IMF sees Namibia's economic growth slowing

2016-09-21 17:45

The IMF expects Namibia's economic growth to slow to 2.5% this year after expanding by 5.3% in 2015, as a decline in construction activity weighs.

IMF could soon help Guinea-Bissau

2016-09-12 19:30

An IMF representative says following an evaluation mission, the fund could lift a suspension on payments aimed at helping Guinea-Bissau.

IMF insists on international audit of Mozambique debt

2016-08-30 19:27

The IMF is demanding an external forensic audit of Mozambique's public debt to regain investor confidence after a scandal over more than $2bn in secret loans.

Egypt needs about $6bn to seal IMF deal

2016-08-12 18:18

Egypt's preliminary deal for a $12bn IMF loan programme can go to the board for approval only if the government secures $5-6bn in bilateral financing for the first year.

Egypt proposes 18-month reform plan to IMF - reports

2016-08-08 17:24

Egyptian newspapers say Cairo has proposed to IMF delegates an 18-month reform programme in return for a $12bn loan over three years to shore up its economy

Egypt asks IMF for loan to help economy

2016-07-27 21:00

The Egyptian government says it is finalising talks with the International Monetary Fund on a three-year loan programme.

Bridging South Africa’s economic divide

2016-07-20 15:19

It is a generation since the end of apartheid and there remains a growing gap between SA’s accomplishments and its concrete economic needs, says the IMF's David Lipton.

IMF says Nigeria heading into recession

2016-07-19 20:02

The IMF has slashed its growth forecast for the Nigerian economy this year, saying a combination of plunging oil revenues and weakened investor confidence will push it into recession.

UK faces slowest growth since 2012 after Brexit vote

2016-07-19 16:00

The International Monetary Fund has slashed its UK outlook after the Brexit vote and forecast the economy will grow at its weakest pace since 2012 next year.

Startling revelation: IMF not in funding talks with Zim

2016-07-15 16:47

Contrary to what the Zimbabwean authorities have been telling anyone who cared to listen, the IMF says it is not discussing a funding programme with Zimbabwe.


IMF prods Mozambique to allow audit of secret loan companies

2016-09-16 09:25

IMF chief Christine Lagarde has pressed Mozambique's president Filipe Nyusi to allow an independent international audit of companies involved in a loan scandal that forced an IMF and World Bank aid cutoff.

Eurozone inflation undershoots forecast

2016-08-31 12:54

Eurozone inflation has failed to accelerate in August, adding to signs that the eurozone’s economic outlook deteriorated ahead of a European Central Bank meeting.

IMF's radical wage plan for Japan turns Nixon policy on its head

2016-08-15 11:08

In a sign of how worried it is about Japan’s economy, the IMF is urging the country to resurrect a radical strategy once employed by former US presidents but only in reverse.

Eurozone economy cools, Germany helps pre-Brexit momentum

2016-08-12 12:15

Eurozone growth has slowed in line with economists’ forecasts, leaving the currency bloc vulnerable to any fallout from Britain’s vote to leave the European Union.

Ghana lawmakers back bill, breach IMF deal

2016-08-03 17:30

Ghana's parliament has overwhelmingly rejected a core condition of a $918m IMF aid deal meant to fix an economy dogged by high public debt.

Decade’s peak inflation deepens dilemma for Nigeria

2016-07-26 11:15

Caught between the highest inflation rate in more than a decade and an economy set to contract, Nigeria’s central bank may opt to do nothing.

Rand improves after IMF growth concerns dent SA currency

2016-07-20 08:53

The rand has returned to its strong level of R14.32/$ after weakening a day earlier due to a strong dollar and growth concerns about South Africa being voiced.

IMF downgrades sub-Saharan growth rates

2016-07-19 16:34

The IMF has downgraded the 2016 economic growth rates in sub-Saharan Africa by 1.4 percentage points to 1.6%, according to a report.

SA GDP growth too slow to improve conditions - IMF

2016-07-19 14:43

Economic growth in SA is too slow to improve living standards in a country where a third of the population is excluded from the economy, says the International Monetary Fund.

Zim fails to repay $1.8bn IMF loan

2016-07-15 05:45

Zimbabwe's central bank governor has confirmed that the country has failed to repay $1.8bn it earlier said would be repaid by June 30.

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