Coronavirus: IMF staff work on policy package for Zambia to overcome key challenges

05 march 2021 - 07:30:53
Lusaka, Zambia (PANA) - With a weak economy and increased spending — both on emergency COVID related needs as well [...] Full text...

thread Economy

Coronavirus: IMF provides $2.73 million to São Tomé and Príncipe for post-pandemic recovery

27 february 2021 - 11:23:43
Washington, DC, US (PANA) – Though actions by São Tomé and Príncipe authorities and unprecedented international financial support are helping [...] Full text...

thread Economy

Coronavirus: Pandemic leads to unprecedented economic downturn in Tunisia

27 february 2021 - 10:04:23
Tunis, Tunisia (PANA) - The Covid-19 pandemic in Tunisia has led to an unprecedented economic downturn with the country’s GDP [...] Full text...

thread Economy

Congo expects its economic contraction to ease in 2021 - IMF

27 february 2021 - 07:37:11
Brazzaville, Congo (PANA) – The severe economic contraction experienced in Congo in 2020, due to the Covid-19 pandemic and significant [...] Full text...

thread Economy

9th African Fiscal Forum set for March 2-3

26 february 2021 - 12:44:05
Dar es Salaam, Tanzania (PANA) - The European Commission (EC) and the International Monetary Fund (IMF) will host the Ninth [...] Full text...

thread Economy

Coronavirus: Pandemic, security situation compound Ethiopia’s socioeconomic challenges

24 february 2021 - 10:07:10
Addis Ababa, Ethiopia (PANA) – The COVID-19 pandemic and Ethiopia’s domestic security situation have created both social and economic challenges, [...] Full text...

thread Economy

Coronavirus: IMF releases US$57.6 million to help Mali meet post-pandemic recovery

23 february 2021 - 10:37:09
Bamako, Mali (PANA) - The Executive Board of the International Monetary Fund (IMF) on Monday completed the second and the [...] Full text...

thread Economy

COVID-19 disturbs data collection in Botswana

17 february 2021 - 08:44:07
Gaborone, Botswana (PANA) - Statistics Botswana’s data collection for consumer price index (CPI) compilation continues to be affected by the [...] Full text...

thread Economy

UNHCR appeals for over $220 million in ‘crucial’ support for Burundi refugees

17 february 2021 - 06:20:09
Nairobi, Kenya (PANA) - An urgent appeal for $222.6 million was made on Tuesday by the UN refugee agency and [...] Full text...

thread Society

IMF, Kenya officials reach staff-level deal on a US$2.4 billion financing package

16 february 2021 - 10:40:35
Nairobi, Kenya (PANA) – Kenyan authorities and the International Monetary Fund (IMF) have reached staff-level agreement on a 38-month programme [...] Full text...

thread Economy

Coronavirus: IMF considers support for Madagascar’s $320 million post-pandemic recovery programme

13 february 2021 - 09:53:44
Antananarivo, Madagascar (PANA) - International Monetary Fund (IMF) staff have completed policy discussions with the authorities in Madagascar on a [...] Full text...

thread Economy

African ministers ask IMF for emergency support in COVID-19 response

09 february 2021 - 18:03:03
Addis Ababa, Ethiopia (PANA) - African finance ministers have asked the International Monetary Fund (IMF) to approve US$500 billion in [...] Full text...

thread Economy

Joblessness hits 27 percent amid rising food inflation in Nigeria

09 february 2021 - 11:02:00
Abuja, Nigeria (PANA) – Nigeria’s socioeconomic conditions have deteriorated, with rising food inflation, elevated youth unemployment, mass protests in October [...] Full text...

thread Economy

European Union reinforces technical assistance to The Gambia

04 february 2021 - 16:40:37
Banjul, Gambia (PANA) - The European Union (EU) has signed an agreement for 1.8 million euros with the International Monetary [...] Full text...

thread Economy

Chad secures IMF staff-level deal to support economic reform

28 january 2021 - 12:57:54
Ndjamena, Chad (PANA) – International Monetary Fund (IMF) staff have completed policy discussions with the authorities in Chad on a [...] Full text...

thread Economy

COVID-19 exacerbates South Africa’s growth, fiscal vulnerabilities - IMF

28 january 2021 - 10:15:57
Tshwane, South Africa (PANA) – The resurgence of infections and the protracted vaccination procurement and distribution processes will likely weigh [...] Full text...

thread Economy

AfDB, Global Centre on Adaption launch African climate adaption initiative

26 january 2021 - 19:33:36
Abidjan, Cote D'Ivoire (PANA) - African Development Bank (AfDB) has launched the Africa Adaptation Acceleration Programme (AAAP) to mobilize US$25 [...] Full text...

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New AfDB-GCA initiative to mobilise US$25 billion for scaling up African climate adaptation

26 january 2021 - 12:56:43
Abidjan, Côte d’Ivoire (PANA) - African Development Bank (AfDB) President Akinwuma A. Adesina announced the launch on Monday of the [...] Full text...

thread Environment

Coronavirus: IMF provides US$20.47 million emergency assistance for Guinea-Bissau

26 january 2021 - 10:16:02
Washington, DC, US (PANA) - The International Monetary Fund (IMF) has approved the disbursement of US$20.47 million under the Rapid [...] Full text...

thread Economy

IMF calls on Tunisian authorities to freeze payroll to reduce financial deficit

23 january 2021 - 19:30:54
Tunis, Tunisia (PANA) - The International Monetary Fund (IMF) has urged Tunisia to block the wage bill and subsidy to [...] Full text...

thread Economy

IFC meets on effects of unification of exchange rate for Libyan dinar

22 january 2021 - 23:44:52
Tripoli, Libya (PANA) - The co-chairmen of the economic working group of the International Follow-up Committee on Libya (IFG) Thursday [...] Full text...

thread Economy

Economic Working Group on Libya meets to address urgent issues

22 january 2021 - 15:38:02
Tripoli, Libya (PANA) -  Co-chairs of the International Follow-Up Committee on Libya’s Economic Working Group (EWG), including Acting Special Representative [...] Full text...

thread Economy

World leaders to meet during Davos Agenda in a Crucial Year to Rebuild Trust

18 january 2021 - 15:50:45
Geneva, Switzerland (PANA) - – The World Economic Forum, taking place virtually on 25-29 January, will bring together the foremost [...] Full text...

thread Economy

IMF Board approves US$28.8 million disbursement to Gambia

16 january 2021 - 09:13:09
Banjul, Gambia (PANA) - The Executive Board of the International Monetary Fund (IMF) Friday completed the first review of The [...] Full text...

thread Economy

US Commerce Department removes restrictions on export of US products to Sudan

15 january 2021 - 05:40:30
Khartoum, Sudan (PANA) - The US Department of Commerce Bureau of Industry and Security has removed restrictions on the export [...] Full text...

thread Economy

Mali’s economy adversely affected by COVID-19, socio-political crisis in 2020 - IMF

14 january 2021 - 08:51:50
Bamako, Mali (PANA) – Mali’s economy is estimated to have contracted by 2% in 2020, with a gradual recovery to [...] Full text...

thread Economy

IMF Board approves US$ 34.4 million disbursement to Central African Republic

13 january 2021 - 16:43:42
Bangui, Central African Republic (PANA)  – The Covid-19 pandemic has had a substantial impact on the economy of the Central [...] Full text...

thread Economy

Senegal’s 2021 budget balances support for recovery and gradual fiscal consolidation – IMF

13 january 2021 - 09:05:15
Washington, DC, US (PANA) – Strong fiscal and monetary policy support have helped bolster the health system and cushion the [...] Full text...

thread Economy

IMF lauds Angola for preserving essential spending on health and social safety nets

12 january 2021 - 08:43:22
Luanda, Angola (PANA) – As the COVID-19 shock continues to negatively impact Angola’s economy and population, the International Monetary Fund [...] Full text...

thread Economy

Tunisian Leila Mokaddem appointed DG of the AfDB in Southern Africa

07 january 2021 - 17:57:55
Tunis, Tunisia (PANA) - In a statement issued on Thursday, the African Development Bank Group announced the appointment of Tunisian [...] Full text...

thread Economy

Williams and EWG Co-Chairs reaffirm support for Libya's Economic Dialogue

07 january 2021 - 15:26:08
Tripoli, Libya (PANA) - The Acting Special Representative of the Secretary-General (ASRSG) and Head of the United Nations Support Mission [...] Full text...

thread Economy

Kenyan economy registers first recession in two decades

03 january 2021 - 20:34:35
Nairobi, Kenya (PANA) - The Kenyan economy registered its first major decline in two decades, with a 0.4% contraction at [...] Full text...

thread Economy

The virus that shut down the world: Economic meltdown

30 december 2020 - 11:04:23
New York, US (PANA) - With millions forced to work from home this year, offices and shops closing as part [...] Full text...

thread Economy

Coronavirus: IMF points to sharp drop in economic activity, increased unemployment in Morocco

24 december 2020 - 10:27:47
Rabat, Morocco (PANA) - Morocco’s prompt response has helped contain the fallout from the COVID-19 pandemic, though economic activity has [...] Full text...

thread Economy

Coronavirus: Liberia’s growth forecast indicates high downside risks - IMF

22 december 2020 - 12:08:51
Monrovia, Liberia (PANA) – Though the authorities in Liberia have taken the necessary steps to stabilise the economy amid multiple [...] Full text...

thread Economy

Coronavirus: IMF approves emergency aid to Benin as pandemic severely impacts economic activity

22 december 2020 - 10:03:12
Cotonou, Benin (PANA) - Convinced that weaker external demand and the deepening of the economic impact of the COVID-19 pandemic [...] Full text...

thread Economy

IMF allows Egypt to draw US$1.67 billion on standby arrangement

19 december 2020 - 08:24:43
Washington DC, US (PANA) - The Executive Board of the International Monetary Fund (IMF) on Friday completed the first review [...] Full text...

thread Economy

Coronavirus: Pandemic takes heavy toll on Rwanda’s economy and society - IMF

17 december 2020 - 13:25:01
Kigali, Rwanda (PANA) – Rwanda continues to grapple with the fallout from the COVID-19 pandemic as it takes a heavy [...] Full text...

thread Economy

Africa's economic growth to slow to negative 4.1% in 2020 - ECA

15 december 2020 - 19:31:18
Addis Ababa, Ethiopia (PANA) – Economic growth in Africa is projected to drop drastically to negative 4.1% before making a [...] Full text...

thread Economy

Coronavirus: Pandemic exacts heavy toll on Nigerian economy, GDP contracts - IMF

12 december 2020 - 09:02:17
Abuja, Nigeria (PANA) - The COVID-19 global pandemic has exacted a heavy toll on the Nigerian economy, which was already [...] Full text...

thread Economy

Banks, IMF launch first joint report on financing sustainable development goals

11 december 2020 - 18:11:48
Abidjan, Cote d’Ivoire (PANA) - The African Development Bank  on Thursday joined a group of 11 multilateral development banks (MDBs) [...] Full text...

thread Society

Coronavirus: AfDB, others raise US$230 billion in pandemic response

11 december 2020 - 12:27:01
Abidjan, Cote d’Ivoire (PANA) – International financial institutions have collectively mobilised a global response package of US$230 billion between 2020 [...] Full text...

thread Economy

Tunis mayor elected vice-president of Association of Francophone mayors

10 december 2020 - 22:53:32
Tunis, Tunisia (PANA) - The mayor of Tunis, Souad Abderrahim, was Thursday elected vice-president of the International Association of Francophone [...] Full text...

thread Politics

Coronavirus: Côte d’Ivoire weathers economic consequences of the pandemic - IMF

10 december 2020 - 11:44:45
Abidjan, Côte d’Ivoire (PANA) - Strong pre-crisis fundamentals, relative economic diversification, and timely relaxing of the fiscal stance allowed Côte [...] Full text...

thread Economy

Coronavirus: Situation for Guinea’s informal sector workers worsens - IMF

10 december 2020 - 10:49:53
Conakry, Guinea (PANA) - Guinea faces significant downside risks related to COVID-19 pandemic, according to the International Monetary Fund (IMF) [...] Full text...

thread Economy

IMF looks forward to Zambia’s home-grown economic strategy

10 december 2020 - 08:01:15
Lusaka, Zambia (PANA) - Given the deep-rooted challenges it faces, Zambia would need to calibrate its policies to restore sustainability [...] Full text...

thread Economy

IMF staff team visits Zambia for financing talks

09 december 2020 - 08:56:38
Lusaka, Zambia (PANA) - Zambian authorities and a mission from the International Monetary Fund (IMF) are due to conclude high-level [...] Full text...

thread Economy

Coronavirus: Kenya warns IMF, WB requirements may slow pandemic recovery efforts

08 december 2020 - 17:53:00
Nairobi, Kenya (PANA) - President Uhuru Kenyatta has urged the International Monetary Fund and the World Bank not to delay [...] Full text...

thread Economy

Coronavirus: Global equitable access to vaccines to generate economic benefits of at least US$ 153 billion in 2020–21: Report

03 december 2020 - 10:58:52
Geneva, Switzerland (PANA) - As world leaders gather virtually at the Special Session of the General Assembly in response to [...] Full text...

thread Health

Coronavirus: IMF plans live conversation on pandemic in developing countries

02 december 2020 - 12:32:11
Dar es Salaam, Tanzania (PANA) - Compared to six months ago, the economic outlook has worsened significantly in some emerging [...] Full text...

thread Economy

European Council approves debt relief efforts for African countries

01 december 2020 - 10:36:02
Brussels, Belgium (PANA) - The European Council on Tuesday approved a set of conclusions in response to a call made [...] Full text...

thread Economy

Ghana holds presidential, parliamentary elections on 7 December

29 november 2020 - 17:37:36
Accra, Ghana (PANA) - Ghana holds presidential and parliamentary elections on 7 December with 17.029 million voters expected to cast [...] Full text...

thread Politics

Coronavirus: ‘Real hope’ surrounding vaccines ‘cannot be overstated’ – WHO chief

24 november 2020 - 05:32:49
Geneva, Switzerland (PANA) - Along with other tried and tested public health measures, the head of the World Health Organization [...] Full text...

thread Health

Coronavirus: Kenya’s development goals suffer setback caused by pandemic

21 november 2020 - 09:44:58
Nairobi, Kenya (PANA) – Kenya has suffered an unprecedented shock caused by the COVID-19 pandemic that led to reduced government [...] Full text...

thread Economy

Coronavirus: UN chief presses G20 for greater solidarity and support during pandemic

21 november 2020 - 07:16:54
New York, US (PANA) - When he addresses leaders of the world’s richest countries at the G20 summit on Saturday, [...] Full text...

thread Health

Coronavirus: Egyptian economy performing well despite pandemic pressure - IMF

20 november 2020 - 09:17:54
Cairo, Egypt (PANA) – Egypt’s economy has performed better than expected despite the COVID-19 pandemic, thanks to a swift, balanced [...] Full text...

thread Economy

Gambia scores high in controlling corruption, maintaining democratic rights

19 november 2020 - 18:42:11
Banjul, Gambia (PANA) - Millennium Challenge Corporation Agency’s Financial Report 2020, has announced that The Gambia scored high in controlling [...] Full text...

thread Politics

IMF approves US$10 million disbursement to Somalia

19 november 2020 - 11:22:46
Mogadishu, Somalia (PANA) - The Executive Board of the International Monetary Fund (IMF) on Wednesday completed the first review of [...] Full text...

thread Economy

Coronavirus: IMF foresees stronger recovery in Senegal than previous forecast

18 november 2020 - 10:47:29
Dakar, Senegal (PANA) - The coronavirus pandemic’s economic impact on Senegal was significant in the first half of 2020, but [...] Full text...

thread Economy

Coronavirus: South Sudan takes its first IMF loan to address pandemic challenges

12 november 2020 - 07:42:14
Juba, South Sudan (PANA) – South Sudan has secured its first loan of US$52.3 million from the International Monetary Fund [...] Full text...

thread Economy

Coronavirus: IMF to grant Congo emergency fund to fight against health crisis

11 november 2020 - 21:18:44
Brazzaville, Congo (PANA) - The International Monetary Fund (IMF) will grant an emergency fund to the Congolese government to fight [...] Full text...

thread Economy

Coronavirus: Digital financial services offer opportunities, also pose risks - IMF

10 november 2020 - 07:33:04
Dar es Salaam, Tanzania (PANA) – Social distancing measures in place during the COVID-19 pandemic are expected to significantly impact [...] Full text...

thread Economy

Trust Africa hosts conference on illicit financial flows

06 november 2020 - 08:13:34
Dakar, Senegal (PANA) – The pan-African body, Trust Africa, will host the 8th Pan African Conference on Illicit Financial Flows [...] Full text...

thread Economy

Coronavirus: WBG-IMF Annual Meetings in Morocco postponed until 2022

06 november 2020 - 07:13:12
Rabat, Morocco (PANA)  - Morocco, the World Bank Group and the International Monetary Fund (IMF) announced on Thursday that the [...] Full text...

thread Economy

Coronavirus: IMF gives Mali extended debt service relief for six months

31 october 2020 - 08:57:29
Washington, DC, US (PANA) - The Executive Board of the International Monetary Fund (IMF) on Friday approved a second six-month [...] Full text...

thread Economy

Coronavirus: Pandemic dents Guinea’s growth but external support mitigates impact

29 october 2020 - 10:32:01
Conakry, Guinea (PANA) - Guinea’s overall growth is expected to exceed 5% this year, although non-mining sectors in the West [...] Full text...

thread Economy

Coronavirus: Pandemic continues to severely affect Cape Verde economy - IMF

27 october 2020 - 13:28:10
Praia, Cape Verde (PANA) – Though a recovery is expected in 2021 with real GDP growth at 4.5 percent, the [...] Full text...

thread Economy

Coronavirus: Niger faces challenges in mobilising revenues, controlling outlays - IMF

27 october 2020 - 09:52:05
Niamey, Niger (PANA) – Niger has secured a US$19.9 million from the International Monetary Fund (IMF) to support the national [...] Full text...

thread Economy

Coronavirus: Rwanda’s economy healing from contraction under pandemic

27 october 2020 - 09:16:50
Kigali, Rwanda (PANA) – Rwanda’s economic activity has started to show signs of recovery following a sharp contraction in the [...] Full text...

thread Economy

Coronavirus: Limited resources available for rekindling sub-Saharan Africa economies - IMF

23 october 2020 - 06:34:34
Washington, DC, US (PANA) - With a difficult recovery ahead, policy makers in sub-Sahara Africa have fewer resources at their [...] Full text...

thread Economy

Coronavirus: Cameroon secures US$ 156 million IMF support to address pandemic impact

22 october 2020 - 07:44:30
Yaounde, Cameroon (PANA) - The International Monetary Fund (IMF) has approved a disbursement of US$ 156 million to Cameroon, the [...] Full text...

thread Economy

World Bank, IMF boards urge transfer of real resources to developing countries

16 october 2020 - 22:47:40
Dar es Salaam, Tanzania (PANA) - The Development Committee of the world’s top financial institutions said Friday the coronavirus (COVID-19) [...] Full text...

thread Economy

Coronavirus: Burkinabe pandemic response leads to sharp decline in economic activity

15 october 2020 - 09:19:18
Ouagadougou, Burkina Faso (PANA) – The coronavirus pandemic in Burkina Faso has highlighted the important role that a social safety [...] Full text...

thread Economy

Coronavirus: WBG President says extreme poverty may rise by 2021

14 october 2020 - 16:14:03
Washington, US (PANA) -  Desperate inequality is being caused by the COVID pandemic and economic shutdowns, World Bank Group (WBG) [...] Full text...

thread Economy

UN envoy outlines progress towards cooperation in Great Lakes Region

14 october 2020 - 06:14:59
Nairobi, Kenya (PANA) - Even as they confront the COVID-19 pandemic, countries in Africa’s Great Lakes Region continue to improve [...] Full text...

thread Politics

IMF predicts ‘less severe’ but ‘still deep’ recession in shadow of COVID-19

14 october 2020 - 06:08:48
Washington, DC, US (PANA) - In the shadow of the COVID-19 pandemic and its continuing impact, the global economy could [...] Full text...

thread Economy

Coronavirus: Minimising pandemic impact slows down CAR’s economy

10 october 2020 - 07:46:37
Bangui, CAR (PANA) – Though the start of a recovery appears to be underway in the Central African Republic (CAR), [...] Full text...

thread Economy

Insecurity forces Niger to spend more on securing borders - President Issoufou

09 october 2020 - 16:14:59
Niamey, Niger (PANA) - Insecurity in Niger has led to the displacement of populations along the borders, the influx of [...] Full text...

thread Economy

Mauritania: President Ghazouani calls for suspension of G5 Sahel debt

08 october 2020 - 23:27:29
Nouakchott, Mauritania (PANA) - Mauritanian President Mohamed Cheikh El Ghazouani called here Thursday for the suspension of debt servicing for [...] Full text...

thread Economy

Coronavirus: IMF review shows Niger’s response plan alleviates socioeconomic impact

08 october 2020 - 10:45:52
Niamey, Niger (PANA) - An International Monetary Fund (IMF) mission and the authorities in Niger have reached a staff-level agreement [...] Full text...

thread Economy

Coronavirus: Côte d’Ivoire’s economy remains resilient due to quick response

08 october 2020 - 09:42:14
Washington, DC, US (PANA) – The coronavirus pandemic has presented an unprecedented challenge to Côte d’Ivoire but the country’s authorities [...] Full text...

thread Economy

Coronavirus: IMF extends debt service relief for 28 eligible low-income countries for six months

06 october 2020 - 07:10:19
Washington, DC, US (PANA) - The Executive Board of the International Monetary Fund (IMF) has approved a second six-month tranche [...] Full text...

thread Economy

South Africa: Opposition urges IMF to sanction Pretoria

04 october 2020 - 08:36:22
Cape Town, South Africa (PANA) – South Africa's official opposition Democratic Alliance (DA) on Sunday said it has contacted the [...] Full text...

thread Economy

Coronavirus: IMF provides additional US$ 101.96 million for Malawi to address pandemic

03 october 2020 - 07:25:16
Washington, DC, US (PANA) - The Executive Board of the International Monetary Fund (IMF) on Friday approved a disbursement of [...] Full text...

thread Economy

Coronavirus: African finance ministers discuss debt restructuring to navigate coronavirus pandemic

02 october 2020 - 21:37:31
Addis Ababa, Ethiopia (PANA) – The UN Economic Commission for Africa (ECA) has led African ministers of finance and development [...] Full text...

thread Economy

Coronavirus: Rwanda fails to attain fiscal targets for end-June 2020

01 october 2020 - 13:28:10
Kigali, Rwanda (PANA) – Deterioration in the fiscal position from revenue losses and increased spending to address the impact of [...] Full text...

thread Economy

Zambia’s 2020 budget fails to 'adequately tackle' the debt crisis, says advocacy group

30 september 2020 - 11:13:38
Lusaka, Zambia (PANA) - The Jesuit Centre for Theological Reflection (JCTR) in Zambia has said that the 2021 National Budget [...] Full text...

thread Economy

IMF commends Somalia’s commitment to economic reforms

25 september 2020 - 09:40:00
Mogadishu, Somalia (PANA) – Despite multiple hits from flooding, desert locusts, and the global coronavirus pandemic, the authorities in Somalia [...] Full text...

thread Economy

Nigerien president calls for reflections on "the essential reforms of world governance"

24 september 2020 - 20:11:26
Niamey, Niger (PANA) - Nigerien President Issoufou Mahamadou and also president of the United Nations Security Council for the month [...] Full text...

thread Politics

IMF approves Sudan’s reform programme heading for debt relief

24 september 2020 - 09:32:34
Khartoum, Sudan (PANA) - The Executive Board of the International Monetary Fund (IMF) has endorsed Sudan’s Staff-Monitored Programme (SMP) which [...] Full text...

thread Economy

Mauritanian govt. presents Extended Priority Programmes to partners

22 september 2020 - 15:07:00
Nouakchott, Mauritania (PANA) - The Mauritanian government on Tuesday presented its Extended Priority Programmes to Technical and Financial Partners (TFPs), [...] Full text...

thread Economy

Coronavirus: IMF says recovery of Senegal’s economy is underway

22 september 2020 - 07:28:29
Dakar, Senegal (PANA) - Senegal's economy is expected to contract this year as a result of disruptions in economic activity [...] Full text...

thread Economy

Group of banks raises 300 billion FCFA to prop up Congolese companies

21 september 2020 - 15:34:38
Brazzaville, Congo (PANA) - A group of banks has put in place 300 billion FCFA to support Congolese companies, the [...] Full text...

thread Economy

GCA Africa launch seeks to improve effectiveness of climate adaption activities across Africa

18 september 2020 - 18:10:40
Abidjan, Cote d'Ivoire (PANA) - The regional office of the Global Center on Adaptation (GCA) was inaugurated on Wednesday in [...] Full text...

thread Environment

Coronavirus: Structural reforms are critical for Angola’s economic diversification - IMF

17 september 2020 - 12:45:50
Luanda, Angola (PANA) – Pursuing structural reforms is critical to diversify Angola’s economy and lay the foundations for private sector-led [...] Full text...

thread Economy

Ban Ki-moon, AfDB President Adesina, other global leaders launch GCA regional office in Africa

14 september 2020 - 19:31:50
Abidjan, Cote d'Ivoire (PANA) - Ban Ki-moon, Chair of the Global Center on Adaptation (GCA) and 8th Secretary-General of the [...] Full text...

thread Economy

Coronavirus: Pandemic imposes severe health, social, economic hardships in Mauritania

03 september 2020 - 13:00:59
Nouakchott, Mauritania (PANA) - The Executive Board of the International Monetary Fund (IMF) has completed the fifth review of Mauritania’s [...] Full text...

thread Economy

IMF reacts on dismissal of Zambia Central Bank Governor

25 august 2020 - 06:29:16
Lusaka, Zambia (PANA) - The macroeconomic stability that most developing countries have enjoyed in recent years has greatly relied on [...] Full text...

thread Economy

Coronavirus: Pandemic creates large health, social needs in Ethiopia – IMF

22 august 2020 - 20:03:52
Addis Ababa, Ethiopia (PANA) -  Ethiopian authorities and a team from the International Monetary Fund (IMF) have reached a staff-level [...] Full text...

thread Economy

COMESA chief, Kenya sports minister named for Africa influential woman award

20 august 2020 - 22:24:57
COMESA chief, Kenya sports minister named for Africa influential woman award   Nairoi, Kenya (PANA)  - COMESA Secretary General Chileshe Kapwepwe has [...] Full text...

thread Gender

Togo pays tribute to 'national hero, statesman' Edem Kodjo as he is laid to rest

20 august 2020 - 18:50:38
Lomé, Togo (PANA) - Togolese and foreign dignitaries have paid tribute to the former Secretary-General of the Organization of African [...] Full text...

thread Society

Coronavirus: Pandemic hits Seychelles with unprecedented economic impact- IMF

20 august 2020 - 09:57:15
Victoria, Seychelles (PANA) - The COVID-19 pandemic has had an unprecedented economic impact on Seychelles through the implementation of strict [...] Full text...

thread Economy

Forest fire guts part of major national park in South Western Rwanda

14 august 2020 - 23:55:12
Kigali, Rwanda (PANA) -  A forest fire suspected to have been caused by burning activities broke out earlier this week [...] Full text...

thread Environment

Coronavirus: WHO chief calls for solidarity in financing, ensuring equal access to future vaccine

14 august 2020 - 05:46:37
Geneva, Switzerland (PANA) - The World Health Organization (WHO) said on Thursday that six months after first sounding the international [...] Full text...

thread Health

Coronavirus: IMF ticks US$152.61 million for Gabon to meet needs stemming from pandemic

01 august 2020 - 08:26:40
Libreville, Gabon (PANA) - The Executive Board of the International Monetary Fund (IMF) on Friday approved a disbursement of US$ [...] Full text...

thread Economy

Coronavirus: IMF stresses central banks transparency, accountability during pandemic

31 july 2020 - 13:28:54
Dar es Salaam, Tanzania (PANA) - More transparency and accountability are required to maintain public support, safeguard independence, and enhance [...] Full text...

thread Economy

Coronavirus: IMF approves extra package of US$171.9 million for Madagascar to tackle pandemic

31 july 2020 - 10:42:35
Antananarivo, Madagascar (PANA) - The International Monetary Fund (IMF) has approved the disbursement of US$171.9 million to Madagascar to help [...] Full text...

thread Economy

Coronavirus: Eswatini secures US$110.4 million IMF emergency support to address pandemic

30 july 2020 - 10:02:15
Mbabane, Eswatini (PANA) - The International Monetary Fund (IMF) has approved Eswatini’s request for emergency financial assistance of US$110.4 million [...] Full text...

thread Economy

Coronavirus: IMF provides US$49.1 million to ease Lesotho’s payments pressure

30 july 2020 - 09:27:56
Maseru, Lesotho (PANA – Lesotho is now set to  reduce balance of payments pressures stemming from the COVID-19 pandemic after [...] Full text...

thread Economy

COVID-19: South Africa secures major IMF loan

28 july 2020 - 12:49:46
Cape Town, South Africa (PANA) – The International Monetary Fund (IMF) has approved South Africa’s first ever request for emergency [...] Full text...

thread Economy

Coronavirus: IMF approves temporary increase in annual access limits to financial support

23 july 2020 - 16:22:13
Dar es Salaam, Tanzania (PANA) - The severe impact of the coronavirus pandemic on global economic conditions has resulted in [...] Full text...

thread Economy

Coronavirus: IMF approves additional US$68.49 million disbursement for Chad

23 july 2020 - 09:18:12
Ndjamena, Chad (PANA) – Chad has secured a second disbursement in three months from the International Monetary Fund (IMF) to [...] Full text...

thread Economy

Coronavirus: IMF approves US$7.6 million debt relief to Burundi

21 july 2020 - 10:14:26
Bujumbura, Burundi (PANA) – Assisting Burundi to free up resources for public sector health needs, including mitigation of the balance [...] Full text...

thread Economy

Armed bandits kill 3 officers, 15 soldiers in Katsina State, Northwest Nigeria

19 july 2020 - 19:23:32
Abuja, Nigeria (PANA) – Three officers and 15 soldiers of the Nigerian Army’s Special Forces were killed on Saturday by [...] Full text...

thread Society

Coronavirus: Senegal’s key challenge is transparent implementation of measures addressing the crisis - IMF

18 july 2020 - 08:43:23
Washington, DC, US (PANA – Senegal’s containment measures against the coronavirus pandemic, as well as lower external demand, reduced remittances, [...] Full text...

thread Economy

IMF Managing Director names Kenyan Ceda Ogada as Secretary of the Fund

16 july 2020 - 11:08:21
Dar es Salaam, Tanzania (PANA) – International Monetary Fund (IMF) Managing Director, Ms. Kristalina Georgieva, has announced her intention to [...] Full text...

thread Society

Inflation drop by 1.5 basis points in Botswana

16 july 2020 - 09:27:48
Gaborone, Botswana (PANA) - Statistics Botswana (SB) Thursday announced that the country’s inflation significantly dropped in June. Malebogo Kerekang, Acting Statistician [...] Full text...

thread Economy

COVID-19: IMF foresees more people living in extreme poverty in Zambia

16 july 2020 - 09:19:02
Lusaka, Zambia (PANA) - Zambia’s economic growth is forecast at around ‑5 per cent in 2020, substantially lower than envisaged [...] Full text...

thread Economy

COVID-19: Chad secures US$68 million from IMF to address pandemic challenges

14 july 2020 - 06:10:35
Ndjamena, Chad (PANA) – Staff of the International Monetary Fund (IMF) and the authorities in Chad have completed discussions for [...] Full text...

thread Economy

Libyan dailies highlight unemployment, mines in Tripoli and resumption of oil production

11 july 2020 - 18:12:37
Tripoli, Libya (PANA) - Social issues related to the daily life of Libyan citizens resonated in the country's press this [...] Full text...

thread Press Review

COVID-19: Digital technologies could help Uganda’s economy recover faster - Report

09 july 2020 - 05:03:57
Kampala, Uganda (PANA) – Uganda’s real gross domestic product (GDP) growth in 2020 is projected to be between 0.4 and 1.7% compared to 5.6% in 2019, [...] Full text...

thread Economy

Coronavirus: ADF approves US$165 million grant for Ethiopia's national COVID-19 emergency response

03 july 2020 - 14:52:42
Addis Ababa, Ethiopia (PANA) - The Board of Directors of the African Development Fund (ADF) on 3 July, 2020, approved [...] Full text...

thread Health

COVID-19: Pandemic likely to cause sharp economic contraction in São Tomé and Príncipe

01 july 2020 - 08:17:58
São Tomé, São Tomé and Príncipe (PANA) - The COVID-19 pandemic is expected to cause a sharp real economic contraction [...] Full text...

thread Economy

COVID-19: IMF official tips African oil exporters on extraordinary challenges ahead

01 july 2020 - 06:40:02
Dakar, Senegal (PANA) - The economic toll of COVID-19, both through lockdowns and external shocks, will have a staggering effect [...] Full text...

thread Economy

Coronavirus: Scope for pandemic to spread aggressively remains real threat in sub-Saharan Africa - IMF

30 june 2020 - 10:12:59
Washington, DC, US (PANA) – The COVID-19 pandemic continues to represent an unprecedented health and economic crisis, with costs that [...] Full text...

thread Economy

COVID-19: IMF approves 12-month US$5.2 billion Standby-by Arrangement for Egypt

27 june 2020 - 06:07:49
Washington, DC, US (PANA) – Egypt has secured a 12-month Standby-by Arrangement (SBA) with the International Monetary Fund (IMF) with [...] Full text...

thread Economy

International community shows strong support for Sudan with US$1.8 billion pledge

26 june 2020 - 18:08:34
Berlin, Germany (PANA) - Over US$1.8 billion in pledges poured in for Sudan during a high-level Sudan Partnership Conference, held [...] Full text...

thread Economy

Coronavirus: Economic recovery will be slower following ‘crisis like no other’, IMF predicts

25 june 2020 - 04:34:21
Washington, DC, US (PANA) -Economic recovery from the COVID-19 pandemic is projected to be more gradual than previously forecast, according [...] Full text...

thread Economy

COVID-19: IMF supports Sudan to reach out to donors for its reform package

24 june 2020 - 12:54:16
Khartoum, Sudan (PANA) - Sudanese authorities have requested a 12-month Staff-Monitored Program (SMP) to support their efforts to restore macroeconomic [...] Full text...

thread Economy

Rights groups urge IMF to delay vote on US$5.2 billion loan to Egypt

24 june 2020 - 05:42:19
Washington, DC, US (PANA) – The International Monetary Fund (IMF) should delay a vote on a US$5.2 billion loan to [...] Full text...

thread Economy

Senior EU delegation visits Sudan prior to Berlin Conference

23 june 2020 - 17:48:18
Khartoum, Sudan (PANA) - A high-level European Union delegation landed in Khartoum, 24 hours before an international conference for economic [...] Full text...

thread Politics

Rwandan media assess development in easing COVID-19 lockdown measures

20 june 2020 - 15:02:12
Kigali, Rwanda (PANA) - Rwandan newspapers this week gave wide coverage to ongoing efforts to ease COVID-19 lockdown measures  especially [...] Full text...

thread Press Review

Coronavirus: IMF approves US$148 million support for Guinea to address negative impact

20 june 2020 - 06:58:23
Washington DC, US (PANA) – The International Monetary Fund (IMF) on Friday approved a disbursement of US$148 million under the [...] Full text...

thread Economy

COVID-19: IMF, Senegal reach staff-level deal on economic, financial policies

15 june 2020 - 13:12:50
Dakar, Senegal (PANA) - A staff team of the International Monetary Fund (IMF) has reached staff-level agreement with the authorities [...] Full text...

thread Economy

COVID-19: IMF approves US$111.06 million disbursement to shore up Rwanda in addressing financing needs

12 june 2020 - 15:57:52
Washington, DC, US (PANA) -  The Executive Board of the International Monetary Fund (IMF) on Thursday approved the disbursement of [...] Full text...

thread Economy

COVID-19: HRW urges transparency in Cameroonian emergency health fund management

12 june 2020 - 13:42:51
Nairobi, Kenya (PANA) - Cameroon's government should immediately publish information on the revenues, disbursements, and management of its Health Solidarity [...] Full text...

thread Health

Coronavirus: Tanzania seeks funds from international financial institutions to mitigate effects

11 june 2020 - 22:12:41
Dar es Salaam, Tanzania (PANA) - The government of Tanzania is currently holding talks with various international financial institutions to [...] Full text...

thread Economy

AfDB, development partners propel Somalia back from the brink

11 june 2020 - 16:56:55
Mogadishu, Somalia (PANA) - In early 2020, Somalia, with support from the United Kingdom Government and the European Union (EU), [...] Full text...

thread Economy

Coronavirus: Niger adjusts national budget to accommodate response to the pandemic

09 june 2020 - 17:04:10
Niamey, Niger (PANA) - The National Assembly in Niger on Tuesday approved the first amendment to the 2020 national budget, [...] Full text...

thread Economy

Guinea's mining sector shows good health against coronavirus pandemic

01 june 2020 - 11:36:14
Conakry, Guinea (PANA) - Guinea's mining sector will suffer "limited impact" of the coronavirus disease in the current year, an [...] Full text...

thread Economy

Coronavirus: Shutting down economies, President Barrow tells UN

28 may 2020 - 21:13:37
Banjul, Gambia (PANA) - President Adama Barrow Thursday told the UN high-level virtual meeting on ‘Financing for Development on Covid-19’ [...] Full text...

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Nigeria: Buhari, opposition PDP bicker over fresh request for US$5.513b loan from IMF, other bodies

28 may 2020 - 19:58:44
Abuja, Nigeria (PANA) – President Muhammadu Buhari has asked the National Assembly to approve his request to seek a fresh [...] Full text...

thread Economy

Coronavirus: UN chief renews call for pandemic solidarity as WHO warns ‘majority’ of world still at risk

18 may 2020 - 16:34:54
Geneva, Switzerland (PANA) - A “massive” and combined effort by all countries is needed to tackle the COVID-19 pandemic, UN [...] Full text...

thread Health

Coronavirus: Nigeria urges state govts to be cautious in lifting restrictions on large gatherings

16 may 2020 - 07:24:33
Abuja, Nigeria (PANA) - The Nigerian Presidential Taskforce (PTF) on COVID-19 has urged state governments lifting restrictions on large congregation [...] Full text...

thread Health

Coronavirus: IMF helps Egypt alleviate financing needs arising from COVID-19 pandemic

12 may 2020 - 12:45:25
Washington, US (PANA) - The Executive Board of the International Monetary Fund (IMF) has approved Egypt’s request for emergency financial [...] Full text...

thread Economy

Coronavirus: Pandemic feared to affect 1.4 million jobs in Ethiopia

08 may 2020 - 14:20:00
Addis Ababa, Ethiopia (PANA) - Close to 1.4 million workers in Ethiopia will be affected by the coronavirus pandemic, particularly [...] Full text...

thread Economy

Coronavirus: Ghana says its cases may have 'peaked' but warns it's not out of the woods

07 may 2020 - 12:13:42
Accra, Ghana (PANA) – Ghana may have reached its peak in the spread of the COVID-19 (coronavirus) pandemic, senior health [...] Full text...

thread Health

Coronavirus: IMF says Ugandan economy ‘severely affected by COVID-19 pandemic’

07 may 2020 - 08:51:08
Washington, US (PANA) – The Executive Board of the International Monetary Fund (IMF) has approved a disbursement of US$491.5 million [...] Full text...

thread Economy

Gambia: Foreign minister says country continues to struggle with high debt burden

05 may 2020 - 17:00:42
Banjul, Gambia (PANA) - The Gambian Minister of Foreign Affairs, Dr. Mamadou Tangara, told member States of the Non-Aligned Movement [...] Full text...

thread Economy

Coronavirus: Cameroon gets US$ 226 million IMF support to address impact of pandemic

05 may 2020 - 08:43:39
Yaoundé, Cameroon (PANA) – Cameroon has secured US$226 million from the International Monetary Fund (IMF) to meet its balance of [...] Full text...

thread Economy

Coronavirus: IMF approves US$91 million credit for Malawi to tackle COVID-19 effects

02 may 2020 - 08:40:43
Lilongwe, Malawi (PANA) - The International Monetary Fund (IMF) Saturday approved a disbursement of US$91 million under the Rapid Credit [...] Full text...

thread Economy

Coronavirus: IMF approves a US$200 million disbursement to Mali to address pandemic

01 may 2020 - 09:46:08
Bamako, Mali (PANA) – The International Monetary Fund (IMF) has approved a disbursement of US$200 million under the Rapid Credit [...] Full text...

thread Economy

Coronavirus: IMF approves US$411 million emergency assistance to Ethiopia to tackle pandemic

01 may 2020 - 09:39:36
Addis Ababa, Ethiopia (PANA) – The International Monetary Fund (IMF)’s approval of US$411 million emergency assistance to Ethiopia to address [...] Full text...

thread Economy

Zimbabwe's Finance minister reveals economy near collapse with 20 percent contraction expected (A PANA News Analysis)

01 may 2020 - 06:01:54
Harare, Zimbabwe (PANA) - Zimbabwe’s economy is expected to contract by a whopping 20 percent this year as it barrels [...] Full text...

thread Economy

Coronavirus: UN chief calls for ‘solidarity, unity and hope’ in battling pandemic

01 may 2020 - 05:47:41
New York, US (PANA) - Amidst the destruction of the COVID-19 pandemic, the United Nations chief has expressed concern over [...] Full text...

thread Health

Botswana eases monetary policy to support economy

30 april 2020 - 15:40:09
Gaborone, Botswana (PANA) - Central bank authorities in Botswana have reduced the country’s bank rate by 50 basis points from [...] Full text...

thread Economy

Coronavirus: IMF approves US$3.4 billion emergency support to Nigeria to address pandemic

29 april 2020 - 10:44:50
Abuja, Nigeria (PANA) - Nigeria’s request for emergency financial assistance of US$ 3.4 billion to address the severe economic impact [...] Full text...

thread Economy

Coronavirus: G5 Sahel presidents call for help

28 april 2020 - 23:43:18
Nouakchott, Mauritania (PANA) - The G5 Sahel presidents Tuesday made a solemn appeal for international solidarity to help the sub-region [...] Full text...

thread Politics

Gabon, IMF sign deal for rapid recovery of the Gabonese economy after Covid-19 pandemic and the oil crash

28 april 2020 - 17:30:29
Libreville, Gabon (PANA) - The International Monetary Fund (IMF) and the Gabonese government have reached an agreement for a facility [...] Full text...

thread Economy

Coronavirus: WTO, IMF heads call for lifting trade restrictions on medical supplies and food

25 april 2020 - 11:37:51
Dar es Salaam, Tanzania (PANA) – Heads of two international organizations have called for more attention to the role of [...] Full text...

thread Economy

Coronavirus: IMF approves US$309 million emergency assistance for Mozambique to address pandemic

25 april 2020 - 10:07:58
Maputo, Mozambique (PANA) – Concerned that the COVID-19 pandemic will have a significant impact on Mozambique’s economy, the International Monetary [...] Full text...

thread Economy

Coronavirus: IMF approves US$130 million support for Mauritania to address pandemic

24 april 2020 - 07:26:34
Nouakchott, Mauritania (PANA) – Mauritania has secured US$130 million as emergency support to be drawn under the Rapid Credit Facility [...] Full text...

thread Economy

Coronavirus: ECOWAS leaders stress containment, prevention and fight against pandemic

24 april 2020 - 07:17:14
Abuja, Nigeria (PANA) - West African leaders on Wednesday stressed that the containment, prevention and fight against COVID-19 (coronavirus) remain [...] Full text...

thread Health

The EU’s global response to coronavirus: "supporting our partner countries – The Gambia included" - Ambassador Lajos

23 april 2020 - 23:18:26
Banjul, Gambia (PANA) - European Union Ambassador to The Gambia Attila Lajos Thursday called for global cooperation to fight the [...] Full text...

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Coronavirus: IMF announces new Short-term Liquidity Line to enhance adequacy of global financial safety net

23 april 2020 - 11:15:27
Washington, US (PANA) – In view of intensified demand for liquidity and heightened global uncertainty, the Executive Board of the [...] Full text...

thread Economy

Coronavirus: IMF supports Comoros to address pandemic

23 april 2020 - 10:35:41
Washington, US (PANA) - The Executive Board of the International Monetary Fund (IMF) has approved a US$12 million emergency assistance [...] Full text...

thread Economy

Coronavirus: IMF approves US$363.27 million support for DRC to tackle pandemic

23 april 2020 - 08:35:13
Kinshasa, DR Congo (PANA) - The International Monetary Fund (IMF) has approved the disbursement of US$363.27 million under the Rapid [...] Full text...

thread Economy

IMF, Heads of RFAs emphasise cooperation to mitigate COVID-19 impact on global economy

22 april 2020 - 13:59:19
Dar es Salaam, Tanzania (PANA) - The International Monetary Fund (IMF) and the world’s Regional Financing Arrangements (RFAs) stand united [...] Full text...

thread Economy

Coronavirus: IMF approves a US$12 million for São Tomé and Príncipe to address pandemic

22 april 2020 - 11:17:57
Washington, US (PANA) - The Executive Board of the International Monetary Fund (IMF) has approved a US$12.29 million disbursement for [...] Full text...

thread Health

Coronavirus: IMF approves US$38 million to help CAR address pandemic

21 april 2020 - 10:12:11
Bangui, Central African Republic (PANA) – The International Monetary Fund (IMF) on Monday approved US$38 million emergency assistance for Central [...] Full text...

thread Economy

Coronavirus: Zimbabwe President Mnangagwa to go through with lifting national lockdown amid economic turmoil

18 april 2020 - 19:09:02
Harare, Zimbabwe (PANA) - Zimbabwe President Emmerson Mnangagwa has decided to lift the national lockdown to combat COVID-19 (coronavirus), scheduled [...] Full text...

thread Society

Covid-19: Oxfam France says the G20 debt moratorium is insufficient

16 april 2020 - 16:51:05
Paris, France (PANA) - Oxfam France said on Wednesday that the G20 debt moratorium suspending debt repayment for the poorest [...] Full text...

thread Economy

Coronavirus: IMF disburses US$115.1 million to Chad to address Covid-19 pandemic

16 april 2020 - 15:27:33
Ndjamena, Chad (PANA) - In a bid to help Chad meet the urgent balance of payment needs stemming from the [...] Full text...

thread Health

Coronavirus: IMF approves US$21.3 million for Gambia to address COVID-19 pandemic

16 april 2020 - 14:57:26
Banjul, Gambia (PANA) – Severely affected by the COVID-19 pandemic, The Gambia will get relief from the International Monetary Fund [...] Full text...

thread Health

Coronavirus: Africa mobilising to minimise losses

16 april 2020 - 05:39:49
New York, US (PANA) - From procuring test kits to promoting debt relief, the UN will stand in solidarity with [...] Full text...

thread Health

Coronavirus: Burkina Faso’s immediate challenge is to contain pandemic spread - IMF

15 april 2020 - 10:19:06
Washington, US (PANA) – The Executive Board of the International Monetary Fund (IMF) has approved a disbursement of US$115.3 million [...] Full text...

thread Health

Coronavirus: IMF approves US$114.49 million to Niger to address pandemic

15 april 2020 - 10:08:12
Washington, US (PANA) - The Executive Board of the International Monetary Fund (IMF) on Tuesday approved the disbursement of US$114.49 [...] Full text...

thread Health

Coronavirus: IMF approves US$442 million for Senegal to meet pandemic challenges

14 april 2020 - 06:56:50
Washington, DC (PANA) - The Executive Board of the International Monetary Fund (IMF) has approved US$442 million disbursement for Senegal [...] Full text...

thread Economy

IMF approves immediate debt relief for 25 countries

14 april 2020 - 05:47:31
Washington, DC (PANA) - Nineteen African countries are among 25 countries that will receive debt service relief from the International [...] Full text...

thread Economy

Coronavirus: IMF approves US$1 billion to Ghana to address pandemic

14 april 2020 - 05:38:01
Washington, US  (PANA) - The Executive Board of the International Monetary Fund (IMF) on Monday approved the disbursement of SDR [...] Full text...

thread Economy

Tunisian political party warns against dangers linked to country’s debt

13 april 2020 - 23:10:13
Tunis, Tunisia (PANA)  -  The Tunisian Labour Party has strongly criticized the continuation of the country’s debt policy, describing it [...] Full text...

thread Economy

Coronavirus: IMF predicts unprecedented contraction in Tunisia's growth rate

11 april 2020 - 18:20:20
Tunis, Tunisia (PANA) - The Tunisian economy is expected to contract by 4.3% in 2020 as a result of COVID-19, [...] Full text...

thread Economy

Coronavirus: Not all Gloom and Doom (Feature by Paul Ejime, PANA Guest Writer)

11 april 2020 - 07:13:54
Abuja, Nigeria (PANA) - The dates for the celebration of Easter, Ramadan, Passover and other religious feasts may vary from [...] Full text...

thread Society

Coronavirus: IMF releases 740 million dollars for Tunisia

10 april 2020 - 20:20:25
Tunis, Tunisia (PANA)  -  The International Monetary Fund (IMF) Friday approved the release of 740 million dollars to Tunisia to [...] Full text...

thread Economy

Coronavirus: IMF approves US$147 million for Gabon to address pandemic

10 april 2020 - 06:05:37
Washington, US (PANA) - The Executive Board of the International Monetary Fund (IMF) has approved the disbursement of US$147 million, [...] Full text...

thread Economy

Coronavirus: Morocco draws on precautionary instrument with IMF to address pandemic

09 april 2020 - 09:41:17
Washington, US (PANA) - Moroccan authorities have drawn on all resources available under the current ‘Precautionary and Liquidity Line’ (PLL) [...] Full text...

thread Economy

Coronavirus: IMF to disburse US$115 million to Chad

09 april 2020 - 09:36:11
N'djamena, Chad (PANA) – Chadian authorities and the International Monetary Fund (IMF) staff have completed discussions for a disbursement by [...] Full text...

thread Health

Coronavirus: 30 new cases recorded in Guinea

08 april 2020 - 21:17:51
Conakry, Guinea (PANA)  -  The Guinean national health security agency (ANSS) Wednesday recorded 30 new cases of coronavirus (COVID-19), taking [...] Full text...

thread Health

Coronavirus: Debt relief for the poorest countries critical in fight against COVID-19 - UNICEF

08 april 2020 - 19:45:19
New York, US (PANA) - “COVID-19 is generating an unprecedented global economic crisis. And as we witness in all such [...] Full text...

thread Economy

Guinea adopts response plan against coronavirus for 19 billion CFAF

07 april 2020 - 20:56:46
Conakry, Guinea (PANA) -  Guinean Prime Minister Dr Ibrahima Kassory Fofana Monday evening announced the adoption of an economic response [...] Full text...

thread Health

Coronavirus: Nationwide lockdown to have direct and indirect consequences on livelihoods

07 april 2020 - 12:56:57
Harare, Zimbabwe (PANA) - U.S. AID food security arm, FEWS NET, says Zimbabwe's nationwide lockdown will likely have direct and [...] Full text...

thread Society

Rwandan papers focus on response to the coronavirus economic crisis

04 april 2020 - 13:11:14
Kigali, Rwanda (PANA) - Rwandan newspapers this week largely focused on ongoing  efforts in the country to deal with the [...] Full text...

thread Press Review

. IMF approves US$ 165.99million outlay for Madagascar to address Covid-19 pandemic

04 april 2020 - 08:32:50
Washington, US (PANA) – The Executive Board of the International Monetary Fund (IMF) on Friday approved a disbursement under the Rapid [...] Full text...

thread Economy

COVID-19: IMF approves US $21.13 million outlay for Sierra Leone

04 april 2020 - 07:55:35
Freetown, Sierra Leone (PANA) – The International Monetary Fund (IMF) has approved disbursement of US $21.13 million to Sierra Leone, [...] Full text...

thread Health

IMF increases disbursement for Togo to address the COVID-19 impact

04 april 2020 - 07:04:53
Lome, Togo (PANA) – The Executive Board of the International Monetary Fund (IMF) has approved Togo’s request for an augmentation [...] Full text...

thread Health

Coronavirus: IMF provides $109m emergency funding to Rwanda

03 april 2020 - 20:30:42
Kigali, Rwanda (PANA) - The International Monetary Fund (IMF) has approved US$109 million in emergency funding to support Rwanda’s response [...] Full text...

thread Health

Coronavrus: IMF approves US$109.4 million for Rwanda to address pandemic

03 april 2020 - 09:31:55
Kigali, Rwanda (PANA) – Rwanda has secured US$109.4 million from the International Monetary Fund (IMF) to address the COVID-19 (coronavirus) [...] Full text...

thread Economy

IMF approves US$23.5 million for Guinea to meet needs created by COVID-19 crisis

02 april 2020 - 10:58:41
Conakry, Guinea (PANA) – Completing the fourth review of Guinea’s economic performance under the Extended Credit Facility (ECF), the Executive [...] Full text...

thread Economy

Coronavirus: IMF readies to extend US$221m to Senegal

02 april 2020 - 10:16:07
Dakar, Senegal (PANA) – Senegal and the International Monetary Fund (IMF) staff have completed discussions for emergency access to the [...] Full text...

thread Economy

Corinavirus: Ghana's finance minister paints gloomy picture of economy

30 march 2020 - 18:58:00
Accra, Ghana (PANA) - Ghana's finance minister Ken Ofori-Atta on Monday painted a gloomy picture of impact on the country's [...] Full text...

thread Economy