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Gambia’s Central Bank governor elected president of African central banks

06 august 2022 - 10:38:54
Banjul, Gambia (PANA) – Gambia's Central Bank Governor, Mr. Buah Saidy, has been unanimously elected as the new president of [...] Full text...

thread Economy

Risks to economic recovery from pandemic remain- IMF official

04 august 2022 - 17:37:34
Banjul, Gambia (PANA) - Mamadou D. Barry, IMF Resident Representative for The Gambia, has emphasized that the risks to the [...] Full text...

thread Economy

IMF chief welcomes creditor committee call for Zambia

31 july 2022 - 11:21:43
Lusaka, Zambia (PANA) - International Monetary Fund (IMF) Managing Director, Ms. Kristalina Georgieva, has endorsed the call by the Official [...] Full text...

thread Economy

IMF points to risks in Equatorial Guinea’s recovery, food insecurity

30 july 2022 - 10:05:46
Washington, DC, US (PANA) - Equatorial Guinea’s economy is slowly emerging from the ravages of the coronavirus (COVID-19) pandemic and [...] Full text...

thread Economy

French President signs cooperation protocol to bolster job creation in Benin

28 july 2022 - 15:14:28
Cotonou, Benin (PANA) – French President Emmanuel Macron has witnessed the signing of 11 bilateral agreements with the Beninese government [...] Full text...

thread Economy

Botswana’s output recovers to pre-pandemic level

28 july 2022 - 06:16:02
Gaborone, Botswana (PANA) - A successful vaccination campaign, prudent management, and strong demand for diamonds have allowed Botswana to recover [...] Full text...

thread Economy

IMF says outlook of global economy worsens as global recession looms

26 july 2022 - 20:18:45
Washington, DC, US (PANA) - Still reeling from the COVID pandemic and Russia’s invasion of Ukraine, the global economy is [...] Full text...

thread Economy

Cameroon’s economic outlook for 2022 remains positive despite ‘great uncertainties’ - IMF

26 july 2022 - 07:30:17
Yaoundé, Cameroon (PANA) – The Executive Board of the International Monetary Fund (IMF) has concluded the Second Reviews of the [...] Full text...

thread Economy

IMF approves first Gender Strategy

23 july 2022 - 06:37:26
Washington, DC, US (PANA) – The Executive Board of the International Monetary Fund (IMF) has approved the IMF’s first Gender [...] Full text...

thread Gender

IMF nods approval of Burundi's policy measures

22 july 2022 - 14:45:23
Bujumbura, Burundi (PANA) - The International Monetary Fund (IMF) announced on Friday its approval of Burundi’s policy response to the [...] Full text...

thread Economy

IMF welcomes Tunisian officials’ openness on economic reform

20 july 2022 - 09:36:27
Tunis, Tunisia (PANA) - Tunisian authorities and staff of the International Monetary Fund (IMF) have made "good progress" on the [...] Full text...

thread Economy

Chad implements IMF’s Enhanced General Data Dissemination System

19 july 2022 - 10:51:59
N'djamena, Chad (PANA) - Chad has implemented the recommendations of the International Monetary Fund (IMF) on Enhanced General Data Dissemination [...] Full text...

thread Economy

IMF Executive Board allows US$235.6 million disbursement to Kenya

19 july 2022 - 10:46:08
Nairobi, Kenya (PANA} – Kenya has secured access to US$235.6 million under the Extended Credit Facility (ECF) and the Extended [...] Full text...

thread Economy

IMF approves US$1,046.4 million ECF arrangement for Tanzania

19 july 2022 - 09:24:13
Dar es Salaam, Tanzania (PANA) – The International Monetary Fund (IMF) Board has approved a US$1,046.4 million Extended Credit Facility [...] Full text...

thread Economy

Ghana facing 'challenging economic, social situation', says IMF

13 july 2022 - 19:51:02
Accra, Ghana (PANA) - An International Monetary Fund (IMF) staff team said on Wednesday that Ghana is facing a challenging [...] Full text...

thread Economy

IMF, Ghana authorities discuss proposed Fund support programme

06 july 2022 - 06:35:18
Accra, Ghana (PANA) - An International Monetary Fund (IMF) staff team, led by Carlo Sdralevich, has arrived in Accra to [...] Full text...

thread Economy

Tunisia starts negotiations with IMF for US$4 billion credit

04 july 2022 - 20:24:03
Tunis, Tunisia (PANA) - The Tunisian Minister of Economy and Planning, Samir Said, on Monday announced the official start of [...] Full text...

thread Economy

Ghana teacher unions embark on strike to demand cost of living allowance

04 july 2022 - 13:11:31
Accra, Ghana (PANA) - Four Ghanaian teacher unions on Monday began an indefinite nationwide strike over demands for the payment [...] Full text...

thread Society

IMF team to begin talks with Ghana government officials on economic programme

04 july 2022 - 06:06:31
Accra, Ghana (PANA) - A delegation from the International Monetary Fund (IMF) is expected in Ghana this week as the [...] Full text...

thread Economy

Ghana heads to IMF for economic support as economy deteriorates

01 july 2022 - 12:50:33
Accra, Ghana (PANA) - Ghana is heading to the International Monetary Fund (IMF) for economic support, as President Akufo-Addo directs the Finance [...] Full text...

thread Economy

Greenhouse emissions rise to record, erasing drop during pandemic - IMF

01 july 2022 - 07:08:06
Dar es Salaam, Tanzania (PANA) - Emissions of carbon dioxide and other greenhouse gases plunged 4.6 percent in 2020, as [...] Full text...

thread Environment

Seychelles' economy strongly recovered in 2021, GDP growth above expectations - IMF

30 june 2022 - 09:26:28
Washington DC, US (PANA) – Seychelles has secured US$8.7 million from the International Monetary Fund (IMF) after the Executive Board [...] Full text...

thread Economy

Russia-Ukraine war compounds pandemic challenges, inflationary pressures in Rwanda

24 june 2022 - 08:03:15
Kigali, Rwanda (PANA) – Rwanda’s real GDP growth rebounded strongly to 10.9 percent in 2021, but spillovers from the war [...] Full text...

thread Economy

Sub-Saharan Africa reveals lessons for governance - IMF Country Focus

24 june 2022 - 07:21:39
Washington, DC, US (PANA) - Countries in Sub-Saharan Africa have made important strides in tackling corruption, with some outperforming emerging [...] Full text...

thread Society

IMF official urges Tunisia to contain excessive wage bill

23 june 2022 - 09:31:14
Tunis, Tunisia (PANA) – Tunisia needs to urgently tackle its fiscal imbalances by improving tax equity, containing the large civil [...] Full text...

thread Economy

IMF releases US$215.78 million to prop up Senegal’s growth

23 june 2022 - 09:00:32
Washington, DC, US (PANA) - The International Monetary Fund (IMF) has approved the immediate release of US$215.78 million to Senegal [...] Full text...

thread Economy

Gambia's economic performance in April launched

22 june 2022 - 12:13:22
Banjul, Gambia (PANA) - The International Monetary Fund (IMF) Resident Representative in the Gambia, in collaboration with the Ministry of [...] Full text...

thread Economy

IMF staff mission discusses reform plans, economic developments in Ethiopia

22 june 2022 - 10:24:20
Addis Ababa, Ethiopia (PANA) - Multiple shocks hitting the Ethiopian economy have dampened growth, further increased inflation and created fiscal [...] Full text...

thread Economy

IMF appreciates Somalia’s progress on macroeconomic stability

21 june 2022 - 10:46:50
Mogadishu, Somalia (PANA) - The Executive Board of the International Monetary Fund (IMF) has approved immediate disbursement of US$18.8 million [...] Full text...

thread Economy

IMF mission discuses economic developments in Djibouti with authorities

19 june 2022 - 10:44:46
Washington DC, US (PANA) - An International Monetary Fund (IMF) team led by Brett Rayner visited Djibouti from 12–16 June with [...] Full text...

thread Economy

Guinean junta leader unhappy with implementation of development of the Simandou iron ore deposit project

18 june 2022 - 14:17:18
Conakry, Guinée (PANA) - The president of the transition in Mali, Colonel Mamadi Doumbouya, Friday expressed regret about "the gap" [...] Full text...

thread Economy

Public sector workers embark on strike in Tunisia

16 june 2022 - 14:35:05
Tunis, Tunisia (PANA) - Public sector workers on Thursday embarked on a general strike which paralyzed vital activities of the [...] Full text...

thread Social

IMF approves package to mitigate impact of COVID-19 pandemic in Cabo Verde

16 june 2022 - 08:02:23
Washington, DC, US (PANA) - The International Monetary Fund (IMF) on Wednesday approved a 36-month arrangement of US$ 60 million [...] Full text...

thread Economy

IMF mission reports rising inflation in Nigeria despite broadening GDP growth

16 june 2022 - 06:23:40
Abuja, Nigeria (PANA) – Nigeria’s real GDP growth is broadening to all sectors except oil, but inflation remains elevated, according [...] Full text...

thread Economy

IMF helps Gambia meet Ukraine-Russian war repercussions

11 june 2022 - 11:05:57
Banjul, Gambia (PANA) - The Executive Board of the International Monetary Fund (IMF) on Friday completed the fourth review under [...] Full text...

thread Economy

IMF staff team notes resilience in Guinea's mining sector

11 june 2022 - 08:18:19
Conakry, Guinea (PANA) - An International Monetary Fund (IMF) staff team has completed a week-long visit to Guinea, observing that [...] Full text...

thread Economy

IMF, Tanzania reach staff-level deal on $1.071 billion credit for economic recovery

10 june 2022 - 07:21:01
Dar es Salaam, Tanzania (PANA) - A staff team from the International Monetary Fund (IMF) has reached an agreement with [...] Full text...

thread Economy

IMF team concludes ‘Governance Diagnostic Assessment Mission’ to Mauritania

09 june 2022 - 07:56:12
Nouakchott, Mauritania (PANA) – The International Monetary Fund (IMF) and Mauritania have expressed recognition of the important steps recently taken [...] Full text...

thread Society

IMF team checks on Sierra Leone’s economic recovery from COVID-19 pandemic

08 june 2022 - 07:05:12
Freetown, Sierra Leone (PANA) – Sierra Leone is set to secure US$20.8 million financial support from the International Monetary Fund [...] Full text...

thread Economy

IMF staff note key priorities as South Africa emerges from pandemic-induced contraction

08 june 2022 - 05:52:59
Pretoria, South Africa (PANA) – As South Africa’s economy emerges from the pandemic-induced contraction, it is benefiting from favourable commodity [...] Full text...

thread Economy

IMF staff, Malawi discuss four-year Extended Credit Facility arrangement

06 june 2022 - 09:52:59
Washington, DC, US (PANA) – An International Monetary Fund (IMF) team and the Malawi authorities have discussed the request of the [...] Full text...

thread Economy

High demand, prices for diamond raise prospects for Botswana’s recovery

01 june 2022 - 06:38:41
Gaborone, Botswana (PANA) - Prolonged sanctions against Russia, the largest rough diamond producer, could increase demand for and prices of [...] Full text...

thread Economy

IMF Executive Board approves Extended Credit Facility for Somalia by three months

25 may 2022 - 09:35:31
Washington, DC, US (PANA) - The Executive Board of the International Monetary Fund (IMF) has approved a three-month extension of [...] Full text...

thread Economy

Gabon's economy 'gradually recovering' from 2020 recession: IMF

21 may 2022 - 05:50:37
Washington, DC, US (PANA) - The Gabonese economy is gradually recovering from the 2020 recession owing to the efforts undertaken to [...] Full text...

thread Economy

IMF team, Senegal agree economic, financial policies

20 may 2022 - 06:51:32
Washington, DC, US (PANA) - A team from the International Monetary Fund (IMF) has reached a staff-level agreement with the Senegalese [...] Full text...

thread Economy

IMF calls for 'timely support' from Somalia's partners to implement reform strategy

20 may 2022 - 06:10:04
Washington, DC, US (PANA) - The International Monetary Fund (IMF) has stressed that timely support from development partners of Somalia, [...] Full text...

thread Economy

IMF team, Niger reach staff level agreement

18 may 2022 - 07:02:25
Washington, DC, US (PANA) - An International Monetary Fund (IMF) team and the Niger government have reached a staff-level agreement which would [...] Full text...

thread Economy

54th Conference of African Ministers of Finance, Planning and Economic Development begins in Dakar

16 may 2022 - 16:35:13
Dakar, Senegal (PANA) - Senegalese President Macky Sall officially opened the 54th. conference of African ministers of finance, planning and [...] Full text...

thread Economy

Experts to reflect on financing Africa's recovery

13 may 2022 - 13:22:30
Dakar, Senegal (PANA) - The Abdou Diouf International Conference Centre in Dakar is currently hosting a meeting of African experts [...] Full text...

thread Economy

Mauritius gradually recovering from COVID-19 pandemic, but inflation 'substantially' up, says IMF

10 may 2022 - 09:38:43
Washington, DC, US (PANA) - Mauritius is gradually recovering from the COVID-19 pandemic but while most sectors have returned to pre-pandemic [...] Full text...

thread Economy

IMF Executive Board approves US$456 million Extended Credit Facility Arrangement for Mozambique

10 may 2022 - 09:13:27
Washington, DC, US (PANA) – The Executive Board of the International Monetary Fund (IMF) on Monday approved a new three-year arrangement under [...] Full text...

thread Economy

15th Convention of Parties on Desertification and Drought opens in Côte d'Ivoire

09 may 2022 - 19:50:38
Ouagadougou, Burkina Faso (PANA) - The 15th Convention of the Parties on Desertification and Drought (COP 15) opened in the [...] Full text...

thread Environment

Seychelles' macroeconomic outlook 'favourable', but challenges remain - IMF

09 may 2022 - 10:08:24
Washington, DC, US (PANA) - The International Monetary Fund (IMF) said on Monday that the macroeconomic outlook of Seychelles is [...] Full text...

thread Economy

IMF warns debt vulnerabilities remain elevated in Sub-Saharan Africa

06 may 2022 - 14:06:26
Banjul, Gambia (PANA) - The International Monetary Fund (IMF) warned here Friday that debt vulnerabilities remained elevated in Sub-Saharan Africa, [...] Full text...

thread

EU, US delegation expresses support for restoration of civilian-led gov't in Sudan

30 april 2022 - 04:49:01
Khartoum, Sudan (PANA) – Senior officials from France, Germany, Norway, the United Kingdom, the United States of America, and the [...] Full text...

thread Politics

IMF says economic growth in sub-Saharan Africa disrupted by Ukraine invasion

28 april 2022 - 15:10:22
Washington, DC, US (PANA) - A promising sub-Saharan economic recovery, which saw estimated growth in 2021 being revised upward from 3.7 [...] Full text...

thread Economy

Libya's inflation for 2022 pegged by IMF at 3.7%

26 april 2022 - 13:13:00
Tripoli, Libya (PANA) - The International Monetary Fund (IMF) forecasts that Libya's inflation rate for 2022 will be 3.7% before falling to [...] Full text...

thread Economy

IMF staff, Kenyan authorities reach staff-level agreement on economic policies

26 april 2022 - 07:31:44
Washington, DC, US (PANA) - An International Monetary Fund (IMF) staff team and Kenyan authorities have reached a staff-level agreement on [...] Full text...

thread Economy

World Bank, Libya discuss promotion of cooperation

24 april 2022 - 15:11:50
Tripoli, Libya (PANA) - Senior Libyan and World Bank officials have discussed ways to develop and strengthen joint cooperation between [...] Full text...

thread Economy

Benin, IMF team reach new staff-level agreement

24 april 2022 - 04:57:33
Washington, DC, US (PANA) - The Beninese authorities and an International Monetary Fund (IMF) team have reached a staff-level agreement on [...] Full text...

thread Economy

Libyan authorities add new oil tanker to Shipping Company's fleet

23 april 2022 - 15:57:24
Tripoli, Libya (PANA) - - "Anwaar Trablus" (Lights of Tripoli), a new modern crude oil cargo ship, has joined the [...] Full text...

thread Economy

Libya attends IMF/World Bank Spring Meetings in Washington

22 april 2022 - 12:50:12
Tripoli, Libya (PANA) - The Governor of the Central Bank of Libya (CBL), Sedik al-Kebir, on Thursday participated in the [...] Full text...

thread Economy

IMF staff completes Article IV Consultation 2022 Mission in Guinea-Bissau

20 april 2022 - 06:48:48
Washington, DC, US (PANA) - An International Monetary Fund (IMF) team has reached a staff-level agreement with the authorities of Guinea [...] Full text...

thread Economy

IMF team, Congo each agreement on completion of first review of ECF

20 april 2022 - 05:48:45
Washington, DC, US (PANA) – A team of the International Monetary Fund (IMF) has reached a staff-level agreement with the authorities [...] Full text...

thread Economy

Côte d’Ivoire’s economy remains resilient in face of COVID-19 pandemic: IMF

18 april 2022 - 11:51:11
Abidjan, Côte d'Ivoire (PANA) - Côte d’Ivoire’s economy has remained resilient in the face of the COVID-19 pandemic due to the [...] Full text...

thread Economy

IMF completes first review of staff monitored programme of Central African Republic

14 april 2022 - 11:21:10
Washington, DC, US (PANA) - The Management of the International Monetary Fund (IMF) says it approved on 31 March, 2022, the [...] Full text...

thread Economy

International agencies seek urgent measures to arrest global food crisis

13 april 2022 - 22:41:08
Geneva, Switzerland (PANA) - Urgent steps are required, including addressing the supply of fertilizers, financial support to countries and investment [...] Full text...

thread Economy

Rwandan economy has navigated COVID-19 pandemic well: IMF

07 april 2022 - 11:59:42
Washington, DC, US (PANA) - The International Monetary Fund (IMF) has noted that the Rwandan economy has navigated the COVID-19 pandemic [...] Full text...

thread Economy

Consensus emerging on many issues, UN’s Sudan envoy tells Security Council

29 march 2022 - 05:28:23
New York, US (PANA) - The United Nations envoy for Sudan told the Security Council on Monday that consensus has emerged [...] Full text...

thread Politics

Guinea signs framework agreement with two mining companies on iron mining project

28 march 2022 - 11:35:33
Conakry, Guinea (PANA) - Guinea has signed a framework agreement with mining companies Rio Timto and Wining Consortium Simandou for [...] Full text...

thread Economy

Egypt requests for IMF support to implement comprehensive economic programme

24 march 2022 - 04:53:59
Washington, DC, US (PANA) - Egypt has requested the International Monetary Fund’s (IMF) for support to implement their comprehensive economic [...] Full text...

thread Economy

IMF says Senegalese economy regains pre-pandemic trend path

19 march 2022 - 08:31:32
Washington, DC, US (PANA) - The Senegalese economy regained its pre-pandemic trend path in 2021, led by strong industrial production [...] Full text...

thread Economy

Fitch Rating downgrades Tunisia to CCC

18 march 2022 - 18:15:05
Tunis, Tunisia (PANA) - The rating agency, Fitch Ratings, downgraded, on Friday 18 March, 2022, Tunisia's long-term foreign currency issuer [...] Full text...

thread Economy

IMF concludes 2021 Article IV Consultation with Uganda

13 march 2022 - 07:40:30
Washington, DC, US (PANA) - The Executive Board of the International Monetary Fund has completed the first review of the [...] Full text...

thread Economy

IMF says Guinean economy 'continues to show resilience'

12 march 2022 - 07:47:38
Washington, DC (US) - The Guinean economy continues to show resilience, recording high and sustained mining sector growth and a gradual [...] Full text...

thread Economy

Gambia’s Central Bank Governor says remittances rise to US$776.67

24 february 2022 - 09:54:39
Banjul, Gambia (PANA) - Remittances of individuals to the Gambia increased remarkably to US$776.67 in 2021, as they continued to [...] Full text...

thread Economy

African-European Summit resolve to revitalise ties

20 february 2022 - 07:40:05
Brussels, Belgium (PANA) - African and European leaders rose from their sixth Summit at the seat of the European Union, [...] Full text...

thread Health

African leaders call for urgent European funding for climate change

18 february 2022 - 13:19:12
Brussels, Belgium, (PANA) – President Uhuru Kenyatta has urged leaders attending the African Union (AU) – European Union (EU) Summit [...] Full text...

thread Environment

AfDB chief says Africa cannot outsource its healthcare security to the benevolence of others

06 february 2022 - 15:51:10
Addis Ababa, Ethiopia (OANA) - African Development Bank (AfDB) Group President Dr Akinwumi Adesina has said that the most important [...] Full text...

thread Economy

Africa is 'a source of hope', says Guterres

05 february 2022 - 18:15:48
Addis Ababa, Ethiopia (PANA) - The UN Secretary-General on Saturday said Africa was “a source of hope” for the world, [...] Full text...

thread Politics

African Union Summit opens in Addis Ababa

05 february 2022 - 16:05:28
Addis Ababa, Ethiopia (PANA) - The 35th regular Summit of the African Union Heads of State and Government opened in [...] Full text...

thread Politics

Friends of Sudan meet to assist in resolving political crisis

18 january 2022 - 11:41:02
Khartoum, Sudan (PANA) - An international conference bringing together a number of Western and Gulf Arab countries has kicked off [...] Full text...

thread Politics

Sudan coup: Frustrated by political splinters within his incubators, PM calls it a day (A PANA news analysis by Mohamed Osman)

03 january 2022 - 12:22:10
Khartoum, Sudan (PANA) - The resignation of Sudanese Prime Minister, Abdulla Hamdok, came as no surprise to many observers. After all, [...] Full text...

thread Politics

Coronavirus: ‘We cannot defeat a pandemic in an uncoordinated way’ - Guterres

17 december 2021 - 07:27:25
New York, US (PANA) - Arguing that the world “cannot defeat a pandemic in an uncoordinated way”, the UN Secretary-General said [...] Full text...

thread Health

IMF Managing Director praises leadership of President Félix Tshisekedi

09 december 2021 - 14:30:12
Kinshasa, DR Congo (PANA) - The Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, on a working visit [...] Full text...

thread Politics

Coronavirus: African finance ministers call for measures to tame bad publicity

03 december 2021 - 19:57:26
Pria, Cabo Verde (PANA) - African Ministers of finance have called for measures to deal with the bad publicity afflicting [...] Full text...

thread Economy

"Africa and China want to go further in their cooperation" - Prez Macky Sall

29 november 2021 - 21:23:32
Dakar, Senegal (PANA) - Africa and China want to go further in their cooperation to achieve shared prosperity and well-being [...] Full text...

thread Politics

Gambia’s domestic debt stands at 2.77 billion Dalasis

26 november 2021 - 18:00:46
Exchange rate US Dollar 51.50 52.30 Banjul, Gambia (PANA) - Buah Saidy, Governor of Central Bank of The [...] Full text...

thread Economy

Gambia: IMF Executive Board Completes 3rd Review Under the Extended Credit Facility (ECF), Approves US$6.97 million

25 november 2021 - 16:14:14
Banjul, Gambia (PANA) - The Executive Board of the International Monetary Fund (IMF) on completion of the third review of [...] Full text...

thread Economy

Coronavirus: Pandemic brings global syringe shortage into sharp focus

10 november 2021 - 05:51:38
Geneva, Switzerland (PANA) - Efforts to boost COVID-19 vaccine production should be matched by access to the syringes needed to [...] Full text...

thread Health

Coronavirus: Fiscal policy plays critical role in Congo’s economic recovery: IMF

09 november 2021 - 15:31:12
Brazzaville, Congo (PANA) - Fiscal policy will play a central role in strengthening economic recovery in Congo Republic while managing [...] Full text...

thread Economy

Coronavirus: IMF team reports Seychelles impressive progress toward economic recovery

09 november 2021 - 13:08:20
Victoria, Seychelles (PANA) - Seychelles has made impressive progress in implementing the International Monetary Fund (IMF)-supported programme and restoring macroeconomic [...] Full text...

thread Economy

Coronavirus: Kenya’s economic rebound continues, building on resilience during the pandemic shock

06 november 2021 - 08:18:20
Nairobi, Kenya (PANA) - Kenyan authorities and a staff team from the International Monetary Fund (IMF) have reached a staff-level [...] Full text...

thread Economy

Development partners’ support crucial for addressing humanitarian situation in Malawi: IMF Team

06 november 2021 - 07:40:18
Lilongwe, Malawi (PANA) – As Malawi faces urgent needs to address the humanitarian situation, strengthen public sector governance, restore debt [...] Full text...

thread Economy

Countering tax avoidance in Sub-Saharan Africa mining sector

05 november 2021 - 14:05:13
Dar es Salaam, Tanzania (PANA) - Sub-Saharan African countries will need to implement targeted policy actions to reduce profit shifting [...] Full text...

thread Economy

EBRD raises forecast for southern and eastern Mediterranean region

04 november 2021 - 09:10:42
Cairo, Egypt (PANA) - The European Bank for Reconstruction and Development (EBRD) is raising its growth forecast for the southern [...] Full text...

thread Economy

Coronavirus: IMF, Niger reach staff-level deal on a new economic programme

03 november 2021 - 09:38:01
Niamey, Niger (PANA) – Authorities in Niger and an International Monetary Fund (IMF) staff team have reached an agreement on [...] Full text...

thread Economy

‘Serious risk’ COP26 may not deliver, warns Guterres

31 october 2021 - 10:21:41
Rome, Italy (PANA) - There is a “serious risk” that the UN climate conference (COP26) in Glasgow, Scotland, “will not [...] Full text...

thread Environment

IMF Staff-Monitored Programme to pave the way for support to the Comoros

30 october 2021 - 10:04:42
Moroni, Comoros (PANA) - The International Monetary Fund (IMF) on Friday approved a Staff-Monitored Programme (SMP) for the Union of [...] Full text...

thread Economy

Coronavirus: DR Congo economy makes quick turnaround: IMF Team

28 october 2021 - 09:25:34
Kinshasa, DR Congo (PANA) - Boosting public investment and social spending by the government in Democratic Republic of Congo (DRC) [...] Full text...

thread Economy

Madagascar readies to receive US$ 69 million IMF support under ECF

27 october 2021 - 09:41:29
Antananarivo, Madagascar (PANA) – The International Monetary Fund (IMF) will disburse US$69 million to Madagascar to cover external and fiscal [...] Full text...

thread Economy

Coronavirus: IMF allocates US$76 million to Burundi to address pandemic's impact

26 october 2021 - 07:30:59
Bujumbura, Burundi (PANA) – After experiencing a sharp economic slowdown in services, Burundi has secured US$76.2 million under the Rapid [...] Full text...

thread Economy

Neves officially declared winner of Cape Verde's presidential vote

22 october 2021 - 21:15:31
Praia, Cape Verde (PANA) - Cape Verde’s National Electoral Commission (CNE) on Friday formally declared José Maria Pereira Neves, 61, [...] Full text...

thread Politics

Coronavirus: Pandemic slows down Uganda’s economic recovery - IMF Team

21 october 2021 - 10:12:30
Kampala, Uganda (PANA) - The second COVID-19 wave has delayed Uganda’s economic recovery, with growth remaining close to half the [...] Full text...

thread Economy

Housing prices soar in many countries - IMF

19 october 2021 - 08:33:30
Washington, DC, US (PANA) - While most economic indicators deteriorated last year, house prices largely shrugged off the effects of [...] Full text...

thread Economy

Coronavirus: IMF staff hail Guinea Bissau’s reform progress under pandemic compounded conditions

12 october 2021 - 10:59:15
Bissau, Guinea Bissau (PANA) – Guinea’s progress on its nine-month economic reform programme, which is monitored by the International Monetary [...] Full text...

thread Economy

COVID-19 aid for Africa falling short, says Human Rights Watch

12 october 2021 - 06:35:25
Nairobi, Kenya (PANA) – The Covid-19 pandemic has highlighted the need for African governments to strengthen social protection systems and fulfill people’s [...] Full text...

thread Economy

Low-income country debt rises to record $860 billion in 2020

11 october 2021 - 17:40:50
Washington, DC, US (PANA) - Governments around the world responded to the COVID-19 pandemic with massive fiscal, monetary and financial [...] Full text...

thread Economy

Commitment of key private sector creditors vital for Chad’s debt treatment: IMF

09 october 2021 - 09:04:02
N’Djamena, Chad (PANA) – In view its worsened economic and financing situation as well as the general outlook, Chad needs [...] Full text...

thread Economy

Coronavirus: Gradual economic recovery underway in Algeria after stemming virus spread

05 october 2021 - 10:44:56
Algiers, Algeria (PANA) - Algeria’s transition to a new growth model requires wide-ranging structural reforms, including measures to improve economic [...] Full text...

thread Economy

IMF staff says Zambia urgently needs to restore sustainability

05 october 2021 - 09:30:58
Lusaka, Zambia (PANA) - In light of the deeply challenging macro-economic environment that prevails, the new administration in Zambia faces [...] Full text...

thread Economy

Guterres urges ‘quantum leap in support’ for vulnerable nations

05 october 2021 - 05:09:59
New York, US (PANA) - Recovery from the COVID-19 pandemic must be sustainable and inclusive, Secretary-General António Guterres said in [...] Full text...

thread Economy

African finance ministers, IMF discuss efforts for sustainable, green, and inclusive recovery

01 october 2021 - 16:39:45
Washington, DC, US (PANA) – Financing needs of African countries, especially low-income countries, are expected to remain high in the [...] Full text...

thread Economy

Malpass outlines ways to boost growth, combat reversals in gender equality, address rising inequality and climate change

30 september 2021 - 14:22:09
Khartoum, Sudan (PANA) —World Bank Group President David Malpass on Thursday called our current era of high inequality and reversals [...] Full text...

thread Economy

Coronavirus: IMF forecasts Congo’s economic recovery in 2022

29 september 2021 - 19:09:26
Brazzaville, Congo (PANA) – The COVID-19 pandemic and oil price shocks have taken a deep toll on the Congolese economy [...] Full text...

thread Economy

Coronavirus: Gambia’s economy shows some early signs of recovery: IMF team

22 september 2021 - 19:00:51
Washington, DC, US (PANA) – Gambia’s economic activity is showing early signs of recovery, but the third wave of the [...] Full text...

thread Economy

Restore trust and inspire hope, UN chief says in message to UNGA76

22 september 2021 - 05:03:47
New York, US (PANA) - With humanity on the edge of an abyss, and moving in the wrong direction, the [...] Full text...

thread Politics

Coronavirus: International organisations, vaccine manufacturers agree to intensify cooperation to deliver vaccines

17 september 2021 - 10:37:17
Washington, DC, US (PANA) – Multilateral leaders of the Task Force on Scaling COVID-19 Tools have called on all countries [...] Full text...

thread Health

Coronavirus: IMF approves US$67.38 million emergency support to Equatorial Guinea

17 september 2021 - 10:03:33
Washington, US (PANA) - The Executive Board of the International Monetary Fund (IMF) has approved a disbursement of US$67.38 million [...] Full text...

thread Economy

UN mission responding to evolving needs in Sudan transition process

15 september 2021 - 05:22:40
New York, US (PANA) - Despite setbacks and challenges, Sudan continues its transition towards democracy, the head of the UN [...] Full text...

thread Politics

Top officials of Central Bank of Libya brief Economic Working Group on unification of branches

10 september 2021 - 12:33:18
Tripoli, Libya (PANA) - Central Bank of Libya (BCL) Governor, Seddik al-Kabir, and Deputy Governor, Ali al-Hebri, who head the [...] Full text...

thread Economy

Chad’s debt ‘unsustainable’ – IMF official

08 september 2021 - 06:59:01
Ndjamena, Chad (PANA) – Chad’s debt is assessed as "unsustainable" and its treatment is crucial, according to the International Monetary [...] Full text...

thread Economy

Coronavirus: IMF approves US$567.25 million in emergency support to Tanzania

08 september 2021 - 06:22:39
Dar es Salaam, Tanzania (PANA) – Tanzania has secured US$567.25 million or 100 percent of its quota in emergency financing [...] Full text...

thread Economy

New Zambian President swears in Finance Minister in first cabinet appointment

27 august 2021 - 10:57:51
Lusaka, Zambia (PANA) – Zambia's new president, Hakainde Hichilema, on Friday swore in Dr. Situmbeko Musokotwane as Finance Minister in [...] Full text...

thread Economy

Coronavirus: Coming months critical for future pandemic preparedness: WHO chief

26 august 2021 - 05:22:12
Geneva, Switzerland (PANA) - The next three months will be a critical period for stepping up global collective action against [...] Full text...

thread Health

IMF calls for fresh debt re-profiling for Africa, measures to tax education, health

26 august 2021 - 01:46:47
Nairobi, Kenya (PANA) The International Monetary Fund (IMF) has called for a fresh sovereign debt profile of African countries, which [...] Full text...

thread Economy

Coronavirus: IMF support focuses most where it matters the most

14 august 2021 - 10:21:06
Washington, DC, US (PANA) - Differences in vaccine access, and the ability to deploy policy support are creating ‘a growing [...] Full text...

thread Economy

UN chief welcomes 'historic' IMF liquidity boost for governments in need

04 august 2021 - 05:40:10
New York, US (PANA) - As the COVID-19 crisis continues to exacerbate restrictions on government spending throughout the world, the UN chief on Tuesday welcomed the decision by [...] Full text...

thread Economy

New Global Database to enhance transparency, improve delivery of COVID-19 tools

31 july 2021 - 07:59:26
Washington, DC, US (PANA) - The Task Force on COVID-19 Vaccines, Therapeutics and Diagnostics for Developing Countries on Friday launched [...] Full text...

thread Health

Coronavirus: IMF approves US$105.63 million extended arrangement for Seychelles

30 july 2021 - 12:51:22
Victoria, Seychelles (PANA) – The International Monetary Fund (IMF) has approved a 32-month extended arrangement for US$105.63 million to support [...] Full text...

thread Economy

Coronavirus: IMF approves US$ 689.5 million for Cameroon’s rapid post-pandemic recovery

30 july 2021 - 12:49:59
Yaounde, Cameroon (PANA) – Cameroon has secured US$ 689.5 million in credit from the International Monetary Fund (IMF) to support [...] Full text...

thread Economy

Coronavirus: IMF approves US$553.2 million to help Gabon navigate pandemic crisis

29 july 2021 - 13:18:58
Libreville, Gabon (PANA) – The COVID-19 pandemic and the fall in oil prices have severely hit the Gabonese economy, deteriorating [...] Full text...

thread Economy

Coronavirus: Burundi seeks IMF assistance to combat pandemic impacts

28 july 2021 - 09:41:00
Bujumbura, Burundi (PANA) – Struggling with critically low international reserves and decreased exports, Burundi has requested the International Monetary Fund [...] Full text...

thread Economy

IMF Managing Director approves SMP for policy reform in Guinea-Bissau

28 july 2021 - 08:34:03
Bissau, Guinea-Bissau (PANA) - The Managing Director of the International Monetary Fund (IMF) has approved a Staff-Monitored Programme (SMP) for [...] Full text...

thread Economy

Coronavirus: Sierra Leone shows signs of economic recovery but still faces risks - IMF

28 july 2021 - 07:48:53
Freetown, Sierra Leone (PANA) – Sierra Leone has secured a US$44.2 million support from the Extended Credit Facility (ECF) of [...] Full text...

thread Economy

No pathway to reach Paris Agreement’s 1.5˚C goal without G20: UN chief

26 july 2021 - 05:13:31
New York, US (PANA) - “The world urgently needs a clear and unambiguous commitment to the 1.5 degree goal of [...] Full text...

thread Environment

Coronavirus: IMF approves policy reforms and funding package to better support recovery of LICs

23 july 2021 - 13:51:13
Dakar, Senegal (PANA) - The Executive Board of the International Monetary Fund (IMF) has approved a set of reforms to [...] Full text...

thread Economy

Coronavirus: IMF Executive Board notes Côte d’Ivoire’s strong resilience

23 july 2021 - 13:20:52
Abidjan, Côte d’Ivoire (PANA) – While Côte d’Ivoire’s economic growth is expected to have dropped by some 4½ percent compared [...] Full text...

thread Economy

AfDB approves US$20 million loan to support Covid-19 recovery in Seychelles

22 july 2021 - 19:32:57
Abidjan, Cote d'Ivoire (PANA) - The Board of Directors of the African Development Bank (AfDB) Group has approved a US$20 [...] Full text...

thread Economy

Coronavirus: New data indicate vaccine inequity undermining global economic recovery

22 july 2021 - 15:43:12
Geneva, Switzerland (PANA) - COVID-19 vaccine inequity will have a lasting and profound impact on socio-economic recovery in low- and [...] Full text...

thread Health

Coronavirus: IMF Directors commend Ghana’s efforts to contain virus spread

21 july 2021 - 12:57:04
Accra, Ghana (PANA) - As the COVID-19 pandemic severely hit Ghana, the government response helped contain the virus spread and [...] Full text...

thread Economy

Summit: African leaders call on WB Group to raise $100 billion to help Africa recover from Covid-19

20 july 2021 - 23:19:45
Accra, Ghana (PANA) - African leaders have called on the International Development Association (IDA) of the World Bank Group to [...] Full text...

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Act now to provide COVID-19 vaccines for all: ECOSOC President

17 july 2021 - 06:30:43
New York, US (PANA) - Ensuring COVID-19 vaccines for all will be critical if the world is to defeat the pandemic, [...] Full text...

thread Economy

Coronavirus: Standard Chartered, Afreximbank sign agreement to support African vaccine programme

16 july 2021 - 12:28:54
Cairo, Egypt (PANA) – African Export-Import Bank (Afreximbank) and Standard Chartered have signed an agreement for US$200 million to finance [...] Full text...

thread Health

IMF approves US$1.52 billion ECF package for DR Congo

16 july 2021 - 08:03:31
Kinshasa, DR Congo (PANA) - The International Monetary Fund (IMF) has approved a US$1.52 billion Extended Credit Facility (ECF) arrangement [...] Full text...

thread Economy

Troika Envoys visit Khartoum over PM's new initiative, Sudan’s achievement on key economic benchmarks

08 july 2021 - 18:04:06
Khartoum, Sudan (PANA)- The Special Envoys to the Sudan and South Sudan from the United Kingdom, Norway and the United [...] Full text...

thread Politics

IMF weighs up US$107 million support for Seychelles economic, structural policies

08 july 2021 - 09:56:39
Victoria, Seychelles (PANA) - Seychellois authorities and the International Monetary Fund (IMF) have reached a staff-level agreement on economic and [...] Full text...

thread Economy

IMF urges swift formation of Creditor Committee for Ethiopia

07 july 2021 - 14:29:09
Washington, DC, US (PANA) - The International Monetary Fund (IMF) has strongly encouraged the swift formation of the Creditor Committee [...] Full text...

thread Economy

Coronavirus: Rwanda strives to balance policy response in ensuring a strong, inclusive recovery

07 july 2021 - 12:56:38
Kigali, Rwanda (PANA) – Rwanda’s real GDP is projected to rebound by 5.1 percent in 2021, reflecting the start of [...] Full text...

thread Economy

Coronavirus: Equitable distribution of vaccines, equipment only way out of pandemic: WHO chief

07 july 2021 - 05:17:00
Geneva, Switzerland (PANA) - Equitable distribution of equipment and medicines to fight COVID-19 is the only way out of the [...] Full text...

thread Health

IMF calls on Guinean government to control inflation

02 july 2021 - 10:42:02
Conakry, Guinea (PANA) - In Guinea, inflation should remain above the single-digit target of the country's central bank during the [...] Full text...

thread Economy

Coronavirus: IMF commends Guinea’s response to pandemic, urges support for vulnerable households and businesses

01 july 2021 - 08:30:44
Conakry, Guinea (PANA) – Seriously affected by the COVID-19 pandemic, Guinea needs to diversify the economy and secure more inclusive, [...] Full text...

thread Economy

Coronavirus: Global finance, trade institutions create task force on vaccines

01 july 2021 - 07:12:53
Washington, DC, US (PANA) – Urgent action is needed now to arrest the rising human toll due to the COVID-19 [...] Full text...

thread Health

US Treasury commends Sudan’s economic reform and its outcome with financial institutions

30 june 2021 - 13:17:21
Khartoum, Sudan (PANA)- The U.S. Department of the Treasury has welcomed the announcement from the International Monetary Fund (IMF) that [...] Full text...

thread Economy

Sudan to receive debt relief under HIPC Initiative

30 june 2021 - 09:50:34
Washington, DC, US (PANA) - Sudan has taken the necessary steps to begin receiving debt relief under the enhanced Heavily [...] Full text...

thread Economy

IMF approves Extended Credit Facility arrangement for Sudan

30 june 2021 - 07:59:20
Khartoum, Sudan (PANA) - The International Monetary Fund (IMF) has approved a 39-month arrangement under the Extended Credit Facility (ECF) [...] Full text...

thread Economy

IMF Board approves US$1 billion ECF arrangement for Uganda's recovery

29 june 2021 - 07:15:16
Kampala, Uganda (PANA) – Uganda has secured US$1 billion from the International Monetary Fund (IMF) under the Extended Credit Facility [...] Full text...

thread Economy

Coronavirus: 'Sub-Saharan Africa must act now to stop surge of new Delta variant'

29 june 2021 - 06:26:06
Dar es Salaam, Tanzania (PANA) – The only way for Sub-Saharan Africa to break free from the new vicious COVID-19 [...] Full text...

thread Health

Mauritius’ 2021 growth put at 5% if tourism flows resume in second half

25 june 2021 - 10:18:22
Port Louis, Mauritius (PANA) - Mauritius will begin to recover in 2021, with its economic growth forecast at about 5 [...] Full text...

thread Economy

Egypt responded to COVID-19 crisis with timely, prudent fiscal and monetary easing - IMF

24 june 2021 - 13:15:27
Cairo, Egypt (PANA) - The Executive Board of the International Monetary Fund (IMF) has completed the second and final review [...] Full text...

thread Economy

IMF approves Kenyan authorities’ commitment to reform agenda

24 june 2021 - 11:43:36
Washington, DC, US (PANA) - The Executive Board of the International Monetary Fund (IMF) completed on Wednesday the first reviews [...] Full text...

thread Economy

IDA provides $100 million grant to Sudan

23 june 2021 - 15:50:51
Khartoum, Sudan (PANA) - Sudan’s ambassador to the United States Noureddin Satti has said that the Board of Administrators of [...] Full text...

thread Economy

IMF chief Kristalina Georgieva announces financing milestone on debt relief for Sudan

23 june 2021 - 09:07:02
Washington, DC, US (PANA) – International Monetary Fund (IMF) Managing Director Kristalina Georgieva on Tuesday announced that the Fund has [...] Full text...

thread Economy

Former minister predicts inflation rising over 10 per cent this year in Guinea

22 june 2021 - 13:13:50
Conakry, Guinea (PANA) - Guinea will this year experience an inflation of more than 10 pc due to increased wage [...] Full text...

thread Economy

Togo seeks IMF support for reforms focused on sustainable private sector-led growth

19 june 2021 - 06:33:02
Lome, Togo (PANA) - Discussions between the authorities in Togo and the International Monetary Fund (IMF) are expected to continue [...] Full text...

thread Economy

Nigeria starts recovery but unemployment and inflation remain elevated - IMF

18 june 2021 - 09:22:43
Abuja, Nigeria (PANA) – The Nigerian economy has started a gradual recovery from the negative effects of the COVID-19 global [...] Full text...

thread Economy

Zimbabwe on way to economic recovery after 6% GDP decline in 2020: IMF

17 june 2021 - 10:09:41
Harare, Zimbabwe (PANA) – The COVID-19 pandemic has taken a severe toll on the economic and humanitarian situation in Zimbabwe, [...] Full text...

thread Economy

IMF chief welcomes stance of Creditor Committee for Chad to meet its financial needs

17 june 2021 - 08:06:26
Ndjamena, Chad (PANA) – The Managing Director the International Monetary Fund, Ms. Kristalina Georgieva, has welcomed the decision of the [...] Full text...

thread Economy

World Bank, IMF launch High-Level Advisory Group on sustainable and inclusive recovery and growth

15 june 2021 - 15:41:15
Washington, DC, US (PANA) - In the face of two crises—COVID-19 and climate change—the World Bank Group and International Monetary [...] Full text...

thread Economy

How to attract private finance to Africa’s development

14 june 2021 - 15:54:00
Washington, DC, US (PANA) - The COVID-19 pandemic has brought economic activity in Africa to a standstill and the continent’s [...] Full text...

thread Economy

G7 Development Finance Institutions and multilateral partners to invest over $80 billion into African businesses

14 june 2021 - 13:15:11
Abidjan, Cote d’Ivoire (PANA) - Development Finance Institutions (DFIs) of the G7 member countries have for the first time come [...] Full text...

thread Economy

IMF staff and Gabon agree new arrangement under Extended Fund Facility

10 june 2021 - 12:00:31
Libreville, Gabon (PANA) – Gabonese authorities and staff of the International Monetary Fund (IMF) have agreed a three-year programme under [...] Full text...

thread Economy

IMF Board approves US$772 million disbursement for Angola

10 june 2021 - 11:13:33
Luanda, Angola (PANA) – Recognising Angola’s strong commitment to sound policies aimed at improved governance and diversification of the economy, [...] Full text...

thread Economy

Coronavirus: IMF Board approves US$650 million stand-by support for Senegal

08 june 2021 - 09:37:04
Dakar, Senegal (PANA) - The Executive Board of the International Monetary Fund (IMF) on Monday approved an 18-month Stand-by arrangement [...] Full text...

thread Economy

IMF praises Botswana’s decisive measures to limit health and economic fallout of COVID-19

03 june 2021 - 09:15:06
Gaborone, Botswana (PANA) - Careful management of mineral resources and a track record of very strong policies and policy frameworks [...] Full text...

thread Economy

Coronavirus: Uganda and IMF reach staff-level deal on a US$1 billion financing package

02 june 2021 - 08:12:24
Kampala, Uganda (PANA) – Uganda and the International Monetary Fund (IMF) have reached a staff-level agreement on a three-year US$1 [...] Full text...

thread Economy

Coronavirus: Vaccine equity at heart of new $50 billion plan to end pandemic, drive recovery

02 june 2021 - 06:22:56
New York, US (PANA) - Governments are being urged to finance a new $50 billion roadmap to end the COVID-19 [...] Full text...

thread Health

IMF reaches staff-level deal with DR Congo on US$1.5 billion financing package

29 may 2021 - 10:14:50
Kinshasa, DR Congo (PANA) – Authorities in Democratic Republic of Congo (DRC) and an International Monetary Fund (IMF) team have [...] Full text...

thread Economy

IMF reaches staff level deal with Cameroon on new economic support arrangements

28 may 2021 - 10:44:49
Yaoundé, Cameroon (PANA) – Cameroon has shown resilience in the face of the COVID-19 pandemic, but still faces significant challenges, [...] Full text...

thread Economy

IMF approves US$ 14.4 million disbursement to The Gambia

28 may 2021 - 09:10:37
Banjul, Gambia (PANA) - The Executive Board of the International Monetary Fund (IMF) on Thursday completed the second review under [...] Full text...

thread Economy

IMF mission approves Egypt’s commitment to macroeconomic stability

26 may 2021 - 10:11:34
Cairo, Egypt (PANA) – Strong performance and commitment of the Egyptian authorities over the past 12 months helped the country [...] Full text...

thread Economy

CAR struggles to address economic challenges arising from security crisis

22 may 2021 - 08:31:56
Bangui, Central African Republic (PANA) – The deterioration of the security situation in Central African Republic (CAR) at the beginning [...] Full text...

thread Economy

US amends law to remove Sudan from list of state sponsors of terrorism

21 may 2021 - 09:13:28
Washington, DC, US (PANA) - The United States has amended the law that removes Sudan from countries that sponsor terrorism. A [...] Full text...

thread Politics

Coronavirus: Kenyan secures resources for critical development - IMF

18 may 2021 - 13:46:40
Nairobi, Kenya (PANA) - Kenya will have access to US$410 million from the International Monetary Fund (IMF) if the Fund’s [...] Full text...

thread Economy

IMF, WB, AfDB write off Sudan's debts, says PM Hamdouk

18 may 2021 - 07:19:20
Paris, France (PANA) - Sudanese Prime Minister, Dr. Abdalla Hamdouk, announced on Monday that the World Bank, the International Monetary [...] Full text...

thread Economy

Nigeria: Buhari departs Abuja for France for African Finance Summit

16 may 2021 - 16:24:31
Abuja, Nigeria (PANA) - President Muhammadu Buhari will Sunday depart Abuja for Paris, France, on a four-day official visit to [...] Full text...

thread Politics

Sudanese PM Hamdok leaves for Paris economic conference on Sudan

16 may 2021 - 10:47:55
Khartoum, Sudan (PANA) - Sudanese Prime Minister Abdullah Hamdok left Khartoum on Sunday at the head of a high-powered delegation [...] Full text...

thread Economy

IMF team confirms Ghana’s effective management of COVID-19 pandemic

15 may 2021 - 08:19:36
Accra, Ghana (PANA) – Ghana has managed very effectively the COVID-19 outbreak, and succeeded in protecting lives, with almost 93,000 [...] Full text...

thread Economy

Ghanaian President Akufo-Addo to pay working visit to France, Belgium, S. Africa

14 may 2021 - 23:18:41
Accra, Ghana (PANA) - Ghana's President Akufo-Addo will leave Sunday, 16 May, for a nine-day official working visit to France, [...] Full text...

thread Politics

African policymakers face three challenges to lift economies out of worst health crisis

13 may 2021 - 15:09:41
Dar es Salaam, Tanzania (PANA) – The second wave of the health crisis that hit sub-Saharan Africa earlier in the [...] Full text...

thread Economy

Sudan paves road for foreign lenders after clearing US$413 million AfDB loan pile-up

13 may 2021 - 11:20:11
Abidjan, Cote d’Ivoire (PANA) - Sudan will access new funding from the African Development Bank after clearing its debt arrears [...] Full text...

thread Economy

Guinea Bissau seeks IMF support to mobilise finance for economic reforms

13 may 2021 - 09:15:51
Bissau, Guinea-Bissau (PANA) – Guinea-Bissau’s fiscal deficit widened in 2020 reflecting weaker tax revenue and the authorities’ spending measures to [...] Full text...

thread Economy

IMF chief welcomes progress on financing plan for Sudan’s debt relief

11 may 2021 - 09:36:32
Washington, DC, US (PANA) – The International Monetary Fund (IMF) Executive Board on Monday approved a financing plan that will [...] Full text...

thread Economy

Coronavirus: IMF mission hails Mauritius’ efforts in containing COVID-19 pandemic

08 may 2021 - 09:18:04
Port Louis, Mauritius (PANA) – Announcing the success of Mauritius in containing the Covid-19 virus thanks to strict health measures, [...] Full text...

thread Economy

IMF projects 5.1 percent rebound of Rwanda’s economy in 2021

07 may 2021 - 08:08:47
Kigali, Rwanda (PANA) – Rwanda’s economic growth is projected to rebound to 5.1 percent in 2021, compared to a contraction [...] Full text...

thread Economy

Guinea's mining sector supports growth despite COVID-19, IMF says

03 may 2021 - 17:08:09
Conakry, Guinea (PANA) - The Guinean mining sector is expected to continue to support overall growth in 2021 in Guinea, [...] Full text...

thread Economy

Guinea’s growth forecast to reach 5.2 per cent in 2021 - IMF

01 may 2021 - 09:37:07
Conakry, Guinea (PANA) - Guinea’s economy weathered the coronavirus (COVID-19) shock with a strong growth of 7 per cent in [...] Full text...

thread Economy

IMF Staff and Senegal reach staff deal on new 18-month financing plan for US$ 650 million

30 april 2021 - 09:57:08
Dakar, Senegal (PANA) – A team of the International Monetary Fund (IMF) has reached a staff-level agreement with the Senegalese [...] Full text...

thread Economy

US pledges support for Tunisia in negotiations with IMF

23 april 2021 - 09:49:47
Tunis, Tunisia (PANA) - The US ambassador in Tunis, Donald Blome, on Thursday pledged his country's readiness to support Tunisia [...] Full text...

thread Economy

Gabon launches training hub to revolutionise skills for economic diversification

16 april 2021 - 15:34:33
Libreville, Gabon (PANA) – In a bid to match local skills with the urgent needs of economic diversification, President Ali [...] Full text...

thread Economy