IMF reaches staff-level agreement with Guinea-Bissau on the Ninth Review of Extended Credit Facility Arrangement

07 october 2025 - 14:04:13
Washington, DC, US (PANA) - The International Monetary Fund (IMF) and Guinea-Bissau have reached a staff-level agreement on economic policies [...] Full text...

thread Economy

IMF concludes 2025 Article IV consultation with Zimbabwe

03 october 2025 - 07:35:11
Harare, Zimbabwe (PANA) – After a sharp slowdown in 2024, Zimbabwe is experiencing a degree of macroeconomic stability due to [...] Full text...

thread Economy

IMF Board concludes 2025 Article IV consultation with Liberia

02 october 2025 - 08:14:38
Monrovia, Liberia (PANA) - Following a strong post-pandemic recovery, Liberia’s economic activity moderated somewhat in 2024, according to the International [...] Full text...

thread Economy

IMF reaches staff level deal with Côte d’Ivoire on EFF/ECF arrangements

01 october 2025 - 10:01:56
Abidjan, Côte d’Ivoire (PANA) - Ivorian authorities and staff of the International Monetary Fund (IMF) have reached a staff-level agreement [...] Full text...

thread Economy

IMF begins 5th review of Ghana's Extended Credit facility programme

29 september 2025 - 11:04:51
Accra, Ghana (PANA) - The International Monetary Fund (IMF) on Monday began its fifth review of Ghana’s performance under the [...] Full text...

thread Economy

Maximizing national wealth for sustainable prosperity in the Central African Republic

26 september 2025 - 09:57:37
Bangui, Central African Republic - After two years of weak growth, the Central African Republic (CAR) is experiencing a moderate recovery, [...] Full text...

thread Economy

US companies urged to open offices in Libya

13 september 2025 - 12:16:04
Tripoli, Libya (PANA) - Libya and the US have held discussions focusing on encouraging American companies operating in the North [...] Full text...

thread Politics

Technology is reshaping capital flows and currency dominance; data integrity is essential for financial stability (IMF Blog by Hélène Rey, a professor at the London Business School)

11 september 2025 - 11:45:33
Washington, DC, USA (PANA - Technology is reshaping capital flows and currency dominance; data integrity is essential for financial stability.Technology [...] Full text...

thread Economy

Tax revenues are catalyst for more inclusive growth in Côte d'Ivoire – WB

11 september 2025 - 09:02:12
Abidjan, Côte d'Ivoire (PANA) - Côte d'Ivoire's economic growth is solid and remarkably resilient in the face of global shocks, [...] Full text...

thread Economy

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

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

thread Economy

Three years ago, Finance & Development devoted a full issue to anticipating “The Money Revolution,” driven by innovations in finance, such as crypto assets. That revolution, writes F&D editor-in-chief Gita Bhatt, is now unfolding

08 september 2025 - 10:48:33
Washington, DC, United States (PANA) - The September issue of F&D looks at the new frontiers of finance, where technology, [...] Full text...

thread Economy

How stablecoins and other financial innovations may reshape the global economy (By Gitab Bhatt of IMF)

05 september 2025 - 13:30:33
Washington, DC, USA (PANA) - Three years ago, Finance & Development devoted a full issue to anticipating “The Money Revolution,” [...] Full text...

thread Economy

Technology, payments, and the rise of stablecoins (By Gita Bhatt  F&D Editor-in-Chief)

04 september 2025 - 10:08:28
Washington, DC, United States (PANA) - Technology, data, and changing societal values are reshaping how people and institutions move money [...] Full text...

thread Economy

Unleashing private sector investment, creating better jobs for Togo’s inclusive and sustainable growth

02 september 2025 - 08:08:24
Lomé, Togo (PANA) - Togo has maintained robust and stable growth over the past decade but is now facing new [...] Full text...

thread Economy

IMF spots rising foreign investor interest in range of sectors in Mozambique

30 august 2025 - 10:51:29
Maputo, Mozambique (PANA) - Mozambique’s economic activity is gradually recovering after a sharp slowdown between October 2024 and March 2025. [...] Full text...

thread Economy

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

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

thread Economy

African health ministers endorse framework to accelerate progress on oral health

26 august 2025 - 06:40:44
Lusaka, Zambia (PANA) - African ministers of health gathering for the World Health Organisation (WHO) Regional Committee for Africa on [...] Full text...

thread Health

African health ministers endorse framework to accelerate progress on oral health

26 august 2025 - 06:26:05
Lusaka, Zambia (PANA) - African ministers of health gathering for the World Health Organisation (WHO) Regional Committee for Africa on [...] Full text...

thread Health

Minister dissolves South African Tourism board

21 august 2025 - 07:46:58
Cape Town, South Africa (PANA) – Tourism Minister Patricia De Lille has dissolved the South African Tourism (SAT) board, with [...] Full text...

thread Economy

The Debate over Falling Fertility: IMF Finance & Development (By David E. Bloom, Professor of Economics and Demography at Harvard University’s T.H. Chan School of Public Health)

06 august 2025 - 12:21:08
Washington DC, USA (PANA) - A decline in global population later this century may threaten human progress, or it may [...] Full text...

thread Society

IMF Executive Board concludes 2025 Article IV Consultation with Mali

01 august 2025 - 11:27:12
Washington, DC, USA (PANA) - The Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with [...] Full text...

thread Economy

New Standards for Economic Data Aim to Sharpen View of Global Economy (IMF Blog by Vladimir Klyuev, James Tebrake)

01 august 2025 - 08:38:55
Washington, DC, United States (PANA) - The updated System of National Accounts better captures digitalisation, intangible assets, and global production—helping [...] Full text...

thread Economy

UN chief appoints experts to help countries create tax policies that advance sustainable development

31 july 2025 - 05:25:34
New York, US (PANA) - UN Secretary-General Antonio Guterres has appointed 25 experts to a UN committee to help countries [...] Full text...

thread Economy

US' plan to destroy US$9.7 million of contraceptives is unconscionable, says medical charity

30 july 2025 - 06:40:00
Washington, DC, US (PANA) - The United States government’s plan to destroy US$9.7 million worth of contraceptives is a callous [...] Full text...

thread Health

Reassessing tax incentives can assist growth, equity in DR Congo

30 july 2025 - 06:28:47
Kinshasa, DRC (PANA) - Rationalising tax incentives in Democratic Republic of Congo (DRC) could improve effectiveness of tax policies, and [...] Full text...

thread Economy

IMF Executive Board concludes 2025 Article IV consultation and Fifth Review Under ECF with Zambia

27 july 2025 - 06:08:33
Washington, DC, US (PANA) - The Executive Board of the International Monetary Fund (IMF) has completed the Article IV Consultation [...] Full text...

thread Economy

IMF approves new 48-month ECF arrangement for Chad

26 july 2025 - 12:21:28
Ndjamena, Chad (PANA) - The Executive Board of the International Monetary Fund (IMF) has approved a 48-month arrangement under the [...] Full text...

thread Economy

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

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

thread Economy

Salvaging SDGs still possible, but countries must act now: Guterres

21 july 2025 - 18:41:59
New York, US (PANA) - Citing new global agreements on pandemic preparedness, ocean protection and development financing, UN Secretary‑General António [...] Full text...

thread Society

IMF First Deputy Managing Director Gita Gopinath’s statement at the conclusion of the Third Meeting of the G20 Finance Ministers and Central Bank Governors

19 july 2025 - 06:37:40
KwaZulu-Natal, South Africa (PANA) - International Monetary Fund First Deputy Managing Director Gita Gopinath delivered the following remarks at the [...] Full text...

thread Economy

African economies plagued by deepening economic uncertainty, warns ECA

18 july 2025 - 12:21:51
Addis Ababa, Ethiopia (PANA) - Rising debt, geopolitical instability and declining aid flows are intensifying external pressure on African economies, [...] Full text...

thread Economy

EC adopts new rules simplifying tax collection for imports

18 july 2025 - 10:40:45
Brussels, Belgium (PANA) - The European Council on Friday formally adopted new value added tax (VAT) rules for distance sales [...] Full text...

thread Economy

Benin can mobilize more domestic resources to drive inclusive growth and equity

17 july 2025 - 19:14:33
Cotonou, Benin (PANA) - More inclusive growth path, taxation and spending adaptedz to vulnerable populations could further accelerate efforts to [...] Full text...

thread Economy

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

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

thread Economy

IMF Executive Board concludes reviews with Cabo Verde

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

thread Economy

IMF concludes third review of Somalia’s Extended Credit Facility

10 july 2025 - 09:52:18
Mogadishu, Somalia (PANA) - The International Monetary Fund (IMF) Executive Board has completed the third review under the Extended Credit [...] Full text...

thread Economy

How to Stabilise Africa's Debt (IMF Blog By Athene Laws, Thibault Lemaire, and Nikola Spatafora, economists in IMF’s African Department)

09 july 2025 - 11:59:18
Washington, DC, United States (PANA) - Successful debt stabilisation requires measures to strengthen public finances and institutions, alongside pro-growth structural reforms [...] Full text...

thread Economy

Death toll in Kenya demonstrations rises to 31

09 july 2025 - 11:56:31
Nairobi, Kenya (PANA) - The death toll in Monday's anti-government demonstrations in Kenya has risen to 31, according to the [...] Full text...

thread Society

UN rights office urges restraint in Kenya as fresh protests turn deadly

08 july 2025 - 20:55:21
Nairobi, Kenya (PANA) - The UN human rights office, OHCHR, has expressed deep concern over the killing of at least [...] Full text...

thread Society

Deputy UN Secretary-General Amina Mohammed visits Gambia

08 july 2025 - 11:18:16
Banjul, Gambia (PANA) - The Deputy Secretary General of the United Nations, Amina J. Mohammed, on Monday met President Adama [...] Full text...

thread Politics

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

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

thread Economy

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

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

thread Economy

IMF Executive Board completes first review under ECF arrangement for DRC

06 july 2025 - 07:08:35
Washington, DC, US (PANA) - The Executive Board of the International Monetary Fund (IMF) has completed the first review under [...] Full text...

thread Economy

IMF Executive Board completes first review under ECF arrangement for DRC

06 july 2025 - 05:25:00
Washington, DC, US (PANA) - The Executive Board of the International Monetary Fund (IMF) has completed the first review under [...] Full text...

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IMF Executive Board completes reviews of three arrangements for Mauritania

05 july 2025 - 14:55:19
Washington, DC, US (PANA) - The IMF Executive Board has completed the Fourth Reviews under the 42‑month blended Extended Credit [...] Full text...

thread Economy

With sustainable development under threat, Sevilla summit rekindles hope and unity

04 july 2025 - 09:33:18
Sevilla, Spain (PANA) - The landmark Financing for Development conference in Sevilla, Spain, has concluded with a renewed sense of [...] Full text...

thread Economy

The Sevilla Commitment: A vital step to rebuild trust in global cooperation

03 july 2025 - 14:21:27
Sevilla, Spain (PANA) - Civil society organisations have welcomed the consensus reached at the landmark Sustainable development conference concluding this [...] Full text...

thread Economy

Drowning in debt: New forum in Sevilla offers borrowers chance to rebalance the books

02 july 2025 - 18:34:16
Sevilla, Spain (PANA) - A new mechanism offering debt-distressed countries a way to coordinate action and amplify their voice in [...] Full text...

thread Economy

Kenya’s economy slows down on weak industrial activity, climate shocks: AfDB

02 july 2025 - 12:40:31
Nairobi, Kenya (PANA) – The Kenyan economy grew by 4.6% in 2024, a slowdown from 5.6% in 2023, due to [...] Full text...

thread Economy

Seychelles' path to macroeconomic stability and resilience - IMF Country Focus

02 july 2025 - 07:19:53
Victoria, Seychelles (PANA) - The IMF Executive Board recently completed the fourth review of Seychelles’ economic performance under the Extended [...] Full text...

thread Economy

Spain and Brazil push global action to tax the super-rich and curb inequality

01 july 2025 - 19:07:16
Geneva -Switzerland (PANA) - Spain and Brazil have launched a joint initiative to promote a higher tax take from the [...] Full text...

thread Economy

IMF completes second review of Togo’s ECF arrangement

01 july 2025 - 12:44:12
Lomé, Togo (PANA) – The Executive Board of the International Monetary Fund (IMF) has completed the second review of the [...] Full text...

thread Economy

IMF mission completes Article IV consultation with Algeria

01 july 2025 - 12:19:31
Algiers, Algeria (PANA) - Strengthened policy frameworks, along with reforms to enhance fiscal resilience, diversify the economy, and promote private [...] Full text...

thread Economy

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

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

thread Economy

Guinea must ensure its benefits of growth are widely shared: WB report

01 july 2025 - 10:52:46
Conakry, Guinea (PANA) - Guinea’s economic growth accelerates, but reforms to make growth more inclusive and enhance domestic resource mobilization [...] Full text...

thread Economy

Leveraging Zambia’s energy transition minerals: Roadmap for economic transformation

01 july 2025 - 10:48:34
Lusaka, Zambia (PANA) - Zambia's economy grew by 4% in 2024, displaying resilience despite experiencing a historic drought and frequent [...] Full text...

thread Economy

Climate change requires ending fossil fuel dependency, warns UN expert

01 july 2025 - 07:23:19
Geneva, Switzerland (PANA) - States must urgently phase out fossil fuels, in accordance with their international human rights obligations, a [...] Full text...

thread Environment

Kenya Airways secures three-year grace period on US$200 million state bailout repayment

30 june 2025 - 13:31:10
Nairobi, Kenya (PANA) – The Kenyan government has granted its national carrier, the Kenya Airways, known by its code KQ, [...] Full text...

thread Economy

It’s time to finance our future and ‘change course’, Guterres tells world leaders in Sevilla

30 june 2025 - 13:10:24
Sevilla, Spain (PANA) - “We’re here in Sevilla to change course,” the UN chief told world leaders on Monday, calling [...] Full text...

thread Economy

Seville: a future agreement on development financing, without the United States

29 june 2025 - 07:21:41
Seville, Spain (PANA) -  Despite the US withdrawal, UN member states reached an agreement on Tuesday, 25 June, on the [...] Full text...

thread Economy

Europe’s elusive savings and investment union: IMF Finance & Development article By Ravi Balakrishnan. Chief European economist at JP Morgan, Mahmood Pradhan, Head of global macroeconomics at the Amundi Investment Institute.

28 june 2025 - 14:28:08
Brussels, Belgium (PANA) - An integrated capital market must be accompanied by regulatory reforms to attract substantial investment.Europe has ample [...] Full text...

thread Economy

UN calls for restraint after deadly Kenya protests

27 june 2025 - 05:29:49
Nairobi, Kenya (PANA) - The UN is calling for restraint after deadly protests in Kenya on Wednesday in which between [...] Full text...

thread Society

IMF concludes 2025 Article IV Consultation with Libya

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

thread Economy

How the IMF finances itself and why it matters for the global economy: IMF Blog By Julie Kozack, Bernard Lauwers

26 june 2025 - 12:00:55
Washington, DC, United States (PANA) - The IMF may be best known for lending to crisis-hit countries. But what about [...] Full text...

thread Economy

Kenya's Gen Z protests returns a year later, more defiant, 8 killed

25 june 2025 - 18:55:41
Nairobi, Kenya (PANA) - Eight people were shot dead across Kenya, two of them in Nairobi and over 400 others [...] Full text...

thread Politics

IMF Board completes 4th review of Comoros ECF arrangement

25 june 2025 - 11:59:05
Washington, DC, USA (PANA) - The Executive Board of the International Monetary Fund (IMF) has completed the fourth review under [...] Full text...

thread Economy

South Sudan, IMF agree Fund-monitored programme to lay foundation for economic stability

21 june 2025 - 08:05:40
Juba, South Sudan (PANA) - Staff of the International Monetary Fund (IMF) IMF and the South Sudanese authorities have reached [...] Full text...

thread Economy

Ethiopia gets EU assistance to bolster trade with African partners

20 june 2025 - 11:38:26
Addis Ababa, Ethiopia (PANA) - The European Union has committed Euros 6 million over a four year period to assist [...] Full text...

thread Economy

IMF concludes 2025 Article IV Consultation with Mauritius

19 june 2025 - 10:21:43
Washington, DC, USA (PANA) - The Mauritian economy continues to exhibit resilience with growth at 4.7 percent in 2024 and [...] Full text...

thread Economy

Ahead of UN summit, countries finalise landmark ‘Compromiso de Sevilla’

19 june 2025 - 05:37:44
New York, US (PANA) - UN Member States have reached agreement on the outcome document for the Fourth International Conference [...] Full text...

thread Economy

IMF staff concludes visit to Liberia

18 june 2025 - 09:23:51
Monrovia, Liberia (PANA) - An International Monetary Fund (IMF) staff team, led by Mr. Daehaeng Kim, Mission Chief for Liberia, [...] Full text...

thread Economy

IMF Executive Board concludes 2025 Article IV Consultation with Namibia

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

thread Economy

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

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

thread Economy

Despite challenges Mali’s economy shows resilience - IMF

14 june 2025 - 08:33:47
Bamako, Mali (PANA) - Mali’s economy has shown some resilience despite significant headwinds. Economic growth is estimated at 4.7 per [...] Full text...

thread Economy

Niger's economy rebounds in 2024 thanks to large-scale oil exports, good agricultural season

13 june 2025 - 09:38:26
Niamey, Niger (PANA) - Niger’s economy recorded robust growth in 2024, driven by large-scale oil exports. However, short-term sources of [...] Full text...

thread Economy

Most of the developing world is turning into a development-free zone: World Bank Blog By Indermit Gill, Chief Economist of the World Bank Group and Senior Vice President for Development Economics and M. Ayhan Kose, Deputy Chief Economist of the World Bank Group and Director of the Prospects Group, Development Economics

11 june 2025 - 07:45:28
Washington, DC, USA (PANA) - Only six months ago, a “soft landing” appeared to be in sight: the global economy [...] Full text...

thread Economy

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

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

thread Economy

AIDS still killing one person every minute as funding cuts stall progress

06 june 2025 - 07:05:52
New York, US (PANA) - AIDS-related deaths have dropped to their lowest level since 2004, but progress remains precarious, with [...] Full text...

thread Health

Serious food insecurity lurks over Malawi’s population

05 june 2025 - 09:20:25
Lilongwe, Malawi (PANA) – Over 20 percent of Malawi’s 25 million population faces high levels of food insecurity, up five [...] Full text...

thread Society

World Bank economic update examines fiscal challenges in Guinea-Bissau

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

thread Economy

Debt is higher and rising faster in 80 percent of global economy: IMF Blog By Era Dabla-Norris, Davide Furceri

30 may 2025 - 08:10:02
Washington, DC, United States (PANA) -  Fiscal Policy under mounting uncertainty means government budgets need resilience—particularly in countries whose economic [...] Full text...

thread Economy

Looking ahead: A perspective on the national electricity utility of Liberia: World Bank Blog By Omar V. Al Sherif, Energy Specialist

27 may 2025 - 12:18:48
Monrovia, Liberia (PANA) -  Access to affordable, reliable and sustainable electricity is vital for driving growth in Liberia’s key sectors—agriculture, [...] Full text...

thread Economy

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

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

thread Economy

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

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

thread Economy

EU Council calls for reform of the international financial architecture for development

26 may 2025 - 15:36:08
Brussels, Belgium (PANA) - The Council of the European Union has approved conclusions ahead of the 4th International Conference on [...] Full text...

thread Economy

Structural vulnerabilities weaken economic growth of Comoros - IMF

23 may 2025 - 11:50:47
Moroni, Comoros (PANA) - Comorian authorities and the International Monetary Fund (IMF) staff have reached a staff-level agreement on economic [...] Full text...

thread Economy

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

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

thread Economy

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

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

thread Economy

Zambia’s economic recovery gaining pace: IMF

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

thread Economy

IMF 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

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

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

thread Economy

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

IMF, Mauritania reach staff-level deal on ECF, EFF, RSF supported programmes

10 may 2025 - 10:23:55
Washington, DC, United States (PANA) - An International Monetary Fund (IMF) team, led by Felix Fischer, visited Nouakchott and Nouadhibou [...] Full text...

thread Economy

UN warns copper shortage risks slowing global energy and technology shift

10 may 2025 - 08:05:58
Geneva, Switzerland (PANA) - A looming global copper shortage could stall the world’s transition to clean energy and digital technologies [...] Full text...

thread Economy

UN warns copper shortage risks slowing global energy and technology shift

10 may 2025 - 07:59:56
Geneva, Switzerland (PANA) - A looming global copper shortage could stall the world’s transition to clean energy and digital technologies [...] Full text...

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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

South African Finance Minister cancels VAT rate increase

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

thread Economy

Rising global debt requires countries to put their fiscal house in order: IMF Blog By Era Dabla-Norris, Vitor Gaspar, Marcos Poplawski-Ribeiro

24 april 2025 - 07:36:33
Washington, DC, USA (PANA) - Major policy shifts underway have heightened global uncertainty. The series of recent tariff announcements by [...] Full text...

thread Economy

Economic growth speeding up in Africa, but uncertainty clouds outlook

24 april 2025 - 07:05:03
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 Executive Board approves disbursement of US $129 million under Rapid Credit Facility for Mali

17 april 2025 - 10:34:16
Washington, DC, US (PANA) - The Executive Board of the International Monetary Fund (IMF) on Wednesday approved a disbursement of [...] Full text...

thread Economy

IMF, Libya complete Article IV Mission

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

thread Economy

IMF, 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

Reciprocal tariffs should exclude vulnerable developing countries – UN trade body

14 april 2025 - 17:12:38
Geneva, Switzerland (PANA) - Already grappling with low growth and mounting uncertainty, vulnerable and small economies, whose activities have a [...] 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

Four strategic priorities to mobilize the resources needed to achieve 2030 and 2063 Agenda

09 april 2025 - 19:06:58
Cotonou, Benin (PANA) - The Executive Secretary of the Economic Commission for Africa (ECA), Claver Gatété, Wednesday called on Africa [...] Full text...

thread Society

Nobody wins trade wars, Guterres warns

09 april 2025 - 07:23:01
New York, US (PANA) - The UN Secretary-General on Tuesday warned that when it comes to trade wars, “nobody wins” [...] 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

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

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

thread Agriculture

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

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

Claver Gatete of the ECA calls for national resources to be mobilised for the industrialisation of Africa

17 march 2025 - 16:41:22
Cotonou, Benin (PANA) - The Executive Secretary of the Economic Commission for Africa (ECA), Mr. Gatete Claver, has called for [...] Full text...

thread Economy

WBG supports Cameroon’s economic resilience, domestic revenue mobilisation, and transparency of public finances

17 march 2025 - 13:06:54
Washington, DC, United States (PANA) - The World Bank Group has announced approval of two operations for Cameroon for a [...] Full text...

thread Economy

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

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

thread Society

IMF Board completes review of Cong’s ECF arrangement

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

thread Economy

Libyan youth call for political stability, accountability, economic reforms

12 march 2025 - 10:47:56
Tripoli, Libya (PANA) - A number of Libyan youth have discussed challenges facing the country's economy with experts of the [...] Full text...

thread Economy

Countries spend more money paying off debt than fighting climate change

12 march 2025 - 07:50:11
Geneva, Switzerland (PANA) - Some developing countries are spending more money on repaying their external debt than on combating climate [...] Full text...

thread Environment

Democratising innovation can harness untapped talent and spur economic growth: IMF Blog By Xavier Jaravel, Professor of Economics at the London School of Economics

05 march 2025 - 13:01:25
Washington, DC, USA (PANA) - Notwithstanding Plato’s 2,400-year-oldproverb, necessity alone is not the mother of invention. It also requires opportunity. An [...] Full text...

thread Economy

Economic diversification is crucial for unlocking new sources of growth in Equatorial Guinea, says new report

05 march 2025 - 07:22:26
Malabo, Equatorial Guinea (PANA) -  Economic diversification away from oil, investing in its people and strengthening institutions are crucial for [...] Full text...

thread Economy

What is business ready and what does it mean for Botswana? World Bank Blog By Michael Ehst, Smita Kuriakose and Liang Wang

28 february 2025 - 07:57:11
Gaborone, Botswana (PANA) - In his maiden budget speech, Botswana’s Vice President and Minister of Finance, Ndaba Nkosinathi Gaolathe, mentioned [...] Full text...

thread Economy

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

How AI can help both tax collectors and taxpayers: IMF Blog By Thomas Cantens and Herve Tourpe

26 february 2025 - 09:03:53
Washington, DC, United States (PANA) - New technologies have the potential to improve the relationship between governments and citizens. Tax [...] Full text...

thread Sciences

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

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

thread Economy

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

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

thread Economy

Burkina Faso expects 6% economic growth in 2025

18 february 2025 - 11:13:39
Ouagadougou, Burkina Faso (PANA) - Burkina Faso's economic activity will remain dynamic, with growth projected at 6.0 per cent in [...] Full text...

thread Economy

Scaling up or losing steam? Parliamentarians debate the future of the SDGs

14 february 2025 - 05:19:18
New York, US (PANA) - As the clock ticks toward 2030, parliamentarians gathered at UN Headquarters in New York on [...] Full text...

thread Politics

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

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

thread Economy

Africa has potential to become major driver of global trade, says UN

11 february 2025 - 07:07:29
Geneva, Switzerland (PANA) - Africa can turn its economic vulnerabilities into opportunities through trade, investment and regional integration, say the [...] 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

Cameroon at a crossroads: Urgent call for fiscal transformation: World Bank Blog By Amina Coulibaly, Francis Ngomba Bodi and Mouhamadou Moustapha Lo

06 february 2025 - 07:28:10
Yaoundé, Cameroon (PANA) - Despite its natural resources and dynamic people, Cameroon’s economic progress has stalled, leaving income per capita [...] Full text...

thread Economy

Benin: An African pioneer – IMF Country Focus

04 february 2025 - 07:29:07
Porto-Novo, Benin (PANA) - Benin faced a number of negative spillovers in 2022: a deteriorating regional security situation at its [...] 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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IMF Executive Board completes sixth review under ECF for Niger

23 january 2025 - 06:51:10
Washington, DC, US (PANA) - The Executive Board of the International Monetary Fund (IMF) has concluded the 2024 Article IV [...] Full text...

thread Economy

IMF staff concludes visit to Central African Republic

21 january 2025 - 05:59:19
Washington, DC, US (PANA) - An International Monetary Fund (IMF) team, led by Mr. Albert Touna Mama, visited Bangui from [...] 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

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

New era of crisis for children, as global conflicts intensify and inequality worsens

13 january 2025 - 06:28:38
New York, US (PANA) - The world is entering a new era of crisis for children. Climate change, inequality and [...] Full text...

thread Society

Namibia: New WBG strategy to boost job creation, access to quality services

09 january 2025 - 09:55:29
Windhoek, Namibia (PANA) – The World Bank's Board of Executive Directors discussed a new Country Partnership Framework (CPF) for Namibia, [...] Full text...

thread Society

Mahama begins second term with assurance of a better future

07 january 2025 - 13:46:49
Accra, Ghana (PANA) - President John Dramani Mahama on Tuesday began his second term with an address calling on his [...] Full text...

thread Politics

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 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

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

Despite big hurdles, long journey to electric mobility begins across Africa

14 december 2024 - 12:42:24
Johannesburg, South Africa (PANA) - Switching to electric mobility is a no-brainer: tailpipe emissions cause poor health or even death [...] 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

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

African air passenger demand increases 10.4%

05 december 2024 - 14:38:40
Nairobi, Kenya (PANA) - African airlines saw a 10.4% year-on-year increase in demand, according to the International Air Transport Association (IATA) [...] Full text...

thread Economy

Kenya's human rights status downgraded to 'repressed'

04 december 2024 - 11:09:57
Nairobi, Kenya (PANA) - The civil rights coalition, CIVICUS, announced in a report on Wednesday the downgrade of Kenya's civic [...] Full text...

thread Society

Global financial reform addresses challenges facing developing nations: UN deputy chief

04 december 2024 - 05:12:48
 New York, US (PANA) - Decisive action is needed to address the financial challenges facing developing nations, UN Deputy Secretary-General [...] 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

Debt burden stifles development spending in Africa's poorer countries

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

thread Economy

Ahead of G20 Summit in Brazil, UN chief urges bloc to take the lead on peace, climate and other challenges

18 november 2024 - 05:33:12
Rio de Janeiro, Brazil (PANA) - The G20 group of developed economies must be at the forefront of global efforts to [...] Full text...

thread Politics

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

IMF concludes review of Morocco’s RSF arrangement, allows disbursement of US$415 million

13 november 2024 - 07:54:46
Washington, DC, United States (PANA) - The Executive Board of the International Monetary Fund (IMF) has completed the second review [...] Full text...

thread Economy

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

How property taxes can help low-income countries to develop: IMF Blog By Martin Grote, Mario Mansour, and Jean-François Wen

12 november 2024 - 08:15:09
Lagos, Nigeria (PANA) - The world’s governments must raise an additional $3 trillion to achieve sustainable and inclusive economic growth [...] Full text...

thread Society

Uncovering trade data gaps: Lessons from Madagascar and France: World Bank Blog By Siddhesh Kaushik and Sonja Mitikj

11 november 2024 - 07:21:13
Antananarivo, Madagascar (PANA) - Bilateral reporting asymmetries in international trade data have long influenced critical statistical measures, such as trade [...] Full text...

thread Economy

Sudan rejects US envoy's accusations on relief delivery

08 november 2024 - 10:06:22
Port Sudan, Sudan (PANA) - Sudan has rejected accusations of the US Envoy to Sudan, Tom Perriello, that the authorities [...] Full text...

thread Society

Climate action essential to Senegal’s upper-middle-income country aspiration, says new report

06 november 2024 - 09:07:30
Dakar. Senegal (PANA) - A new World Bank Group report highlights the significant economic and social benefits of climate action [...] 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

Eliminating the productivity drag: IMF F&D article By Nan Li and Diaa Noureldin

30 october 2024 - 10:50:02
Washington, DC, United States (PANA) - The global economy has been struggling to regain its footing since the 2008–09 global [...] 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, 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

IMF team assesses Senegal’s finance inspectorate reports

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

thread Economy

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

Ending poverty for half the world could take more than a century: WB Report

15 october 2024 - 13:06:58
EMBARGOED: NOT FOR PUBLICATION, BROADCAST, OR TRANSMISSION UNTIL TUESDAY, OCT. 15, 2024 AT 9:30 AM EDT WHICH IS 1:30 PM [...] Full text...

thread Society

South Africa moves to accommodate foreign workers

14 october 2024 - 10:50:15
Cape Town, South Africa (PANA) – The South African Minister of Home Affairs, Dr Leon Schreiber, has gazetted reforms to [...] Full text...

thread Economy

Poorest economies face toughest conditions in two decades

14 october 2024 - 07:49:01
Washington, DC, United States (PANA) - The world’s 26 poorest economies—home to about 40 percent of all people who live [...] 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, 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

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

IMF approves 40-month US$210 million ECF for Liberia

26 september 2024 - 10:06:01
Monrovia, Liberia (PANA) - The Board of the International Monetary Fund (IMF) has approved US$210 million as an Extended Credit [...] Full text...

thread Economy

Guterres urges world leaders to 'stay committed' to UN development goals

25 september 2024 - 05:53:12
New York, US (PANA) - UN Secretary-General António Guterres called on Tuesday for finance, climate action and peace to achieve [...] Full text...

thread Politics

World Bank report emphasises urgent need for Zambia to boost revenue mobilisation

24 september 2024 - 07:55:34
Lusaka, Zambia (PANA) - A new Public Finance Review (PFR) report has stressed the urgent need for Zambia to boost [...] Full text...

thread Economy

UNAIDS: Rising debt in sub-Saharan Africa costing lives

20 september 2024 - 06:05:03
New York, US (PANA) - A report by UNAIDS has detailed how debt crisis is jeopardising progress aimed at ending [...] Full text...

thread Health

Political parties of all stripes are pushing for higher government spending: IMF Blog By Era Dabla-Norris, Enrico Di Gregorio, and Yongquan Cao

17 september 2024 - 10:49:24
Washington, DC, United States (PANA) - Conservative politics has traditionally been defined by its emphasis on fiscal prudence and the [...] Full text...

thread Politics

Lufthansa launches new flight to South Africa

16 september 2024 - 11:08:31
Cape Town, South Africa (PANA) –  Lufthansa has launched flights between Johannesburg and Munich after a 19-year hiatus.Lufthansa’s CEO, Jens Ritter, [...] Full text...

thread Economy

Trade balances in China and the US are largely driven by domestic macro forces: IMF Blog By Pierre-Olivier Gourinchas, Ceyla Pazarbasioglu, Krishna Srinivasan, and Rodrigo Valdés

13 september 2024 - 12:55:31
Washington, DC, United States - China’s widening trade surplus and the growing US trade deficit since the pandemic have renewed [...] Full text...

thread Economy

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

How to Awaken Europe's Private Sector and Boost Economic Growth: IMF Blog By Diego Cerdeiro, Gee Hee Hong, and Alfred Kammer

12 september 2024 - 10:09:07
Washington, DC, United States (PANA) - In the European Union, income per person, one of the main gauges of living [...] Full text...

thread Economy

UN leads search for synergy on climate and development

07 september 2024 - 05:44:45
New York, US (PANA) - Governments, experts and civil society representatives met in Brazil this week for a UN-backed conference [...] Full text...

thread Environment

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

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

thread Economy

Sustained economic growth hinges on productivity gains as populations age : IMF Blog By Gita Bhatt

04 september 2024 - 12:00:14
Washington, DC, United States (PANA) - A productivity slump is eroding living standards and imperilling financial and social stability “Productivity isn’t [...] 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

Kenya Airways returns to profitability after a decade

20 august 2024 - 15:09:55
Nairobi, Kenya (PANA) - Kenya Airways has returned to the profit-making territory for the first time in 10 years, marking [...] Full text...

thread Economy

UN releases draft blueprint for new universal tax accord

18 august 2024 - 05:30:17
Geneva, Switzerland (PANA) - The global tax system needed reform, and the UN answered the call on Friday with a [...] Full text...

thread Economy

Carbon emissions from AI and crypto are surging and tax policy can help: IMF Blog By Shafik Hebous and Nate Vernon-Lin

16 august 2024 - 08:02:31
Washington, DC, United States (PANA) - What do crypto assets and artificial intelligence have in common? Both are power hungry.Because [...] Full text...

thread Economy

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

Senior US diplomat travels to Kenya, Ethiopia

05 august 2024 - 06:53:05
Washington, DC, US (PANA) - US Under Secretary of State for Civilian Security, Democracy, and Human Rights, Uzra Zeya, is [...] Full text...

thread Politics

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

US Secretary of State urges respect for Kenyan youth, CSOs

28 july 2024 - 07:28:11
Nairobi, Kenya (PANA) - US Secretary of State Antony Blinken has spoken with Kenyan President William Ruto during which he [...] Full text...

thread Politics

UN development Summit looks into global financial reforms

26 july 2024 - 18:03:28
Addis Ababa, Ethiopi  (PANA)  - Dozens of finance and foreign ministers met here to discuss radical action to reform the [...] Full text...

thread Economy