Imf News

Sudan's economic decline provides fuel for anger against Bashir

Unemployment rose from 12 percent in 2011 to around 20 percent in recent years, with youth unemployment at more than 27 percent, according to Imf and World Bank estimates.

Reuters , Africa Feb 21, 2019

Women and Tech: Exploring technology, critical to women’s world — Haastrup

Recently, Managing Director, International Monetary Fund, Imf, Christine Lagarde said during its annual general meeting that 26 million women would lose jobs to technology.

Vanguard News , Nigeria Feb 21, 2019

Zimbabwe launches new currency measure in bid to ease economic crisis

Zimbabwe has not had a local currency since 2009 when it abandoned the Zimbabwe dollar due to hyperinflation that reached 500 billion percent, according to the Imf.

IOL , South Africa Feb 20, 2019

Zambian finance minister orders clean up of public payroll

The International Monetary Fund (Imf) has raised concerns over high borrowing by Africa’s second largest copper producer.

Reuters , Africa Feb 20, 2019

Normalised national currency as growth elixir | The Guardian Nigeria News - Nigeria and World News

Reactions ranging from hand-wringing to fatalistic acceptance have trailed the downward review by International Monetary Fund (Imf) of Nigeria’s 2019 growth rate from 2.3 per cent (which the Imf itself had soothsaid in October 2018) to 2.0 per cent last month on account of softening crude oil prices in the intervening period.

The Guardian , Nigeria Feb 19, 2019

CBK expected to maintain cautious monetary stance

The use of the base rate to price private sector loans has not been without critics, however, with the International Monetary Fund (Imf) saying in the past that this has had the effect of diluting the transmission of monetary policy measures in Kenya.

Business Daily Africa , Kenya Feb 19, 2019

Germany emerges country with world’s largest current account surplus in 2018

The Imf has made similar recommendations.

Punch , Nigeria Feb 19, 2019

Fireballs and lights: Senegal's president promises a brighter future

The Imf has maintained a “low” risk rating on Senegalese debt, but urged it to keep a lid on borrowing.

Reuters , Africa Feb 19, 2019

Fireballs and lights - Senegal's president promises a brighter future

The Imf has maintained a “low” risk rating on Senegalese debt, but urged it to keep a lid on borrowing.

Reuters , Africa Feb 19, 2019

Elections: Atiku slams N2bn suit against Buhari, demands apology

“That according to a recent report released by International Monetary Fund, Imf, on February 28, 2018, Nigerians are getting poorer despite the country’s slow recovery from a devastating recession.” ‘Illegal’ CJN Atiku further told the court that Buhari’s desecration of the judicial process of the nation, led to high tension and democratic instability in the country.

Vanguard News , Nigeria Feb 19, 2019