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The International Monetary Fund (IMF) logo is seen outside the headquarters building in Washington.

IMF approves DRC bailout after China debt deal

12 July 2019, 5:36 AM

IMF demanded that Congo ensure the long-term sustainability of its debt as a precondition for a three-year extended credit facility programs.

IMF reaches agreement with Argentina that will release $5.4 bn loan tranche

5 July 2019, 10:09 PM

The International Monetary Fund on Friday reached an agreement with Argentina that will allow release of the next $5.4 billion disbursement under the loan program intended to help stabilize the South American nation’s economy.

Zimbabwe abstains from external borrowing to build fiscal discipline: IMF

31 May 2019, 4:37 PM

Zimbabwe will not borrow externally and will cut reliance on the central bank to finance deficits during an IMF staff-monitored programme in a bid to set a track record of fiscal discipline that could earn it future funding, the IMF said.

IMF logo on building

Congo Republic’s IMF bailout at risk over debt deals: document

23 May 2019, 5:46 AM

Advisers to Congo Republic’s government have warned it that there is a “major risk” the International Monetary Fund (IMF) will reject its bid for a long-sought bailout, according to a letter obtained by Reuters.

hinese-President-Xi-Jinping-and-his-Republic-of-Congo-counterpart-Denis-Sassou-Nguesso.

China’s vast investment in Africa hits a snag in Congo

28 April 2019, 8:24 AM

China’s investment strategy of throwing money at developing countries appears to have hit a snag in the Republic of Congo as the central African nation is seeking an IMF bailout.

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