) - Gold is poised for its best annual performance in more than a decade – up 28% [...] Full text...
thread Economy
African airlines expect better gains in operating profits in 2025, demand rises seen
11 december 2024 - 13:38:43Nairobi, Kenya (PANA) - Demand for air travel in Africa is focused to increase in 2025 as airlines increase seats [...] Full text...
thread Economy
Aid pledges provide vital lifeline in humanitarian emergencies
11 december 2024 - 05:05:30New York, US (PANA) - The UN held a high-level pledging conference on Tuesday for its Central Emergency Response Fund [...] Full text...
thread Society
Airlines facing equipment supply disruptions likely to slowdown growth
10 december 2024 - 21:40:18Nairobi, Kenya (PANA) – The International Air Transport Association (IATA) expects severe supply chain issues to continue to impact airline [...] Full text...
thread Economy
Chad’s economic recovery picks steam - IMF
10 december 2024 - 08:02:32N’Djamena, Chad (PANA) - Chad’s post-pandemic recovery picked up steam in 2023 with growth increasing to 4.9 percent, the Executive [...] Full text...
thread Economy
Global trade set to reach new high, with opportunities and challenges for developing economies in 2025
06 december 2024 - 19:59:31Geneva, Switzerland (PANA) - World trade is on track to hit a record $33 trillion in 2024, but risks of [...] Full text...
thread
Global trade to hit record $33 trillion in 2024, but uncertainties over tariffs loom
05 december 2024 - 19:36:35Geneva, Switzerland (PANA) - Global trade is poised to hit a record $33 trillion in 2024, showcasing remarkable resilience despite [...] Full text...
thread Economy
Central African Republic designs fiscal instruments for sustainable forestry, economic growth
05 december 2024 - 08:42:15Bangui, CAR (PANA) - The Central African economy has remained stagnant, with GDP growth estimated to register 0.7% in 2024, [...] Full text...
thread Economy
Ghana votes in 9th elections as it consolidates multi-party democracy
03 december 2024 - 13:39:05Accra, Ghana (PANA) - Ghanaian voters go to the polls on Saturday, 7 December to elect a president and 276 [...] Full text...
thread Politics
Persistent fall in private borrowing brings global debt down: IMF Blog By Vitor Gaspar, Carlos Gonçalves, Marcos Poplawski-Ribeiro
03 december 2024 - 11:17:39Washington, DC, United States (PANA) – Global debt decreased about one percentage point to 237 percent GDP in 2023. Empirical [...] Full text...
thread Economy
IMF Executive Board completes third review under the ECF arrangement with Ghana
03 december 2024 - 05:07:20Washington, DC, US (PANA) - The Executive Board of the International Monetary Fund (IMF) on Monday completed the third review [...] Full text...
thread Economy
WFP requires $16.9 billion in 2025 as hunger reaches alarming highs
22 november 2024 - 14:35:59Rome, Italy (PANA) - The World Food Programme (WFP) on Friday called for some $16.9 billion to address the escalating [...] Full text...
thread Society
IMF mission concludes visit to Egypt on review of Extended Fund Facility
21 november 2024 - 08:47:30Cairo, Egypt (PANA) – Egyptian authorities and the International Monetary Fund (IMF) staff have made “substantial progress” on policy discussions [...] Full text...
thread Economy
IMF Country Focus: Growth in sub-Saharan Africa is diverging By Saad Quayyum, Nikola Spatafora, Sanghamitra Mukherjee, and Hamza Mighri
15 november 2024 - 07:49:18Dar es Salaam, Tanzania (PANA) - Stagnating incomes in the region's resource-intensive economies necessitate more effective fiscal management and broad-based [...] Full text...
thread Economy
IMF, Zambia strike deal on 4th review of Extended Credit Facility
12 november 2024 - 11:49:13Lusaka, Zambia (PANA) - The lingering effects of drought have hit Zambia's economic landscape harder than anticipated, with reduced agricultural [...] Full text...
thread Economy
IMF staff, Niger authorities concur on sixth review of economic programme under ECF
12 november 2024 - 11:05:01Niamey, Niger (PANA) - Niger’s economic outlook is favourable over the near term, with growth projected at 8.8 percent this [...] Full text...
thread Economy
Investing in health: Time for a rethink: World Bank Blog By Christoph Kurowski, Martin Schmidt and David B. Evans
09 november 2024 - 09:56:14Washington DC, United States (PANA) – Countries are entering a critical phase in achieving the health Sustainable Development Goals (SDGs), [...] Full text...
thread Health
IMF, Guinea Bissau reach staff-level deal on review of ECF arrangement
08 november 2024 - 07:47:03Bissau, Guinea Bissau (PANA) – The International Monetary Fund (IMF) and Guinea Bissau have reached staff-level agreement on economic policies [...] Full text...
thread Economy
IMF staff conclude Article IV discussions with Somalia
01 november 2024 - 07:12:01Washington, DC, US (PANA) - A staff team from the International Monetary Fund (IMF), led by Ms. Laura Jaramillo, has [...] Full text...
thread Economy
ETF and OTC investment flows buoy total gold demand
30 october 2024 - 13:01:00London, UK (PANA) - Healthy inflows into global gold exchange traded funds (ETFs) were a major driver of growth in [...] Full text...
thread Economy
Angola hosts inaugural national climate outlook forum
29 october 2024 - 13:17:08Luanda, Angola (PANA) - The Southern African Development Community (SADC) Climate Services Centre in collaboration with the National Institute of [...] Full text...
thread Environment
Oversupply could mute effects of wider Middle-East conflict on oil prices
29 october 2024 - 05:30:51EMBARGOED: NOT FOR PUBLICATION, BROADCAST, OR TRANSMISSION UNTIL TUESDAY, October 29, 2024, AT 11:00 AM UTC.Washington, DC, United States (PANA) [...] Full text...
thread Economy
IMF Managing Director outlines global policy agenda
25 october 2024 - 11:09:16Washington, DC, United States (PANA) - The global economy is in danger of getting stuck on a low-growth, high-debt path, [...] Full text...
thread Economy
Joint IMF-Regional Financing Arrangements hold dialogue on effective collaboration
24 october 2024 - 06:37:41Washington, DC, United States (PANA) - The 9th High-level Regional Financing Arrangements (RFAs) Dialogue was held on Wednesday in Washington [...] Full text...
thread Economy
Global financial fragilities mount despite rate cuts and buoyant markets: IMF Blog By Tobias Adrian, Sheheryar Malik, and Jason Wu
23 october 2024 - 10:10:27Washington, DC, United States (PANA) - When it comes to financial stability, the world is facing a split screen of [...] Full text...
thread Economy
Rwanda’s economic growth among strongest in Sub-Saharan Africa: IMF
23 october 2024 - 08:51:42Kigali, Rwanda (PANA) – International Monetary Fund (IMF) staff and the Rwandan authorities have reached staff-level agreement on policies needed [...] Full text...
thread Economy
IMF staff urge strong governance, speedy reforms for inclusive growth in Madagascar
19 october 2024 - 09:42:53Antananarivo, Madagascar (PANA) - Strengthening governance and accelerating reforms to bolster resilience to climate shocks and attract climate finance for [...] Full text...
thread Economy
IMF, reach staff level deal on review of ECF and RSF before approval of more financial support
18 october 2024 - 07:53:28Dar es Salaam, Tanzania (PANA) - Tanzanian authorities and the International Monetary Fund (IMF) have reached staff-level agreement on the [...] Full text...
thread Economy
Support for economic reforms hinges on communication, engagement, and trust: IMF Blog By Silvia Albrizio, Bertrand Gruss, and Yu Shi
17 october 2024 - 14:25:35Washington DC, United States (PANA) - The global economy is stuck in a low-growth gear, largely because of aging populations, [...] Full text...
thread Economy
IMF team assesses Senegal’s finance inspectorate reports
17 october 2024 - 12:26:35Dakar, Senegal (PANA) - An International Monetary Fund (IMF) staff team has started assessing in Senegal the implications of the [...] Full text...
thread Economy
Zambia’s drought impact stuns IMF staff team
17 october 2024 - 12:08:39Lusaka, Zambia (PANA) – Drought has caused a greater than anticipated economic impact in Zambia due to the intense electricity [...] Full text...
thread Economy
Staying the course on reforms: Nigeria progresses amidst challenges
17 october 2024 - 10:11:01Abuja, Nigeria (PANA) - Since May 2023, Nigeria has implemented significant reforms to stabilise its economy, resulting in modest growth, [...] Full text...
thread Economy
Modest growth forecast for economies in MENA amid rising uncertainty
17 october 2024 - 06:58:59Washington, DC, United States (PANA) - Growth continues to be subdued in the Middle East and North Africa (MENA) because [...] Full text...
thread Economy
Global public debt Is probably worse than it looks: IMF Blog By Era Dabla-Norris, Davide Furceri, Raphael Lam, and Jeta Menkulasi
16 october 2024 - 11:04:22Washington, DC, United States (PANA) - Global public debt is very high. It is expected to exceed $100 trillion, or [...] Full text...
thread Economy
IMF staff completes 2024 Article IV Consultation Mission to Chad
16 october 2024 - 10:56:27N’Djamena, Chad (PANA) - Chad’s economic growth, after increasing to 4.9 percent in 2023, is expected to moderate this year, [...] Full text...
thread Economy
‘Africa must continue to rise,’ says General Assembly President
15 october 2024 - 04:49:41New York, US (PANA) - To meet the 2030 Agenda for Sustainable Development, the UN General Assembly President on Monday [...] Full text...
thread Politics
World Bank economic update proposes policy options to promote Gabon’s forest conservation
14 october 2024 - 15:03:26Libreville, Gabon (PANA) - Gabon experienced lower growth in 2023 (2.4%) amid transport disruptions that impacted wood and manganese production, [...] Full text...
thread Economy
IMF expects Côte d’Ivoire to boost recovery of regional official reserves
11 october 2024 - 11:38:27Abidjan, Cote d’Ivoire (PANA) – International Monetary Fund (IMF) staff and the Cote d’Ivoire authorities have reached a staff-level agreement [...] Full text...
thread Economy
We must place our hope in multilateralism: IMF article By Gordon Brown, former Prime Minister of the United Kingdom
11 october 2024 - 11:13:20London, United Kingdom (PANA) – Only by working together can countries fend off fragmentation and deepening crises “Those who look only [...] Full text...
thread Economy
Sierra Leone needs fiscal consolidation measures to ensure sustainable economic environment: WB report
11 october 2024 - 06:22:46Freetown, Sierra Leone (PANA) - Sierra Leone's economy grew by 5.7% in 2023, exceeding expectations, driven by strong performance in [...] Full text...
thread Economy
Rights group urges 3 African countries to abolish death penalty 'once and for all'
10 october 2024 - 12:03:06Dakar, Senegal (PANA) - Three sub-Saharan African countries on the cusp of abolition must act now and abolish the death [...] Full text...
thread Society
Equatorial Guinea Economic Update: Designing fiscal instruments for sustainable forestry
08 october 2024 - 10:14:38Malabo, Equatorial Guinea (PANA) - The World Bank has issued the 2024 Equatorial Guinea Economic Update which analyses the country’s [...] Full text...
thread Economy
‘Orphanage city’ helps children in Gaza as the war grinds on (Feature by UN News)
06 october 2024 - 05:57:14Gaza City, Gaza (PANA) - Some Palestinian orphans in Gaza have gotten a glimmer of hope as the tragedies triggered [...] Full text...
thread Society
Subdued outlook constrains Eswatini’s ability to respond to social needs: IMF
01 october 2024 - 07:53:37Mbabane, Eswatini (PANA) – On the back of a post-pandemic rebound and favourable export prices, real GDP growth in Eswatini [...] Full text...
thread Economy
Niger anticipates economic recovery on from oil revenues
01 october 2024 - 05:55:54Niamey, Niger (PANA) - Niger's economy is set to rebound after a year marked by an unprecedented political crisis. However, [...] Full text...
thread Economy
Djibouti's economy shows strong growth in 2023 despite fiscal challenges
30 september 2024 - 10:19:49Djibouti, Djibouti (PANA) - Djibouti’s economy achieved an impressive rebound in 2023, outperforming forecasts with GDP growth estimated at 6.7 [...] Full text...
thread Economy
World Economic Forum: Chief economists point to stabilising outlook but warn on debt and political polarisation
25 september 2024 - 12:01:52Geneva, Switzerland (PANA) - Easing inflation and strong global commerce are fuelling cautious optimism for recovery but elevated debt levels [...] Full text...
thread Economy
Climate crisis: Satellites and AI offer hope for global action, says UN weather agency
18 september 2024 - 16:45:07Geneva, Switzerland (PANA) - Amid renewed warnings from leading climate scientists that global warming could reach 3C above pre-industrial levels [...] Full text...
thread Environment
Trade balances in China and the US are largely driven by domestic macro forces: IMF Blog By Pierre-Olivier Gourinchas, Ceyla Pazarbasioglu, Krishna Srinivasan, and Rodrigo Valdés
13 september 2024 - 12:55:31Washington, DC, United States - China’s widening trade surplus and the growing US trade deficit since the pandemic have renewed [...] Full text...
thread Economy
IMF underlines wise spending of public revenue in Lesotho
12 september 2024 - 12:01:39Maseru, Lesotho (PANA) - Lesotho’s GDP growth has improved modestly, picking up to 2.2 percent in the fiscal year ending [...] Full text...
thread Economy
How to Awaken Europe's Private Sector and Boost Economic Growth: IMF Blog By Diego Cerdeiro, Gee Hee Hong, and Alfred Kammer
12 september 2024 - 10:09:07Washington, DC, United States (PANA) - In the European Union, income per person, one of the main gauges of living [...] Full text...
thread Economy
IMF Executive Board finds Botswana’s financial sector sound, stable, and resilient
11 september 2024 - 10:34:26Gaborone, Botswana (PANA) – Due to a diamond market contraction, Botswana’s economic growth is expected to slow to 1 percent [...] Full text...
thread Economy
IMF praises Uganda’s economic recovery efforts with low inflation
10 september 2024 - 08:18:23Kampala, Uganda (PANA) - Uganda has navigated the post pandemic recovery well due to sound macroeconomic policies and its economic [...] Full text...
thread Economy
Product market reforms, improved business environment essential vital for South Africa’s trade: IMF
05 september 2024 - 12:36:43Pretoria, South Africa (PANA) - While South Africa needs product-market reforms and improving business environment by removing obstacles to trade, [...] Full text...
thread Economy
Despite declining growth South Africa can repay IMF, Board concludes
05 september 2024 - 11:21:07Washington, DC, United States (PANA) - The Executive Board of the International Monetary Fund (IMF) concluded the Post Financing Assessment [...] Full text...
thread Economy
Tech progress, automation, AI, cut workers’ share of wealth: ILO
04 september 2024 - 17:13:20Geneva, Switzerland (PANA) - The global trend for shrinking pay packets in heavily industrialized economies could be driven – at [...] Full text...
thread Economy
IMF approves US$7.3 million disbursement to Guinea Bissau
29 august 2024 - 12:31:51Bissau, Guinea Bissau (PANA) – The International Monetary Fund (IMF) has allowed an immediate disbursement of US$7.3 million to help [...] Full text...
thread Economy
South Africa sets wheat import duties while local wheat area drops
14 august 2024 - 12:32:35Pretoria, South Africa (PANA) - Falling global wheat prices triggered, in July 2024, a wheat import duty of Rand 176.30 [...] Full text...
thread Agriculture
Sexual violence, famine stalk Sudan’s displaced
13 august 2024 - 16:53:01Port Sudan, Sudan (PANA) - Sudan’s deepening humanitarian crisis caused by nearly 16 months of war has left countless women [...] Full text...
thread Society
Bold fiscal reforms can unlock Cameroon’s full potential
06 august 2024 - 16:47:46Yaoundé, Cameroon (PANA) - The World Bank on Tuesday launched two flagship economic reports: the 2024 Cameroon Economic Update and [...] Full text...
thread Economy
Maximising returns to human capital in Mauritania for increased wealth, shared prosperity
26 july 2024 - 11:20:08Nouakchott, Mauritania (PANA) - The World Bank on Friday released the seventh edition of its Economic Update for Mauritania, which [...] Full text...
thread Economy
Strong regional demand to drive South Africa’s maize exports to neighbours
26 july 2024 - 11:18:26Pretoria, South Africa (PANA) South Africa’s maize area is forecast to expand in marketing year 2024/25 after an 18 percent [...] Full text...
thread Agriculture
CAR faces tough socioeconomic situation in governance reforms: IMF
25 july 2024 - 09:56:53Bangui, CAR (PANA) – Despite the particularly difficult socioeconomic context and significant financing needs, Central African Republic (CAR) continues to [...] Full text...
thread Economy
Malawi Economic Monitor calls for urgent, sustained reforms for faster, more inclusive growth
25 july 2024 - 07:40:09Lilongwe, Malawi (PANA) - Malawi’s current economic difficulties require a combination of immediate response measures and urgent reforms to address [...] Full text...
thread Economy
A low-growth world is an unequal, unstable world (By Kristalina Georgieva, IMF Managing Director)
24 july 2024 - 09:20:08Washington, DC, United States (PANA) - The global economy is stuck in low gear, which could deal a major blow [...] Full text...
thread Economy
UN leaders urge ‘maximum political will’ to rescue SDGs
23 july 2024 - 06:46:44Addis Ababa, Ethiopia (PANA) - Top UN officials on Monday called for urgent reforms to the international financial system to [...] Full text...
thread Politics
Global growth steady amid slowing disinflation and rising policy uncertainty: IMF Blog By Pierre-Olivier Gourinchas
16 july 2024 - 17:45:18Washington DC, United States (PANA) - Our global growth projections are unchanged at 3.2 per cent this year and slightly [...] Full text...
thread Economy
IMF Executive Board concludes 2024 Article IV consultation with Libya
12 july 2024 - 12:03:00Tripoli, Libya (PANA) - Libya remains a fragile state trapped in political uncertainty, but the episodes of active conflict have [...] Full text...
thread Economy
World Bank Group launches framework for inclusive, private sector-led, resilient growth in Tanzania
12 july 2024 - 10:58:44Dar es Salaam, Tanzania (PANA) - The World Bank Group’s (WBG) Board of Executive Directors has endorsed the new Country [...] Full text...
thread Economy
IMF completes Gambia’s first review under Extended Credit Facility
10 july 2024 - 07:53:35Banjul, Gambia (PANA) - Gambia’s economic activity continues to recover robustly and its growth was estimated at 5.3 percent in [...] Full text...
thread Economy
IMF completes fourth review of Mozambique’s ECF, releases US$60.03 million budget support
09 july 2024 - 08:05:07Washington, DC, United States (PANA) - The Executive Board of the International Monetary Fund (IMF) has announced completion of the [...] Full text...
thread Economy
IMF Executive Board holds Post-Financing Assessment Consultation with Angola
04 july 2024 - 10:10:00Washington, DC, US (PANA) - The Executive Board of the International Monetary Fund (IMF) has concluded the Post Financing Consultation [...] Full text...
thread Economy
Alarming drop in global funding to people in war and crisis: Humanitarian charity
03 july 2024 - 12:20:52Oslo, Norway (PANA) - Halfway into 2024, only 18 percent of the funding needed for humanitarian assistance globally has been [...] Full text...
thread Society
Global trade rises in early 2024, adding $350 billion in goods and services
03 july 2024 - 05:31:06Geneva, Switzerland (PANA) - Global trade trends turned positive in the first quarter of 2024, with the value of trade [...] Full text...
thread Economy
IMF Executive Board completes second review under Extended Credit Facility Arrangement with Ghana
29 june 2024 - 05:32:55Washington, DC, US (PANA) - The Executive Board of the International Monetary Fund (IMF) on Friday completed the second review [...] Full text...
thread Economy
IMF staff completes 2024 Article IV mission to Zimbabwe
28 june 2024 - 11:03:39Harare, Zimbabwe (PANA) - Despite headwinds, Zimbabwe’s economy continues showing resilience but growth is expected to decelerate to about 2 [...] Full text...
thread Economy
Uganda should improve public spending on health for a more productive population
27 june 2024 - 13:58:38Kampala, Uganda (PANA) - Economic activity in Uganda has remained resilient despite multiple successive shocks, with real gross domestic product [...] Full text...
thread Health
Burkina Faso: Launch of two World Bank economic reports
27 june 2024 - 13:01:22Ouagadougou, Burkina Faso (PANA) - The World Bank on Thursday launched the Burkina Faso Economic Update and the Country Economic [...] Full text...
thread Economy
IMF/Guinea Bissau reach staff-level deal on 6th review of ECF arrangement
26 june 2024 - 09:24:52Bissau, Guinea Bissau (PANA) – Guinea Bissau authorities and staff of the International Monetary Fund (IMF have reached a staff-level [...] Full text...
thread Economy
Strong consumption, investment demand among factors boosting Côte d’Ivoire’s outlook
26 june 2024 - 08:40:56Abidjan, Côte d’Ivoire (PANA) - Côte d’Ivoire’s economy remains resilient against a still difficult global backdrop. Despite lower than expected [...] Full text...
thread Economy
IMF approves US$337 million from ECF and US$321 million of RSF for Madagascar
22 june 2024 - 12:16:27Antananarivo, Madagascar (PANA) – The Executive Board of the International Monetary Fund (IMF) on Friday approved a 36-month arrangement under [...] Full text...
thread Economy
IMF Board approves US$ 149.4 million budget support for Tanzania
21 june 2024 - 10:17:27Dar es Salaam, Tanzania (PANA) – The International Monetary Fund (IMF) has completed the third review of the Extended Credit [...] Full text...
thread Economy
Somalia expects 3.1 percent GDP growth, rebounding from drought and commodity price shocks
20 june 2024 - 17:41:57Mogadishu, Somalia (PANA) - Somalia’s economy is expected to grow at 3.1 per cent in 2023 up from 2.4 per [...] Full text...
thread Economy
Senegal’s new authorities committed to growth-friendly fiscal consolidation
20 june 2024 - 11:33:20Dakar, Senegal (PANA) - An International Monetary Fund (IMF) staff team has welcomed the Senegalese new authorities’ commitment to the [...] Full text...
thread Economy
Putting Africa on the path to prosperity: World Bank Blog By Ajay Banga and Mohamed Ould Ghazouani
20 june 2024 - 07:31:04Apulia, Italy (PANA) - Across the Global South, young people are yearning for opportunity and a better life. But while [...] Full text...
thread Society
Getting the global economy out of the slow lane: World Bank Blog By Indermit Gill and M. Ayhan Kose
17 june 2024 - 17:01:14Washington, DC, USA (PANA) - With global growth stabilizing for the first time in three years, inflation reaching a three-year [...] Full text...
thread Economy
IMF, Mozambique reach Staff-Level Agreement on Fourth Review of ECF
17 june 2024 - 09:09:39Washington, DC, US (PANA) - An International Monetary Fund (IMF) team and the Mozambican authorities have reached a staff-level agreement [...] Full text...
thread Economy
Burkina Faso’s recovery depends on having security under control: IMF
16 june 2024 - 11:37:40Ouagadougou, Burkina Faso (PANA) – Burkina Faso’s economic growth is projected at 5.5 percent in 2024 but remains below potential [...] Full text...
thread Economy
AfDB sends high-level delegation to Japan to champion African investment
16 june 2024 - 06:46:57Tokyo, Japan (PANA) - An African Development Bank (AfDB) delegation, led by three vice presidents, will be in Japan from [...] Full text...
thread Economy