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Tag Archives: IMF

IMF sees Caribbean economy shrinking 6.2% in 2020 due to pandemic

30 April 2020, 4:50 AM

A sudden stop in tourism caused by border closures and lockdowns aimed at containing the coronavirus pandemic will cause a 6.2% contraction of the Caribbean economy in 2020, the deepest recession in over half a century, the IMF said on Wednesday.

‘Government must exhaust internal avenues before requesting for IMF help’

27 April 2020, 12:06 PM

EFF leader, Julius Malema, has called on government to first exhaust all internal avenues, to help save the country from the negative economic impact of the coronavirus, before requesting for funding from the International Monetary Fund and the World Bank.

VIDEO: Global COVID-19 Wrap 26 April

26 April 2020, 5:44 PM

SABC News takes a look at top stories pertaining to the novel coronavirus (COVID-19) from the country, continent and the world.

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.

IMF may need ‘exceptional measures’ to facilitate pandemic response – Georgieva

21 April 2020, 3:43 AM

The International Monetary Fund may need to step outside its comfort zone and consider “exceptional measures” to help countries deal with the coronavirus pandemic and mitigate its economic impact, Managing Director Kristalina Georgieva said on Monday.

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