THE International Monetary Fund (IMF) has approved the disbursement of 10 million dollars to Somalia to boost the country’s economic reforms. IMF in a statement said that the latest funding “brings Somalia’s total disbursement under the current programme, originally…
PAKISTAN has assured the International Monetary Fund that despite initial delays, it still remained hopeful of securing the Chinese debt rescheduling and will receive oil from Saudi Arabia on deferred payments as part of its efforts to fill the $5…
THE International Monetary Fund (IMF),, says global growth is projected to remain unchanged at 3.2 percent in 2024 and 2025, as Inflation recedes. This is according to the IMF’s latest World Economic Outlook (WEO) Update Report for October 2024: “Policy…
International Monetary Fund (IMF) Managing Director, Kristalina Georgieva, on Thursday hailed China’s efforts in pursuing its climate goals, highlighting the country’s rapid progress propelled by sound policies. “China remains strongly committed to its climate goals,’’ she told the 2024…
THE Executive Board of the International Monetary Fund (IMF) has approved to lower the IMF’s borrowing costs for members by 36 per cent, or about 1.2 billion dollars annually. A statement, issued by the IMF Press Centre, said this was…
ActionAid has said the time is up for the International Monetary Fund (IMF) and the World Bank to stop perpetuating a colonial rule on the world. The call was made at the weekend as the two global financial institutions conclude…
THE global economic landscape in 2024 reveals a fascinating array of nations leading in wealth and prosperity for their citizens. This year’s lineup of the world’s most affluent countries, ranked by their GDP per capita PPP, offers a glimpse into…
