Tag Archives: IMF

IMF projects improved growth for Africa but debt and limited taxes still prompt concern (AB)

Following a series of setbacks in recent years, including the pandemic, record inflation, tighter monetary policy, and escalating debt burdens, Africa’s economy is now rebounding. The International Monetary Fund (IMF) projects that the continent’s economic growth will reach 3.5% in 2024 and 4% in 2025. “Nearly two thirds of the countries on the continent are […]
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Development funds dash for donor cash at World Bank and IMF meetings (FT)

Policymakers at the World Bank and IMF spring meetings this week will grapple over more funds for debt-strapped nations and development goals as global crises stretch aid budgets. The International Development Association, the World Bank’s $200bn lending arm to the world’s poorest countries, is leading a wave of fundraising this year for “replenishment” of the […]
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Anti-LGBT+ law puts Ghana’s IMF and World Bank funding at risk, finance ministry warns (FT)

Implementing an anti-LGBT+ law passed by Ghana’s parliament could derail the west African country’s funding from multilateral institutions, including the World Bank and IMF, the finance ministry has warned. Ghana, which is seeking to recover from its worst economic crisis in a generation, could lose $3.8bn in World Bank financing over the next five to […]
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African nations dominate top 10 economic growth spots in 2024 (M0neyweb)

Africa faces economic headwinds this year, but some of the continent’s brightest sparks are shading it in a more hopeful light. Six of the top-10 performing economies in the world are forecast to come from Sub-Saharan Africa in 2024, according to the International Monetary Fund. Their smaller size won’t be enough to make up for […]
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