IMF staff team concludes mission to Liberia
21 november 2024 - 08:18:22Washington, DC, United States (PANA) - An International Monetary Fund (IMF) staff team, led by Mr. Daehaeng Kim, Mission Chief [...] Full text...
thread Economy
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AfDB approves €24 million loan to Côte d’Ivoire to improve fisheries and aquaculture sectors
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Senior US diplomat participates in Dakar Biennale
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US, Mauritania hold energy security dialogue
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COP29: Climate talks conclude with $300 billion annual pledge
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One in three women experiences gender-based violence
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Washington, DC, United States (PANA) - An International Monetary Fund (IMF) staff team, led by Mr. Daehaeng Kim, Mission Chief [...] Full text...
IMF, Comoros reach staff-level agreement on third review of ECF arrangement
16 november 2024 - 10:25:28Moroni, Comoros (PANA) - Comorian authorities and International Monetary Fund (IMF) staff have reached a staff-level agreement on economic policies [...] Full text...
thread Economy
IMF reaches staff-level deal with DRC on ECF, RSF for US$ 1.77 billion
14 november 2024 - 08:35:29Kinshasa, DR Congo (PANA) – Authorities in the Democratic Republic of Congo (DRC) and a mission of the International Monetary [...] Full text...
thread Economy
IMF, Zambia strike deal on 4th review of Extended Credit Facility
12 november 2024 - 11:49:13Lusaka, 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 - 11:05:01Niamey, Niger (PANA) - Niger’s economic outlook is favourable over the near term, with growth projected at 8.8 percent this [...] Full text...
thread Economy
IMF issues preliminary statement on assessment of Congo’s financial stability
08 november 2024 - 08:16:18Washington, DC, United States (PANA) - International Monetary Fund (IMF) staff is engaging with the Republic of Congo authorities to [...] Full text...
thread Economy
IMF, Guinea Bissau reach staff-level deal on review of ECF arrangement
08 november 2024 - 07:47:03Bissau, Guinea Bissau (PANA) – The International Monetary Fund (IMF) and Guinea Bissau have reached staff-level agreement on economic policies [...] Full text...
thread Economy
Climate action essential to Senegal’s upper-middle-income country aspiration, says new report
06 november 2024 - 09:07:30Dakar. Senegal (PANA) - A new World Bank Group report highlights the significant economic and social benefits of climate action [...] Full text...
thread Economy
EC publishes 2023 international climate finance figures
05 november 2024 - 13:07:39Brussels, Belgium (PANA) - In 2023, the European Union and its 27 member states contributed €28.6 billion in climate finance [...] Full text...
thread Environment
Gambia, IMF reach staff-level agreement on second review of ECF arrangement
05 november 2024 - 07:26:28Banjul, Gambia (PANA) – International Monetary Fund (IMF} staff and the Gambian authorities have reached a staff-level agreement on economic [...] Full text...
thread Economy
IMF Executive Board approves US$248.5 million for Sierra Leone
01 november 2024 - 07:33:51Washington, DC, US (PANA) - The Executive Board of the International Monetary Fund (IMF) on Thursday concluded the 2024 Article [...] Full text...
thread Economy
IMF staff conclude Article IV discussions with Somalia
01 november 2024 - 07:12:01Washington, 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 - 08:19:16Washington, DC,US (PANA) - The Executive Board of the International Monetary Fund (IMF) concluded today the seventh and the eighth [...] Full text...
thread Economy
Japan signs $1 billion portfolio guarantee with World Bank
26 october 2024 - 07:34:07Washington, DC, United States (PANA) - Japan signed a $1 billion portfolio guarantee agreement on Friday that will scale up [...] Full text...
thread Economy
Togo advances reforms, pursues sound economic policies: IMF
25 october 2024 - 12:30:38Lomé, Togo (PANA) – An International Monetary Fund (IMF) staff mission has commended Togolese authorities on the sustained progress in [...] Full text...
thread Economy
World Bank Group advances gender strategy, unveils economic opportunity ambitions
24 october 2024 - 14:35:56Washington DC, United States (PANA) - The World Bank Group on Thursday took the first steps toward implementing Gender Strategy [...] Full text...
thread Gender
Global financial fragilities mount despite rate cuts and buoyant markets: IMF Blog By Tobias Adrian, Sheheryar Malik, and Jason Wu
23 october 2024 - 10:10:27Washington, DC, United States (PANA) - When it comes to financial stability, the world is facing a split screen of [...] Full text...
thread Economy
Rwanda’s economic growth among strongest in Sub-Saharan Africa: IMF
23 october 2024 - 08:51:42Kigali, Rwanda (PANA) – International Monetary Fund (IMF) staff and the Rwandan authorities have reached staff-level agreement on policies needed [...] Full text...
thread Economy
How high economic uncertainty may threaten global financial stability: IMF Blog By Mario Catalán, Andrea Deghi and Mahvash S. Qureshi
20 october 2024 - 14:53:14Washington, DC, United States (PANA) - Uncertainty is not as easily measured as traditional indicators like growth or inflation, but [...] Full text...
thread Economy
AfDB approves $100 million to support youth and women-led MSMEs in Nigeria
20 october 2024 - 06:27:25Abidjan, Cote d'Ivoire (PANA) - The African Development Bank (AfDB) has approved a $100 million loan to increase access to [...] Full text...
thread Economy
IMF staff urge strong governance, speedy reforms for inclusive growth in Madagascar
19 october 2024 - 09:42:53Antananarivo, Madagascar (PANA) - Strengthening governance and accelerating reforms to bolster resilience to climate shocks and attract climate finance for [...] Full text...
thread Economy
IMF completes first review of Ethiopia’s ECF arrangement, allows $340.7 million disbursement
19 october 2024 - 08:43:02Addis Ababa, Ethiopia (PANA) – The International Monetary Fund (IMF) Board on Friday completed the first review under the Extended [...] Full text...
thread Economy
IMF, reach staff level deal on review of ECF and RSF before approval of more financial support
18 october 2024 - 07:53:28Dar es Salaam, Tanzania (PANA) - Tanzanian authorities and the International Monetary Fund (IMF) have reached staff-level agreement on the [...] Full text...
thread Economy
Gambia President Barrow sues newspaper Editor
17 october 2024 - 12:40:11Banjul, Gambia (PANA) - Gambian President Adama Barrow has filed a suit against the Editor-in-Chief and Managing Director of The [...] Full text...
thread Society
IMF team assesses Senegal’s finance inspectorate reports
17 october 2024 - 12:26:35Dakar, 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 - 12:08:39Lusaka, Zambia (PANA) – Drought has caused a greater than anticipated economic impact in Zambia due to the intense electricity [...] Full text...
thread Economy
Examining assumptions in education policy: A decade of World Bank research By Luis Benveniste, Tracy Wilichowski, Quentin Daviot and Gabrielle Arenge
16 october 2024 - 07:31:10Washington, DC. United States (PANA - A compendium of impact evaluations provides policymakers and practitioners with actionable information to enhance [...] Full text...
thread Society
AfDB, AFD cement partnership to support youth entrepreneurship in Africa
13 october 2024 - 05:11:55Abidjan, Cote d'Ivoire (PANA) - The African Development Bank Group and Agence Française de Développement (AFD) have announced they would [...] Full text...
thread Economy
IMF staff, Gambia review country’s programme under ECF arrangement
12 october 2024 - 12:02:05Banjul, Gambia (PANA) – The International Monetary Fund (IMF) staff and the Gambian authorities have conducted productive discussions on economic [...] Full text...
thread Economy
IMF expects Côte d’Ivoire to boost recovery of regional official reserves
11 october 2024 - 11:38:27Abidjan, 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
IMF team discusses macroeconomic policies on Burkina Faso visit
10 october 2024 - 09:15:52Ouagadougou, Burkina Faso (PANA) - An International Monetary Fund (IMF) staff team led by Martin Schindler visited Ouagadougou during 30 [...] Full text...
thread Economy
ECOWAS Bank to invest EUR 61 million, $100 million to boost infrastructure, trade
08 october 2024 - 05:00:17Lomé, Togo (PANA) - The Board of Directors of the ECOWAS Bank for Investment and Development (EBID) has approved investments [...] Full text...
thread Economy
IMF reaches Staff-Level Agreement with Ghana on Third Review of the Extended Credit Facility
04 october 2024 - 13:00:46Accra, Ghana (PANA) - IMF staff and the Ghanaian authorities have reached staff-level agreement on economic policies and reforms to [...] Full text...
thread Economy
Implementation gaps hinder business climate in 50 economies: WBG report
03 october 2024 - 15:32:24Washington, DC, United States (PANA) - Economies do better at enacting regulations to improve the national business climate than they [...] Full text...
thread Economy
IMF approves 40-month US$210 million ECF for Liberia
26 september 2024 - 10:06:01Monrovia, Liberia (PANA) - The Board of the International Monetary Fund (IMF) has approved US$210 million as an Extended Credit [...] Full text...
thread Economy
Sierra Leone, IMF reach staff-level deal on new ECF arrangement
21 september 2024 - 09:27:33Freetown, Sierra Leone (PANA) - The International Monetary Fund (IMF) staff and the Sierra Leonean authorities have reached a staff-level [...] Full text...
thread Economy
Benin prepares 2025 budget in compliance with WAEMU fiscal norm
12 september 2024 - 12:42:03Cotonou, Benin (PANA) - Benin’s authorities have started crafting the 2025 budget, targeting compliance with the West African Monetary Union [...] Full text...
thread Economy
IMF underlines wise spending of public revenue in Lesotho
12 september 2024 - 12:01:39Maseru, Lesotho (PANA) - Lesotho’s GDP growth has improved modestly, picking up to 2.2 percent in the fiscal year ending [...] 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 - 10:09:07Washington, DC, United States (PANA) - In the European Union, income per person, one of the main gauges of living [...] Full text...
thread Economy
2024 FIFA U-20 WWC: Day 3 matches concluded in Groups A, B
07 september 2024 - 07:21:09Bogota, Colombia (PANA) - With the final Group matches concluded on Friday in Groups A and B, hosts Colombia, in [...] Full text...
thread Sports
IMF approves US$7.3 million disbursement to Guinea Bissau
29 august 2024 - 12:31:51Bissau, Guinea Bissau (PANA) – The International Monetary Fund (IMF) has allowed an immediate disbursement of US$7.3 million to help [...] Full text...
thread Economy
UN Mission in Libya convenes emergency meeting to resolve Central Bank crisis
27 august 2024 - 12:32:51Tripoli, Libya (PANA) - The United Nations Support Mission in Libya (UNSMIL) says it is convening an emergency meeting for [...] Full text...
thread Politics
IMF, Liberia reach staff-level agreement on new 40-month Extended Credit Facility Arrangement
27 august 2024 - 07:48:04Washington, DC, US (PANA) - International Monetary Fund staff and the Liberian authorities have reached a staff-level agreement on a [...] Full text...
thread Economy
Egypt’s cane sugar production drops
23 august 2024 - 07:14:37Cairo, 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
AfDB approves $40m Trade Finance Transaction Guarantee Facility to Ethiopia’s Dashen Bank
10 august 2024 - 05:47:28Abidjan, Cote d'Ivoire (PANA) - The Board of Directors of the African Development Bank (AfDB) Group has approved a $40 [...] Full text...
thread Economy
Now is the time to help countries faced with liquidity challenges: IMF Blog By Ceyla Pazarbasioglu and Pablo Saavedra
01 august 2024 - 17:00:50Washington, United States (PANA) - Many countries are being squeezed by increasing interest payments and high debt redemptions. The economic scarring [...] Full text...
thread Economy
World Bank backs Ethiopia's reforms to promote sustainable, inclusive growth, take climate action
31 july 2024 - 08:46:38Washington, 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 - 11:47:18Washington, DC, US (PANA) - The Executive Board of the International Monetary Fund (IMF) has approved a four-year arrangement under [...] Full text...
thread Economy
IMF Board allows Egypt to draw US$820 million under Extended Fund Facility
30 july 2024 - 07:46:40Cairo, Egypt (PANA) - The International Monetary Fund (IMF) on Monday completed the third review of the extended arrangement under [...] Full text...
thread Economy
CAR faces tough socioeconomic situation in governance reforms: IMF
25 july 2024 - 09:56:53Bangui, 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 - 07:40:09Lilongwe, Malawi (PANA) - Malawi’s current economic difficulties require a combination of immediate response measures and urgent reforms to address [...] Full text...
thread Economy
Mozambican farmers get $2 million fertilizer financing boost
19 july 2024 - 06:27:16Maputo, Mozambique (PANA) - With the planting season fast approaching, Mozambican farmers are busy preparing their fields. Fertilizer is crucial for [...] Full text...
thread Agriculture
AfDB grants DRC $260 million loan to strengthen agricultural sector
19 july 2024 - 05:47:57Abidjan, Cote d'Ivoire (PANA) - The Board of Directors of the African Development Bank (AfDB) has approved a loan of [...] Full text...
thread Agriculture
IMF Executive Board concludes 2024 Article IV consultation with Libya
12 july 2024 - 12:03:00Tripoli, Libya (PANA) - Libya remains a fragile state trapped in political uncertainty, but the episodes of active conflict have [...] Full text...
thread Economy
IMF completes Gambia’s first review under Extended Credit Facility
10 july 2024 - 07:53:35Banjul, 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 - 08:05:07Washington, DC, United States (PANA) - The Executive Board of the International Monetary Fund (IMF) has announced completion of the [...] Full text...
thread Economy
Helping female-led firms in Ethiopia become more resilient in turbulent times: World Bank Blog By Lauren Marino and Sophia Friedson-Ridenour
04 july 2024 - 06:22:17Hawassa, Ethiopia (PANA) - On a recent Thursday afternoon, Jalene’s small coffee shop and roastery in Hawassa, Ethiopia, was enveloped [...] Full text...
thread Gender
World Bank boosts support to Lesotho’s education
03 july 2024 - 06:42:08Maseru, Lesotho (PANA) - A new package of World Bank support to Lesotho will see a major boost for the [...] Full text...
thread Society
World Bank Group guarantee platform goes live
02 july 2024 - 07:18:40Washington DC, United States (PANA) - Starting 1 July, the World Bank Group (WBG) guarantee platform opened for business, it [...] Full text...
thread Economy
UN rights chief calls time on ‘economic violence’ against women and girls
29 june 2024 - 05:43:58Geneva, Switzerland (PANA) - The UN human rights chief, Volker Türk, on Friday declared that it’s time to eliminate laws [...] Full text...
thread Gender
IMF Executive Board completes second review under Extended Credit Facility Arrangement with Ghana
29 june 2024 - 05:32:55Washington, DC, US (PANA) - The Executive Board of the International Monetary Fund (IMF) on Friday completed the second review [...] Full text...
thread Economy
IMF concludes 2024 Article consultation with Benin
28 june 2024 - 11:36:18Washington, DC, USA (PANA) - The Executive Board of the International Monetary Fund (IMF) has concluded the 2024 Article IV [...] Full text...
thread Economy
IMF completes Zambia’s third review under ECF, approves access to US$569.6 million
27 june 2024 - 07:07:00Lusaka, Zambia (PANA) - The Executive Board of the International Monetary Fund (IMF) completed on Wednesday the third review of [...] Full text...
thread Economy
IMF/Guinea Bissau reach staff-level deal on 6th review of ECF arrangement
26 june 2024 - 09:24:52Bissau, Guinea Bissau (PANA) – Guinea Bissau authorities and staff of the International Monetary Fund (IMF have reached a staff-level [...] Full text...
thread Economy
Strong consumption, investment demand among factors boosting Côte d’Ivoire’s outlook
26 june 2024 - 08:40:56Abidjan, Côte d’Ivoire (PANA) - Côte d’Ivoire’s economy remains resilient against a still difficult global backdrop. Despite lower than expected [...] Full text...
thread Economy
IMF completes second review of CAR’s ECF arrangement, approves US$25 million credit
25 june 2024 - 12:09:39Bangui, CAR (PANA) – The International Monetary Fund (IMF) Executive Board on Monday completed the second review under the Extended [...] Full text...
thread Economy
World Bank offers US$700 million to help Egypt achieve sustainable, diversified and resilient growth
24 june 2024 - 08:13:39Washington, DC, United States (PANA) - The World Bank has announced US$700 million in Development Policy Financing (DPF) for the [...] Full text...
thread Economy
IMF approves US$337 million from ECF and US$321 million of RSF for Madagascar
22 june 2024 - 12:16:27Antananarivo, Madagascar (PANA) – The Executive Board of the International Monetary Fund (IMF) on Friday approved a 36-month arrangement under [...] Full text...
thread Economy
IMF traces signs of macroeconomic stabilisation in Comoros
22 june 2024 - 10:20:58Moroni, Comoros (PANA) - Reforms are beginning to bear fruit in the Comoros, with visible signs of macroeconomic stabilisation. But, according [...] Full text...
thread Economy
Easing Guinea’s food insecurity: IMF’s Food Shock Window By Pilar Garcia Martinez, Joseph Ntamatungiro, and Neree Noumon
21 june 2024 - 15:42:02Conakry, Guinea (PANA) - IMF emergency financing has supported Guinea’s efforts to cope with the effects of macroeconomic shocks, underpinned [...] Full text...
thread Agriculture
IMF Board approves US$ 149.4 million budget support for Tanzania
21 june 2024 - 10:17:27Dar es Salaam, Tanzania (PANA) – The International Monetary Fund (IMF) has completed the third review of the Extended Credit [...] Full text...
thread Economy
Senegal’s new authorities committed to growth-friendly fiscal consolidation
20 june 2024 - 11:33:20Dakar, Senegal (PANA) - An International Monetary Fund (IMF) staff team has welcomed the Senegalese new authorities’ commitment to the [...] Full text...
thread Economy
How can Tanzania build capacity to accelerate women’s economic empowerment? World Bank Blog By Alena Sakhonchik and Tanya D'Lima
19 june 2024 - 09:50:32Dodoma, Tanzania (PANA) - One key piece of the puzzle in accelerating progress towards gender equality in Tanzania is having [...] Full text...
thread Gender
IMF, Mozambique reach Staff-Level Agreement on Fourth Review of ECF
17 june 2024 - 09:09:39Washington, DC, US (PANA) - An International Monetary Fund (IMF) team and the Mozambican authorities have reached a staff-level agreement [...] Full text...
thread Economy
Burkina Faso’s recovery depends on having security under control: IMF
16 june 2024 - 11:37:40Ouagadougou, Burkina Faso (PANA) – Burkina Faso’s economic growth is projected at 5.5 percent in 2024 but remains below potential [...] Full text...
thread Economy
Africa fertilizer financing Mechanism to launch fertilizer financing scheme in Mozambique
13 june 2024 - 10:22:22Maputo, Mozambique (PANA) - The Africa Fertilizer Financing Mechanism will launch the Fertilizer Financing for Sustainable Agriculture Management Project on [...] Full text...
thread Agriculture
IMF team, Kenya reach staff-level deal on reviews of EFF, ECF arrangements
12 june 2024 - 10:21:16Nairobi, Kenya (PANA) - Kenya’s economic growth recovered in 2023 with real GDP growing by 5.6 percent, supported by a [...] Full text...
thread Economy
IMF urges South Sudan to uphold prudent macroeconomic policies
11 june 2024 - 11:55:15Juba, South Sudan (PANA) – The International Monetary Fund (IMF) is urging the authorities of South Sudan to return to [...] Full text...
thread Economy
Togo keeps its economic performance robust through growth-friendly fiscal consolidation: IMF
11 june 2024 - 10:15:27Lomé, Togo (PANA) – Togo’s economic growth reached an estimated 5.6 percent in 2023, and inflation has fallen to 2.6 [...] Full text...
thread Economy
AfDB taking Africa to the World
07 june 2024 - 07:47:50London, UK (PANA) - The 10th Invest Africa Debate opened in London’s prestigious Guildhall on Thursday with the president of [...] Full text...
thread Economy
São Tomé and Príncipe faces serious economic challenges: IMF
07 june 2024 - 07:20:04São Tomé, São Tomé and Príncipe (PANA) - Accelerating reforms of the energy sector is urgently needed to alleviate pressures [...] Full text...
thread Economy
IMF reaches staff-level deal on third review of Zambia’s ECF
05 june 2024 - 13:52:47Lusaka, Zambia (PANA) - The International Monetary Fund (IMF) and Zambia have reached a staff-level agreement on economic policies and [...] Full text...
thread Economy
Mauritania’s economy set to attain 4.3 percent growth in 2024
05 june 2024 - 10:32:26Nouakchott, Mauritania (PANA) – Mauritania’s economic growth in 2024 is expected to improve, while inflation has slowed down significantly. However, the [...] Full text...
thread Economy
IMF, Cameroon reach staff-level agreement on first review of ECF, RSF
04 june 2024 - 11:51:18Yaoundé, Cameroon (PANA) - The International Monetary Fund (IMF) and the Cameroonian authorities have reached a staff-level agreement on the [...] Full text...
thread Economy
Ramaphosa calls for responsible leadership, constructive engagement in South Africa
03 june 2024 - 17:51:03Pretoria, South Africa (PANA) - President Cyril Ramaphosa is urging all political parties to put aside their differences and work [...] Full text...
thread Politics
AfDB approves $117 billion general callable capital Increase
03 june 2024 - 12:29:10Nairobi, Kenya (PANA) - The Board of Governors of the African Development Bank (AfDB) Group has approved a $117 billion [...] Full text...
thread Economy
IMF, Niger reach staff-level deal on reviews of ECF and RSF
01 june 2024 - 18:05:10Niamey, 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 - 10:07:18Nairobi, Kenya (PANA) - The World Bank has approved new funding to help Kenya address short-term fiscal pressures and simultaneously [...] Full text...
thread Economy
World Bank supports Ghana to strengthen its financial sector
31 may 2024 - 09:44:44Accra, Ghana (PANA) - The World Bank has approved a $250 million International Development Association (IDA) credit for a five-year [...] Full text...
thread Economy
IMF Board concludes first review of ECF for Somalia
30 may 2024 - 10:06:36Mogadishu, Somalia (PANA) – The International Monetary Fund (IMF) has allowed an immediate disbursement of US$10 million to Somalia to [...] Full text...
thread Economy
Congo, IMF staff reach deal on fifth review under ECF arrangement
30 may 2024 - 08:40:40Brazzaville, Congo (PANA) – International Monetary Fund (IMF) staff has reached staff-level agreement on the Fifth Review of the Extended [...] Full text...
thread Economy
IMF reaches staff-level deal with Tanzania on RSF, third review of ECF
18 may 2024 - 08:47:38Dar es Salaam, Tanzania (PANA) – Tanzania’s authorities and the International Monetary Fund (IMF) have reached staff-level agreement on a [...] Full text...
thread Economy
IMF staff complete visit to Mozambique
17 may 2024 - 08:09:30Maputo, Mozambique (PANA) - An International Monetary Fund (IMF) team, led by Mr. Pablo Lopez Murphy, had discussions with the [...] Full text...
thread Economy
IMF Executive Board approves US$8.1 million disbursement for Guinea Bissau
14 may 2024 - 07:54:18Washington, DC, US (PANA) - The Executive Board of the International Monetary Fund (IMF) on Monday completed the fourth and fifth [...] Full text...
thread Economy
IMF team, Cape Verde reach staff-level deal on ECF, RSF review
11 may 2024 - 08:20:24Praia, Cape Verde (PANA) - An International Monetary Fund {IMF) team and the Cape Verdean authorities have reached staff-level agreement [...] Full text...
thread Economy
IMF, Zambian officials discuss economic impact of current drought
09 may 2024 - 16:11:48Lusaka, Zambia (PANA) - Zambian officials and the International Monetary Fund (IMF) staff have advanced technical work as part of [...] Full text...
thread Economy
IMF Executive Board approves US$71 million in Emergency Financing Support for Guinea
07 may 2024 - 05:41:13Washington, 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 - 11:03:47Banjul, 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 - 09:25:20Dakar, Senegal (PANA) - A team from the International Monetary Fund (IMF) has concluded a mission to Senegal affirming that [...] Full text...
thread Economy
IMF team reaches staff-level deal with Mali on rapid credit
01 may 2024 - 09:26:17Bamako, Mali (PANA) – International Monetary Fund (IMF) staff and the Malian authorities have reached a staff-level agreement on emergency [...] Full text...
thread Economy
Tanzania lauds partnership with AfDB as Tangayinka, Zanzibar celebrate union
29 april 2024 - 12:12:13Dar es Salaam, Tanzania (PANA) - Tanzanian President, Dr. Samia Suluhu Hassan, has lauded the strong partnership with the African [...] Full text...
thread Economy
Kenyan farmers get fertilizer boost with $2 million from AfDB
27 april 2024 - 10:00:14Nairobi, Kenya (PANA) - In a significant step to advance food security in Kenya, the Africa Fertilizer Financing Mechanism has [...] Full text...
thread Agriculture
Sierra Leone needs to manage its debt on sustainable path: IMF
23 april 2024 - 10:04:28Freetown, Sierra Leone (PANA) – Despite tightened macroeconomic policies in 2023 and into the first quarter of 2024, Sierra Leone [...] Full text...
thread Economy
CAR struggles to stabilise economy against complex humanitarian crisis
21 april 2024 - 11:33:36Bangui, Central African Republic (PANA) – The authorities in Central African Republic (CAR) and the International Monetary (IMF) staff have [...] Full text...
thread Economy
Global economy remains resilient despite uneven growth, challenges ahead: New IMF Blog By Pierre-Olivier Gourinchas
16 april 2024 - 19:43:48Washington DC, USA (PANA) - Despite gloomy predictions, the global economy remains remarkably resilient, with steady growth and inflation slowing [...] Full text...
thread Economy
Central banks must remain vigilant along the last mile of disinflation: IMF Blog By Tobias Adrian
16 april 2024 - 18:23:10Washington DC. United States (PANA) - A sense of optimism has pervaded financial markets in recent months, amid investor confidence [...] Full text...
thread Economy
IMF acknowledges Ghana’s strong performance under ECF arrangement
13 april 2024 - 13:32:36Accra, Ghana (PANA) - Ghanaian authorities and officials of the International Monetary Fund (IMF) have reached staff-level agreement on economic [...] Full text...
thread Economy
Egypt seeks to raise earnings of millions working in cotton production, textile manufacturing
12 april 2024 - 11:36:04Cairo, Egypt (PANA) – Egypt’s cotton production in marketing year (MY) 2024/25 is forecast at 310,000 bales, down 40,000 bales [...] Full text...
thread Agriculture
Rising cyber threats pose serious concerns for financial stability: IMF Blog By Fabio Natalucci, Mahvash S. Qureshi, Felix Suntheim
10 april 2024 - 09:50:47Washington D.C., USA (PANA) - Cyber attacks have more than doubled since the pandemic. While companies have historically suffered relatively [...] Full text...
thread Economy
IMF reaches staff level agreement with Côte d’Ivoire on review of EFF/ECF arrangements
09 april 2024 - 08:02:47Abidjan, Côte d’Ivoire (PANA) - An International Monetary Fund (IMF) staff team and the authorities in Côte d’Ivoire have reached [...] Full text...
thread Economy
Fast-growing $2 trillion private credit market warrants closer watch: IMF Blog By Charles Cohen, Caio Ferreira, Fabio Natalucci, Nobuyasu Sugimoto
08 april 2024 - 15:40:00Washington DC, United States (PANA) - The private credit market, in which specialized non-bank financial institutions such as investment funds [...] Full text...
thread Economy
New World Bank programme expands access to electricity in Ethiopia
04 april 2024 - 08:04:39Addis Ababa, Ethiopia (PANA) - A new World Bank programme is set to strengthen and expand the electricity network, improve [...] 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 - 15:28:55Washington, United States (PANA) - If efforts to address record global public debt are to leave no stone unturned, then [...] Full text...
thread Economy
IDA provides $340 million to enhance livelihoods of 3 million Ethiopians drought prone lowlands
30 march 2024 - 08:47:18Addis Ababa, Ethiopia (PANA) - Ethiopians living in climate-affected lowlands of the country will receive new support, thanks to a [...] Full text...
thread Environment
World Bank publishes new data to boost investment in emerging markets
29 march 2024 - 06:50:39Washington, USA (PANA) - The World Bank Group (WBG) on Thursday published sought-after proprietary statistics that reveal the credit risk [...] Full text...
thread Economy
Breaking the debt super-cycle: IMF Blog by Atif Mian
20 march 2024 - 07:50:15Washington DC, USA (PANA) - Dependence on credit to boost demand imperils the world economy—we must correct the underlying imbalances Nature [...] Full text...
thread Economy
Ghana opposition slams govt, communication industry regulator for Internet havoc
19 march 2024 - 06:05:43Accra, Ghana (PANA) - As Ghana continues to reel under a debilitating disruption of Internet services following a massive disruption to [...] Full text...
thread Economy
More work is needed to make big banks resolvable: IMF Blog By Tobias Adrian and Marc Dobler
18 march 2024 - 19:24:45Washington DC, USA (PANA) - Almost a year ago, Credit Suisse, a globally systemic bank with $540 billion in assets [...] Full text...
thread Economy
IMF reaches staff-level deal with Guinea Bissau on ECF reviews
12 march 2024 - 16:58:47Bissau, Guinea Bissau (PANA) – Authorities in Guinea Bissau face important near-term risks, including policy implementation challenges stemming from a [...] Full text...
thread Economy
IMF staff complete deal on first review of Somalia’s ECF arrangement
09 march 2024 - 08:00:52Mogadishu, Somalia (PANA) - Somalia’s economic growth is expected to strengthen in 2024 supported by continued recovery in agriculture, remittances, [...] Full text...
thread Economy
Burkina Faso prepares for ECF review by IMF Executive Board in May
08 march 2024 - 08:45:57Ouagadougou, Burkina Faso (PANA) - International Monetary Fund (IMF) staff and Burkinabè authorities have reached staff-level agreement on economic policies [...] Full text...
thread Economy
5 ways to accelerate women’s economic empowerment (A UN feature)
08 march 2024 - 07:40:44New York, US (PANA) - At the current rate of investment, more than 340 million women and girls will still [...] Full text...
thread Gender
IMF approves US$120 million credit for Uganda’s recovery from recent shocks
07 march 2024 - 07:20:36Kampala, Uganda (PANA) - The Executive Board of the International Monetary Fund (IMF) on Wednesday completed the fifth review of [...] Full text...
thread Economy
BCL governor calls on Libyan parliament to revise dinar exchange rate and impose tax on foreign exchange transactions
06 march 2024 - 17:19:25Tripoli, Libya (PANA) - The Governor of the Central Bank of Libya (BCL), Al-Seddik Al-Kebir, has proposed to the Speaker [...] Full text...
thread Economy
IMF avails US$390 million under ECF for poverty reduction in Togo
02 march 2024 - 10:50:09Lomé, Togo (PANA) - The Executive Board of the International Monetary Fund (IMF) has approved a 42-month arrangement of US$390 [...] Full text...
thread Economy
Climate Action in Ethiopia: Acting now to build resilience and leverage opportunities
29 february 2024 - 13:05:30Addis Ababa, Ethiopia (PANA) - A new World Bank report finds that annual average losses to gross domestic product (GDP) [...] Full text...
thread Environment
New Malawi Economic Monitor calls for commitment to economic reforms to sustain emerging recovery
27 february 2024 - 07:59:36Lilongwe, Malawi (PANA) – Malawi’s medium-term growth outlook is improving because of bold reforms undertaken by the government in 2023 [...] Full text...
thread Economy
IMF retains policy on staff-monitored programme with Fund directors’ involvement
20 february 2024 - 15:48:56Washington DC, United States (PANA) - The Executive Board of the International Monetary Fund (IMF) has endorsed the proposal to [...] Full text...
thread Economy
IMF staff, Côte d’Ivoire reach deal on resilience, sustainability support
17 february 2024 - 12:54:26Abidjan, Côte d’Ivoire (PANA) - The Ivorian authorities and IMF staff reached a staff level agreement on a reform programme [...] Full text...
thread Environment
Strengthening transparency, governance, revitalising economic growth are among challenges facing Gabon: IMF mission
16 february 2024 - 11:14:16Libreville, Gabon (PANA) – Gabon’s economy has recovered from multiple shocks emanating from the global and domestic economy, with growth [...] Full text...
thread Economy
Malawi's plan to create a stable, sustainable economy
10 february 2024 - 08:06:02Lilongwe, Malawi (PANA) - Adherence to the authorities' macroeconomic adjustment and reform programme will help Malawi overcome current and future [...] Full text...
thread Economy
Silent debt crisis engulfing developing economies with weak credit ratings: World Bank Blog (By Philip Kenworthy, M. Ayhan Kose and Nikita Perevalov)
09 february 2024 - 17:27:54Washington, United States (PANA) - Some developing economies are finally seeing light at the end of the tunnel. Global inflation is [...] Full text...
thread Economy
American tourists sue Google over Cape Town attack
08 february 2024 - 09:45:12Cape Town, South Africa (PANA) – An American couple is suing Google after they were attacked last year in a [...] Full text...
thread Society
World Bank’s 10-year Euro bond attracts strong demand from diverse investors
07 february 2024 - 08:12:27Washington, D.C., United States (PANA) - The World Bank on Tuesday priced a 10-year euro-denominated benchmark bond maturing in February [...] Full text...
thread Economy
Malawi's plan to create a stable, sustainable economy
03 february 2024 - 10:47:45Lilongwe, Malawi (PANA) - Adherence to the authorities' macroeconomic adjustment and reform program would help Malawi overcome current and future [...] Full text...
thread Economy
Emerging markets navigate global interest rate volatility: IMF Blog By Tobias Adrian, Fabio Natalucci, and Jason Wu
02 february 2024 - 07:04:24Washington, United States (PANA) - Global interest rates in recent months have gone on a rollercoaster, especially those on longer-term [...] Full text...
thread Economy
IMF approves US$183.4 million for Cameroon to mitigate climate change impact
30 january 2024 - 08:02:34Yaoundé, Cameroon (PANA) - Cameroon, highly vulnerable to climate change, with risks from recurrent droughts, floods, landslides, and coastal erosion, [...] Full text...
thread Environment
European Council greenlights new rules to reduce harmful emissions
29 january 2024 - 11:41:28Brussels, Belgium (PANA) - The European Council on Monday has adopted two regulations to phase down fluorinated gases (F-gases) and [...] Full text...
thread Environment
IMF staff say Malawi still in challenging situation
27 january 2024 - 08:11:11Lilongwe, Malawi (PANA) - Malawi’s economic position remains challenging, but stabilization efforts continue to get traction, according to an International [...] Full text...
thread Economy
What artificial Intelligence means for economics: Opinion By Daniel Björkegren and Joshua E. Blumenstock
27 january 2024 - 07:59:36Lomé, Togo (PANA) - AI must be carefully adapted to benefit the poor, shows research in Kenya, Togo, and Sierra [...] Full text...
thread Society
World Bank’s new outcome bond helps communities remove, recycle plastic waste
25 january 2024 - 13:08:39Washington, United States (PANA) - The World Bank has priced a seven-year $100 million, principal-protected Plastic Waste Reduction-Linked Bond, providing [...] Full text...
thread Environment
Burundi set for stronger economic recovery in 2024: IMF mission
23 january 2024 - 10:20:12Bujumbura, Burundi (PANA) – A stronger economic recovery is projected in Burundi for 2024, with real GDP expanding by 4.3 [...] Full text...
thread Economy
IMF approves second tranche of US$600 million for Ghana under ECF arrangement
19 january 2024 - 19:53:26Washington, DC, US (PANA) - The International Monetary Fund (IMF) has approved the second tranche of US$600 million for Ghana, [...] Full text...
thread Economy
IMF Board approves $100 million 36 months extended credit facility for Gambia
15 january 2024 - 11:01:14Banjul, Gambia (PANA) - The Executive Board of the International Monetary Fund (IMF) has approved a 36-month arrangement under the [...] Full text...
thread Economy
World Bank foresees global economy recording worst growth over quarter century
10 january 2024 - 16:33:50Nairobi, Kenya (PANA) - Economic growth in Africa is expected to pick up to 3.8% in 2024 and rise further [...] Full text...
thread Economy
World Bank foresees global economy recording worst growth over quarter century
09 january 2024 - 17:37:13Nairobi, Kenya (PANA) - Economic growth in Africa is expected to pick up to 3.8% in 2024 and rise further [...] Full text...
thread Economy
Global economy set for weakest half-decade performance in 30 years
09 january 2024 - 14:23:37Washington, United States (PANA) - As the world nears the midpoint of what was intended to be a transformative decade [...] Full text...
thread Economy
Natural gas accelerates Mozambique economic recovery: IMF
09 january 2024 - 07:38:01Maputo, Mozambique (PANA) - The Executive Board of the International Monetary Fund (IMF) has allowed Mozambique immediate access to US$60.7 [...] Full text...
thread Economy
UN flagship economic report highlights why global cooperation is key
05 january 2024 - 05:55:25New York, US (PANA) - The UN’s World Economic Situation and Prospects (WESP) report for 2024 projects a slowdown in [...] Full text...
thread Economy
Burundi lifts restrictions on holding foreign currency accounts
04 january 2024 - 13:42:22Bujumbura, Burundi (PANA) - Local and foreign non-governmental organisations (NGOs), as well as private entities receiving external support, are once [...] Full text...
thread Economy
Strengthening and repositioning ECOWAS for emerging challenges (By Paul Ejime)
20 december 2023 - 16:34:30Abuja, Nigeria (PANA) - In less than two years, (2025), the Economic Community of West African States (ECOWAS) will mark [...] Full text...
thread Politics
Kenya’s economic performance strengthened in 2023 despite continued challenges
20 december 2023 - 08:49:44Nairobi, Kenya (PANA) - Kenya’s economic performance strengthened in 2023 despite continued challenges, with real GDP growth accelerating from 4.8% [...] Full text...
thread Economy
IMF concludes first reviews of Mauritania’s progress under EFF/ECF arrangements
20 december 2023 - 08:20:39Nouakchott, Mauritania (PANA) - The International Monetary Fund (IMF) Executive Board has announced completion of the first reviews under the [...] Full text...
thread Economy
IMF approves US$100 million under new ECF arrangement for Somalia
20 december 2023 - 08:06:51Mogadishu, Somalia (PANA) – The International Monetary Fund (IMF} Board on Tuesday approved a new 36-month Extended Credit Facility (ECF) [...] Full text...
thread Economy
IMF directors complete review of Comoros Fund-assisted reform programme
16 december 2023 - 11:04:19Moroni, Comoro (PANA) – The International Monetary Fund (IMF) Executive Board has welcomed the focus on structural reforms to strengthen [...] Full text...
thread Economy
IMF approves new two-year arrangement under RSF for Benin
15 december 2023 - 12:14:30Washington, DC USA (PANA) - The Executive Board of the International Monetary Fund (IMF) has approved a two-year arrangement of [...] Full text...
thread Economy
DRC growth resilient amid challenging socioeconomic, security environment: IMF
15 december 2023 - 11:40:49Kinshasa, DR Congo (PANA) - While economic growth of the Democratic Republic of Congo (DRC) remains resilient, fiscal, depreciation and [...] Full text...
thread Economy
IMF completes 2023 Article IV Consultation with Rwanda, approves US$268.05 million for Stand-by Credit Facility
15 december 2023 - 10:42:09Kigali, Rwanda (PANA) - Despite the challenging environment, including the floods in May 2023, Rwandan authorities are to be commended [...] Full text...
thread Economy
IMF Board completes second review of Tanzania’s ECF, approves US$150.5 million disbursement
14 december 2023 - 07:39:33Dar es Salaam, Tanzania (PANA) – Tanzania has secured US$ 150.5 million budget support from the International Monetary Fund (IMF) [...] Full text...
thread Economy
IMF, World Bank announce US$4.5 billion in debt relief for Somalia
14 december 2023 - 06:24:27Washington DC, USA (PANA) - The Executive Boards of the International Monetary Fund (IMF) and the World Bank’s International Development [...] Full text...
thread Economy
European Council and Parliament create new authority for anti-money laundering
13 december 2023 - 10:06:36Brussels, Belgium (PANA) – The European Council and the Parliament on Wednesday reached a provisional agreement on creating a new [...] Full text...
thread Society
Djibouti strengthens agri-food sector with World Bank support
12 december 2023 - 11:51:50Djibouti City, Djibouti (PANA) - The World Bank has approved a new International Development Association (IDA) credit of US$15 million [...] Full text...
thread Agriculture
IMF encourages Cape Verde to adapt to challenges of climate change
12 december 2023 - 11:42:02Praia, Cape Verde (PANA) - Cape Verde’s economic outlook is uncertain and subject to downside risks which could emanate from [...] Full text...
thread Economy
Five ways to leverage women and girls’ potential in Mozambique: World Bank Blog By Hiska Reyes and Stephanie Kuttner
08 december 2023 - 10:20:13Maputo, Mozambique (PANA) - Mozambique has made significant progress towards gender equality, but critical challenges remain. It has strong laws in [...] Full text...
thread Gender
Leadership deficit, political crises rocking ECOWAS region (By Paul Ejime)
07 december 2023 - 08:10:52Abuja, Nigeria (PANA) - The failure of the Economic Community of West African States (ECOWAS) to follow through with its [...] Full text...
thread Politics
IMF approves Côte d’Ivoire’s economic performance
05 december 2023 - 09:21:14Abidjan, Côte d’Ivoire (PANA) - Côte d’Ivoire’s economic performance under the International Monetary Fund (IMF) supported programme has been strong, [...] Full text...
thread Economy
IMF approves US$12.3 million support disbursement to Seychelles
05 december 2023 - 08:24:05Victoria, Seychelles (PANA) - The IMF Executive Board on Monday completed the first reviews of the Seychelles Extended Arrangement under [...] Full text...
thread Economy
COP28: Rwanda Climate Finance Partnership powers innovative climate action
03 december 2023 - 12:46:40Dubai, UAE (PANA) - Rwanda Climate Finance Partnership is powering innovative climate action thanks to additional contributions from the Government [...] Full text...
thread Economy
COP28: World Bank carbon credits to boost international carbon markets
01 december 2023 - 19:40:33Dubai, UAE (PANA) - The World Bank on Friday announced ambitious plans for the growth of high-integrity global carbon markets, [...] Full text...
thread Environment
Middle East conflict risks reshaping the region’s economies: IMF Blog By John Bluedorn and Taline Koranchelian
01 december 2023 - 19:39:15Cairo, Egypt (PANA) - The conflict in Gaza and Israel is causing immense human suffering. In addition to the direct [...] Full text...
thread Economy
IMF Executive Board approves US$8.2 million disbursement to Guinea-Bissau
30 november 2023 - 09:31:31Bissau, Guinea Bissau (PANA) – The International Monetary Fund (IMF) Executive Board has decided on an immediate disbursement of US$8.23 [...] Full text...
thread Economy
2023 FIFA U-17 WC: France beat 10-man Mali 2-1 to reach final
28 november 2023 - 14:23:06Jakarta, Indonesia (PANA) - A dramatic second period saw France score twice to come from behind and defeat Mali 2-1 [...] Full text...
thread Sports
World Needs More Policy Ambition, Private Funds, and Innovation to Meet Climate Goals: IMF Blog By Simon Black, Florence Jaumotte, and Prasad Ananthakrishnan
28 november 2023 - 08:36:04Washington DC, United States (PANA) - With each passing year, the stark reality of a hotter planet becomes clearer and [...] Full text...
thread Environment
ECOWAS bank gives Nigerian bank $50 million loan for SMEs
22 november 2023 - 07:30:39Lome, Togo (PANA) - The ECOWAS Bank for Investment and Development (EBID) has signed an agreement with WEMA Bank Plc, [...] Full text...
thread Economy
IMF completes final review of Sierra Leone’s ECF arrangement
21 november 2023 - 13:04:55Freetown, Sierra Leone (PANA) - Sierra Leone has secured US$20.7 million under the Extended Credit Facility (ECF) of the International [...] Full text...
thread Economy
Zambia set to access $184 million in IMF financing
21 november 2023 - 10:18:19Lusaka, Zambia (PANA) - Zambian authorities and the International Monetary Fund (IMF) team have reached a staff-level agreement on economic [...] Full text...
thread Economy
Cameroon 'remains resilient' in face of external shocks: IMF
18 november 2023 - 08:25:07Yaoundé, Cameroon (PANA) - Cameroon has remained resilient in the face of successive external shocks and its real GDP growth [...] Full text...
thread Economy
Liberia Election: Ex footballer, President Weah, shows good sportsmanship; cooncedes to opposition leader Boakai (By Paul Ejime)
18 november 2023 - 06:58:13Monrovia, Liberia (PANA) - Liberia’s President Goerge Weah has conceded victory to his longtime political rival, former vice President Joseph [...] Full text...
thread Politics
2023 FIFA U-17 WC: Iran advance after routine New Caledonia win
17 november 2023 - 16:05:58Jakarta, Indonesia (PANA) - Iran ensured their progress to the FIFA U-17 World Cup Indonesia 2023 knockout phase after a [...] Full text...
thread Sports
IMF, Kenya reach staff-level deal on economic policies
17 november 2023 - 08:57:24Nairobi, Kenya (PANA) - Kenyan authorities and the International Monetary Fund (IMF) staff have reached staff-level agreement on economic policies [...] Full text...
thread Economy
IMF approves 48-month arrangement for Malawi under Extended Credit Facility
16 november 2023 - 09:55:02Lilongwe, Malawi (PANA) - The Executive Board of the International Monetary Fund (IMF) has approved a 48-month arrangement of US$175 [...] Full text...
thread Economy
Gender equality gains momentum in Sub-Saharan Africa: World Bank Blog By Paula Tavares and Dion Benetatos
15 november 2023 - 11:54:59Abidjan, Côte d’Ivoire (PANA) - Sub-Saharan Africa has been making remarkable strides towards achieving legal gender equality. Between October 2021 [...] Full text...
thread Gender
Policy slippages, external shocks, high inflation compound vulnerabilities in Sierra Leone
07 november 2023 - 08:25:42Freetown, Sierra Leone (PANA) - External shocks and policy slippages in recent years contributed to Sierra Leone’s macroeconomic imbalances, including [...] Full text...
thread Economy
IMF staff appreciate Congo’s efforts on policies for macroeconomic stability
04 november 2023 - 07:49:45Brazzaville, Republic of Congo (PANA) - An International Monetary Fund (IMF) team has welcomed the Congo Republic authorities’ renewed commitment [...] Full text...
thread Economy
Tanzania struggles to safeguard economic recovery, prop up inclusive growth
04 november 2023 - 07:40:40Dar es Salaam, Tanzania (PANA) - Tanzanian authorities and International Monetary Fund (IMF) staff have reached a staff-level agreement on [...] Full text...
thread Economy
Scaling innovation: Expanding We-Fi's digital cash flow product across Africa – World Bank Blog By Siegfried Zottel and Sean Ding
03 november 2023 - 18:26:11Accra, Ghana (PANA) - Imagine being seated across from a loan officer in a bank, stepping into the shoes of [...] Full text...
thread Gender
India to help Mauritius produce more renewable energy
03 november 2023 - 09:01:10Port-Louis, Mauritius (PANA) – India says that it will help Mauritius produce renewable energy in the energy mix by 2030 [...] Full text...
thread Economy
Cape Verde’s economy rebounds but faces an uncertain outlook: IMF
03 november 2023 - 06:48:46Praia, Cape Verde (PANA) – Despite a challenging global environment, Cape Verde’s economy rebounded strongly in 2021 and 2022, and [...] Full text...
thread Economy
Comorian authorities, IMF staff reach deal on economic policies and reforms
02 november 2023 - 13:58:16Moroni, Comoro (PANA) – The Comoros’ expected growth in 2023 reflects an ongoing rebound in economic activity, says the International [...] Full text...
thread Economy
IMF, Somalia agree 36-month Extended Credit Facility arrangement
02 november 2023 - 12:51:25Mogadishu, Somalia (PANA) - An International Monetary Fund (IMF) team and the Somali authorities have reached a staff-level agreement on [...] Full text...
thread Economy
IMF encourages CAR to strengthen governance as inflation flares high
02 november 2023 - 12:23:34Bangui, Central African Republic (PANA) - Central African Republic (CAR)’s economy is projected to grow by 1.0 percent in 2023, [...] Full text...
thread Economy
IMF, Mozambique authorities aim at agreement on credit arrangement
02 november 2023 - 11:40:21Maputo, Mozambique (PANA) - Mozambique’s economic growth overall remains resilient and is projected at 6 percent in 2023, with headline [...] Full text...
thread Economy
Gambia, IMF conclude staff-level deal on Extended Credit Facility
02 november 2023 - 07:17:40Banjul, Gambia (PANA) – The Gambian authorities and the International Monetary Fund (IMF) staff have reached a staff-level agreement on [...] Full text...
thread Economy
IMF, DRC reached staff-level deal on Extended Credit Facility
31 october 2023 - 18:41:49Kinshasa, DR Congo (PANA) – Regardless of a difficult and uncertain environment, the economy of the Democratic Republic of Congo [...] Full text...
thread Economy
IMF, Rwanda reach staff-level deal on policy coordination instrument
31 october 2023 - 18:27:32Kigali, Rwanda (PANA) - Rwanda’s economy registered strong post-pandemic growth, though it was accompanied by domestic and external imbalances including [...] Full text...
thread Economy
IMF approves US$25 million disbursement to CAR
31 october 2023 - 07:38:23Washington, DC, US (PANA) – Economic activity in Central African Republic has improved this year though not as much as [...] Full text...
thread Economy
IMF mission completes arrangement for Mauritania’s Resilience and Sustainability Facility
28 october 2023 - 11:45:53Nouakchott, Mauritania (PANA) - International Monetary Fund (IMF) staff and Mauritanian authorities have reached a preliminary agreement on completion of [...] Full text...
thread Economy
Current El Niño likely to affect food security in several African countries
17 october 2023 - 07:30:02Dar es Salaam, Tanzania (PANA) – Heads of international organisations have urged countries to balance short-term urgent interventions with longer-term [...] Full text...
thread Agriculture
Heads of MDBs Group vow to beef up collaboration for greater impact
15 october 2023 - 18:57:23Marrakech, Morocco (PANA) – Admitting that the world faces a global “polycrisis” affecting human and economic development at an unprecedented [...] Full text...
thread Economy
World Bank announces historic collaboration between Multilateral Development Banks
14 october 2023 - 09:20:26Marrakech, Morocco (PANA) - The World Bank is bolstering its collaboration with nine Multilateral Development Banks (MDBs) to fasttrack solutions [...] Full text...
thread Economy