Fostering core government bond market resilience: IMF Blog By Tobias Adrian, Kleopatra Nikolaou, Jason Wu

22 may 2025 - 08:20:34
Washington, DC, United States (PANA) - The smooth functioning of government bond markets is important for the safety and soundness [...] Full text...

thread Economy

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

17 may 2025 - 09:38:57
Mogadishu, Somalia (PANA) - Somalia has continued steadfast reform implementation and programme performance has been strong, the International Monetary Fund [...] Full text...

thread Economy

Zambia’s economic recovery gaining pace: IMF

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

thread Economy

Another year, another rise in food insecurity – including famine

16 may 2025 - 19:40:09
Geneva, Switzerland (PANA) - In July 2024, famine was detected in the Sudan’s Zamzam IDP camp. In the following months, [...] Full text...

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Sudden escalation of trade tensions sends shockwaves through global economy

16 may 2025 - 07:38:44
New York, US (PANA) - Amid escalating trade tensions and growing policy uncertainties, the global economy stands at a fragile [...] Full text...

thread Economy

IMF reaches staff-level agreement with Cape Verde on ECF review

15 may 2025 - 14:20:19
Praia, Cape Verde (PANA) - International Monetary Fund (IMF) staff and Cape Verdean authorities have reached a staff-level agreement on [...] Full text...

thread Economy

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

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

thread Economy

IMF staff find a deteriorating outlook posing risks in Angola

15 may 2025 - 09:05:14
Luanda, Angola (PANA) - Angola’s economic growth for 2024 was strong, but the outlook has deteriorated posing risks, according to [...] Full text...

thread Economy

Steering through the Fog: The Art and Science of Monetary Policy in Emerging Markets: Statement By Gita Gopinath, IMF First Deputy Managing Director

10 may 2025 - 10:35:12
Washington, DC, United States (PANA) - Since early April, the US effective tariff rate has increased to levels last seen [...] Full text...

thread Economy

More than 50 million in West and Central Africa at risk of hunger

10 may 2025 - 07:34:59
Dakar, Senegal (PANA) - The UN World Food Programme (WFP) has warned that millions of people in West and Central [...] Full text...

thread Society

More than 50 million in West and Central Africa at risk of hunger

10 may 2025 - 07:16:04
Geneva, Switzerland (PANA) -The UN World Food Programme (WFP) has warned that millions of people in West and Central Africa [...] Full text...

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IMF welcomes resilience of WAEMU financial system but notes the sovereign‑bank nexus poses risks to stability

07 may 2025 - 11:14:36
Dakar, Senegal (PANA) - Economic growth continues to be strong in the West African Economic and Monetary UNION (WAEMU) member [...] Full text...

thread Economy

Sub-Saharan Africa’s fragile recovery tested by global policy uncertainty

26 april 2025 - 10:51:19
Washington, DC, USA (PANA) -The International Monetary Fund (IMF) expects growth in sub-Saharan Africa to ease to 3.8 percent in 2025 [...] Full text...

thread Economy

IMF must focus on core mandate, encourage growth and stability – IMFC

26 april 2025 - 10:10:43
Washington, DC. USA (PANA) . The International Monetary Fund (IMF) must continue to focus on its core mandate, including supporting [...] Full text...

thread Economy

Asia can boost economic resilience amid surging trade tensions: IMF Blog By Thomas Helbling, Andrea Pescatori, and Krishna Srinivasan

25 april 2025 - 08:47:23
Washington, DC, USA (PANA) - As the global economic system is being reset, US tariffs are the highest in a [...] Full text...

thread Economy

IMF chief calls for balanced growth in global policy agenda

25 april 2025 - 07:31:27
Washington, DC, USA (PANA) - Countries must work constructively to resolve trade tensions, safeguard economic and financial stability, and double [...] Full text...

thread Economy

Economic growth speeding up in Africa, but uncertainty clouds outlook

24 april 2025 - 07:05:03
Washington, DC, USA (PANA) - Economic growth in Sub-Saharan Africa is showing some resilience despite uncertainty in the global economy [...] Full text...

thread Economy

IMF scales down growth in Africa by 0.3 percentage points to 3.9 percent for 2025

23 april 2025 - 05:33:01
Washington, DC, US (PANA) - The Chairman of the African Caucus at the International Monetary Fund (IMF), Mr. Hervé Ndoba, [...] Full text...

thread Economy

IMF team says Nigerian authorities taken important steps to stabilise economy

18 april 2025 - 17:06:03
Abuja, Nigeria (PANA) - The Nigerian authorities have taken important steps to stabilise the economy, enhance resilience, and support growth, [...] Full text...

thread Economy

Tanzania set to access US$441 million in IMF financing

18 april 2025 - 08:09:20
Dar es Salaam, Tanzania (PANA) - Tanzanian authorities and the International Monetary Fund (IMF) have reached staff-level agreement on the [...] Full text...

thread Economy

IMF, Gambia reach Staff-Level agreement on RSF arrangement and Third review under ECF arrangement

17 april 2025 - 10:56:31
Washington, DC, US (PANA) - The Gambian authorities and a team of the International Monetary Fund (IMF) have reached a [...] Full text...

thread Economy

IMF, Libya complete Article IV Mission

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

thread Economy

Global growth on recessionary path amid trade tensions and uncertainty

17 april 2025 - 05:23:32
Geneva, Switzerland (PANA) - The world economy is on a recessionary trajectory as global growth is expected to slow to [...] Full text...

thread Economy

IMF, Malagasy officials reach staff-level deal on reviews of ECF and RSF plans

16 april 2025 - 10:10:29
Antananarivo, Madagascar (PANA) – Malagasy authorities and the International Monetary Fund staff have reached a staff-level agreement on policies to [...] Full text...

thread Economy

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

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

thread Economy

IMF Staff completes 2025 Article IV Mission to Mauritius

11 april 2025 - 13:00:33
Washington, DC, US (PANA) -  Real GDP of Mauritius grew by a robust 4.7 percent in 2024, driven by services, [...] Full text...

thread Economy

Libyan dinar devalued by 13.3%

06 april 2025 - 15:22:46
Tripoli, Libya (PANA) - The Central Bank of Libya (CBL) announced on Sunday a 13.3% devaluation of the currency, dinar, [...] Full text...

thread Economy

IMF staff, Rwandan authorities agree on fifth review of Policy Coordination Instrument

05 april 2025 - 12:05:34
Kigali, Rwanda (PANA) – The International Monetary Fund (IMF) staff and the Rwandan authorities have reached staff-level agreement on policies [...] Full text...

thread Economy

UN envoy urges international support for West Africa and the Sahel

04 april 2025 - 05:22:33
New York, US (PANA) - The Special Representative for West Africa and the Sahel painted a mixed picture of the [...] Full text...

thread Politics

DRC: Record 28 million people face acute hunger

27 march 2025 - 15:24:55
Rome, Italy (PANA) - Conflicts and rising food prices are plunging the Congolese people into one of the worst food [...] Full text...

thread Society

IMF mission welcomes Senegal’s commitment to fiscal transparency

27 march 2025 - 11:56:51
Dakar, Senegal (PANA) - An International Monetary Fund (IMF) mission visited Senegal to review findings of the audit report by [...] Full text...

thread Economy

Strategic, targeted reforms can strengthen Morocco's business landscape: Report

26 march 2025 - 13:03:00
Rabat, Morocco (PANA) - The Moroccan economy demonstrated resilience and positive trends in 2024 despite facing significant challenges, according to [...] Full text...

thread Economy

How animal spirits affect the economy: IMF Blog By Joel Flynn, assistant professor of economics at Yale University, and Karthik Sastry, assistant professor of economics and public affairs at Princeton University

22 march 2025 - 09:26:52
Washington, DC, United States (PANA) - Storytelling is central to how we interpret economic events. We recall economic history through [...] Full text...

thread Economy

East Africa leads regional growth in Africa, says report

20 march 2025 - 15:32:56
Cotonou, Benin (PANA) - Growth in East Africa is expected to be stronger than in other sub-regions, reaching 6% in [...] Full text...

thread Economy

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

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

thread Economy

World Bank enhances commitment to human capital development in Morocco

20 march 2025 - 07:32:03
Rabat, Morocco (PANA) — The World Bank's Board of Directors has approved a $600 million financing package for the third [...] Full text...

thread Society

Conflict, weather events drive food insecurity in many countries: WB report

18 march 2025 - 10:08:21
Dar es Salaam, Tanzania (PANA) - Conflict and weather-related events continue to drive food insecurity in different countries, says the [...] Full text...

thread Society

World Bank’s report urges swift, sustained reforms to accelerate recovery, inclusive growth in South Sudan

14 march 2025 - 08:04:28
Juba, South Sudan (PANA) - The 7th edition of South Sudan Economic Monitor (SSEM) titled ‘A Pathway to Overcome the [...] Full text...

thread Economy

IMF Board completes review of Cong’s ECF arrangement

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

thread Economy

Millions in Central Sahel, Nigeria face food cuts amid WFP funding crisis

09 march 2025 - 05:04:54
Abuja, Nigeria (PANA) - The UN World Food Programme (WFP) has warned that potentially life-saving food and nutrition assistance in [...] Full text...

thread Society

New report forecasts better prospects for South Africa’s dairy industry

01 march 2025 - 11:55:25
Pretoria, South Africa (PANA) - South Africa’s dairy industry is likely to grow in the future due to improving economic [...] Full text...

thread Agriculture

Anchoring macroeconomic stability through fiscal policy in Zimbabwe

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

thread Economy

IMF concludes 2024 Article IV Consultation with Angola

25 february 2025 - 09:09:01
Luanda, Angola (PANA} - Angola’s economy recovered in 2024 as the oil sector rebounded. GDP growth is estimated to have [...] Full text...

thread Economy

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

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

thread Economy

Barrow ignites hope for a stronger, self-reliant nation

18 february 2025 - 19:51:22
Banjul, Gambia (PANA)- President Adama Barrow has urged Gambians to embrace self-reliance, unity, and national development as the West African [...] Full text...

thread Politics

New report highlights Africa’s strengthening economic growth amid global challenges

16 february 2025 - 07:59:37
Addis Ababa, Ethiopia (PANA) - Africa’s economic performance is showing signs of improvement but remains vulnerable to global shocks, according [...] Full text...

thread Economy

IMF staff completes Staff-Monitored Programme discussion with Zimbabwe

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

thread Economy

Rising rates may trigger financial instability, complicating fight against inflation: IMF Blog By Katharina Bergant, Mai Hakamada, Divya Kirti, and Rui C. Mano

14 february 2025 - 07:45:18
Washington, DC, United States (PANA) - Before the pandemic, investors worried about how persistently low inflation and interest rates would [...] Full text...

thread Economy

IMF completes first review of Liberia’s ECF programme underlining governance reforms

06 february 2025 - 08:48:24
Monrovia, Liberia (PANA) – Liberia is now in position to draw US$46 million from the International Monetary Fund (IMF) for [...] Full text...

thread Economy

'Clock ticking on South Sudan’s transition'

06 february 2025 - 05:20:12
New York, US (PANA) - As South Sudan enters a so-called “extended transitional period” this month, the UN’s top envoy [...] Full text...

thread Politics

Clock ticking on South Sudan’s transition, Security Council hears

05 february 2025 - 20:40:35
New York, US )PANA) - As South Sudan enters a so-called “extended transitional period” this month, the UN’s top envoy [...] Full text...

thread Society

South Africa’s energy, transport reforms could create 500,000 jobs: World Bank

05 february 2025 - 09:05:02
Cape Town, South Africa (PANA) - South Africa could increase its GDP growth by 1% in the short term and [...] Full text...

thread Economy

IMF Executive Board Concludes 2024 Article IV Consultation with South Africa

02 february 2025 - 08:26:03
Washington, DC, US (PANA) - South Africa’s economy has continued to face challenges in recent years, the International Monetary Fund [...] Full text...

thread Economy

IMF Executive Board Concludes 2024 Article IV Consultation with South Africa

02 february 2025 - 07:01:04
Washington, DC, US (PANA) - South Africa’s economy has continued to face challenges in recent years, the International Monetary Fund [...] Full text...

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Cameroon gains some recovery as economic growth remains subdued

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

thread Economy

Malawi needs urgent action on macroeconomic reforms and transformative potential of mining: WB report

31 january 2025 - 08:28:24
Lilongwe, Malawi (PANA) - Malawi’s economic recovery remains fragile due to lagging implementation of macroeconomic reforms and a series of [...] Full text...

thread Economy

With IMF support Cape Verde aims to build climate resilience, grow strongly

25 january 2025 - 08:52:41
Washington, DC, US (PANA) - The Executive Board of the International Monetary Fund (IMF) has completed the fifth review of [...] Full text...

thread Economy

IMF Executive Board completes Fifth Review Under ECF arrangement for Cabo Verde

20 january 2025 - 05:57:08
Washington, DC, US (PANA) - The Executive Board of the IMF has completed the fifth review of Cabo Verde’s performance [...] Full text...

thread Economy

IMF Board completes second review of Ethiopia’s Extended Credit Facility arrangement

18 january 2025 - 08:43:19
Washington, DC, United States (PANA) : The Executive Board of the International Monetary Fund (IMF) on Friday completed the second [...] Full text...

thread Economy

Global economy stabilises, but developing economies face tougher slog EMBARGOED: NOT FOR PUBLICATION, BROADCAST, OR TRANSMISSION UNTIL THURSDAY, JANUARY 16, 2025, AT 1:00 PM ET, WHICH IS 6:00 PM UTC.

16 january 2025 - 18:42:16
Washington DC, US (PANA) - Developing economies -which fuel 60 per cent of global growth - are projected to finish [...] Full text...

thread Economy

Economic recovery is losing steam, warns UN labour agency

16 january 2025 - 12:24:48
Geneva, Switzerland (PANA) - Geopolitical tensions, the rising costs of climate change and unresolved debt issues are putting labour markets [...] Full text...

thread Economy

World economic outlook for 2025 weighed down by fragmentation, debt and political uncertainty

16 january 2025 - 10:22:57
Geneva, Switzerland (PANA) – The global economy is set to face significant challenges in 2025, with 56% of chief economists [...] Full text...

thread Economy

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

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

thread Economy

Côte d’Ivoire: IMF Country Focus -Fostering economic transformation and adapting to climate change

15 january 2025 - 07:19:40
Abidjan, Côte d’Ivoire (PANA) - The Ivoirien economy has performed strongly over the past decade, with GDP growth averaging 6.4 [...] Full text...

thread Economy

Global growth to remain subdued in 2025 amid uncertainty, UN report warns

10 january 2025 - 06:57:55
New York, US (PANA) - Global economic growth is projected to remain at 2.8 per cent in 2025, unchanged from [...] Full text...

thread Economy

2024 - year of remarkable achievements, resilience, and progress for Tanzania

01 january 2025 - 12:18:42
Dar es Salaam, Tanzania (PANA) – The just closed year 2024 saw Tanzania’s economic stability and investment potential widely recognised, [...] Full text...

thread Economy

IMF staff, Egyptian authorities reach staff-level deal on EFF review

25 december 2024 - 12:31:37
Cairo, Egypt (PANA) - The Egyptian authorities and staff of the International Monetary Fund (IMF) have reached staff-level agreement on [...] Full text...

thread Economy

IMF Executive Board completes second review under Extended Credit Facility Arrangement for Burkina Faso

21 december 2024 - 10:30:28
Washington, DC, US (PANA) - The Executive Board of the International Monetary Fund (IMF) has completed the Second Review under [...] Full text...

thread Economy

IMF Executive Board completes first review under Extended Credit Facility arrangement for Togo

21 december 2024 - 09:59:30
Washington, DC, US (PANA) - The Executive Board of the International Monetary Fund (IMF) has completed the first review of [...] Full text...

thread Economy

The Gambia: IMF Executive Board completes second review under the Extended Credit Facility

21 december 2024 - 09:44:25
Washington, DC, US (PANA) – The Executive Board of the International Monetary Fund (IMF) on Friday completed the second review [...] Full text...

thread Economy

IMF Board completes fourth review of Zambia’s ECF arrangement

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

thread Economy

IMF concludes fourth review of Tanzania’s ECF arrangement, allows disbursement of $204.5 million

14 december 2024 - 09:59:34
Dar es Salaam, Tanzania (PANA) – The International Monetary Fund (IMF) has approved immediate disbursement of $204,5 million in two [...] Full text...

thread Economy

IMF staff concludes visit to Djibouti

13 december 2024 - 13:06:11
Djibouti City, Djibouti (PANA) - Djibouti’s maritime-dependent economy has demonstrated resilience to regional conflicts with growth in FY24 projected at [...] Full text...

thread Economy

Gold Outlook 2025 navigates a fine line influenced by rates, risk and growth

13 december 2024 - 12:41:19
London, UK (PANA) - Gold is poised for its best annual performance in more than a decade – up 28% [...] Full text...

thread Economy

For poorest economies, next 25 years could prove decisive: World Bank

13 december 2024 - 07:26:40
Washington, DC, USA (PANA) - The next 25 years could prove decisive in determining whether the world’s 26 poorest countries [...] Full text...

thread Economy

Without course correction, 20 of 26 countries would remain poor through 2050 – World Bank study

12 december 2024 - 07:10:54
EMBARGOED: UNTIL THURSDAY, 12 DECEMBER, 2024, AT 2:00 PM UTC.Washington, DC, USA (PANA) - The next 25 years could prove [...] Full text...

thread Economy

Poverty, vulnerability remain endemic in South Sudan: World Bank report

11 december 2024 - 07:14:20
Juba, South Sudan (PANA) – Poverty is endemic, and vulnerability is almost universal in South Sudan following a decade of [...] Full text...

thread Society

Chad’s economic recovery picks steam - IMF

10 december 2024 - 08:02:32
N’Djamena, Chad (PANA) - Chad’s post-pandemic recovery picked up steam in 2023 with growth increasing to 4.9 percent, the Executive [...] Full text...

thread Economy

Global trade set to reach new high, with opportunities and challenges for developing economies in 2025

06 december 2024 - 19:59:31
Geneva, Switzerland (PANA) - World trade is on track to hit a record $33 trillion in 2024, but risks of [...] Full text...

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Global trade set to reach new high, with opportunities and challenges for developing economies in 2025

05 december 2024 - 17:59:28
Geneva, Switzerland (PANA) -  Global trade is set to reach a record $33 trillion in 2024, according to the latest [...] Full text...

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Housing’s unique role in lives and economies demands greater understanding: IMF Blog By Gita Bhatt

05 december 2024 - 08:43:42
Washington, DC, USA (PANA) - Wherever I go these days, the conversation inevitably focuses on the rising cost of housing. [...] Full text...

thread Economy

Central African Republic designs fiscal instruments for sustainable forestry, economic growth

05 december 2024 - 08:42:15
Bangui, CAR (PANA) - The Central African economy has remained stagnant, with GDP growth estimated to register 0.7% in 2024, [...] Full text...

thread Economy

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

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

thread Society

Ghana votes in 9th elections as it consolidates multi-party democracy

03 december 2024 - 13:39:05
Accra, Ghana (PANA) - Ghanaian voters go to the polls on Saturday, 7 December to elect a president and 276 [...] Full text...

thread Politics

Persistent fall in private borrowing brings global debt down: IMF Blog By Vitor Gaspar, Carlos Gonçalves, Marcos Poplawski-Ribeiro

03 december 2024 - 11:17:39
Washington, DC, United States (PANA) – Global debt decreased about one percentage point to 237 percent GDP in 2023. Empirical [...] Full text...

thread Economy

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

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

thread Economy

Wages are recovering after negative shift in 2022 - ILO

29 november 2024 - 04:36:31
Geneva, Switzerland (PANA) - Pay packets around the world rose 1.8 per cent in 2023 and continued their positive trajectory [...] Full text...

thread Economy

IMF reaches Staff Level agreement on Second Review of ECF for Ethiopia

28 november 2024 - 09:29:50
Washington, DC, US (PANA) - A staff team from the International Monetary Fund (IMF) led by Mr. Alvaro Piris and [...] Full text...

thread Economy

Currencies and inflation across Sub-Saharan Africa in 2024: Divergent experiences: World Bank Blog By Megumi Kubota and Cesar Calderon

26 november 2024 - 07:30:51
Maputo, Mozambique (PANA) - While inflation pressures seemed mostly synchronised in 2022 and the first half of 2023, they are [...] Full text...

thread Economy

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

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

thread Economy

IMF, Comoros reach staff-level agreement on third review of ECF arrangement

16 november 2024 - 10:25:28
Moroni, Comoros (PANA) - Comorian authorities and International Monetary Fund (IMF) staff have reached a staff-level agreement on economic policies [...] Full text...

thread Economy

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

14 november 2024 - 08:35:29
Kinshasa, DR Congo (PANA) – Authorities in the Democratic Republic of Congo (DRC) and a mission of the International Monetary [...] Full text...

thread Economy

33 million people could face hunger in Nigeria next year

13 november 2024 - 05:26:27
Geneva, Switzerland (PANA) - Three UN agencies appealed on Tuesday for lifesaving support in Nigeria, where record inflation, climate shocks [...] Full text...

thread Society

COP29: ‘Pay up or humanity will pay the price’, Guterres warns climate summit

12 november 2024 - 12:48:27
Baku, Azerbaijan (PANA) UN Secretary-General António Guterres said on Tuesday that leaders gathered in Baku for the COP29 Climate Action [...] Full text...

thread Environment

IMF, Zambia strike deal on 4th review of Extended Credit Facility

12 november 2024 - 11:49:13
Lusaka, Zambia (PANA) - The lingering effects of drought have hit Zambia's economic landscape harder than anticipated, with reduced agricultural [...] Full text...

thread Economy

IMF staff, Niger authorities concur on sixth review of economic programme under ECF

12 november 2024 - 11:05:01
Niamey, Niger (PANA) - Niger’s economic outlook is favourable over the near term, with growth projected at 8.8 percent this [...] Full text...

thread Economy

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

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

thread Economy

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

08 november 2024 - 07:47:03
Bissau, Guinea Bissau (PANA) – The International Monetary Fund (IMF) and Guinea Bissau have reached staff-level agreement on economic policies [...] Full text...

thread Economy

Gambia, IMF reach staff-level agreement on second review of ECF arrangement

05 november 2024 - 07:26:28
Banjul, Gambia (PANA) – International Monetary Fund (IMF} staff and the Gambian authorities have reached a staff-level agreement on economic [...] Full text...

thread Economy

IMF Executive Board approves US$248.5 million for Sierra Leone

01 november 2024 - 07:33:51
Washington, DC, US (PANA) - The Executive Board of the International Monetary Fund (IMF) on Thursday concluded the 2024 Article [...] Full text...

thread Economy

IMF staff conclude Article IV discussions with Somalia

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

thread Economy

IMF concludes reviews with Kenya

31 october 2024 - 08:19:16
Washington, DC,US (PANA) - The Executive Board of the International Monetary Fund (IMF) concluded today the seventh and the eighth [...] Full text...

thread Economy

Oversupply could mute effects of wider Middle-East conflict on oil prices

29 october 2024 - 05:30:51
EMBARGOED: NOT FOR PUBLICATION, BROADCAST, OR TRANSMISSION UNTIL TUESDAY, October 29, 2024, AT 11:00 AM UTC.Washington, DC, United States (PANA) [...] Full text...

thread Economy

Togo advances reforms, pursues sound economic policies: IMF

25 october 2024 - 12:30:38
Lomé, Togo (PANA) – An International Monetary Fund (IMF) staff mission has commended Togolese authorities on the sustained progress in [...] Full text...

thread Economy

IMF Managing Director outlines global policy agenda

25 october 2024 - 11:09:16
Washington, DC, United States (PANA) - The global economy is in danger of getting stuck on a low-growth, high-debt path, [...] Full text...

thread Economy

Global financial fragilities mount despite rate cuts and buoyant markets: IMF Blog By Tobias Adrian, Sheheryar Malik, and Jason Wu

23 october 2024 - 10:10:27
Washington, DC, United States (PANA) - When it comes to financial stability, the world is facing a split screen of [...] Full text...

thread Economy

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

23 october 2024 - 08:51:42
Kigali, Rwanda (PANA) – International Monetary Fund (IMF) staff and the Rwandan authorities have reached staff-level agreement on policies needed [...] Full text...

thread Economy

How high economic uncertainty may threaten global financial stability: IMF Blog By Mario Catalán, Andrea Deghi and Mahvash S. Qureshi

20 october 2024 - 14:53:14
Washington, DC, United States (PANA) - Uncertainty is not as easily measured as traditional indicators like growth or inflation, but [...] Full text...

thread Economy

IMF staff urge strong governance, speedy reforms for inclusive growth in Madagascar

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

thread Economy

IMF completes first review of Ethiopia’s ECF arrangement, allows $340.7 million disbursement

19 october 2024 - 08:43:02
Addis Ababa, Ethiopia (PANA) – The International Monetary Fund (IMF) Board on Friday completed the first review under the Extended [...] Full text...

thread Economy

IMF, reach staff level deal on review of ECF and RSF before approval of more financial support

18 october 2024 - 07:53:28
Dar es Salaam, Tanzania (PANA) - Tanzanian authorities and the International Monetary Fund (IMF) have reached staff-level agreement on the [...] Full text...

thread Economy

Zambia’s drought impact stuns IMF staff team

17 october 2024 - 12:08:39
Lusaka, Zambia (PANA) – Drought has caused a greater than anticipated economic impact in Zambia due to the intense electricity [...] Full text...

thread Economy

Staying the course on reforms: Nigeria progresses amidst challenges

17 october 2024 - 10:11:01
Abuja, Nigeria (PANA) - Since May 2023, Nigeria has implemented significant reforms to stabilise its economy, resulting in modest growth, [...] Full text...

thread Economy

Global public debt Is probably worse than it looks: IMF Blog By Era Dabla-Norris, Davide Furceri, Raphael Lam, and Jeta Menkulasi

16 october 2024 - 11:04:22
Washington, DC, United States (PANA) - Global public debt is very high. It is expected to exceed $100 trillion, or [...] Full text...

thread Economy

IMF staff completes 2024 Article IV Consultation Mission to Chad

16 october 2024 - 10:56:27
N’Djamena, Chad (PANA) - Chad’s economic growth, after increasing to 4.9 percent in 2023, is expected to moderate this year, [...] Full text...

thread Economy

Two billion women without access to social protection

15 october 2024 - 16:16:55
New York, US (PANA) - A UN Women report reveals that policies ranging from cash benefits to healthcare and pensions [...] Full text...

thread Gender

Urgent education reform key to unlocking faster, more inclusive growth in Africa: WB report

14 october 2024 - 14:42:34
Washington, DC, United States (PANA) - Despite signs of a fragile economic recovery, Sub-Saharan Africa, remains stuck in “low gear” [...] Full text...

thread Society

When foreign exchange intervention can best help countries navigate shocks: IMF Blog By Suman Basu, Sonali Das, Olamide Harrison, and Erlend Nier

12 october 2024 - 14:23:40
Washington DC, United States (PANA) – With major central banks now cutting policy rates, the global interest rate cycle is [...] Full text...

thread Economy

IMF staff, Gambia review country’s programme under ECF arrangement

12 october 2024 - 12:02:05
Banjul, Gambia (PANA) – The International Monetary Fund (IMF) staff and the Gambian authorities have conducted productive discussions on economic [...] Full text...

thread Economy

Sudan refugee numbers swell as war continues to drive displacement

12 october 2024 - 11:22:22
Juba, South Sudan (PANA) - The number of Sudanese refugees in South Sudan has surpassed half a million, the UN [...] Full text...

thread Society

IMF expects Côte d’Ivoire to boost recovery of regional official reserves

11 october 2024 - 11:38:27
Abidjan, Cote d’Ivoire (PANA) – International Monetary Fund (IMF) staff and the Cote d’Ivoire authorities have reached a staff-level agreement [...] Full text...

thread Economy

Sierra Leone needs fiscal consolidation measures to ensure sustainable economic environment: WB report

11 october 2024 - 06:22:46
Freetown, Sierra Leone (PANA) - Sierra Leone's economy grew by 5.7% in 2023, exceeding expectations, driven by strong performance in [...] Full text...

thread Economy

Equatorial Guinea Economic Update: Designing fiscal instruments for sustainable forestry

08 october 2024 - 10:14:38
Malabo, Equatorial Guinea (PANA) -  The World Bank has issued the 2024 Equatorial Guinea Economic Update which analyses the country’s [...] Full text...

thread Economy

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

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

thread Economy

Expensive farm inputs, insecurity in producing regions, high transport costs impact grain yields in Nigeria

04 october 2024 - 08:26:34
Lagos, Nigeria (PANA) - Imports of wheat, rice, and maize marketing in year 2024/25 are estimated to increase as the [...] Full text...

thread Agriculture

IMF, Seychellois authorities reach Staff-Level Agreement on Third Reviews

01 october 2024 - 14:24:08
Washington, DC, US (PANA) - An International Monetary Fund (IMF) mission, led by Mr. Todd Schneider, conducted discussions with the [...] Full text...

thread Economy

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

01 october 2024 - 07:53:37
Mbabane, Eswatini (PANA) – On the back of a post-pandemic rebound and favourable export prices, real GDP growth in Eswatini [...] Full text...

thread Economy

Djibouti's economy shows strong growth in 2023 despite fiscal challenges

30 september 2024 - 10:19:49
Djibouti, Djibouti (PANA) - Djibouti’s economy achieved an impressive rebound in 2023, outperforming forecasts with GDP growth estimated at 6.7 [...] Full text...

thread Economy

World Economic Forum: Chief economists point to stabilising outlook but warn on debt and political polarisation

25 september 2024 - 12:01:52
Geneva, Switzerland (PANA) - Easing inflation and strong global commerce are fuelling cautious optimism for recovery but elevated debt levels [...] Full text...

thread Economy

Sierra Leone, IMF reach staff-level deal on new ECF arrangement

21 september 2024 - 09:27:33
Freetown, Sierra Leone (PANA) - The International Monetary Fund (IMF) staff and the Sierra Leonean authorities have reached a staff-level [...] Full text...

thread Economy

Rwanda’s economy registers strong growth in early 2024 despite persistent challenges

18 september 2024 - 08:21:54
Kigali,  Rwanda (PANA) - Rwanda's real GDP grew by 9.7% in the first quarter of 2024, exceeding the previous year's [...] Full text...

thread Economy

Hundreds of thousands in need of aid as flooding wipes out homes in Nigeria – WFP

14 september 2024 - 07:16:22
Abuja, Nigeria (PANA) - UN humanitarians are rushing to assist scores of newly displaced people in northeast Nigeria, after torrential [...] Full text...

thread Society

Benin prepares 2025 budget in compliance with WAEMU fiscal norm

12 september 2024 - 12:42:03
Cotonou, Benin (PANA) - Benin’s authorities have started crafting the 2025 budget, targeting compliance with the West African Monetary Union [...] Full text...

thread Economy

IMF underlines wise spending of public revenue in Lesotho

12 september 2024 - 12:01:39
Maseru, Lesotho (PANA) - Lesotho’s GDP growth has improved modestly, picking up to 2.2 percent in the fiscal year ending [...] Full text...

thread Economy

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

11 september 2024 - 10:34:26
Gaborone, Botswana (PANA) – Due to a diamond market contraction,   Botswana’s economic growth is expected to slow to 1 percent [...] Full text...

thread Economy

IMF praises Uganda’s economic recovery efforts with low inflation

10 september 2024 - 08:18:23
Kampala, Uganda (PANA) - Uganda has navigated the post pandemic recovery well due to sound macroeconomic policies and its economic [...] Full text...

thread Economy

Product market reforms, improved business environment essential vital for South Africa’s trade: IMF

05 september 2024 - 12:36:43
Pretoria, South Africa (PANA) - While South Africa needs product-market reforms and improving business environment by removing obstacles to trade, [...] Full text...

thread Economy

Despite declining growth South Africa can repay IMF, Board concludes

05 september 2024 - 11:21:07
Washington, DC, United States (PANA) - The Executive Board of the International Monetary Fund (IMF) concluded the Post Financing Assessment [...] Full text...

thread Economy

Tech progress, automation, AI, cut workers’ share of wealth: ILO

04 september 2024 - 17:13:20
Geneva, Switzerland (PANA) - The global trend for shrinking pay packets in heavily industrialized economies could be driven – at [...] Full text...

thread Economy

IMF approves US$7.3 million disbursement to Guinea Bissau

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

thread Economy

Egypt’s cane sugar production drops

23 august 2024 - 07:14:37
Cairo, Egypt (PANA) - Egypt’s sugar production in marketing year 2024/25 (October to September) is forecast to reach 2.6 million [...] Full text...

thread Agriculture

Congo designs fiscal instruments for sustainable forestry, economic growth

14 august 2024 - 07:42:44
Brazzaville, Congo (PANA) – Republic of Congo’s economy is gradually recovering, with GDP growth estimated at 1.9% in 2023, according [...] Full text...

thread Economy

Bold fiscal reforms can unlock Cameroon’s full potential

06 august 2024 - 16:47:46
Yaoundé, Cameroon (PANA) -   The World Bank on Tuesday launched two flagship economic reports: the 2024 Cameroon Economic Update and [...] Full text...

thread Economy

Nigerian authorities must uphold human rights ahead of planned nationwide protests - Amnesty International

01 august 2024 - 08:39:16
Abuja, Nigera (PANA) - Human rights advocate, Amnesty International, on Thursday asked the Nigerian authorities to ensure that security agencies [...] Full text...

thread Society

IMF Executive Board approves four-year US$3.4 billion Extended Credit Facility arrangement for Ethiopia

30 july 2024 - 11:47:18
Washington, DC, US (PANA) - The Executive Board of the International Monetary Fund (IMF) has approved a four-year arrangement under [...] Full text...

thread Economy

IMF Board allows Egypt to draw US$820 million under Extended Fund Facility

30 july 2024 - 07:46:40
Cairo, Egypt (PANA) - The International Monetary Fund (IMF) on Monday completed the third review of the extended arrangement under [...] Full text...

thread Economy

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

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

thread Economy

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

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

thread Economy

Fight against global hunger set back 15 years, warns UN report

24 july 2024 - 17:58:06
Rome, Italy (PANA) - Progress fighting global hunger has been set back 15 years, leaving around 733 million people going [...] Full text...

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A low-growth world is an unequal, unstable world (By Kristalina Georgieva, IMF Managing Director)

24 july 2024 - 09:20:08
Washington, DC, United States (PANA) - The global economy is stuck in low gear, which could deal a major blow [...] Full text...

thread Economy

UN and partners launch emergency appeal to address severe drought in Malawi

24 july 2024 - 05:46:58
Lilongwe, Malawi (PANA) - UN agencies alongside humanitarian partners in Malawi have launched a Flash Appeal to help millions in [...] Full text...

thread Society

Morocco's economy proves resilient but private sector faces challenges

19 july 2024 - 07:41:58
Rabat, Morocco (PANA) - Despite various obstacles, including a slowdown in the global economy, an inflation shock, and the Al [...] Full text...

thread Economy

Global growth steady amid slowing disinflation and rising policy uncertainty: IMF Blog By Pierre-Olivier Gourinchas

16 july 2024 - 17:45:18
Washington DC, United States (PANA) - Our global growth projections are unchanged at 3.2 per cent this year and slightly [...] Full text...

thread Economy

New report highlights best practices to support African businesses

16 july 2024 - 07:50:01
Accra, Ghana (PANA) - The annual Country Policy and Institutional Assessment (CPIA) for Africa confirms that countries in Sub-Saharan Africa [...] Full text...

thread Economy

Diamond market contraction slows down Botswana’s growth

13 july 2024 - 11:17:19
Gaborone, Botswana (PANA) - Botswana’s economic growth is expected to slow to 1 percent in 2024, primarily because of a [...] Full text...

thread Economy

IMF Executive Board concludes 2024 Article IV consultation with Libya

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

thread Economy

Red Sea shipping crisis elevates trading costs with extra burden on consumers

12 july 2024 - 07:20:25
Dar es Salaam, Tanzania (PANA) - Due to recently increased attacks by Houthi militants, the Red Sea shipping route remains [...] Full text...

thread Economy

IMF completes Gambia’s first review under Extended Credit Facility

10 july 2024 - 07:53:35
Banjul, Gambia (PANA) - Gambia’s economic activity continues to recover robustly and its growth was estimated at 5.3 percent in [...] Full text...

thread Economy

World Bank launches Economic Update on Chad

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

thread Economy

IMF completes fourth review of Mozambique’s ECF, releases US$60.03 million budget support

09 july 2024 - 08:05:07
Washington, DC, United States (PANA) - The Executive Board of the International Monetary Fund (IMF) has announced completion of the [...] Full text...

thread Economy

IMF Executive Board holds Post-Financing Assessment Consultation with Angola

04 july 2024 - 10:10:00
Washington, DC, US (PANA) - The Executive Board of the International Monetary Fund (IMF) has concluded the Post Financing Consultation [...] Full text...

thread Economy

Helping female-led firms in Ethiopia become more resilient in turbulent times: World Bank Blog By Lauren Marino and Sophia Friedson-Ridenour

04 july 2024 - 06:22:17
Hawassa, Ethiopia (PANA) - On a recent Thursday afternoon, Jalene’s small coffee shop and roastery in Hawassa, Ethiopia, was enveloped [...] Full text...

thread Gender

Tanzania mine gears up for first graphite concentrate exports

02 july 2024 - 17:04:48
Lindi, Southern Tanzania (PANA) – Tanzania’s  first-ever shipment of graphite concentrate from the Lindi Jumbo graphite mine, in the southeast [...] Full text...

thread Economy

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

29 june 2024 - 05:32:55
Washington, DC, US (PANA) - The Executive Board of the International Monetary Fund (IMF) on Friday completed the second review [...] Full text...

thread Economy

IMF staff completes 2024 Article IV mission to Zimbabwe

28 june 2024 - 11:03:39
Harare, Zimbabwe (PANA) - Despite headwinds, Zimbabwe’s economy continues showing resilience but growth is expected to decelerate to about 2 [...] Full text...

thread Economy

Uganda should improve public spending on health for a more productive population

27 june 2024 - 13:58:38
Kampala, Uganda (PANA) - Economic activity in Uganda has remained resilient despite multiple successive shocks, with real gross domestic product [...] Full text...

thread Health

IMF completes Zambia’s third review under ECF, approves access to US$569.6 million

27 june 2024 - 07:07:00
Lusaka, Zambia (PANA) - The Executive Board of the International Monetary Fund (IMF) completed on Wednesday the third review of [...] Full text...

thread Economy

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

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

thread Economy

Strong consumption, investment demand among factors boosting Côte d’Ivoire’s outlook

26 june 2024 - 08:40:56
Abidjan, Côte d’Ivoire (PANA) - Côte d’Ivoire’s economy remains resilient against a still difficult global backdrop. Despite lower than expected [...] Full text...

thread Economy

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

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

thread Economy

IMF approves US$337 million from ECF and US$321 million of RSF for Madagascar

22 june 2024 - 12:16:27
Antananarivo, Madagascar (PANA) – The Executive Board of the International Monetary Fund (IMF) on Friday approved a 36-month arrangement under [...] Full text...

thread Economy

IMF traces signs of macroeconomic stabilisation in Comoros

22 june 2024 - 10:20:58
Moroni, Comoros (PANA) - Reforms are beginning to bear fruit in the Comoros, with visible signs of macroeconomic stabilisation. But, according [...] Full text...

thread Economy

Import of alcoholic beverages up in Ghana

21 june 2024 - 12:10:51
Accra, Ghana (PANA) - Alcoholic beverages imported into Ghana increased from $56 million in 2019 to $87 million in 2023.Due [...] Full text...

thread Society

IMF Board approves US$ 149.4 million budget support for Tanzania

21 june 2024 - 10:17:27
Dar es Salaam, Tanzania (PANA) – The International Monetary Fund (IMF) has completed the third review of the Extended Credit [...] Full text...

thread Economy

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

20 june 2024 - 17:41:57
Mogadishu, Somalia (PANA) - Somalia’s economy is expected to grow at 3.1 per cent in 2023 up from 2.4 per [...] Full text...

thread Economy

Senegal’s new authorities committed to growth-friendly fiscal consolidation

20 june 2024 - 11:33:20
Dakar, Senegal (PANA) - An International Monetary Fund (IMF) staff team has welcomed the Senegalese new authorities’ commitment to the [...] Full text...

thread Economy

Getting the global economy out of the slow lane: World Bank Blog By Indermit Gill and M. Ayhan Kose

17 june 2024 - 17:01:14
Washington, DC, USA (PANA) - With global growth stabilizing for the first time in three years, inflation reaching a three-year [...] Full text...

thread Economy

IMF, Mozambique reach Staff-Level Agreement on Fourth Review of ECF

17 june 2024 - 09:09:39
Washington, DC, US (PANA) - An International Monetary Fund (IMF) team and the Mozambican authorities have reached a staff-level agreement [...] Full text...

thread Economy

Burkina Faso’s recovery depends on having security under control: IMF

16 june 2024 - 11:37:40
Ouagadougou, Burkina Faso (PANA) – Burkina Faso’s economic growth is projected at 5.5 percent in 2024 but remains below potential [...] Full text...

thread Economy

Climate change fuels tensions in Nigeria

15 june 2024 - 07:48:16
New York, United States (PANA) -  Despite its huge potential, Nigeria, Africa’s most populous country, continues to grapple with a [...] Full text...

thread Environment

New WB financing for Nigeria’s inclusive growth, revenue diversification

14 june 2024 - 10:22:12
Abuja, Nigeria (PANA) – The World Bank on Thursday approved two operations: $1.5 billion for the Nigeria Reforms for Economic [...] Full text...

thread Economy

Tax reforms can boost revenues for social equity - Senegal Economic Update

13 june 2024 - 07:15:16
Dakar, Senegal (PANA) - Economic growth in Senegal proved resilient in 2023 amid political tensions and persistent, albeit declining, inflation, [...] Full text...

thread Economy

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

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

thread Economy

Global growth stabilizing for first time in three years

11 june 2024 - 14:02:38
Washington, DC, United States (PANA) - The global economy is expected to stabilize for the first time in three years [...] Full text...

thread Economy

IMF urges South Sudan to uphold prudent macroeconomic policies

11 june 2024 - 11:55:15
Juba, South Sudan (PANA) – The International Monetary Fund (IMF) is urging the authorities of South Sudan to return to [...] Full text...

thread Economy

Togo keeps its economic performance robust through growth-friendly fiscal consolidation: IMF

11 june 2024 - 10:15:27
Lomé, Togo (PANA) – Togo’s economic growth reached an estimated 5.6 percent in 2023, and inflation has fallen to 2.6 [...] Full text...

thread Economy

Cape Verde must invest in blue economy for growth, sustainability

10 june 2024 - 12:20:53
Praia, Cape Verde (PANA) Cape Verde has shown resilience in the post- COVID-19 pandemic recovery, but the crisis highlighted vulnerabilities [...] Full text...

thread Economy

IMF, Egypt reach staff level deal on third review of EFF arrangement

07 june 2024 - 11:10:31
Cairo, Egypt (PANA) - While geopolitical tensions and their impact on Egypt remain challenging, the country’s authorities have stayed the [...] Full text...

thread Economy

São Tomé and Príncipe faces serious economic challenges: IMF

07 june 2024 - 07:20:04
São Tomé, São Tomé and Príncipe (PANA) - Accelerating reforms of the energy sector is urgently needed to alleviate pressures [...] Full text...

thread Economy

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

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

thread Economy

Mauritania’s economy set to attain 4.3 percent growth in 2024

05 june 2024 - 10:32:26
Nouakchott, Mauritania (PANA) – Mauritania’s economic growth in 2024 is expected to improve, while inflation has slowed down significantly. However, the [...] Full text...

thread Economy

Kenya’s economy exhibited robust growth in 2023 despite persistent challenges

05 june 2024 - 07:41:58
Nairobi, Kenya (PANA) - Kenya’s real GDP growth accelerated to 5.6% in 2023, surpassing the previous year’s growth of 4.9%. However, [...] Full text...

thread Economy

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

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

thread Economy

Seychelles withstands climate shocks, continued volatility in external environment

04 june 2024 - 10:40:06
Victoria, Seychelles (PANA) - The Seychelles economy has continued to demonstrate resilience, despite continued volatility in the external environment and [...] Full text...

thread Economy

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

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

thread Economy

IMF welcomes Gabon’s rebound in economic growth

29 may 2024 - 14:10:19
Libreville, Gabon (PANA) - The Executive Board of the International Monetary Fund (IMF) has welcomed Gabon’s rebound in growth and [...] Full text...

thread Economy

Gambia’s economy shows resilience amid global challenges - World Bank

24 may 2024 - 16:18:21
Banjul, Gambia (PANA) - The Gambia's economy has shown a remarkable resilience in the face of heightened global and regional [...] Full text...

thread Economy

Algeria: Investing in data key for diversified growth

22 may 2024 - 19:44:54
Algiers, Algeria (PANA) - Algeria’s economic growth remained dynamic in 2023, with GDP recording a 4.1 per cent increase, driven [...] Full text...

thread Economy

AfDB’s Chief highlights Africa as world’s best investment destination

21 may 2024 - 09:08:12
Riyadh, Saudi Arabia ( PANA) - Africa’s human, land, mineral resource and cross-border trade endowments combine to make it the [...] Full text...

thread Economy

Tourism is back to pre-pandemic levels, but challenges remain: WEF report

21 may 2024 - 09:02:36
New York, USA (PANA) - International tourist arrivals and the travel and tourism sector’s contribution to global GDP are expected [...] Full text...

thread Economy