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

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

thread Economy

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

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

thread Economy

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

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

thread Economy

UN mission in Libya holds workshop to enhance role of CSOs in safeguarding electoral process

03 november 2024 - 05:34:02
Tripoli, Libya (PANA) - In anticipation of the upcoming municipal councils' elections set for 16 November, the United Nations Support [...] Full text...

thread Politics

IMF Executive Board approves US$248.5 million for Sierra Leone

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

thread Economy

IMF concludes reviews with Kenya

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

thread Economy

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

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

thread Economy

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

Togo advances reforms, pursues sound economic policies: IMF

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

thread Economy

Joint IMF-Regional Financing Arrangements hold dialogue on effective collaboration

24 october 2024 - 06:37:41
Washington, DC, United States (PANA) - The 9th High-level Regional Financing Arrangements (RFAs) Dialogue was held on Wednesday  in Washington [...] 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

UN chief advocates for permanent Security Council seats for Africa

22 october 2024 - 05:09:27
Addis Ababa, Ethiopia (PANA) - UN Secretary-General António Guterres has reiterated his call for global institutional reform, highlighting the need [...] 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 completes first review of Ethiopia’s ECF arrangement, allows $340.7 million disbursement

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

thread Economy

A Pact for the world’s poorest

18 october 2024 - 18:43:08
By Deodat MaharajManaging Director, United Nations Technology Bank for Least Developed Countries  New York, US (PANA) - Last month, world leaders [...] 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

Support for economic reforms hinges on communication, engagement, and trust: IMF Blog By Silvia Albrizio, Bertrand Gruss, and Yu Shi

17 october 2024 - 14:25:35
Washington DC, United States (PANA) - The global economy is stuck in a low-growth gear, largely because of aging populations, [...] Full text...

thread Economy

Zambia’s drought impact stuns IMF staff team

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

thread Economy

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

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

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

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

IMF and WBG announce Tanzania is second beneficiary of Enhanced Cooperation Framework for Climate Action

11 october 2024 - 18:03:53
Dar es Salaam, Tanzania (PANA) - The World Bank Group (WBG) and the International Monetary Fund (IMF) have announced Tanzania [...] Full text...

thread Environment

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

We must place our hope in multilateralism: IMF article By Gordon Brown, former Prime Minister of the United Kingdom

11 october 2024 - 11:13:20
London, United Kingdom (PANA) – Only by working together can countries fend off fragmentation and deepening crises “Those who look only [...] Full text...

thread Economy

IMF team discusses macroeconomic policies on Burkina Faso visit

10 october 2024 - 09:15:52
Ouagadougou, Burkina Faso (PANA) - An International Monetary Fund (IMF) staff team led by Martin Schindler visited Ouagadougou during 30 [...] Full text...

thread Economy

Five trailblazing women win top UNHCR award for life-changing work

10 october 2024 - 06:15:44
Geneva, Switzerland (PANA) - Five trailblazing women – a nun, an activist, a social entrepreneur, a volunteer aid worker, and [...] Full text...

thread Society

IMF, WB, WHO step up cooperation on pandemic preparedness

06 october 2024 - 05:59:49
Washington, DC, US (PANA) - The Heads of the International Monetary Fund (IMF), the World Bank Group (WBG), and the [...] Full text...

thread Health

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

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

thread Economy

Justice must be served for people of African descent who died in police custody: UN rights chief

04 october 2024 - 05:12:09
Geneva, Switzerland (PANA) - The UN’s human rights chief has stressed how important it is for the families of people [...] Full text...

thread Society

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

Unlocking the future: Sierra Leone's bold leap in early grade literacy: World Bank Blog By Mokhlesur Rahman

02 october 2024 - 06:50:34
Freetown, Sierra Leone (PANA) - In the quest to bolster its education system, a transformative wave is sweeping through Sierra [...] Full text...

thread Society

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

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

thread Economy

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

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

thread Economy

Collective effort essential to get DR Congo on firm path to peace

01 october 2024 - 06:09:41
New York, US (PANA) - Mobilization at the national, regional and international level are needed to support the Democratic Republic [...] Full text...

thread Politics

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

Sierra Leone to transform energy sector under $480 million US Compact

29 september 2024 - 04:43:01
Washington, DC, US (PANA) - The United States and  Sierra Leone have signed a landmark $480 million Millennium Challenge Corporation [...] Full text...

thread Economy

Calls by African leaders for equitable representation on UN Security Council gain momentum

27 september 2024 - 06:12:12
New York, US (PANA) - The call for a more inclusive and representative Security Council resonated loud and clear at [...] Full text...

thread Politics

Single sky reform: EC adopts first reading position on efficiency of air space management in EU

26 september 2024 - 11:45:26
Brussels, Belgium (PANA) - With a view to improving the overall efficiency of the way in which European airspace is [...] Full text...

thread Society

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

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

thread Economy

Security Council ‘must spare no effort’ to unite and push for peace - Guterres

26 september 2024 - 06:00:30
New York, US (PANA) - In a world where peace is “never automatic”, leadership is essential on the part of [...] Full text...

thread Politics

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

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

thread Politics

‘If we act together,’ we can overcome global challenges – UN Assembly President

25 september 2024 - 05:40:05
New York, US (PANA) - The President of the UN General Assembly, Philémon Yang, said on Tuesday that the annual [...] Full text...

thread Politics

New, bold ideas thrive towards the UN Summit of the Future

22 september 2024 - 07:29:32
New York, US (PANA) - Hundreds of youth, celebrities and world leaders converged at UN Headquarters in New York on [...] Full text...

thread Politics

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

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

thread Economy

Youth lead the way ahead of UN Summit of the Future

21 september 2024 - 05:29:42
New York, US (PANA) - Young people took centre stage at UN Headquarters on Friday in the lead-up to the [...] Full text...

thread Politics

‘Create a future fit for our grandchildren’, Guterres urges, ahead of game changer Summit

19 september 2024 - 06:09:41
New York, US (PANA) - Countries must use a once-in-a-generation UN summit to address current and emerging global challenges and [...] Full text...

thread Politics

Gender equality: Distant, yet achievable

17 september 2024 - 06:38:00
New York, US (PANA) -  While progress has been made worldwide on gender equality and women’s and girls’ empowerment, critical [...] Full text...

thread Gender

Summit of the Future: ‘Critical’ opportunity for safer, more sustainable and equitable world

13 september 2024 - 05:42:36
New York, US (PANA) - A once-in-a-generation UN summit bringing together countries from around the world marks a critical opportunity [...] 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 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

UN leads search for synergy on climate and development

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

thread Environment

UN chief Guterres underlines support for China-Africa partnership

05 september 2024 - 13:03:22
Beijing, China (PANA) - Joint efforts by China and Africa can spark new momentum for development on the continent, UN [...] Full text...

thread Economy

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

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

thread Economy

Despite declining growth South Africa can repay IMF, Board concludes

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

thread Economy

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

Kenya launches campaign bid for AUC leadership at mini Summit

27 august 2024 - 14:16:15
Nairobi, Kenya (PANA) – East African leaders gathered in Nairobi on Tuesday to witness the unveiling of former Keyan Prime [...] Full text...

thread Politics

IMF, Liberia reach staff-level agreement on new 40-month Extended Credit Facility Arrangement

27 august 2024 - 07:48:04
Washington, DC, US (PANA) - International Monetary Fund staff and the Liberian authorities have reached a staff-level agreement on a [...] Full text...

thread Economy

‘Break the cycle of violence’ through prevention and peacebuilding, Security Council told

21 august 2024 - 19:49:42
New York, US (PANA) - Violence cost the world nearly $20 trillion last year, but investment in peace and conflict [...] Full text...

thread Society

UN releases draft blueprint for new universal tax accord

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

thread Economy

UN rights experts demand immediate release of Zimbabwean rights defenders

16 august 2024 - 05:21:51
Harare, Zimbabwe (PANA) - Zimbabwean authorities must immediately release human rights defenders who have been arbitrarily detained for over two [...] Full text...

thread Society

UN Security Council: Africa deserves permanent seat at the table, says Guterres

13 august 2024 - 05:43:01
New York, US (PANA) - UN Secretary-General António Guterres on Monday called for urgent reform of the Security Council, criticising [...] Full text...

thread

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

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

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

thread Economy

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

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

thread Economy

UN development Summit looks into global financial reforms

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

thread Economy

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

IMF management approves Staff Monitored Programme for Equatorial Guinea

25 july 2024 - 11:07:04
Washington, DC, United States (PANA) - Management of the International Monetary Fund (IMF) on Wednesday approved a 12-month non-financing Staff [...] 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

UN leaders urge ‘maximum political will’ to rescue SDGs

23 july 2024 - 06:46:44
Addis Ababa, Ethiopia (PANA) - Top UN officials on Monday called for urgent reforms to the international financial system to [...] Full text...

thread Politics

AfDB's sovereign portfolio retains top spot in 2024 Aid Transparency Index

17 july 2024 - 06:32:34
Abidjan, Cote d'Ivoire (PANA) - The global campaign for aid and development transparency has again named the African Development Bank’s [...] 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

UN deputy chief calls for major arms spending cuts and urgent action to save SDGs

16 july 2024 - 06:07:03
New York, US (PANA) - The UN Deputy Secretary-General on Monday urged global leaders to redirect resources from warfare to [...] 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

US 'deeply concerned' about minerals supply chains from Rwanda and eastern DRC contributing to ongoing conflict

09 july 2024 - 17:31:49
Washington, DC, US (PANA) - The US said in Tuesday that it is “deeply concerned” by the ongoing conflict in [...] Full text...

thread Politics

IMF Executive Board holds Post-Financing Assessment Consultation with Angola

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

thread Economy

Gaza is a ‘maelstrom of human misery’

03 july 2024 - 05:56:30
New York, US (PANA) - With their homes shattered and lives upended by war, civilians in Gaza are clinging to [...] Full text...

thread Society

World getting a ‘failing grade’ on Global Goals report card

29 june 2024 - 05:54:52
New York, US (PANA) - With just six years remaining to reach the Sustainable Development Goals (SDGs), global progress is [...] Full text...

thread Politics

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

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

thread Economy

IMF 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

Burkina Faso: Launch of two World Bank economic reports

27 june 2024 - 13:01:22
Ouagadougou, Burkina Faso (PANA) - The World Bank on Thursday launched the Burkina Faso Economic Update and the Country Economic [...] Full text...

thread Economy

Sovereign debt restructuring process improving amid cooperation and reform: IMF Blog By Ceyla Pazarbasioglu

27 june 2024 - 10:23:36
Washington, DC, United States (PANA) - The global economy avoided what could have been a systemic debt crisis during the [...] Full text...

thread Economy

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

Gaza war: We’ll never abandon Gaza, pledges top UN aid official

26 june 2024 - 19:01:46
Geneva, Switzerland (PANA) - UN aid teams and partner organizations remain deeply committed to delivering lifesaving supplies to Gazans in [...] Full text...

thread Society

Fostering vibrant, inclusive private sector is key to Somalia’s resilient growth

26 june 2024 - 18:26:55
Mogadishu, Somalia (PANA) - Since Somalia’s private sector accounts for an estimated 95 per cent of total jobs created, marshalling [...] Full text...

thread Economy

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

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

thread Economy

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

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

thread Economy

Equatorial Guinea: New report proposes way forward to develop a safe, inclusive digital economy

25 june 2024 - 12:12:40
Malabo, Equatorial Guinea (PANA) - In the wake of new challenges and its prolonged oil-dependency, Equatorial Guinea’s government is aiming [...] Full text...

thread Economy

International Working Group on Rule of Law and Judicial Reform in Libya meets

24 june 2024 - 11:18:51
Tripoli, Libya (PANA) - The Libyan Minister of Justice, Halima Ibrahim, on Sunday chaired the first coordination meeting of the [...] Full text...

thread Politics

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

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

thread Economy

Madagascar: First country to benefit from Enhanced Cooperation Framework for Scaled-Up Climate Action

22 june 2024 - 10:58:49
Washington, DC, United States (PANA) - The World Bank Group (WBG) and International Monetary Fund (IMF) have announced that the [...] Full text...

thread Environment

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

Burkina Faso adopts Presidential Initiative for Quality Education for All

21 june 2024 - 11:02:21
Ouagadougou, Burkina Faso (PANA) - The government of Burkina Faso on Thursday adopted a decree creating the Presidential Initiative for [...] Full text...

thread Culture

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

Global gas flaring jumps to highest level since 2019

20 june 2024 - 17:48:29
Washington, DC, United States (PANA) -  In 2023, the amount of gas flared worldwide rose by nine billion cubic metres [...] Full text...

thread Environment

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

How can Tanzania build capacity to accelerate women’s economic empowerment? World Bank Blog By Alena Sakhonchik and Tanya D'Lima

19 june 2024 - 09:50:32
Dodoma, 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 - 09:09:39
Washington, DC, US (PANA) - An International Monetary Fund (IMF) team and the Mozambican authorities have reached a staff-level agreement [...] Full text...

thread Economy

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

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

thread Economy

Pressure against French colonial rule ahead of UN climate talks

14 june 2024 - 18:49:06
Nairobi, Kenya (PANA) – Azerbaijan, the host nation for the next round of the UN global climate change talks, has [...] Full text...

thread Politics

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

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

thread Economy

IMF urges South Sudan to uphold prudent macroeconomic policies

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

thread Economy

Cape Verde must invest in blue economy for growth, sustainability

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

thread Economy

South Africa: Ramaphosa congratulates Modi on his re-election

09 june 2024 - 15:17:53
Cape Town, South Africa (PANA) - President Cyril Ramaphosa has offered his congratulations to Prime Minister Narendra Modi on [...] Full text...

thread Politics

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

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

thread Economy

São Tomé and Príncipe faces serious economic challenges: IMF

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

thread Economy

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

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

thread Economy

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

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

thread Economy

As IMF turns 80, mounting global challenges mean world must work together: IMF Blog By By Gita Bhat

04 june 2024 - 13:41:42
Washington DC, USA (PANA) –  As IMF turns 80, mounting global challenges mean world must work together. Our biggest challenges—from [...] Full text...

thread Economy

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

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

thread Economy

Seychelles withstands climate shocks, continued volatility in external environment

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

thread Economy

IMF must listen to the needs of its global membership and adapt to emerging challenges: IMF Regional Perspectives By William Ruto, President of Kenya

03 june 2024 - 17:24:44
Nairobi, Kenya (PANA) - For over eight decades, the International Monetary Fund (IMF) has stood as a pillar of global [...] Full text...

thread Economy

AfDB approves $117 billion general callable capital Increase

03 june 2024 - 12:29:10
Nairobi, Kenya (PANA) - The Board of Governors of the African Development Bank (AfDB) Group has approved a $117 billion [...] Full text...

thread Economy

World Bank Group and IMF deepen joint effort to scale up climate action

01 june 2024 - 08:35:56
Washington, DC, USA (PANA) - The World Bank Group (WBG) and the International Monetary Fund (IMF) are deepening their cooperation [...] Full text...

thread Environment

AfDB stresses need for responsible, innovative solutions for African debt management

01 june 2024 - 07:56:51
Nairobi, Kenya (PANA) - It is essential to find innovative solutions for managing the debt of African countries, taking proactive [...] 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

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

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

thread Economy

Chairman of Libyan Council calls for unified African position in favour of reform of global financial system

29 may 2024 - 18:58:20
Tripoli, Libya (PANA) - The chairman of the Libyan Presidential Council, Mohamed Al-Manfi, has stressed the importance of African Union [...] Full text...

thread Politics

Senegal holds national dialogue on reform and modernisation of the judicial system

28 may 2024 - 17:20:48
Dakar, Senegal (PANA) - A national dialogue on the reform and modernisation of Senegal's judicial system opened in Dakar on Tuesday [...] Full text...

thread Politics

European Council adopts update of Schengen Borders Code

24 may 2024 - 12:13:55
Brussels, Belgium (PANA) – The European Council on Friday gave its final approval to a new Schengen Borders Code, the [...] Full text...

thread Society

‘Now is the time to unleash Africa’s peace power’ Guterres tells Security Council

24 may 2024 - 05:17:20
New York, US (PANA) - Peace is the key to unlocking Africa’s future and for strengthening the continent’s voice and [...] Full text...

thread Politics

‘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

Fostering UN-World Bank partnership to tackle fragility in Burundi and The Gambia: World Bank Blog

21 may 2024 - 07:14:00
Bujumbura, Burundi (PANA) - In today’s complex global landscape, addressing fragility, conflict, and violence (FCV) requires multifaceted approaches and strong [...] Full text...

thread Society

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

IMF proposes reforms to Libya's financial sector

14 may 2024 - 11:43:34
Tripoli Libya (PANA) - The International Monetary Fund (IMF) has noted shortcomings in the Libyan financial sector and stressed the [...] Full text...

thread Economy

IMF Executive Board approves US$8.1 million disbursement for Guinea Bissau

14 may 2024 - 07:54:18
Washington, 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 - 08:20:24
Praia, Cape Verde (PANA) - An International Monetary Fund {IMF) team and the Cape Verdean authorities have reached staff-level agreement [...] Full text...

thread Economy

South Africa's legal fraternity mourns passing of prominent judge

10 may 2024 - 10:24:38
Cape Town, South Africa (PANA) – Tributes are pouring in following the death of former Constitutional Court Judge Yvonne Mokgoro [...] Full text...

thread Society

Libya, IMF focus on assessing general economic and financial situation in Libya

09 may 2024 - 16:40:21
Tripoli, Libya (PANA) - Libya and the International Monetary Fund (IMF) continued discussions Thursday as part of the Article IV [...] Full text...

thread Economy

IMF, Zambian officials discuss economic impact of current drought

09 may 2024 - 16:11:48
Lusaka, Zambia (PANA) - Zambian officials and the International Monetary Fund (IMF) staff have advanced technical work as part of [...] 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

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

CSOs in Libya hold workshop on security sector reform

02 may 2024 - 10:41:58
Tripoli, Libya (PANA) - Representatives of civil society organisations in Libya have concluded a workshop, organised by the United Nations [...] Full text...

thread Society

Forum on Sustainable Development sets out African priorities for the Pact for the Future

29 april 2024 - 19:13:22
Addis Ababa, Ethiopia (PANA) - The 10th African Regional Forum on Sustainable Development (ARFSD), held recently in Addis Ababa, has [...] Full text...

thread Society

General Assembly President raises alert over ‘commodity dependence’

27 april 2024 - 05:41:32
New York, US (PANA) - The President of the General Assembly on Friday called for Member States and stakeholders to [...] Full text...

thread Economy

UN chief urges ‘surge in investment’ to overcome $4 trillion financing gap

22 april 2024 - 17:45:44
New York, US (PANA) - The UN Secretary-General on Monday called for a “surge in investment” to give developing countries [...] Full text...

thread Economy

World Bank’s new financing tools receive major funding boost

20 april 2024 - 09:49:37
Washington DC, United States (PANA) - New financial instruments designed to boost lending capacity and enable the World Bank Group [...] Full text...

thread Economy

Libyan finance minister holds series of meetings at IMF-World Bank Spring meetings

18 april 2024 - 11:22:07
Tripoli, Libya (PANA) - Libya's Minister of Finance in the Government of National Unity, Khaled al-Mabrouk on Wednesday took part [...] Full text...

thread Economy

WBG/AfDB new partnership aims to connect 300 million to electricity by 2030

18 april 2024 - 06:24:19
Washington, DC, USA (PANA) – The World Bank Group (WBG) and African Development Bank (AfDB) Group are partnering on an [...] Full text...

thread Economy

Libya attends meeting of IMF's African Consultative Group

17 april 2024 - 17:21:59
Tripoli, Libya (PANA) - The governor of the Central Bank of Libya (BCL), Al-Seddik Omar Al-Kebir Wednesday took part in [...] Full text...

thread Economy

Tourism ‘intrinsically susceptible’ to climate shocks, political unrest, pandemic threat

17 april 2024 - 05:42:47
New York, US (PANA) - The President of the UN General Assembly on Tuesday highlighted the urgent need to boost [...] Full text...

thread Economy

UN leaders urge ‘wholesale reform’ of global financial architecture

16 april 2024 - 06:13:40
New York, US (PANA) - The Secretary-General and President of the General Assembly on Monday led the clarion call for [...] 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

Make 2024 a ‘turning point’ for education, UN deputy chief urges

11 april 2024 - 17:00:35
Brussels, Belgium (PANA) - The UN Deputy Secretary-General on Thursday called for a transformation in learning, stressing that receiving a [...] Full text...

thread Society

World must prioritise productivity reforms to revive medium-term growth: IMF Blog By Nan Li, Diaa Noureldin

10 april 2024 - 15:12:53
Washington DC, USA (PANA) - The world economy faces a sobering reality. The global growth rate - stripped of cyclical [...] Full text...

thread Economy

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

Massive investment and financial reform needed to rescue SDGs

10 april 2024 - 05:36:25
New York, US (PANA) - Financing for sustainable development is at a crossroads and without urgent investment, global efforts to achieve [...] Full text...

thread Economy

IMF reaches staff level agreement with Côte d’Ivoire on review of EFF/ECF arrangements

09 april 2024 - 08:02:47
Abidjan, Côte d’Ivoire (PANA) - An International Monetary Fund (IMF) staff team and the authorities in Côte d’Ivoire have reached [...] Full text...

thread Economy

UN Security Council condemns DR Congo attacks

06 april 2024 - 07:08:02
New York, US (PANA) - The UN Security Council on Friday strongly condemned the latest rise in attacks by the [...] Full text...

thread Society

Togo again postpones legislative and regional elections

04 april 2024 - 14:04:06
Lomé, Togo (PANA) - Togo's parliamentary and regional elections have been postponed once again to allow the National Assembly to [...] Full text...

thread Politics

New World Bank programme expands access to electricity in Ethiopia

04 april 2024 - 08:04:39
Addis Ababa, Ethiopia (PANA) - A new World Bank programme is set to strengthen and expand the electricity network, improve [...] Full text...

thread Economy

IMF considers Ethiopia’s request for reform programme support

03 april 2024 - 07:35:21
Addis Ababa, Ethiopia (PANA) - An International Monetary Fund (IMF) staff team led by Mr. Alvaro Piris on Tuesday concluded [...] 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

Opposition up in arms against constitutional change in Togo

28 march 2024 - 17:35:45
Lomé, Togo (PANA) - The Togolese opposition is united in its opposition to the constitutional change that took place on [...] Full text...

thread Politics

UN's DR Congo mission chief says humanitarian disaster ‘unfolding before our very eyes’

28 march 2024 - 05:28:11
New York, US (PANA) - Insecurity in the volatile eastern Democratic Republic of the Congo (DRC) has worsened since the [...] Full text...

thread Society

IMF deputy MD says Angola has a promising future

21 march 2024 - 10:18:08
Luanda, Angola (PANA) - Implementation of economic reforms in the areas of fiscal management, revenue mobilisation, financial stability, and central [...] Full text...

thread Economy

World Bank Group assures support to Egypt’s development, reform efforts

19 march 2024 - 06:13:25
Cairo, Egypt (PANA) - The World Bank Group (WBG) is committed to its long-term strategic partnership with Egypt and supports [...] Full text...

thread Economy

IMF approves US$1.3 billion under RSF for Cote d’Ivoire

16 march 2024 - 07:50:19
Abidjan, Côte d’Ivoire (PANA) - The International Monetary Fund (IMF) has approved a 30-month Resilience and Sustainability Facility (RSF) arrangement [...] Full text...

thread Economy

IMF staff complete deal on first review of Somalia’s ECF arrangement

09 march 2024 - 08:00:52
Mogadishu, 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 - 08:45:57
Ouagadougou, Burkina Faso (PANA) - International Monetary Fund (IMF) staff and Burkinabè authorities have reached staff-level agreement on economic policies [...] Full text...

thread Economy

African finance ministers call for global financial systems reform to favour development

07 march 2024 - 14:45:10
Victoria Falls, Zimbabwe (PANA) - African countries should with one voice, advocate for the reform of the global financial architecture [...] Full text...

thread Economy

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

07 march 2024 - 06:20:55
Cairo, Egypt (PANA) - International Monetary Fund (IMF) staff and the Egyptian authorities have reached staff level agreement on a [...] Full text...

thread Economy

EU Council, Parliament strike deal to improve efficiency of air space management

06 march 2024 - 11:47:49
Brussels, Belgium (PANA) - The European Council presidency and the European Parliament’s negotiators have reached a provisional agreement on the [...] Full text...

thread Society

US arrests over illegal arms smuggling to South Sudan

06 march 2024 - 11:34:36
New York, US (PANA) - Two people have been arrested for attempting to purchase and export arms to South Sudan, [...] Full text...

thread Society

Hannan Morsy of ECA reveals the pillars of sustainable development for Africa

05 march 2024 - 20:46:15
Cotonou, Benin (PANA) - The Chief Economist and Deputy Executive Secretary of the Economic Commission for Africa (ECA) has revealed [...] Full text...

thread Economy

ECA calls on African countries to broaden their tax bases

05 march 2024 - 19:10:59
Cotonou, Benin (PANA) - The Deputy Executive Secretary of the Economic Commission for Africa (ECA), Hanan Morsy, has called on [...] Full text...

thread Economy

African Ministers seek regional capital markets to finance climate change action

05 march 2024 - 12:25:12
Victoria Falls, Zimbabwe (PANA) – Zimbabwean President Emmerson Mnangagwa has called for measures to address climate change, the debt crisis [...] Full text...

thread Economy

US ends economic sanctions against Zimbabwe

05 march 2024 - 09:49:14
Washington DC, US (PANA) - The US has ended debilitating economic sanctions against Zimbabwe after nearly two decades despite years [...] Full text...

thread Economy

New data show massive, wider-than-expected global gender gap

04 march 2024 - 11:54:55
ATTN EDS: EMBARGOED: NOT FOR PUBLICATION UNTIL MONDAY, 4 MARCH, 2024, AT 15 GMT. Washington, DC, USA (PANA) - The global [...] Full text...

thread Gender

WTO Ministerial Conference ends with decisions on dispute reform, development

02 march 2024 - 11:41:31
Abu Dhabi, UAE (PANA) – World Trade Organisation (WTO) members concluded the 13th Ministerial Conference (MC13) in Abu Dhabi, United [...] Full text...

thread Economy

IMF avails US$390 million under ECF for poverty reduction in Togo

02 march 2024 - 10:50:09
Lomé, Togo (PANA) - The Executive Board of the International Monetary Fund (IMF) has approved a 42-month arrangement of US$390 [...] Full text...

thread Economy

WTO chief encourages members to close remaining gaps to secure outcomes at ministerial conference

29 february 2024 - 07:42:22
Dubai, Abu Dhabi (PANA) - World Trade Organization (WTO) Director-General Ngozi Okonjo-Iweala commended members for the “tremendous amount of progress” [...] Full text...

thread Economy

How G20 can build on the world economy’s recent resilience: IMF Blog By Kristalina Georgieva

26 february 2024 - 17:10:06
Washington DC, USA (PANA) - It’s fitting that G20 finance ministers and central bank governors will meet this week at [...] Full text...

thread Economy

Okonjo-Iweala urges trade ministers’ coalition to boost climate action through WTO

26 february 2024 - 10:06:03
Abu Dhabi, UAE (PANA) – World Trade Organisation (WTO) Director General Ngozi Okonjo-Iweala has welcomed high-level officials’ efforts and leadership [...] Full text...

thread Environment

EU urges WTO Ministerial Conference in Abu Dhabi to come up with balanced outcome

25 february 2024 - 16:20:23
Brussels, Belgium (PANA) – Stability and predictability of a rules-based trading system are needed more than ever to act as [...] Full text...

thread Economy

Frankfurt hosts EU’s new anti-money laundering authority

23 february 2024 - 09:32:28
Brussels, Belgium (PANA) – The European Council and the European Parliament representatives on Thursday reached an agreement on the seat [...] Full text...

thread Society

Investment set to boost Morocco’s output growth: IMF

22 february 2024 - 10:57:32
Rabat, Morocco (PANA) – Morocco’s output growth is projected to reach 3.5 percent over the medium term boosted by investment [...] Full text...

thread Economy

UN envoy calls for curb on illicit weapons in Central African Republic

22 february 2024 - 05:50:48
New York, US (PANA) - The head of the UN peacekeeping mission in the Central African Republic (MINUSCA) on Wednesday [...] Full text...

thread Politics

Libya commits to reforming education programmes

20 february 2024 - 13:16:20
Tripoli, Libya (PANA) - The Libyan Minister of Education and Chairman of the National Committee for Education, Culture and Science, [...] Full text...

thread Politics

IMF staff, Côte d’Ivoire reach deal on resilience, sustainability support

17 february 2024 - 12:54:26
Abidjan, Côte d’Ivoire (PANA) - The Ivorian authorities and IMF staff reached a staff level agreement on a reform programme [...] Full text...

thread Environment

Libya's Minister of Labour outlines Libyan government's policies for preparing new generation of young leaders

15 february 2024 - 14:46:02
Tripoli, Libya (PANA) - The Libyan Minister of Labour and Rehabilitation in the Government of National Unity, Ali al-Abed al-Rida, [...] Full text...

thread Politics

Libya attends 44th session of AU Executive Council meeting in Addis Ababa

15 february 2024 - 14:22:01
Tripoli, Libya (PANA) - The Libyan Deputy Minister of Foreign Affairs and International Cooperation of the Government of National Unity, [...] Full text...

thread Politics

Israel-Gaza Crisis: Tourism surges in Egypt despite economic hardships

15 february 2024 - 11:45:36
Cairo, Egypt (PANA) - Despite economic hardships and the Israel-Hamas conflict, Egypt hosted 14.9 million tourists in 2023, exceeding its [...] Full text...

thread Economy

IMF staff, government officials discuss Zimbabwe’s governance, growth prospects

15 february 2024 - 08:04:51
Harare, Zimbabwe (PANA) - Economic activity in Zimbabwe continues to show resilience in the face of currency instability and high [...] Full text...

thread Economy

Malawi's plan to create a stable, sustainable economy

10 february 2024 - 08:06:02
Lilongwe, Malawi (PANA) - Adherence to the authorities' macroeconomic adjustment and reform programme will help Malawi overcome current and future [...] Full text...

thread Economy

Moussa Al-Kouni stresses importance of awareness-creation, reform programmes to protect young people from destructive phenomena

09 february 2024 - 16:23:07
Tripoli, Libya (PANA) - The deputy chairman of the Libyan Presidential Council, Moussa Al-Kouni, has stressed the importance of implementing [...] Full text...

thread Society

Peace is UN’s raison d’être: Guterres

07 february 2024 - 19:18:23
New York, US (PANA) - Around the globe, “peace is the missing piece” as conflicts rage, divisions grow and polarization [...] Full text...

thread Politics

UN deputy chief calls for ‘courage, vision and solidarity’ to boost middle-income nations

07 february 2024 - 06:08:35
Rabat, Morocco (PANA) - Despite being the driving force for sustainable development, middle-income countries face unique challenges and require more [...] Full text...

thread Economy

Malawi's plan to create a stable, sustainable economy

03 february 2024 - 10:47:45
Lilongwe, Malawi (PANA) - Adherence to the authorities' macroeconomic adjustment and reform program would help Malawi overcome current and future [...] Full text...

thread Economy

Egypt, IMF discuss EFF policy review

02 february 2024 - 07:28:03
Cairo, Egypt (PANA) - An International Monetary Fund (IMF) mission and the Egyptian authorities have made “excellent progress” on discussions [...] Full text...

thread Economy

Global economy approaches soft landing, but risks remain: IMF Blog By Pierre-Olivier Gourinchas

30 january 2024 - 16:54:52
Washington, United States (PANA) - The clouds are beginning to part. The global economy begins the final descent toward a [...] Full text...

thread Economy

IMF approves US$183.4 million for Cameroon to mitigate climate change impact

30 january 2024 - 08:02:34
Yaoundé, Cameroon (PANA) - Cameroon, highly vulnerable to climate change, with risks from recurrent droughts, floods, landslides, and coastal erosion, [...] Full text...

thread Environment

Traces of spyware identified on mobile phones of two journalists in Togo -RSF

23 january 2024 - 16:01:18
Ouagadougou, Burkina Faso (PANA) - As the trial of two Togolese journalists prosecuted by a member of the government got [...] Full text...

thread Society

Burundi set for stronger economic recovery in 2024: IMF mission

23 january 2024 - 10:20:12
Bujumbura, Burundi (PANA) – A stronger economic recovery is projected in Burundi for 2024, with real GDP expanding by 4.3 [...] Full text...

thread Economy

Guterres urges G-77 and China to drive momentum for global governance reform

21 january 2024 - 19:20:08
Kampala, Uganda (PANA) - Developing countries must lead efforts to reform outdated international institutions and frameworks, UN Secretary-General António Guterres [...] Full text...

thread Politics