IMF

Copenhagen (13/11 – 37.5) When Ranil Wickremesinghe took over as Sri Lanka’s president in July after a popular uprising ousted his predecessor, the South Asian island nation was engulfed in…

Brussels (08/11 – 50) On March 20, the IMF approved a $3 billion Extended Fund Facility (EFF) to support Sri Lanka amid its economic crisis. The approval is expected to…

Berlin (3/11 – 40) Sri Lankan President Ranil Wickremesinghe will visit China in the upcoming week as the crisis-hit country makes progress on debt restructuring talks with its biggest lender. Wickremesinghe took office in July last year, after…

The International Monetary Fund (IMF) said its executive board approved $1.3 billion for Morocco under the resilience and sustainability facility arrangement. The arrangement will help Morocco address climate vulnerabilities, increase…

Rabat – The International Monetary Fund (IMF) has reached a staff-level agreement with Morocco to provide a significant $1.3 billion loan, IMF Managing Director Kristalina Georgieva told Reuters in an…

An Egyptian lawmaker has revealed that the first review by the International Monetary Fund (IMF) of Egypt’s economic reform program, initially scheduled for September, has been postponed for the second…

Tunisia is now the African country facing the highest default risk as the government remains reluctant to implement reforms to be eligible for an IMF package of $2 billion. With…

For more than half a century, the International Monetary Fund (IMF) and the World Bank (WB) have not held a meeting in Africa. Morocco will be in charge of breaking that…

With large debt repayments due soon, Tunisia is facing the threat of sovereign default unless the government agrees to devalue the currency and embark on a large fiscal consolidation, meeting…

Sri Lanka has gazetted a new anti-corruption bill that is in line with the conditions listed by the International Monetary Fund (IMF) before approving the $2.9 billion loan to bail…