The International Monetary Fund (IMF) has warned that escalating global trade tensions, spurred by a surge in tariffs, will shave 0.8 percentage points off global economic growth this year and next, pushing it down to 2.8% and 3.0% respectively. According to the IMF’s latest World Economic Outlook, the world is entering a period of economic […]
Ghana is set to receive an additional $370 million from the International Monetary Fund (IMF), following a successful staff-level agreement on the fourth review of the country’s economic reform program under the Extended Credit Facility (ECF). “IMF staff and the Ghanaian authorities have reached a staff-level agreement on the fourth review,” said Stéphane Roudet, IMF […]
The Executive Board of the International Monetary Fund (IMF) has approved a 48-month extended arrangement under the Extended Fund Facility (EFF) for Argentina amounting to SDR 15.267 billion (equivalent to about US$20 billion, or 479 percent of quota). The Executive Board’s decision allows the authorities an immediate disbursement of SDR 9.2 billion, equivalent to about […]
The International Monetary Fund (IMF) has urged the United States and its trade partners to address ongoing trade tensions, emphasizing the importance of resolving these disputes to prevent further harm to the global economy. IMF Managing Director Kristalina Georgieva made a call for constructive dialogue among nations, stating that while the IMF is still evaluating […]
Mozambique’s economic outlook for 2025 appears promising, with the International Monetary Fund (IMF) projecting a 3.0 percent growth rate. This follows a challenging 2024, during which economic activity suffered a sharp downturn in the final quarter due to social unrest, causing real GDP to decline significantly. An IMF delegation, led by Mr. Pablo Lopez Murphy, […]
