Minister Godongwana stresses quality rather than size of SA economy
Minister of Finance Enoch Godongwana says South Africa should focus on the quality of its economy.
South Africa to become Africa’s largest economy: IMF
SA is set to overtake Nigeria and Egypt as the continent’s largest economy, IMF forecasts show
High US deficits fueling growth, higher interest rates: IMF
IMF’s Gopinath says high U.S. deficits fueling growth, higher interest rates.
Zimbabwe expects IMF programme in second half of year: Minister
Zimbabwe is expecting to sign on to a new staff-monitored programme with the IMF
Rights groups urge US to stop deporting Haitians
Human rights organisations sign letter urging the US government to halt deportations of Haitians.
IMF reaches staff level agreement with Pakistan to disburse $1.1 bln
The deal comes after the IMF mission held five days of talks with Pakistani officials.
IMF probing cyber security incident, no top managers affected
IMF said on Friday that it is investigating a cyber incident, which was detected on Feb. 16
IMF revises South Africa’s economic growth projection down to 1%
The IMF revised South Africa’s economic growth from a previous projection of 1.8 to 1 percent.
IMF says global ‘soft landing’ in sight, raises 2024 economic growth
IMF edged its forecast for global economic growth higher, upgrading the outlook for US and China
IMF team in Cairo to discuss $3 bln loan programme – spokesperson
An International Monetary Fund team is currently in Cairo to discuss Egypt’s $3 billion IMF loan.
Ghana agrees debt restructuring deal with official creditors
Ghana has reached a deal to restructure $5.4 billion of loans
IMF commits to fund climate change
IMF chief commits to funding climate change.
Ethiopia seeks debt relief from other creditors after China
After getting debt relief from China, Ethiopia is requesting similar treatment from other creditors
Zambia poised to sign debt restructuring MOU
Zambia is poised to sign a Memorandum of Understanding (MOU) on its debt restructuring.
US, China must rein in debt: IMF fiscal chief
The US and China will both need to make major changes to put their medium-term debt.
G20 agrees membership for African Union on par with EU
The G20 grouping of nations has agreed to grant permanent membership to the African Union, Bloomberg
SA economic growth forecast to remain weak due mostly to electricity crisis
South Africa’s economic growth is likely to remain weak, weighed down mostly by the electricity
Ghana agrees restructuring deal with banks on some domestic debt
Ghana has reached an agreement with banks to restructure 15 billion Ghana cedi ($1.36 billion) of
Treasury to adjust forecasts in response to IMF report
National Treasury says some of the economic risks identified in its February budget have now
Africa needs bilateral help to cope with major funding squeeze: IMF
Africa is facing a severe financing squeeze that, on the back of a series of unprecedented shocks,