Page 149 - Imf News Today

“SERAP notes that your government has a sacred duty to ensure that the country’s loans including those obtained from the IMF are transparently and accountably used solely for the purposes for which the loans are obtained, and for the effective development of public goods and services as well as the general public interests.”

Egypt and the International Monetary Fund (IMF) are in the final stages of discussions concerning the continuation of the country’s loan programme, Managing Director Kristalina Georgieva revealed on 2 February. "We are in this very last stretch when we are working on the details of implementation... We are very close. So we are not talking

WASHINGTON: The IMF sees a greater risk to the global economy if central banks start cutting interest rates too soon...

The worlds great and good seem to have it in for dear old Blighty. Barely a month goes by without some grand panjandrum from a global institution having a pop. The IMF was the latest.

Energy ministry proposed settling the debt without increasing tariff and without having any impact on budget

An explosion occurred outside the Election Commission of Pakistan (ECP) office in Karachi ahead of the general elections, with no casualties reported. The ECP has requested reports on the blast and confirmed that the elections will be held as scheduled.

$6.4 billion cut in deficit now equals 78% of existing foreign exchange reserves

EDITORIAL: The fiscal summary is a mixed bag in 1HFY24 (first six months of fiscal year 2023-24) as the government...

Despite outflows due to foreign debt repayment, the reserves remain robust

The Sh200 billion bagged by National Treasury in climate initiatives will help offset part of Kenya’s funding needs.