Tunisia Raises Domestic Electricity and Gas Prices
16/05/2022Tunisia has raised the prices of domestic electricity and gas, a government official has said, in the latest in a series of price hikes in a country whose public finances.
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Ghana will solve debt crisis without IMF help, Finance Minister says
13/05/2022Ghana is committed to managing its debt without assistance from the International Monetary Fund (IMF), Finance Minister Ken Ofori-Atta said, expressing his confidence that government measures were moving the country.
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Tanzania to ease pump pain with $43m fuel subsidy
11/05/2022Next month, Tanzania will spare motorists and households high pump price increases after the government announced a Tsh100 billion ($43 million) fuel subsidy. Speaking in Parliament, Energy minister January Makamba.
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Somalia seeks three-month extension of its IMF support programme
09/05/2022Somalia’s government has asked the International Monetary Fund (IMF), to extend its financial support by three months to Aug. 17, the head of the IMF’s country mission told Reuters. In.
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UN chief calls for debt relief, return to constitutional rule in some African Countries
03/05/2022UN Secretary-General, Antonio Guterres, on Sunday urged debt relief for African countries and more investment to help their economies recover from the COVID-19 pandemic and the impacts of the Ukraine.
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Kenya to receive $244m budget support from IMF
27/04/2022The International Monetary Fund, IMF, plans to release $244 million to Kenya to finance its budget “in the coming weeks” after its staff expressed their satisfaction with Nairobi’s economic reforms.
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China committed to joining Zambia creditor committee – IMF’s Chief
23/04/2022China has committed to joining Zambia’s creditor committee, International Monetary Fund managing director, Kristalina Georgieva, said on Thursday, amid complaints from Zambia’s finance minister about delays to its debt restructuring..
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IMF set up new lending facility to cushion member states from economic shocks
20/04/2022The International Monetary Fund, IMF, has created a new lending facility to help build the resilience of its member countries against economic shocks. The facility, dubbed ‘The Resilience and Sustainability.
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Nigeria’s eNaira Attracting Global Attention — IMF
18/11/2021The International Monetary Fund (IMF) has revealed that Nigeria’s digital currency, the eNaira has been “drawing substantial interest from the outside world” since it was unveiled on October 25, 2021.
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Morocco eyes IMF deal on new credit line by year-end
24/10/2018Morocco expects to reach an agreement with the IMF for a Precautionary and Liquidity Line (PPL) by the end of 2018, its economy and finance minister said on Tuesday. Mohamed.
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