Imf
ANALYSIS: How a post-COVID-19 revival could kickstart Africa’s free trade area
Africa is more vulnerable to the impact of COVID-19 because it is highly dependent on imports for its medicinal and pharmaceutical products and on commodity...
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IMF approved $18bn in 50 requests for emergency pandemic aid - spokesman
The Fund’s staff was considering requests from Sri Lanka, South Africa and Zambia.
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IIF urges SA to seek IMF funding, EFF rejects Mboweni finance suggestion
The Institute of International Finance said that it expected South Africa's economy to contract by 2.5% in 2020 but said that waning demand, travel restrictions and pandemic-related closures could lead to a deeper recession.
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IMF says coronavirus to hit sub-Saharan Africa's growth hard
Top officials in the Fund’s Africa Department said they have received requests for emergency financing from over 20 nations in the region and expect at least 10 more soon.
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IMF agrees lending programme with DR Congo
The IMF suspended its last aid to Congo after the government failed to provide sufficient details on the sale of state mining assets to an offshore company.
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Ex-IMF's Lagarde: Global growth 'fragile,' 'under threat'
Policymakers should work together to 'try to reduce the fragility and ... resolve the uncertainty,' facing the global economy, Christine Lagarde told the media during an interview.
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FIKILE-NTSIKELELO MOYA: The ANC's narcissism is damaging SA
When the governing party is at war with itself, it is a disaster waiting to happen, writes Fikile-Ntsikelelo Moya.
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President Ramaphosa pleased with G20 summit outcomes
President Cyril Ramaphosa said that the world leaders have affirmed their commitment to the implementation of the 2030 agenda for sustainable growth.
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China says Africa projects should be sustainable, denounces criticism
The IMF and World Bank began the Heavily Indebted Poor Countries Initiative in 1996 to help the world’s poorest countries clear billions of dollars of unsustainable debt.
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IMF trims SA's economic growth forecast to 1.2%
South Africa has seen growth stagnate in the decade since the world’s financial crisis, with policy missteps under former President Jacob Zuma making worse global conditions.
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IMF Lagarde says oil exporters have not fully recovered from the 2014 oil shock
She said there was scope to improve fiscal frameworks in the Middle East with some of the weaknesses emanating from “short-termism and insufficient credibility”.
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IMF, CEOs sound warnings as leaders gather in Davos
Gloomy IMF forecasts highlight the challenges facing policymakers as they tackle an array of actual or potential crises.
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Lagarde: 'Ramaphosa right man to lead SA to prosperity'
The International Monetary Fund (IMF) Managing Director Christine Lagarde has warned that the biggest risks facing South Africa’s economy are complacency and high expectations and slow service delivery.
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IMF's Lagarde urges US, others to reject 'dystopian' path
The managing director of the Washington-based global crisis lender issued yet another plea to governments, notably the United States, to back away from protectionism and confrontation.
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IMF reaches staff agreement for $2bn disbursement to Egypt
The funds will be available upon IMF executive board approval of a fourth review of the three-year program, the organisation said in a statement.
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Saudis offer Pakistan $6bn rescue package to ease economic crisis
Finance Minister Asad Umar this month requested talks with the IMF for the country’s second bailout in five years.
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India's economy is set to grow faster than China's this year
In April, IMF had projected India’s growth rate to be at 7.4%, which it has now revised down given the recent increase in global oil prices and tightening global financial conditions, IMF has said in its World Economic Outlook report.
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Who runs the (economic) world? It might soon be women
A crop of female economists join IMF chief Christine Lagarde in top positions at major financial bodies.
