The US-China trade confrontations, Brexit and other uncertainty are threatening to drag down global growth even further, the International Monetary Fund warned Monday.
The Managing Director of the International Monetary Fund, Christine Lagarde, says the media should play a role in managing public perception which could potentially pose a risk to the country’s economy.
President Cyril Ramaphosa and IMF managing director Christine Lagarde have discussed the current economic challenges around the world.
The IMF has approved financing of about $2.97 billion in the form of a Precautionary and Liquidity Line (PLL) to help Morocco ward off external economic shocks.
IMF said its board had approved a $3.7 billion credit facility for Angola to support economic reforms and would immediately disburse around $990 million.