Libya generates over $15 billion in public revenue in 8 months

10 september 2025 - 12:17:01
Tripoli, Libya (PANA) - A total of 84.3491 billion dinars, approximately US$15.618 billion, in public revenue was generated from 1 [...] Full text...

thread Economy

Military spending worldwide hits record $2.7 trillion

10 september 2025 - 07:35:13
New York, US (PANA) - Global military spending reached an unprecedented $2.7 trillion in 2024 amid intensifying wars and rising [...] Full text...

thread Society

Why economic inequality matters for development (World Bank Blog by Luis Felipe López-Calva, Global Director, Poverty and Equity Global Practice; Deon Filmer, Director, Development Research Group, World Bank and Haishan Fu, Chief Statistician of the World Bank Group and Director of the Development Data Group)

28 august 2025 - 07:22:41
Washington, DC, USA (PANA) - Does economic inequality matter for development? That’s a question we discussed at a recent event [...] Full text...

thread Economy

Risks blur Malawi’s growth outlook amid FX shortages, fuel scarcity, declining ODA

23 july 2025 - 09:41:09
Lilongwe, Malawi (PANA) – Malawi is at a critical juncture facing high inflation, an unsustainable fiscal and debt outlook, foreign [...] Full text...

thread Economy

IMF Country Focus: Mauritius' economy depends on sustainable public finances (By Mariana Colacelli, IMF Mission Chief to Mauritius and Felix Simione, Senior Economist in IMF’s African Department)

15 july 2025 - 10:57:50
Port Louis, Mauritius (PANA) - The island of Mauritius was once the native habitat of the dodo—striking, flightless bird that [...] Full text...

thread Economy

IMF Executive Board concludes reviews with Cabo Verde

13 july 2025 - 05:08:05
Washington, DC, US (PANA) - The Executive Board of the IMF has completed the sixth review under the ECF arrangement, [...] Full text...

thread Economy

Global education is in crisis: Human Rights Watch

08 july 2025 - 12:27:51
Dar es Salaam, Tanzania (PANA) – With nearly 200 million children and youth missing out on secondary school worldwide while [...] Full text...

thread Society

EC activates flexibility in EU fiscal rules for 15 member states to increase defence spending

08 july 2025 - 12:25:35
Brussels, Belgium (PANA) - The European Council on Tuesday activated the national escape clause under the Stability and Growth Pact [...] Full text...

thread Society

IMF Executive Board completes fourth review under Extended Credit Facility Arrangement with Ghana

08 july 2025 - 06:36:48
Washington, DC, US (PANA) - The Executive Board of the International Monetary Fund (IMF) on Monday completed the fourth review [...] Full text...

thread Economy

IMF Country Focus: How Nigeria can unleash its economic potential (By Axel Schimmelpfennig, IMF Mission Chief to Nigeria and Christian Ebeke, IMF Resident Representative in Nigeria)

07 july 2025 - 12:12:23
Abuja, Nigeria (PANA) - Over the past two years, Nigeria—Africa’s most populous country—has implemented difficult reforms to tackle long-standing obstacles [...] Full text...

thread Economy

Despite positive economic prospects in Somalia, foreign aid cuts are downsizing growth

01 july 2025 - 11:08:27
Mogadishu, Somalia (PANA) - Somalia’s economy continued its overall strong performance in 2024, with growth at 4.0 percent supported by [...] Full text...

thread Economy

IMF concludes 2025 Article IV Consultation with Libya

26 june 2025 - 12:53:47
Tripoli, Libya (PANA) - Libya’s continued political division and widespread fragilities have hindered the authorities’ capacity to control public expenditure [...] Full text...

thread Economy

IMF reviews Burkina Faso’s ECF arrangement; states ‘policy framework remains strong’

21 june 2025 - 11:45:40
Ouagadougou, Burkina Faso (PANA) - The International Monetary Fund (IMF) Executive Board completed on Friday the third review under the [...] Full text...

thread Economy

IMF Executive Board concludes 2025 Article IV Consultation with Namibia

18 june 2025 - 07:31:48
Windhoek, Namibia (PANA) - Namibia’s economy faces challenges from heightened global trade policy tensions, increased weather shocks, a structural shift [...] Full text...

thread Economy

Time to rethink health financing: It is not Just a public sector concern

17 june 2025 - 19:52:43
London, UK (PANA) - As G7 leaders of the world’s wealthiest nations wrapped up their summit in Kananaskis, Canada, a [...] Full text...

thread Health

IMF completes reviews of Seychelles economic performance

17 june 2025 - 08:47:33
Washington, DC, United States (PANA) -  The Executive Board of the International Monetary Fund (IMF) on Monday completed the fourth [...] Full text...

thread Economy

Want a debt swap to work? What Côte d’Ivoire got right: World Bank Blog By Marie-Chantal Uwanyiligira, Nathalie Picarelli, Markus Kitzmuller, Diego Rivetti, Hans Anand Beck

17 june 2025 - 07:48:38
Abidjan, Côte d'Ivoire (PANA) -  Can a country turn debt into opportunity? With the right approach, it can. If managed effectively, [...] Full text...

thread Economy

Insufficient domestic funding hinders education progress, says rights watchdog

16 june 2025 - 08:20:10
Abuja, Nigeria (PANA) – Most African governments have consistently failed to meet global and regional education funding targets to ensure quality [...] Full text...

thread Society

IMF staff conducts 2025 Article IV Consultation, reaches agreement on ECF fifth review with Zambia

10 june 2025 - 08:14:22
Lusaka, Zambia (PANA) - The Zambian authorities and the International Monetary Fund (IMF) have reached a staff-level agreement on the [...] Full text...

thread Economy

Serious food insecurity lurks over Malawi’s population

05 june 2025 - 09:20:25
Lilongwe, 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 - 08:34:22
Bissau, Guinea Bissau (PANA) – The World Bank has released the latest edition of the Guinea-Bissau Economic Update (EU), a [...] Full text...

thread Economy

Kenyan software developer arrested over Finance Bill portal

01 june 2025 - 08:14:45
Nairobi, Kenya (PANA) - A Kenyan software developer, Rose Njeri, has been arrested after developing a portal to enhance public [...] Full text...

thread Society

Kenya can cut public debt-to-GDP ratio by a third, generate jobs if it prioritises fiscal, governance, and structural reforms

27 may 2025 - 08:40:28
Nairobi, Kenya (PANA) - Kenya’s fiscal policy could be better used to create more and better jobs, strengthen the social [...] Full text...

thread Economy

Despite improvements, Kenya’s fiscal path is fragile amid high debt vulnerabilities, weak revenue growth : WB report

27 may 2025 - 08:05:24
Nairobi, Kenya (PANA) - Kenya’s public debt remains at high risk of distress, with interest payments absorbing about a third [...] Full text...

thread Economy

Cape Verde takes strategic steps to strengthen fiscal sustainability and create fiscal space

22 may 2025 - 07:53:50
Praia, Cape Verde (PANA) – The Government of Cape Verde (GoCV) is undertaking a series of reforms to strengthen fiscal [...] Full text...

thread Economy

World Health Assembly opens amid high-stakes pandemic treaty vote, global funding crisis

20 may 2025 - 04:48:51
Geneva, Switzerland (PANA) - The 78th World Health Assembly opened on Monday with a broad appeal to global solidarity, as delegates [...] Full text...

thread Health

Somalia, IMF reach staff-level deal on review of ECF arrangement

17 may 2025 - 09:38:57
Mogadishu, 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 - 09:36:40
Lusaka, Zambia (PANA) - An International Monetary Fund (IMF) team has completed discussions with the Zambian authorities on economic performance [...] Full text...

thread Economy

IMF, DRC reach staff-level deal on first review under ECF

15 may 2025 - 12:58:47
Kinshasa, DR Congo (PANA) - The economy of DR Congo (DRC) has been resilient, with growth reaching 6.5 percent in [...] Full text...

thread Economy

Libya earned nearly $7 billion in between January and April 2025

10 may 2025 - 12:14:45
Tripoli, Libya (PANA) - Libya's total public revenues for 1 January to 30 April amounted to 37.693 billion dinars , [...] Full text...

thread Economy

South African Finance Minister cancels VAT rate increase

24 april 2025 - 16:19:42
Johannesburg, South Africa (PANA) - The South African Treasury announced on Thursday that the VAT rate will remain at 15%, [...] Full text...

thread Economy

IMF, Libya complete Article IV Mission

17 april 2025 - 10:17:48
Washington, DC, US (PANA) - The dispute over the leadership of the Central Bank of Libya (CBL) last August and [...] Full text...

thread Economy

IMF mission, Ghanaian authorities reach staff-level agreement on Fourth Review of Extended Credit Facility

15 april 2025 - 10:08:02
Accra, Ghana (PANA) - An International Monetary Fund (IMF) staff team, led by Mr. Stéphane Roudet, Mission Chief for Ghana, and [...] Full text...

thread Economy

IMF Staff completes mission to Guinea Bissau

11 april 2025 - 13:14:43
Washington, D.C, US (PANA) - A staff team from the International Monetary Fund (IMF) led by Niko Hobdari visited Bissau [...] Full text...

thread Economy

Reshaping the agriculture and food sector for healthier diets: World Bank Blog by Natasha Hayward, Felipe F. Dizon, Elizabeth Ludwig-Borycz, and Dwi Sari Puspaningtyas

28 march 2025 - 12:15:51
Dakar, Senegal (PANA) - While hunger is making headlines, malnutrition continues to silently affect millions worldwide, undermining their physical and [...] Full text...

thread Agriculture

Burkina Faso's economy performed well in 2024, says government

20 march 2025 - 12:24:44
Ouagadougou, Burkina Faso (PANA) -The government of Burkina Faso announced on Wednesday that economic activity performed well in 2024, with [...] Full text...

thread Economy

ECA deplores Africa's debt overhang

17 march 2025 - 16:11:12
Cotonou, Benin (PANA) - The Executive Secretary of the Economic Commission for Africa (ECA), Claver Gatete, deplored Africa's debt overhang, [...] Full text...

thread Economy

Making fiscal policy more pro-poor in Africa: World Bank Blog By Abebe Adugna; Gabriela Inchauste and Hassan Zaman

17 march 2025 - 08:48:29
Dakar, Senegal (PANA) - Governments can do more to level the playing field through fair fiscal policies in Africa. In many [...] Full text...

thread Society

IMF Board completes review of Cong’s ECF arrangement

13 march 2025 - 09:49:10
Washington, DC, United States (PANA) – The International Monetary Fund (IMF) has completed the sixth and final review of the [...] Full text...

thread Economy

Ghana's President stresses self-reliance on 68th independence anniversary

06 march 2025 - 12:48:46
Accra, Ghana (PANA) - Ghana on Thursday marked her 68th independence anniversary with the President of the West African country, [...] Full text...

thread Politics

Anchoring macroeconomic stability through fiscal policy in Zimbabwe

27 february 2025 - 07:18:28
Harare, Zimbabwe (PANA) - The Government of Zimbabwe recently embarked upon an important set of reforms aimed to durably restore [...] Full text...

thread Economy

Invest in early childhood development to transform Uganda’s economy: WB report

24 february 2025 - 08:04:38
Kampala. Uganda (PANA) - Despite ongoing global challenges and geopolitical tensions, economic activ­ity in Uganda has remained robust. According to a [...] Full text...

thread Economy

New public finance review to help Eswatini improve fiscal policy for better development outcomes

19 february 2025 - 08:31:25
Mbabane, Ewatini (PANA) - The World Bank and the Government of Eswatini launched a new review highlighting ways to make [...] Full text...

thread Economy

IMF staff completes Staff-Monitored Programme discussion with Zimbabwe

14 february 2025 - 11:10:11
Harare, Zimbabwe (PANA) - Following the request for a Staff-Monitored Programme (SMP) by the Zimbabwe authorities in 2023, an International [...] Full text...

thread Economy

Ghana can pave the way for sustainable growth by focusing on long-term reforms: WBG report

13 february 2025 - 05:11:11
Accra, Ghana (PANA) - The World Bank Group’s latest Public Finance Review report, titled “Building the Foundations for a Resilient [...] Full text...

thread Economy

Cameroon gains some recovery as economic growth remains subdued

31 january 2025 - 11:35:46
Yaoundé, Cameroon (PANA) -  Cameroonian authorities and the International Monetary Fund (IMF) have reached a staff-level agreement on the seventh [...] Full text...

thread Economy

IMF approves US$1,729 million ECF, US$1,038 million RSF arrangements for DRC

16 january 2025 - 08:08:49
Washington, DC. United States (PANA) - The International Monetary Fund (IMF) approved on Wednesday a 38-month arrangement for The Democratic [...] Full text...

thread Economy

2024 financing report: Critical gaps exposed in food crisis funding

08 january 2025 - 05:06:02
Rome, Italy (PANA) - The 2024 Financing Flows and Food Crises report from the Global Network Against Food Crises – [...] Full text...

thread Agriculture

IMF Board completes fourth review of Zambia’s ECF arrangement

17 december 2024 - 08:14:08
Lusaka, Zambia (PANA) – Zambia has secured immediate access to US$ 184 million after the International Monetary Fund (IMF) Executive [...] Full text...

thread Economy

New WHO report reveals governments deprioritizing health spending

12 december 2024 - 14:33:38
Geneva, Switzerland (PANA) - The 2024 Global Heath Expenditure Report by the World Health Organization (WHO) shows that the average [...] Full text...

thread Health

African airlines expect better gains in operating profits in 2025, demand rises seen

11 december 2024 - 13:38:43
Nairobi, Kenya (PANA) - Demand for air travel in Africa is focused to increase in 2025 as airlines increase seats [...] Full text...

thread Economy

Chad’s economic recovery picks steam - IMF

10 december 2024 - 08:02:32
N’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

International organization warns against “alarming gap in humanitarian assistance” worldwide

04 december 2024 - 14:28:25
Port Sudan, Sudan (PANA) - An international humanitarian agency has strongly warned against what it described as an alarming  gap” [...] Full text...

thread Society

IMF Executive Board completes third review under the ECF arrangement with Ghana

03 december 2024 - 05:07:20
Washington, DC, US (PANA) - The Executive Board of the International Monetary Fund (IMF) on Monday completed the third review [...] Full text...

thread Economy

New report highlights need for sustained investment in infection prevention and control programmes

29 november 2024 - 20:34:03
Geneva, Switzerland (PANA) -  Nearly five years since COVID-19 was first reported, a new global report on infection prevention and [...] Full text...

thread Health

IMF mission concludes visit to Egypt on review of Extended Fund Facility

21 november 2024 - 08:47:30
Cairo, Egypt (PANA) – Egyptian authorities and the International Monetary Fund (IMF) staff have made “substantial progress” on policy discussions [...] Full text...

thread Economy

Debt burden stifles development spending in Africa's poorer countries

19 november 2024 - 15:44:43
Addis Ababa, Ethiopia (PANA) - Africa’s rising debt burden is eroding funding for sustainable development in poor countries, impacting heavily [...] Full text...

thread Economy

IMF reaches staff-level deal with DRC on ECF, RSF for US$ 1.77 billion

14 november 2024 - 08:35:29
Kinshasa, DR Congo (PANA) – Authorities in the Democratic Republic of Congo (DRC) and a mission of the International Monetary [...] 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 - 09:56:14
Washington DC, United States (PANA) – Countries are entering a critical phase in achieving the health Sustainable Development Goals (SDGs), [...] Full text...

thread Health

IMF issues preliminary statement on assessment of Congo’s financial stability

08 november 2024 - 08:16:18
Washington, DC, United States (PANA) - International Monetary Fund (IMF) staff is engaging with the Republic of Congo authorities to [...] Full text...

thread Economy

IMF, Guinea Bissau reach staff-level deal on review of ECF arrangement

08 november 2024 - 07:47:03
Bissau, 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 - 07:12:01
Washington, DC, US (PANA) - A staff team from the International Monetary Fund (IMF), led by Ms. Laura Jaramillo, has [...] Full text...

thread Economy

Rwanda’s economic growth among strongest in Sub-Saharan Africa: IMF

23 october 2024 - 08:51:42
Kigali, 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 - 09:42:53
Antananarivo, Madagascar (PANA) - Strengthening governance and accelerating reforms to bolster resilience to climate shocks and attract climate finance for [...] Full text...

thread Economy

IMF team assesses Senegal’s finance inspectorate reports

17 october 2024 - 12:26:35
Dakar, Senegal (PANA) - An International Monetary Fund (IMF) staff team has started assessing in Senegal the implications of the [...] Full text...

thread Economy

IMF staff completes 2024 Article IV Consultation Mission to Chad

16 october 2024 - 10:56:27
N’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

In plain view: Solutions to turbocharge the agrifood system transition: World Bank Blog By Sergiy Zorya, Joshua Gill, Alexandra Horst and Francis Addeah Darko

07 october 2024 - 07:17:30
Dar es Salaam, Tanzania (PANA) - Momentum is growing for real food systems change at a scale never seen before. [...] Full text...

thread Agriculture

IMF reaches Staff-Level Agreement with Ghana on Third Review of the Extended Credit Facility

04 october 2024 - 13:00:46
Accra, Ghana (PANA) - IMF staff and the Ghanaian authorities have reached staff-level agreement on economic policies and reforms to [...] Full text...

thread Economy

Working from home is powering productivity: IMF article by Nicholas Bloom

02 october 2024 - 05:39:32
Washington, DC, United States (PANA) - Economics is famous for being the dismal science. Sadly, recent work highlighting the slowdown [...] Full text...

thread Society

Subdued outlook constrains Eswatini’s ability to respond to social needs: IMF

01 october 2024 - 07:53:37
Mbabane, 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 - 05:55:54
Niamey, Niger (PANA) - Niger's economy is set to rebound after a year marked by an unprecedented political crisis. However, [...] Full text...

thread Economy

Island nations unite at UN: ‘Empty pledges’ will not save future generations

26 september 2024 - 06:08:18
New York, US (PANA) - As wars and crises dominate global headlines, leaders from small island developing States used the [...] Full text...

thread Environment

Morocco: Strengthening climate resilience to safeguard and grow coastal tourism jobs: World Bank Blog By Kanako Hasegawa and Ulrike Lehr

25 september 2024 - 08:28:46
Casablanca, Morocco (PANA) - The blue economy holds significant potential to create jobs. Across Africa, the blue economy already generates [...] Full text...

thread Environment

Guinea Economic Update: Natural resource management for development

20 september 2024 - 07:35:17
Conakry, Guinea (PANA) – Agriculture is pivotal for Guinea's structural transformation and climate resilience, serving as a cornerstone for inclusive [...] Full text...

thread Economy

Investing in healthy longevity could save 150 million lives: WB report

13 september 2024 - 09:24:35
Washington, DC, United States (PANA) - By 2050, one in three people will be over 60 years old. With bold [...] Full text...

thread Health

IMF Executive Board finds Botswana’s financial sector sound, stable, and resilient

11 september 2024 - 10:34:26
Gaborone, 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 - 08:18:23
Kampala, 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 - 12:36:43
Pretoria, 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 - 11:21:07
Washington, DC, United States (PANA) - The Executive Board of the International Monetary Fund (IMF) concluded the Post Financing Assessment [...] Full text...

thread Economy

Strengthening fiscal resilience in small states: World Bank Blog By Sam Hill and Jeetendra Khadan

04 september 2024 - 12:05:32
Washington DC, United states (PANA) - Small states, those with a population of 1.5 million or less, face significant fiscal [...] Full text...

thread Economy

IMF approves US$7.3 million disbursement to Guinea Bissau

29 august 2024 - 12:31:51
Bissau, Guinea Bissau (PANA) – The International Monetary Fund (IMF) has allowed an immediate disbursement of US$7.3 million to help [...] Full text...

thread Economy

Partnership in the water and sanitation sector brings hope to DR Congo: World Bank Blog By Saroj Kumar Jha, Nancy Eslick and David Tshilumba Mutombo

29 august 2024 - 11:11:22
Kinshasa, DR Congo (PANA) - In the Democratic Republic of Congo (DRC) many people have to walk to  rivers to [...] Full text...

thread Society

Bridging the financing gap: Achieving Education for All in Zambia: World Bank Blog By Samer Al-Samarrai, Girma Woldetsadik and Joseph Simumba

22 august 2024 - 07:46:56
Lusaka, Zambia (PANA) - The government of Zambia has laid out an ambitious plan to universalize primary and secondary education. [...] Full text...

thread Society

Maximising returns to human capital in Mauritania for increased wealth, shared prosperity

26 july 2024 - 11:20:08
Nouakchott, Mauritania (PANA) - The World Bank on Friday released the seventh edition of its Economic Update for Mauritania, which [...] Full text...

thread Economy

Eswatini’s growth stuck in 4.5 to 5.0 percent range in 2024: IMF

25 july 2024 - 11:09:11
Mbabane; Eswatini (PANA) – Eswatini’s economic growth is poised to remain in the 4.5 to 5.0 percent range in 2024 [...] Full text...

thread Economy

IMF management approves Staff Monitored Programme for Equatorial Guinea

25 july 2024 - 11:07:04
Washington, DC, United States (PANA) - Management of the International Monetary Fund (IMF) on Wednesday approved a 12-month non-financing Staff [...] Full text...

thread Economy

Malawi Economic Monitor calls for urgent, sustained reforms for faster, more inclusive growth

25 july 2024 - 07:40:09
Lilongwe, Malawi (PANA) - Malawi’s current economic difficulties require a combination of immediate response measures and urgent reforms to address [...] Full text...

thread Economy

European Council agrees its position on EU 2025 draft budget

17 july 2024 - 18:08:55
Brussels, Belgium (PANA) – The European Council on Wednesday reached an agreement on its position on the 2025 EU draft [...] Full text...

thread Economy

IMF Executive Board concludes 2024 Article IV consultation with Libya

12 july 2024 - 12:03:00
Tripoli, Libya (PANA) - Libya remains a fragile state trapped in political uncertainty, but the episodes of active conflict have [...] Full text...

thread Economy

World Bank launches Economic Update on Chad

09 july 2024 - 08:31:17
N’djamena, Chad (PANA) – Enhancing the economic inclusion of refugees necessitates acknowledging their economic contributions, according to the World Bank [...] Full text...

thread Economy

Preserving the Congo Basin forest: Game changer for Africa and the world: World Bank Blog By Cheick Fantamady Kanté

05 july 2024 - 07:16:34
Brazzaville, Congo (PANA) - As African leaders convene in Brazzaville to discuss the forest agenda, it is crucial to reflect [...] Full text...

thread Environment

IMF Executive Board completes second review under Extended Credit Facility Arrangement with Ghana

29 june 2024 - 05:32:55
Washington, 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 - 11:03:39
Harare, 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 - 13:58:38
Kampala, Uganda (PANA) - Economic activity in Uganda has remained resilient despite multiple successive shocks, with real gross domestic product [...] Full text...

thread Health

World Bank Group debars Ernst & Young LLP, Kenya

26 june 2024 - 18:15:04
Washington, USA (PANA) - The World Bank Group (WBG) announced on Wednesday a 30-month debarment of Kenya-based Ernst & Young [...] Full text...

thread Society

IMF/Guinea Bissau reach staff-level deal on 6th review of ECF arrangement

26 june 2024 - 09:24:52
Bissau, Guinea Bissau (PANA) – Guinea Bissau authorities and staff of the International Monetary Fund (IMF have reached a staff-level [...] Full text...

thread Economy

IMF completes second review of CAR’s ECF arrangement, approves US$25 million credit

25 june 2024 - 12:09:39
Bangui, CAR (PANA) – The International Monetary Fund (IMF) Executive Board on Monday completed the second review under the Extended [...] Full text...

thread Economy

Integrity and transparency of spending and security in Sub-Saharan Africa. Are they the missing links? World Bank Blog By Yousif Elmahdi and Gael Raballand

21 june 2024 - 13:22:23
Ouagadougou, Burkina Faso (PANA) - Security spending is on the rise in several regions in Sub-Saharan Africa. However, in contexts [...] Full text...

thread Society

Somalia expects 3.1 percent GDP growth, rebounding from drought and commodity price shocks

20 june 2024 - 17:41:57
Mogadishu, 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

UNICEF says most African countries not allocating enough budget to education

16 june 2024 - 13:07:18
Dakar, Senegal, (PANA) - The UN Children's Fund (UNICEF) says most African countries are not meeting their commitments to allocate [...] Full text...

thread Society

IMF team, Kenya reach staff-level deal on reviews of EFF, ECF arrangements

12 june 2024 - 10:21:16
Nairobi, Kenya (PANA) - Kenya’s economic growth recovered in 2023 with real GDP growing by 5.6 percent, supported by a [...] Full text...

thread Economy

Libya earns more than $9 billion in revenues -Prime Minister

10 june 2024 - 17:11:09
Tripoli, Libya (PANA) - The Libyan Prime Minister of the Government of National Unity, Abdulhamid Al Dbaiba, has stated that [...] Full text...

thread Politics

IMF reaches staff-level deal on third review of Zambia’s ECF

05 june 2024 - 13:52:47
Lusaka, Zambia (PANA) - The International Monetary Fund (IMF) and Zambia have reached a staff-level agreement on economic policies and [...] Full text...

thread Economy

IMF, Cameroon reach staff-level agreement on first review of ECF, RSF

04 june 2024 - 11:51:18
Yaoundé, Cameroon (PANA) - The International Monetary Fund (IMF) and the Cameroonian authorities have reached a staff-level agreement on the [...] Full text...

thread Economy

IMF Board concludes first review of ECF for Somalia

30 may 2024 - 10:06:36
Mogadishu, Somalia (PANA) – The International Monetary Fund (IMF) has allowed an immediate disbursement of US$10 million to Somalia to [...] Full text...

thread Economy

Congo, IMF staff reach deal on fifth review under ECF arrangement

30 may 2024 - 08:40:40
Brazzaville, Congo (PANA) – International Monetary Fund (IMF) staff has reached staff-level agreement on the Fifth Review of the Extended [...] Full text...

thread Economy

AfDB Group Annual Meetings hits Day 3 in Kenya

29 may 2024 - 08:52:22
Nairobi, Kenya (PANA) - Experts attending an African Development Bank High-level dialogue in Kenya have urged African nations to intensify [...] Full text...

thread Economy

European Council gives final approval to the ecodesign regulation

27 may 2024 - 11:50:29
Brussels, Belgium (PANA) – The European Council on Monday adopted the ecodesign regulation, which sets requirements for sustainable products. It replaces [...] Full text...

thread Economy

World Bank issues new update on the Palestinian economy

24 may 2024 - 07:42:58
Washington, DC, USA (PANA) – The World Bank has issued its latest update on The Impact of the Conflict in [...] Full text...

thread Economy

IMF Executive Board approves US$8.1 million disbursement for Guinea Bissau

14 may 2024 - 07:54:18
Washington, DC, US (PANA) - The Executive Board of the International Monetary Fund (IMF) on Monday completed the fourth and fifth [...] Full text...

thread Economy

IMF team, Cape Verde reach staff-level deal on ECF, RSF review

11 may 2024 - 08:20:24
Praia, Cape Verde (PANA) - An International Monetary Fund {IMF) team and the Cape Verdean authorities have reached staff-level agreement [...] Full text...

thread Economy

IMF team reaches staff-level deal with Mali on rapid credit

01 may 2024 - 09:26:17
Bamako, Mali (PANA) – International Monetary Fund (IMF) staff and the Malian authorities have reached a staff-level agreement on emergency [...] Full text...

thread Economy

Pioneering charter to drive up investment in Africa’s health workforce to be launched next month

29 april 2024 - 09:27:26
Brazzaville, Congo (PANA) – A pioneering health investment charter, a first for the African region, is set to be launched at [...] Full text...

thread Health

CAR struggles to stabilise economy against complex humanitarian crisis

21 april 2024 - 11:33:36
Bangui, Central African Republic (PANA) – The authorities in Central African Republic (CAR) and the International Monetary (IMF) staff have [...] Full text...

thread Economy

Volkswagen to invest $211 million to manufacture third model in South Africa

17 april 2024 - 10:36:57
Dar es Salaam, Tanzania (PANA) - Volkswagen Group Africa (VWA) will invest 4 billion rands (aproximately $211 million) in its [...] Full text...

thread Economy

HRW says COVID pandemic data reveals threats, opportunities to improve health systems

12 april 2024 - 11:27:22
Washington, DC, US (PANA) – New data from the World Health Organisation (WHO) shows that many governments around the world [...] Full text...

thread Health

Libya rakes in nearly $6 billion in revenues for 1st quarter of 2024

09 april 2024 - 14:07:54
Tripoli, Libya (PANA) - Liya earned a total of 23.8 billion dinars (around 5.96 billion US dollars) in revenue in [...] Full text...

thread Economy

Nearly CFAF 100 billion mobilized in contributions to combat terrorism in Burkina Faso

26 march 2024 - 16:44:17
Ouagadougou, Burkina Faso (PANA) - As of 31 December 2023, the Patriotic Support Fund (FSP) in Burkina Faso had received [...] Full text...

thread Society

Achieving demographic dividend in Tanzania for economic growth: World Bank Blog By Nathan Belete

19 march 2024 - 06:41:57
Dodoma, Tanzania (PANA) - Fatuma was married at age 15 and had her first child, Hadija, after a year, causing [...] Full text...

thread Society

Libya should increase oil production to 2 million b/d: PM

18 march 2024 - 17:37:05
Tripoli, Libya (PANA) - The Libyan Prime Minister who is alao the Chairman of the Supreme Council for Energy and [...] Full text...

thread Economy

IMF reaches staff-level deal with Guinea Bissau on ECF reviews

12 march 2024 - 16:58:47
Bissau, Guinea Bissau (PANA) – Authorities in Guinea Bissau face important near-term risks, including policy implementation challenges stemming from a [...] Full text...

thread Economy

IMF staff complete deal on first review of Somalia’s ECF arrangement

09 march 2024 - 08:00:52
Mogadishu, Somalia (PANA) - Somalia’s economic growth is expected to strengthen in 2024 supported by continued recovery in agriculture, remittances, [...] Full text...

thread Economy

African finance ministers call for global financial systems reform to favour development

07 march 2024 - 14:45:10
Victoria Falls, Zimbabwe (PANA) - African countries should with one voice, advocate for the reform of the global financial architecture [...] Full text...

thread Economy

IMF approves US$120 million credit for Uganda’s recovery from recent shocks

07 march 2024 - 07:20:36
Kampala, Uganda (PANA) - The Executive Board of the International Monetary Fund (IMF) on Wednesday completed the fifth review of [...] Full text...

thread Economy

Libya generates nearly $3 billion in revenues in January and February this year

06 march 2024 - 17:03:32
Tripoli, Libya (PANA) - Libya generated a total of 14.3 billion dinars (around 2.97 billion US dollars) in revenue over [...] Full text...

thread Economy

New Malawi Economic Monitor calls for commitment to economic reforms to sustain emerging recovery

27 february 2024 - 07:59:36
Lilongwe, Malawi (PANA)  – Malawi’s medium-term growth outlook is improving because of bold reforms undertaken by the government in 2023 [...] Full text...

thread Economy

IMF staff, government officials discuss Zimbabwe’s governance, growth prospects

15 february 2024 - 08:04:51
Harare, Zimbabwe (PANA) - Economic activity in Zimbabwe continues to show resilience in the face of currency instability and high [...] Full text...

thread Economy

Israel-Gaza crisis: Gaza economic recovery could take decades: UN report

01 february 2024 - 05:26:53
Geneva, Switzerland (PANA) - The war in Gaza has resulted in an unprecedented level of destruction to its economy which [...] Full text...

thread Economy

Senior Libyan officials meet to discuss government expenditure controls for 2024

26 january 2024 - 14:13:56
Tripoli, Libya (PANA) - A meeting of senior Libyan officials here Thursday was devoted to monitoring the expenditure of the [...] Full text...

thread Economy

IMF approves second tranche of US$600 million for Ghana under ECF arrangement

19 january 2024 - 19:53:26
Washington, DC, US (PANA) - The International Monetary Fund (IMF) has approved the second tranche of US$600 million for Ghana, [...] Full text...

thread Economy

Libya earns more than 26 billion in revenues in 2023

15 january 2024 - 19:21:28
Tripoli, Libya (PANA) - Libya earned a total of 126.3 billion dinars (around 26.38 billion US dollars) in public revenue [...] Full text...

thread Economy

Nigeria's President slashes entourage on local, foreign trips by 60%

10 january 2024 - 06:19:31
Abuja, Nigeria (PANA) – President Bola Ahmed Tinubu on Tuesday approved cost-cutting measures, slashing the entourage and expenditure on all [...] Full text...

thread Society

Libyan PM deplores delay in resolving issue of alternatives to fuel subsidies

09 january 2024 - 14:51:52
Tripoli, Libya (PANA) - The Libyan prime minister of the Government of National Unity, Abdulhamid al Dbaiba, has stated that [...] Full text...

thread Economy

Natural gas accelerates Mozambique economic recovery: IMF

09 january 2024 - 07:38:01
Maputo, Mozambique (PANA) - The Executive Board of the International Monetary Fund (IMF) has allowed Mozambique immediate access to US$60.7 [...] Full text...

thread Economy

Libya earns more than $26 billion in revenues in 2023 - Central Bank

08 january 2024 - 11:25:40
Tripoli, Libya (PANA) - Libya earmed 125.911 billion dinars (about $26.23 billion) in public revenue for the period from 1 [...] Full text...

thread Economy

IMF concludes first reviews of Mauritania’s progress under EFF/ECF arrangements

20 december 2023 - 08:20:39
Nouakchott, Mauritania (PANA) - The International Monetary Fund (IMF) Executive Board has announced completion of the first reviews under the [...] Full text...

thread Economy

IMF approves US$100 million under new ECF arrangement for Somalia

20 december 2023 - 08:06:51
Mogadishu, Somalia (PANA) – The International Monetary Fund (IMF} Board on Tuesday approved a new 36-month Extended Credit Facility (ECF) [...] Full text...

thread Economy

DRC growth resilient amid challenging socioeconomic, security environment: IMF

15 december 2023 - 11:40:49
Kinshasa, DR Congo (PANA) - While economic growth of the Democratic Republic of Congo (DRC) remains resilient, fiscal, depreciation and [...] Full text...

thread Economy

IMF, World Bank announce US$4.5 billion in debt relief for Somalia

14 december 2023 - 06:24:27
Washington DC, USA (PANA) - The Executive Boards of the International Monetary Fund (IMF) and the World Bank’s International Development [...] Full text...

thread Economy

Kenya secures support to further strengthen transparency in public finance management

13 december 2023 - 07:34:20
Nairobi, Kenya (PANA) — Kenya’s 485 ministries, departments, and agencies, as well as 240,000 registered firms, and 18 million citizens [...] Full text...

thread Economy

Benin adopts budget of over CFAF 3,000 billion for 2024

11 december 2023 - 10:46:40
Cotonou, Benin (PANA) - Benin's National Assembly has adopted the country's budget for the 2024 financial year, which balances out [...] Full text...

thread Economy

Libya earns more than $22 billion in revenues since beginning of 2023 - BCL

06 december 2023 - 13:59:39
Tripoli, Libya (PANA) - A total of 110,498 million dinars or around 22.87 billion US dollars in public revenue was [...] Full text...

thread Economy

UNICEF: 1 in 5 children in world’s richest countries living in poverty

06 december 2023 - 06:46:44
New York, US (PANA) - A sharp rise in child poverty was registered across 40 of the world’s richest countries between [...] Full text...

thread Society

IMF approves US$12.3 million support disbursement to Seychelles

05 december 2023 - 08:24:05
Victoria, Seychelles (PANA) - The IMF Executive Board on Monday completed the first reviews of the Seychelles Extended Arrangement under [...] Full text...

thread Economy

Gambian economy continues its strong recovery-Governor Saidy

30 november 2023 - 18:27:54
Banjul, Gambia (PANA) - Buah Saidy, Governor of the Central Bank of The Gambia, has stated that the Gambian economy [...] Full text...

thread Economy

Somalia’s economy resilient amid climatic and global shocks: WB report

30 november 2023 - 14:12:22
Mogadishu, Somalia (PANA) - Recurrent shocks, including a prolonged 2020/23 drought, disrupted Somalia's growth, devastating crops, livestock, and exports. Many fled [...] Full text...

thread Economy

IMF Executive Board approves US$8.2 million disbursement to Guinea-Bissau

30 november 2023 - 09:31:31
Bissau, Guinea Bissau (PANA) – The International Monetary Fund (IMF) Executive Board has decided on an immediate disbursement of US$8.23 [...] Full text...

thread Economy

Conflict, external shocks amplify obstacles to economic development of the Sahel and CAR

17 november 2023 - 08:58:48
Ouagadougou, Burkina Faso (PANA) - Countries in the Sahel comprising Burkina Faso, Chad, Mali, Mauritania, and Niger, along with neighbouring [...] Full text...

thread Economy

IMF, Kenya reach staff-level deal on economic policies

17 november 2023 - 08:57:24
Nairobi, Kenya (PANA) - Kenyan authorities and the International Monetary Fund (IMF) staff have reached staff-level agreement on economic policies [...] Full text...

thread Economy

Policy slippages, external shocks, high inflation compound vulnerabilities in Sierra Leone

07 november 2023 - 08:25:42
Freetown, Sierra Leone (PANA) - External shocks and policy slippages in recent years contributed to Sierra Leone’s macroeconomic imbalances, including [...] Full text...

thread Economy

IMF, Rwanda reach staff-level deal on policy coordination instrument

31 october 2023 - 18:27:32
Kigali, Rwanda (PANA) - Rwanda’s economy registered strong post-pandemic growth, though it was accompanied by domestic and external imbalances including [...] Full text...

thread Economy

General Assembly of African Blind Union held in Rabat

30 october 2023 - 17:40:54
Rabat, Morocco (PANA) - The African Blind Union (AFUB) approved its financial and organizational reports on Sunday in Rabat as [...] Full text...

thread Society

Realising Nigeria’s economic potential requires a stronger focus on women farmers: World Bank Blog By Abhilasha Sahay and Amy Geist

26 october 2023 - 12:08:14
Abuja, Nigeria (PANA) - Unequal public investment in women and men is perpetuating gender inequality in Nigeria, which continues to [...] Full text...

thread Agriculture

Zimbabwe requires strong reform efforts to prop up post-COVID economic recovery: IMF

26 october 2023 - 06:49:50
Harare, Zimbabwe (PANA) - Zimbabwe’s economy has continued its post-COVID recovery, but enhancing its longer-term growth potential would require strong [...] Full text...

thread Economy

Impact of monetary, fiscal policy uncertainty on the global economy: World Bank Blog by Senior Economist Franz Ulrich Ruch and Economics Professor Haroon Mumtaz of Queen Mary University, London

15 october 2023 - 12:43:14
Washington DC, United States (PANA) - In response to the COVID-19 pandemic, policy makers across the globe unleashed unprecedented amounts [...] Full text...

thread Economy

New WB report identifies reforms to address fiscal challenges to inclusive growth in Comoros

08 october 2023 - 13:59:02
Moroni, Comoros (PANA) -  The World Bank says that, for Comoros to have a fiscal policy that achieves inclusive growth, [...] Full text...

thread Economy

Decline in oil output likely to upset Equatorial Guinea’s recovery prospects

07 october 2023 - 09:38:44
Malabo, Equatorial Guinea (PANA) - Economic indicators in 2022 registered improvements after a long recession in Equatorial Guinea as real [...] Full text...

thread Economy

Niger's Prime Minister visits Mali to strengthen cooperation

06 october 2023 - 15:14:21
Bamako, Mali (PANA) - The prime minister of Niger, Lamine Zeine Ali Mahaman, was received Thursday at the presidential palace [...] Full text...

thread Politics

IMF staff, Guinea Bissau reach staff-level deal on extended credit facility arrangement

04 october 2023 - 07:37:47
Bissau, Guinea Bissau (PANA) – The International Monetary Fund (IMF) staff and the Guinea Bissau authorities have reached a staff-level [...] Full text...

thread Economy

Burkina Faso secures US$302 million under IMF credit arrangement

22 september 2023 - 16:30:08
Washington, DC, US (PANA) -  The Executive Board of the International Monetary Fund (IMF) has approved a 48-month arrangement under [...] Full text...

thread Economy

IMF completes staff-level deal with Somalia on review under Extended Credit Facility

22 september 2023 - 16:19:08
Mogadishu, Somalia (PANA) - An International Monetary Fund (IMF) team has reached a staff-level agreement on the sixth review under [...] Full text...

thread Economy

ADF approves US$20 million to improve business environment, drive investments to climate-smart agriculture in Mozambique

19 september 2023 - 06:58:26
Abidjan, Cote d'Ivoire (PANA) - The Board of Directors of the African Development Fund (ADF), the African Development Bank Group’s [...] Full text...

thread Economy

UNESCO says 250 million children now out of school

18 september 2023 - 17:28:08
Paris, France (PANA) - The number of children missing out on any schooling has increased by six million, bringing the [...] Full text...

thread Society

Botswana registers strong recovery, plans fiscal expansion in 2023

31 august 2023 - 16:41:59
Gaborone, Botswana (PANA) - Botswana’s growth is expected to slow to 3.8 per cent in 2023 due to a projected [...] Full text...

thread Economy

Guinea-Bissau secures US$3.15 million under IMF’s credit facility

31 august 2023 - 07:52:01
Bissau, Guinea-Bissau (PANA) - The Executive Board of the International Monetary Fund (IMF) on Thursday completed the second review under [...] Full text...

thread Economy

UN pushes disarmament talks amid fears that drums of nuclear war are beating again

06 august 2023 - 07:34:37
New York, US (PANA) - As United Nations-led talks on nuclear disarmament continued in Geneva, New York and Vienna, UN [...] Full text...

thread Society

AfDB VP tours Export Trade Group in southern Africa

03 august 2023 - 09:55:15
Abidjan, Cote d'Ivoire (PANA) - The Vice President of the African Development Bank (AfDB) Group, Solomon Quaynor, has concluded a [...] Full text...

thread Agriculture

IMF Executive Board concludes 2023 Article IV Consultation with Lesotho

20 july 2023 - 13:38:01
Washington, DC, US (PANA) – Lesotho’s economy continues to face a number of challenges in the wake of the pandemic [...] Full text...

thread Economy

Ghana’s economy expected to recover its potential by 2025: World Bank report

19 july 2023 - 15:58:42
Accra, Ghana (PANA) - A combination of domestic imbalances and external shocks in 2022 led to macroeconomic challenges in Ghana [...] Full text...

thread Economy

Slump in diamond production hits Botswana’s growth in 2023

15 july 2023 - 09:00:33
Gaborone, Botswana (PANA) - Botswana’s growth is expected to slow from 5.8 per cent in 2022 to 3.8 per cent [...] Full text...

thread Economy

CAF announces significant increase in commercial revenues

13 july 2023 - 15:33:01
Abidjan, Cote d’Ivoire (PANA) - CAF on Thursday posted commercial revenues of US$125.2 million - a 17% year on year [...] Full text...

thread Sports

Rwanda maintains strong growth momentum in early 2023

11 july 2023 - 19:06:35
Kigali, Rwanda (PANA) - Rwanda’s economy grew by 9.2% in the first quarter of 2023, following 8.2% growth in 2022, [...] Full text...

thread Economy

UN mission in Libya throws weight behind establishment of financial oversight committee

08 july 2023 - 16:48:50
Tripoli, Libya (PANA) - The UN Support Mission in Libya (UNSMIL) on Saturday welcomed the decision announced by the Presidential [...] Full text...

thread Economy

Libya earns more than $10 billion in first half of 2023

07 july 2023 - 13:07:47
Tripoli, Libya (PANA) - Libya earned about US$10.29 (49.5 billion dinars) during the first half of 2023, the Central Bank [...] Full text...

thread Economy

Libyan PM, Central Bank Governor assess govt spending for 2023

05 july 2023 - 11:55:51
Tripoli, Libya (PANA) - A meeting between the Libyan Prime Minister, Abdelhamid al-Dbaiba, and the Governor of the Central Bank [...] Full text...

thread Economy

Transparency in public spending, distribution of oil revenues to regions, a government priority - Al-Dbaiba

03 july 2023 - 17:29:29
Tripoli, Libya (PANA) - Libyan Prime Minister Abdelhamid Al-Dbaiba has stressed that the government of national unity attaches importance to [...] Full text...

thread Economy

IMF, Burkina Faso reach staff-level deal on economic reforms

01 july 2023 - 09:22:07
Ouagadougou, Burkina Faso (PANA) – The International Monetary Fund (IMF) staff and the Burkinabè authorities have reached staff-level agreement on [...] Full text...

thread Economy

More than 63,000 pensioners in Mali undergo physical check for fraud

22 june 2023 - 14:58:55
Bamako, Mali (PANA) - The Malian Social Security Fund (CMSS), which is responsible for managing pension beneficiaries in Mali, has [...] Full text...

thread Society

Niger: Strong agricultural season boosts economic rebound in 2022

19 june 2023 - 17:58:40
Niamey, Niger (PANA) - After two years of weak growth, Niger's economy recovered strongly in 2022 primarily due to a [...] Full text...

thread Economy

World Bank to release $150 million to mobilize resources in Benin

17 june 2023 - 15:56:10
Cotonou, Benin (PANA) - The World Bank's International Development Association (IDA) is to release $150 million to help Benin increase [...] Full text...

thread Economy

Better mobilisation of resources to finance public services in Benin

16 june 2023 - 08:30:09
Cotonou, Benin (PANA) - The World Bank has approved $150 million in financing from the International Development Association (IDA) to [...] Full text...

thread Economy

Peace deal in Ethiopia leads to increased Djibouti port activity

16 june 2023 - 08:28:08
Djibouti, Djibouti (PANA) - The recent peace agreement in Ethiopia, Djibouti’s main trade partner, has resulted in an increase in [...] Full text...

thread Economy

Libyan Oil Budget Monitoring Committee meets on recommendations of Supreme Council for Energy Affairs

14 june 2023 - 14:27:58
Tripoli, Libya (PANA) - The government's Extraordinary Oil Budget Monitoring Committee met here Wednesday to follow up results of the [...] Full text...

thread Politics

Tanzania earns ‘B+’ rating for strong economic growth

13 june 2023 - 11:07:29
Dar es Salaam, Tanzania (PANA) - Credit rating agency Fitch Ratings has assigned Tanzania a ‘B+’ long-term Foreign-Currency Issuer Default [...] Full text...

thread Economy

Libya generates $3.23 billion surplus between revenues and expenditure since beginning of 2023

09 june 2023 - 13:58:48
Tripoli, Libya (PANA) - Libya realized a total of 47.7 billion dinars ( 9.87 billion US dollars) in revenue since [...] Full text...

thread Economy

WHO and the Global Fund announce commitment for enhanced collaboration

08 june 2023 - 15:57:51
Geneva, Switzerland (PANA) -  The World Health Organization (WHO) and the Global Fund to Fight AIDS, Tuberculosis and Malaria (the [...] Full text...

thread Health

Mauritius to offer full costs of cancer care and treatment for children in foreign hospitals

05 june 2023 - 19:12:36
Port-Louis, Mauritius (PANA)  - The Minister of Finance, Economic Planning and Development, Renganaden Padayachy, on Monday announced in his presentation [...] Full text...

thread Economy

IMF Executive Board approves US$3 billion Extended Credit Facility Arrangement for Ghana

18 may 2023 - 05:51:02
Washington, DC, US (PANA) - The Executive Board of the International Monetary Fund (IMF) on Wednesday approved for Ghana a [...] Full text...

thread Economy

Cape Verde faces uncertain outlook as demand on tourism drops

10 may 2023 - 10:45:30
Praia, Cape Verde (PANA) – Cape Verde’s economic outlook is uncertain as downside risks could emanate from weakened external demand [...] Full text...

thread Economy

$1.47 billion surplus achieved by Libya in first four months of 2023

08 may 2023 - 17:47:40
Tripoli, Libya (PANA) - A total of 31.9 billion dinars (approximately US$6.71 billion) represented Libya’s total revenues in the first [...] Full text...

thread Economy

Officials discuss Government spending for 2023 and assistance to universities

16 april 2023 - 16:52:31
Tripoli, Libya (PANA) - Libyan Prime Minister of the Government of National Unity, Abdelhamid Al-Dbaiba, held an extended meeting at [...] Full text...

thread Society

Burundian state imposes rigour in management of public funds

08 april 2023 - 19:50:58
Bujumbura, Burundi (PANA) - The economic highlight of the week that is drawing to a close was the referral to [...] Full text...

thread Politics

Libya rakes in more than US$5 billion in revenue since beginning of 2023

07 april 2023 - 15:58:29
Tripoli, Libya (PANA) - A total of 26 billion dinars (US$5.46 billion) in revenues were made by Libya from the [...] Full text...

thread Economy

Fiscal policy can help tame inflation, protect the most vulnerable: IMF Blog

03 april 2023 - 17:35:34
Washington, DC, US (PANA) - High inflation can impose serious and lasting costs on the economy and people. But the [...] Full text...

thread Economy

South Africa unlocking brighter futures through investment in Early Childhood Development

31 march 2023 - 08:47:37
Pretoria, South Africa (PANA) - The World Bank and South Africa’s Department of Basic Education on Thursday jointly launched the [...] Full text...

thread Society

IMF approves US$80.77 million in emergency financing support to Burkina Faso

28 march 2023 - 09:59:20
Washington, DC, US (PANA) - The Executive Board of the International Monetary Fund (IMF) has approved a disbursement of US$80.77 [...] Full text...

thread Economy

Guinea Bissau to obtain US$ 3.16 million under ECF deal with IMF

21 march 2023 - 09:17:16
Bissau, Guinea Bissau (PANA) – Sustained political stability will be critical to support economic growth and reforms in Guinea Bissau, [...] Full text...

thread Economy

IMF acknowledges Somalia’s performance under persistent, severe food crisis

21 march 2023 - 06:41:10
Mogadishu, Somalia (PANA) - Despite significant challenges, including from the continued severe food crisis, Somalia has maintained strong reform momentum [...] Full text...

thread Economy

CBL-IMF consultations end on need for Libya to diversify its sources of income

18 march 2023 - 07:59:47
Tripoli, Libya (PANA) - The Governor of the Bank of Libya (CBL), Al-Seddik Omar al-Kebir, concluded on Friday in the [...] Full text...

thread Economy

Gambian President emphasises positive role of education

15 march 2023 - 10:46:42
Banjul, Gambia (PANA) – Gambian President Adama Barrow has emphasised that education is a positive and strong contributor to the [...] Full text...

thread Society