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Treasury rejects claims that it plans to use pension money to fund government

26 June 2020, 8:59 AM

The Treasury has again rejected suggestions that it intends making amendments to Regulation 28, that will allow it to use pension funds to fund government programmes.

Sudan says it has begun talks with IMF on non-funded programme

8 June 2020, 4:25 PM

Sudan began talks this week with the International Monetary Fund (IMF) on a non-funded programme that could pave the way for international financial support, Finance Minister Ibrahim Elbadawi said.

IMF approves $739 mln in emergency pandemic relief funds for Kenya

7 May 2020, 3:04 PM

The International Monetary Fund on Wednesday said its executive board has approved $739 million in emergency financing to help Kenya respond to the economic shock caused by the novel coronavirus pandemic.

Ace Magashule

Magashule skeptical over decision to approach IMF for funding

25 April 2020, 8:00 PM

The battle over where to source funds for South Africa’s economic stimulus package is raging at Luthuli House.

Mboweni to table new budget to reallocate funds for COVID-19

24 April 2020, 4:33 PM

Finance Minister Tito Mboweni says COVID-19 expenditure has changed the fiscal framework and he will soon be tabling a new Budget Bill before Parliament. Mboweni says government will also postpone some of its programmes so that it can reallocate R130 billion in expenditure.

Trump’s move to cut WHO funding prompts world condemnation

15 April 2020, 3:12 PM

US President Donald Trump’s move to halt funding to the World Health Organization over its handling of the coronavirus pandemic prompted condemnation on Wednesday from world leaders who appealed for cooperation and unity.

Mixed reaction regarding Mboweni’s statement regarding IMF funding for COVID-19 impact

15 April 2020, 3:07 PM

Alliance partners, the ANC and the SACP, have welcomed Finance Minister Tito Mboweni’s latest statement that South Africa would not consider international funding which would be accompanied by a structural adjustment programme.

SA has not approached IMF for emergency funding: official

15 April 2020, 7:16 AM

South Africa has not approached the International Monetary Fund (IMF) for emergency financing to help it fight the COVID-19 pandemic that threatens to push the economy deeper into recession, an IMF official said on Tuesday.

SA not looking for COVID-19 funding with structural reform conditions: Mboweni

14 April 2020, 4:28 PM

South Africa is not looking for COVID-19 funding packages from the International Monetary Fund (IMF) that are accompanied by a structural adjustment programme, Finance Minister Tito Mboweni said on Tuesday.

International Monetary Fund

Nigeria asking multilateral lenders to fund coronavirus fight

6 April 2020, 5:20 PM

Nigeria has requested a total of $6.9 billion from the International Monetary Fund (IMF), World Bank and African Development Bank (AfDB) to combat the impact of the novel coronavirus pandemic, the finance minister said on Monday.

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