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.
The International Monetary Fund (IMF) will consider a $130 million accelerated aid package for storm-hit Mozambique as soon as next week, a senior IMF official said on Friday.
The International Monetary Fund will not have any contact with Venezuela, nor allow the country to access its reserves held by the institution, until the international community recognizes a government in Caracas…
The International Monetary Fund on Tuesday cut its global economic growth forecasts for 2019 and warned growth could slow further due to trade tensions and a potentially disorderly British exit from the European Union.
Presidential Envoy, Mcebisi Jonas says government will have to manage its finances and debts very well in the next few years if the country wants to avoid further downgrade and IMF bail outs.