IMF

The $1.8 billion IMF aid program secured in 2023 is currently frozen. A restructuring of the agreement is now required, according to Finance Minister Cheikh Diba. The government is aiming for a new agreement by the first quarter of…

The International Monetary Fund is actively monitoring the situation in Senegal and hopes for a "speedy resolution" to ensure continued stability in the country, IMF spokesperson Julie Kozack said. The postponement of Senegal's…

The International Monetary Fund (IMF) has approved a $941 million lending boost to Kenya, with an immediate disbursement of $624.5 million, offering some relief to the East African country as it battles financial pressures. The…

The Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, has predicted that artificial intelligence (AI) is poised to impact approximately 40% of jobs across the globe.

Somalia is to benefit from a $4.5 billion debt reduction plan with international creditors to service its debt, the International Monetary Fund (IMF) announced in a statement on Wednesday. "Somalia's debt relief process is the result of…

The International Monetary Fund, IMF, has predicted Inflation will slow Nigeria’s economic growth to 2.9 per cent in 2023. READ ALSO: Nigerian Government To Repay $3.4bn IMF Loan In 2027 It also downgraded the country’s economic…

The International Monetary Fund (IMF) says it has reached staff-level pact with Pakistan on a $3 billion short-term financial aid. The deal, subject to approval by the IMF board in July, came hours before the current agreement with the…

The head of US diplomacy Antony Blinken called on Tunisia, a country strangled by debt and grappling with migration issues, to accept an IMF reform plan in order to avoid economic collapse. "It is clear that Tunisia needs more help if it…

Argentine Vice President Cristina Fernandez de Kirchner has slammed the International Monetary Fund (IMF) debt program for holding back the country's economy. Fernandez de Kirchner, speaking at an event commemorating Revolution Day in…

The International Monetary Fund has warned that a significant reduction in foreign loans to Nigeria and other African nations is imminent as the global economy continues to experience new shocks and contractions. The IMF Deputy Divisional…