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

Largely eradicated diseases at risk of returning due to budget cuts: WHO

24 april 2025 - 07:11:47
Geneva, Switzerland (PANA) - Vaccines have saved around 150 million lives over the past 50 years, but that progress is [...] Full text...

thread Health

South African President Ramaphosa undertakes official visit to Lesotho

23 april 2025 - 07:25:19
Cape Town, South Africa (PANA) – South Africa's President Cyril Ramaphosa on Wednesday departed  to Maseru to co-chair the second [...] Full text...

thread Politics

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

Top UN official in Libya appeals for international support for political process

20 april 2025 - 12:01:16
New York, US (PANA) - The Special Representative of the Secretary-General (SRSG) for Libya, Hanna Tetteh, advocated with international partners [...] Full text...

thread Politics

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

Libya’s fragile transition plagued by deepening economic and political divides

17 april 2025 - 19:05:39
New York, US (PANA) - Libya’s prolonged political transition is facing renewed strain, with mounting economic pressures and tensions between [...] Full text...

thread Politics

Top UN official in Libya, Hanna Tetteh, to present first briefing to Security Council

17 april 2025 - 11:13:03
Tripoli, Libya (PANA) - The Special Representative of the Secretary-General for Libya and head of the United Nations Mission of [...] Full text...

thread Politics

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

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

Libya projects US$31 billion in unified budget for 2025

15 april 2025 - 11:09:27
Tripoli, Libya (PANA) - The Prime Minister-designate of the Libyan Parliament, Osama Hammad, on Monday handed over to the Speaker [...] Full text...

thread Politics

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

Foreign aid cuts jeopardise malaria control efforts: WHO

14 april 2025 - 08:17:53
Geneva, Switzerland (PANA) - Since 2000, investments in the global malaria response have prevented more than 2 billion cases and [...] Full text...

thread Health

Top UN official in Libya engages with key regional and international partners at Turkey Diplomacy Forum

14 april 2025 - 07:12:01
Antalya, Turkey (PANA) - The Special Representative of the Secretary-General for Libya, Hanna Tetteh, on Sunday held a series of [...] Full text...

thread Politics

DR Congo crisis: Children subjected to deliberate, systemic sexual violence

11 april 2025 - 18:30:14
Geneva, Switzerland (PANA) - Sexual violence against children in eastern Democratic Republic of the Congo (DRC) has reached staggering proportions, [...] Full text...

thread Society

IMF Staff completes mission to Guinea Bissau

11 april 2025 - 13:14:43
Washington, D.C, US (PANA) - A staff team from the International Monetary Fund (IMF) led by Niko Hobdari visited Bissau [...] Full text...

thread Economy

UN mission in Libya urges parties to agree on urgent measures to stabilise economy

10 april 2025 - 07:58:01
Tripoli, Libya (PANA) - The UN Support Mission in Libya (UNSMIL) has expressed concern about the North African country's worsening [...] Full text...

thread Economy

US funding cuts spell ‘death sentence’ for millions, food agency warns

09 april 2025 - 07:59:26
Rome, Italy (PANA) - The World Food Programme (WFP) has voiced deep concern over news that the United States has [...] Full text...

thread Society

Aid data critical to crisis response threatened by funding cuts

08 april 2025 - 07:52:41
Geneva, Switzerland (PANA) - The gathering of data which is essential for an effective response during a humanitarian crisis - [...] Full text...

thread Society

DRC: Outbreaks of infectious diseases due to depletion of stocks due to budget cuts

30 march 2025 - 06:44:39
Goma, DRC (PANA) - The near-total depletion of medical supplies, due to budget cuts and blocked access, is leading to [...] Full text...

thread Health

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

Connecting 300 million people to electricity and building a resilient future in Africa, World Bank Blog By Celine Ramstein and Stéphane Hallegatte

22 march 2025 - 09:50:58
Dar es Salaam, Tanzania (PANA) - One of the resounding messages of the recent Mission 300 Africa Energy Summit was [...] Full text...

thread Economy

'Multilateralism is important' and 'isolationism is an illusion' - says Guterres

22 march 2025 - 07:37:25
Leuven, Belgium (PANA) - Challenged by "irrationality, ignorance and isolationism," multilateralism remains "important" and "isolationism is an illusion," UN Secretary-General [...] Full text...

thread Politics

Mass displacement in DRC: Country and neighbours are on verge of humanitarian catastrophe

22 march 2025 - 07:36:47
Kinshasa, DRC (PANA) - Faced with massive displacement caused by the ongoing conflict in eastern Democratic Republic of Congo, the [...] Full text...

thread Society

The European Union is to provide CFAF 13 billion for the Port and women's leadership in Benin

19 march 2025 - 15:30:52
Cotonou, Benin (PANA) - The European Union (EU) is to provide Benin with some 20 million euros in support of [...] Full text...

thread Economy

UN migration agency forced to restructure amid significant budget cuts

18 march 2025 - 19:29:31
Geneva, Switzerland (PANA) - The International Organization for Migration (IOM) is undertaking “essential structural adjustments” at its Geneva headquarters and [...] Full text...

thread Society

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

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

Humanitarian system at breaking point as funding cuts force life-or-death choices

13 march 2025 - 07:47:01
New York, US (PANA) - The UN’s top relief official warned on Wednesday that the global humanitarian system has reached [...] Full text...

thread Society

Guterres prioritizes UN reform to ensure taxpayers’ money reaches those in need

12 march 2025 - 19:56:16
New York, US (PANA) - The United Nations is prioritizing reform to ensure it remains effective, cost-efficient and responsive to [...] Full text...

thread Society

UN deputy chief: Strong food systems can deliver progress for everyone, everywhere

04 march 2025 - 20:36:27
Nairobi, Kenya (PANA) - In a series of meetings in Nairobi, Kenya, Deputy Secretary-General Amina Mohammed spearheaded discussions on fortifying [...] Full text...

thread Society

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

‘Fragile stability’ in Libya increasingly at risk, Security Council hears

19 february 2025 - 21:10:40
New York, US (PANA) - The dream of a civil, democratic and prosperous Libya remains unfulfilled 14 years after the [...] Full text...

thread Politics

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

IMF team concludes Ghana visit

14 february 2025 - 20:23:31
Accra, Ghana (PANA) - An International Monetary Fund (IMF) staff team led by Stéphane Roudet has visited Ghana as part [...] 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

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

South Africa: Transforming basic education sector can drive inclusive growth

05 february 2025 - 08:31:44
Cape Town, South Africa (PANA) - Transforming the basic education sector by improving the quality of learning from an early [...] Full text...

thread Society

WHO chief asks US to reconsider withdrawal from UN health agency

04 february 2025 - 07:49:29
Geneva, Switzerland (PANA) - The head of the World Health Organization (WHO) said on Monday he would “welcome constructive dialogue” [...] Full text...

thread Health

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

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

African Union urges Trump to revisit US exit from WHO

28 january 2025 - 17:54:13
Kampala, Uganda (PANA) - The African Union on Jan.22 urged new U.S. President Donald Trump to revisit his decision to [...] Full text...

thread Politics

US' order halting foreign aid work puts lives at risk: Human Rights Watch

28 january 2025 - 05:08:44
Washington, DC, US (PANA) – The US government’s suspension of most foreign aid is putting lives around the world at risk, [...] Full text...

thread Politics

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

UN regrets US exit from global cooperation on health, climate change agreement

21 january 2025 - 16:24:16
Geneva, Switzerland (PANA) - UN agencies responded on Tuesday to President Trump’s executive orders ending US membership of the World [...] Full text...

thread Politics

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

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

US names delegation to inauguration of Ghana's President Mahama

04 january 2025 - 08:19:00
Accra, Ghana (PANA) - The President of the United States of America (USA), Joseph Biden Jr, has named a delegation [...] Full text...

thread Politics

General Assembly approves $3.72 billion UN budget for 2025 By Vibhu Mishra

25 december 2024 - 17:37:52
New York (US) - The General Assembly wrapped up the main part of its 79th session on Tuesday, approving a [...] Full text...

thread Society

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 identifies Benin’s key challenge in economic transformation efforts

18 december 2024 - 11:04:42
Cotonou, Benin (PANA) - A key challenge ahead for Benin is to further strengthen inclusive policies for an economic transformation [...] 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

New WHO report reveals governments deprioritizing health spending

12 december 2024 - 14:33:38
Geneva, Switzerland (PANA) - The 2024 Global Heath Expenditure Report by the World Health Organization (WHO) shows that the average [...] Full text...

thread Health

Tanzania needs concrete action on its path to resilient, low carbon growth: World Bank

12 december 2024 - 06:40:23
Dar es Salaam, Tanzania (PANA - Without decisive action, climate change could cut Tanzania's economic growth by up to 4% [...] 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

Human toll of senseless conflict ‘is incalculable’, says UN rights chief Türk

10 december 2024 - 05:50:36
Geneva, Switzerland (PANA) - UN High Commissioner for Human Rights Volker Türk delivered his annual statement on Monday, urging global [...] Full text...

thread Society

Gambia: IDA US$30 million budget support to enhance productivity and improve economic governance

09 december 2024 - 12:55:30
Banjul, Gambia (PANA) - The World Bank Group has approved $30 million in financing from the International Development Association (IDA) [...] Full text...

thread Economy

Côte d’Ivoire’s debt-for-development swap to free up funds for education

06 december 2024 - 08:47:28
Abidjan, Côte d’Ivoire (PANA) - With support from the World Bank Group, Côte d’Ivoire will complete a debt-for-development swap, a [...] Full text...

thread Society

UN mission in Libya intensifies efforts to revitalise political process

05 december 2024 - 05:16:16
Tripoli, Libya (PANA) - A top UN official in Libya has intesified consultations with political actors to put the holding [...] Full text...

thread Politics

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

Norway announces early pledge to IDA21 during G20 Summit in Rio de Janeiro

19 november 2024 - 07:09:14
Rio de Janeiro, Brazil (PANA) - In a significant move to bolster global development efforts, Norway has announced its early [...] 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 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

Adapt or perish: UN calls for urgent action at COP29 climate summit

07 november 2024 - 12:44:46
Cairo, Egypt (PANA) - Come hell or high water, nations must urgently scale up climate adaptation efforts, the UN Environment [...] Full text...

thread Environment

EC publishes 2023 international climate finance figures

05 november 2024 - 13:07:39
Brussels, Belgium (PANA) - In 2023, the European Union and its 27 member states contributed €28.6 billion in climate finance [...] Full text...

thread Environment

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

From challenges to opportunities: Transforming human capital in CEMAC: World Bank Blog By Ioana Botea and Nathalie Lahire

28 october 2024 - 12:08:47
Yaoundé, Cameroon (PANA) - Human capital is a cornerstone for sustained and inclusive growth. In today’s world, a nation’s wealth [...] Full text...

thread Society

How to advance women’s roles in peace and security

24 october 2024 - 11:26:08
Geneva, Switzerland (PANA) - Ongoing conflicts in Gaza, Haiti, Sudan and Ukraine and beyond reveal that females are disproportionately affected [...] Full text...

thread Gender

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

EC extends mandate of EU advisory mission in CAR for two years

22 october 2024 - 14:51:08
Brussels, Belgium (PANA) - The European Council has adopted a decision extending the mandate of the EU advisory mission in [...] Full text...

thread Politics

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

UN chief proposes $3.6 billion budget for 2025, highlighting peace, development and reforms

17 october 2024 - 05:13:57
New York, US (PANA) - The UN Secretary-General on Wednesday presented a $3.6 billion budget proposal for programmes in 2025, [...] 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

UK, Libyan officials discuss political, economic, security issues in Libya

15 october 2024 - 11:11:23
Tripoli, Libya (PANA) - The President of the Libyan Presidential Council, Mohamed al-Manfi, on Monday discussed political, economic, and security [...] Full text...

thread Politics

The Chief Economists of Government Network supporting the role of Africa’s chief economic advisors: World Bank Blog By Trudi Makhaya

15 october 2024 - 06:58:53
Lusaka, Zambia (PANA) - Today’s political chief executive is expected to play a significant role in driving economic policy. Heads [...] Full text...

thread Society

World Bank economic update proposes policy options to promote Gabon’s forest conservation

14 october 2024 - 15:03:26
Libreville, Gabon (PANA) - Gabon experienced lower growth in 2023 (2.4%) amid transport disruptions that impacted wood and manganese production, [...] Full text...

thread Economy

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

Benin to contribute $2 million to the African Development Fund

13 october 2024 - 05:22:58
Cotonou, Benin (PANA) - Benin has pledged $2 million to the next replenishment of the African Development Fund (ADF), the [...] 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

WHO issues travel advice in context of Marburg Virus Disease outbreak in Rwanda

11 october 2024 - 18:59:20
Geneva, Switzerland (PANA) - The WHO on 10 October issued advice against travel and trade restrictions with Rwanda in the [...] Full text...

thread Health

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

'Work towards establishing unified budget': Security Council tells Libyan institutions

10 october 2024 - 11:36:24
New York, US (PANA) - The UN Security Council on Wednesday called on relevant Libyan institutions to take the necessary [...] Full text...

thread Politics

UN Security Council welcomes agreement to end Libya Central Bank crisis

10 october 2024 - 06:28:54
New York, US (PANA) - The UN Security Council has welcomed the agreement reached between Libyan actors on the Central [...] Full text...

thread Politics

WHO calls for action to halt rise in hearing loss in Africa

08 october 2024 - 05:09:55
Nairobi, Kenya (PANA) - The number of people in Africa living with hearing loss could rise to 54 million by [...] Full text...

thread Health

South Sudan faces macroeconomic challenges resulting from endless war in neighbouring Sudan: IMF team

02 october 2024 - 18:12:48
Juba, South Sudan (PANA) – South Sudan continues to face several difficult macroeconomic challenges, partly resulting from the spillovers of [...] 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

Libyan legislative chambers sign agreement on Central Bank crisis

26 september 2024 - 10:42:21
Tripoli, Libya (PANA) - The United Nations Support Mission in Libya (UNSMIL) has announced that an official signing ceremony of [...] Full text...

thread Politics

Somalia navigates progress amidst persistent challenges

25 september 2024 - 07:58:45
Mogadishu, Somalia (PANA) - Somalia has made significant macroeconomic strides in recent years, but these gains have yet to translate [...] Full text...

thread Society

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

Senegalese President dissolves parliament, sets 17 November for election

13 september 2024 - 07:50:27
Dakar, Senegal (PANA) - Senegalese President Bassirou Diomaye Faye has dissolved Parliament and set 17 November 2024 for a fresh [...] Full text...

thread Politics

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 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

AfDB launches 60th birthday festivities

10 september 2024 - 11:38:27
Abidjan, Cote, d'Ivoire (PANA) - The President and Chairman of the Boards of Directors of the African Development Bank (AfDB) [...] 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

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

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

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

Partnership in the water and sanitation sector brings hope to DR Congo: World Bank Blog By Saroj Kumar Jha, Nancy Eslick and David Tshilumba Mutombo

29 august 2024 - 11:11:22
Kinshasa, DR Congo (PANA) - In the Democratic Republic of Congo (DRC) many people have to walk to  rivers to [...] Full text...

thread Society

Fourteen African countries, key partners unite to provide critical resources for health in WHO’s first-ever Investment Round

28 august 2024 - 11:38:48
Brazzaville, Congo (PANA) — In an unprecedented show of unity in support of the World Health Organisation (WHO), 14 African [...] Full text...

thread Health

WHO outlines its financial need for mpox response

27 august 2024 - 20:13:13
Geneva, Switzerland (PANA) - Following the declaration of a global emergency on 14 August, WHO needs US$ 87.4 million over [...] Full text...

thread Health

UN Mission in Libya convenes emergency meeting to resolve Central Bank crisis

27 august 2024 - 12:32:51
Tripoli, Libya (PANA) - The United Nations Support Mission in Libya (UNSMIL) says it is convening an emergency meeting for [...] Full text...

thread Politics

Bridging the financing gap: Achieving Education for All in Zambia: World Bank Blog By Samer Al-Samarrai, Girma Woldetsadik and Joseph Simumba

22 august 2024 - 07:46:56
Lusaka, Zambia (PANA) - The government of Zambia has laid out an ambitious plan to universalize primary and secondary education. [...] Full text...

thread Society

Status quo ‘not sustainable’ in increasingly unstable Libya, Security Council hears

20 august 2024 - 17:32:46
New York, US (PANA) - Recent “unilateral acts” by rival sides in Libya have led to a rapid deterioration in [...] Full text...

thread Politics

Designing sustainable participatory processes: Lessons from Kenya: World Bank Blog By Annette Akinyi Omolo and Helene Carlsson Rex

16 august 2024 - 07:39:53
Nairobi, Kenya (PANA) - In Kenya, public participation is both a cornerstone of sustainable development and a right enshrined in [...] Full text...

thread Society

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

Africa LEADS: Integrating knowledge and operations for a better Bank: World Bank Blog By Arianna Legovini, Sutayut Osornprasop, Aidan Coville and Shane Romig

09 august 2024 - 09:15:51
Cape Town, South Africa (PANA) - Imagine a life without electricity to light up your home, clean water to drink [...] Full text...

thread Society

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

US Secretary of State Blinken urges Sudan's military ruler to participate in ceasefire talks

06 august 2024 - 09:52:17
Washington, DC, US (PANA) - US Secretary of State Antony Blinken has spoken by phone with the Head of the [...] Full text...

thread Society

Sudan famine: Emergency response must include more than food, urges top UN aid official

06 august 2024 - 05:53:20
Port Sudan, Sudan (PANA) - The battle to prevent lives being lost in Sudan to famine must include a comprehensive [...] Full text...

thread Society

World Bank backs Ethiopia's reforms to promote sustainable, inclusive growth, take climate action

31 july 2024 - 08:46:38
Washington, DC, United States (PANA) - The World Bank’s Board of Executive Directors on Tuesday approved the Ethiopia First Sustainable [...] Full text...

thread Economy

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

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

CAR faces tough socioeconomic situation in governance reforms: IMF

25 july 2024 - 09:56:53
Bangui, CAR (PANA) – Despite the particularly difficult socioeconomic context and significant financing needs, Central African Republic (CAR) continues to [...] Full text...

thread Economy

Malawi Economic Monitor calls for urgent, sustained reforms for faster, more inclusive growth

25 july 2024 - 07:40:09
Lilongwe, Malawi (PANA) - Malawi’s current economic difficulties require a combination of immediate response measures and urgent reforms to address [...] Full text...

thread Economy

AfDB grants DRC $260 million loan to strengthen agricultural sector

19 july 2024 - 05:47:57
Abidjan, Cote d'Ivoire (PANA) - The Board of Directors of the African Development Bank (AfDB) has approved a loan of [...] Full text...

thread Agriculture

European Council agrees its position on EU 2025 draft budget

17 july 2024 - 18:08:55
Brussels, Belgium (PANA) – The European Council on Wednesday reached an agreement on its position on the 2025 EU draft [...] 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

European Council adopts measures in support of Beninese Armed Forces

15 july 2024 - 11:31:57
Brussels, Belgium (PANA) – The European Council (EC) on Monday adopted an assistance measure worth €5 million under the European [...] Full text...

thread Society

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

Mali launches cleanup of drains and gutters in Bamako

11 july 2024 - 15:46:50
Bamako, Mali (PANA) - The Malian government on Tuesday launched Operation 2024 to clean the capital's drains and gutters to [...] Full text...

thread Environment

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

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

Donor delegation expresses satisfaction with Cape Verde's Tech Park

07 july 2024 - 07:33:29
Praia, Cape Verde (PANA) - A high-level donor delegation that included the African Development Bank (AfDB) has expressed strong admiration [...] Full text...

thread Society

Preserving the Congo Basin forest: Game changer for Africa and the world: World Bank Blog By Cheick Fantamady Kanté

05 july 2024 - 07:16:34
Brazzaville, Congo (PANA) - As African leaders convene in Brazzaville to discuss the forest agenda, it is crucial to reflect [...] Full text...

thread Environment

Anti-Govt protests continue in Kenya amid more violence

02 july 2024 - 18:02:18
Nairobi, Kenya (PANA) - Protests against the government of President William Ruto continued in Nairobi on Tuesday for the third [...] Full text...

thread Politics

IMF concludes 2024 Article consultation with Benin

28 june 2024 - 11:36:18
Washington, DC, USA (PANA) - The Executive Board of the International Monetary Fund (IMF) has concluded the 2024 Article IV [...] 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

Kenyans brace themselves for more protests despite President Ruto's U-turn on Finance Bill

27 june 2024 - 10:19:27
Nairobi, Kenya (PANA) - Kenyans are bracing themselves for another wave of protests on Thursday despite President William Ruto withdrawing [...] Full text...

thread Politics

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, US State Department express concern about bloody Kenya riots

27 june 2024 - 06:27:42
Washington, DC, United States (PANA) - The International Monetary Fund (IMF) and US Department of State have expressed concern about [...] Full text...

thread Politics

Update Kenya Bill: Kenyan President withdraws contentious Finance Bill, cuts State House budget

26 june 2024 - 17:35:46
Nairobi, Kenya (PANA) - Kenyan President William Ruto withdrew the contentious Finance Bill 2024 on Wednesday and agreed to reduce [...] Full text...

thread Economy

Libyan-European support for UNSMIL to sponsor a intra-Libyan political process

26 june 2024 - 17:24:36
Tripoli, Libya (PANA) - The chairman  of the Libyan Presidential Council, Mohamed Al-Manfi, and the European Union (EU) ambassadors accredited [...] Full text...

thread Politics

Businesses resume in Kenyan capital after Tuesday's bloody violence

26 june 2024 - 16:26:04
Nairobi, Kenya (PANA) -  Businesses resumed on Wednesday in tense Nairobi after Tuesday's bloody violence in which protesters raided Parliament [...] Full text...

thread Politics

Death toll in Kenya tax protests up to 13, according to medics

26 june 2024 - 11:46:56
Nairobi, Kenya (PANA) - At least 13 people were killed when police clashed with protesters who stormed Parliament against a [...] Full text...

thread Politics

Climate-smart focus in livestock sector can help Tanzania increase production, generate jobs

26 june 2024 - 10:22:23
Dar es Salaam, Tanzania (PANA) - Tanzania can significantly boost its livestock sector's economic contribution with a bold and comprehensive [...] Full text...

thread Agriculture

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

Over three million preventable deaths per year due to alcohol and drug use

26 june 2024 - 05:42:02
Geneva, Switzerland (PANA) - Over three million deaths per year were attributable to alcohol consumption and drug use, a new [...] Full text...

thread Health

World Bank offers US$700 million to help Egypt achieve sustainable, diversified and resilient growth

24 june 2024 - 08:13:39
Washington, DC, United States (PANA) - The World Bank has announced US$700 million in Development Policy Financing (DPF) for the [...] 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

Easing Guinea’s food insecurity: IMF’s Food Shock Window By Pilar Garcia Martinez, Joseph Ntamatungiro, and Neree Noumon

21 june 2024 - 15:42:02
Conakry, Guinea (PANA) - IMF emergency financing has supported Guinea’s efforts to cope with the effects of macroeconomic shocks, underpinned [...] Full text...

thread Agriculture

Integrity and transparency of spending and security in Sub-Saharan Africa. Are they the missing links? World Bank Blog By Yousif Elmahdi and Gael Raballand

21 june 2024 - 13:22:23
Ouagadougou, Burkina Faso (PANA) - Security spending is on the rise in several regions in Sub-Saharan Africa. However, in contexts [...] 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

Top UN official in Libya highlights need for inclusive talks to end stalemate

20 june 2024 - 06:41:11
New York, US (PANA) - Libyans overwhelmingly desire a political consensus so that credible national elections can be held that [...] Full text...

thread Politics

UNICEF says most African countries not allocating enough budget to education

16 june 2024 - 13:07:18
Dakar, Senegal, (PANA) - The UN Children's Fund (UNICEF) says most African countries are not meeting their commitments to allocate [...] Full text...

thread Society

Burundi govt comes to the rescue of country's only public university

14 june 2024 - 15:55:09
Bujumbura, Burundi (PANA) - Burundi's only public university, based in Bujumbura, is to receive State subsidies to relaunch its accommodation, [...] Full text...

thread Politics

AfDB approves $8.6 million grant to boost non-oil revenue mobilisation in South Sudan

13 june 2024 - 11:23:00
Juba, South Sudan (PANA) - The African Development Bank (AfDB) is providing additional financial support to enable South Sudan to [...] Full text...

thread Agriculture

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

Belgium provides €75 million in financial support to Burundi

10 june 2024 - 14:05:05
Bujumbura, Burundi (PANA) - Belgium is to release a financial package of 75 million euros over the next five years [...] Full text...

thread Politics

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

José Luis Castro appointed as WHO Director-General Special Envoy for Chronic Respiratory Diseases

06 june 2024 - 09:20:43
Geneva, Switzerland (PANA) - The World Health Organization (WHO) on Thursday announced the appointment of Mr José Luis Castro as [...] Full text...

thread Health

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

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

IMF, Niger reach staff-level deal on reviews of ECF and RSF

01 june 2024 - 18:05:10
Niamey, Niger (PANA) - With the economic outlook promising over the near and medium term, the International Monetary Fund (IMF) [...] Full text...

thread Economy

World Bank assists Kenya to ease short-term fiscal pressures

31 may 2024 - 10:07:18
Nairobi, Kenya (PANA) - The World Bank has approved new funding to help Kenya address short-term fiscal pressures and simultaneously [...] Full text...

thread Economy

IMF Board concludes first review of ECF for Somalia

30 may 2024 - 10:06:36
Mogadishu, Somalia (PANA) – The International Monetary Fund (IMF) has allowed an immediate disbursement of US$10 million to Somalia to [...] Full text...

thread Economy

Guinea-Bissau: Blockchain Platform to strengthen wage bill management goes live

29 may 2024 - 18:28:25
Bissau, Guinea-Bissau (PANA) - Guinea-Bissau stands up as one of the first countries in sub-Saharan Africa to use blockchain digital [...] Full text...

thread Economy

WHO’s investment case launch draws expressions of support, pledges to sustainably finance four-year strategy

28 may 2024 - 18:41:08
Geneva, Switzerland (PANA) – The World Health Organisation (WHO) on Tuesday launched an investment case that lays out the Organisation’s [...] Full text...

thread Health

WHO launches first Investment Round to sustainably finance its Health for All mandate

27 may 2024 - 06:57:37
Geneva, Switzerland (PANA) - The World Health Organisation (WHO) launched its first-ever Investment Round on Sunday as part of a [...] Full text...

thread Health

Libya at the 50th meeting of the Middle East Regional Committee for Tourism in Oman

24 may 2024 - 17:03:29
Tripoli, Libya (PANA) - Libya has participated in the 50th meeting of the Regional Committee for the Middle East of [...] Full text...

thread Economy

‘All for Health, Health for All’ sets the stage for 77th World Health Assembly

23 may 2024 - 13:03:53
Geneva, Switzerland (PANA) - As the world continues to grapple with the aftermath of the most severe pandemic in a [...] Full text...

thread Health

IMF reaches staff-level deal with Tanzania on RSF, third review of ECF

18 may 2024 - 08:47:38
Dar es Salaam, Tanzania (PANA) – Tanzania’s authorities and the International Monetary Fund (IMF) have reached staff-level agreement on a [...] Full text...

thread Economy

Tunisia's sustained recovery requires quick action to take advantage of opportunities

09 may 2024 - 07:49:55
Tunis, Tunisia (PANA) - Tunisia's economic recovery slowed in 2023, due to a severe drought, tight financing conditions and a [...] Full text...

thread Economy

Libyan Prime Minister orders proposal of import budget based on priority needs

07 may 2024 - 17:28:04
Tripoli, Libya (PANA) - The Libyan Prime Minister of the Government of National Unity, Abdulhamid al-Dbaiba, has stressed the need [...] Full text...

thread Economy

IMF Executive Board approves US$71 million in Emergency Financing Support for Guinea

07 may 2024 - 05:41:13
Washington, DC, US (PANA) - The Executive Board of the International Monetary Fund (IMF) on Monday approved a disbursement of SDR [...] Full text...

thread Economy

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

04 may 2024 - 11:03:47
Banjul, Gambia (PANA) - The Gambian economic activity is recovering robustly as the country continues to advance its reform agenda [...] Full text...

thread Economy

Senegal maintains resilience despite economic challenges: IMF

04 may 2024 - 09:25:20
Dakar, Senegal (PANA) - A team from the International Monetary Fund (IMF) has concluded a mission to Senegal affirming that [...] Full text...

thread Economy

Africa can overcome challenges of technology, says ECA officiial

01 may 2024 - 12:50:09
Addis Ababa, Ethiopia (PANA) - The head of the Technology and Innovation Section of the Economic Commission for Africa (ECA), [...] Full text...

thread Sciences

IMF team reaches staff-level deal with Mali on rapid credit

01 may 2024 - 09:26:17
Bamako, Mali (PANA) – International Monetary Fund (IMF) staff and the Malian authorities have reached a staff-level agreement on emergency [...] Full text...

thread Economy

Libyan-US talks focus on ways to break the deadlock to hold elections

30 april 2024 - 14:00:44
Tripoli, Libya (PANA) - The chairman of the Libyan Presidential Council, Mohamed al-Manfi, discussed with the US Special Envoy to [...] Full text...

thread Politics

World Bank provides additional support to food crisis response in Malawi

27 april 2024 - 13:46:15
Lilongwe, Malawi (PANA) - The World Bank is providing immediate support for millions of Malawians severely affected by the ongoing [...] Full text...

thread Environment

CAR struggles to stabilise economy against complex humanitarian crisis

21 april 2024 - 11:33:36
Bangui, Central African Republic (PANA) – The authorities in Central African Republic (CAR) and the International Monetary (IMF) staff have [...] Full text...

thread Economy

UPDATE: Libyan leaders must put national interests above their own, top envoy tells Security Council

16 april 2024 - 18:35:56
New York, US (PANA) - Efforts to foster dialogue and address the concerns of Libyan politicians are being met with [...] Full text...

thread Politics

Uncertainty, amidst conflict and indebtedness, weighs on the outlook for MENA region

15 april 2024 - 17:24:02
Washington, DC. USA (PANA) -- Lacklustre growth, rising indebtedness and heightened uncertainty due to the conflict in the Middle East [...] Full text...

thread Economy

IMF acknowledges Ghana’s strong performance under ECF arrangement

13 april 2024 - 13:32:36
Accra, Ghana (PANA) - Ghanaian authorities and officials of the International Monetary Fund (IMF) have reached staff-level agreement on economic [...] Full text...

thread Economy

IMF Board selects Kristalina Georgieva for second term as Managing Director

13 april 2024 - 09:52:56
Washington, DC, USA (PANA) - The International Monetary Fund (IMF) has in recent years helped member countries to navigate successive [...] Full text...

thread Society

EU provides €1 billion macro-financial assistance to Egypt

12 april 2024 - 11:45:56
Brussels, Belgium (PANA) - The European Union (EU) will provide €1 billion of urgent short-term macro-financial assistance to Egypt to [...] Full text...

thread Society

HRW says COVID pandemic data reveals threats, opportunities to improve health systems

12 april 2024 - 11:27:22
Washington, DC, US (PANA) – New data from the World Health Organisation (WHO) shows that many governments around the world [...] Full text...

thread Health

Executive Board concludes review of IMF capacity development strategy

10 april 2024 - 09:46:30
Washington, D.C., United States (PANA) - The Executive Board of the International Monetary Fund (IMF) has concluded the third quinquennial [...] Full text...

thread Economy

Seychelles, IMF mission reach staff-level deal on second reviews under EFF and RSF

04 april 2024 - 10:10:46
Victoria, Seychelles (PANA) - The Seychellois economy continued to recover in 2023 and is moving closer to pre-pandemic norms despite [...] Full text...

thread Economy

Hidden debt hurts economies. Better disclosure laws can help ease the pain: IMF Blog By Alissa Ashcroft, Karla Vasquez, Rhoda Weeks-Brown

02 april 2024 - 15:28:55
Washington, United States (PANA) - If efforts to address record global public debt are to leave no stone unturned, then [...] Full text...

thread Economy

IMF approves augmentation of Egypt’s EFF arrangement

30 march 2024 - 10:06:59
Cairo, Egypt (PANA) - The Executive Board of the International Monetary Fund (IMF) on Friday completed the first and second [...] Full text...

thread Economy

Algerian economy struggles with persistent inflation - IMF

30 march 2024 - 09:31:53
Algiers, Algeria (PANA) - Algeria’s economy is estimated to have grown by 4.2 per cent in 2023, a robust performance [...] Full text...

thread Economy

Fiscal and financial risks of high debt, slow-growth world: IMF Blog By Tobias Adrian, Vitor Gaspar, Pierre-Olivier Gourinchas

29 march 2024 - 13:14:00
Washington, United States (PANA) - Higher long-term real interest rates, lower growth, and higher debt will put pressure on medium-term [...] Full text...

thread Economy