Live Breaking News & Updates on International monetray fund

Stay informed with the latest breaking news from International monetray fund on our comprehensive webpage. Get up-to-the-minute updates on local events, politics, business, entertainment, and more. Our dedicated team of journalists delivers timely and reliable news, ensuring you're always in the know. Discover firsthand accounts, expert analysis, and exclusive interviews, all in one convenient destination. Don't miss a beat — visit our webpage for real-time breaking news in International monetray fund and stay connected to the pulse of your community

Bulls dominate PXS as benchmark index gains 436 points

Bulls dominate PXS as benchmark index gains 436 points

Pakistan , Karachi , Sindh , Saudi-arabia , Bata-pak , Philip-morris-pak , Worldcall-telecom , International-monetray-fund , Pakistan-stock-exchange , Silk-bank-ltd , Web-desk , Silk-bank

Emerging Markets Could Spark "Cryptoization" Of Local Economies, Threaten Financial Stability: International Monetary Fund (IMF)

Factors such as low credibility of central banks and weak domestic banking systems that can fuel "dollarization" can also contribute to growing crypto use, IMF added.

Vietnam , Republic-of , United-states , India , Pakistan , El-salvador , American , International-monetary-fund , Emerging-markets-could-spark , Cryptoization-of-local-economies , Threaten-financial-stability

Why Kenyans Fear a New IMF Loan

Why Kenyans Fear a New IMF Loan
The terrible impact of past IMF loans has made it clear to many Kenyans that yet another loan spells disaster.
Pictured above is Central Bank of Kenya. Due to COVID-19, Kenyans have been protesting online against IMF loans.
World2 hours ago
Never did I imagine that opposing an International Monetary Fund (IMF) loan to Kenya would be viewed by the Kenyan authorities as a criminal act. But that is exactly what transpired in early April when activist Mutemi Kiama was arrested and charged with âabuse of digital gadgetsâ, âhurting the presidencyâ, âcreating public disorderâ and other vaguely-worded offences. Mutemiâs arrest was prompted by his Twitter post of an image of President Uhuru Kenyatta with the following caption: âThis is to notify the world . . . that the person whose photograph and names appear above is not authorised to act or transact on behalf of the citizens of the Republic of Kenya and that the nation and future generations shall not be held liable for any penalties of bad loans negotiated and/or borrowed by him.â He was released on a cash bail of KSh. 500,000 with an order prohibiting him from using his social media accounts or speaking about COVID-19-related loans.

Argentina , Kenya , United-states , Egypt , Thika , Central , Lebanon , Ecuador , China , Nairobi , Nairobi-area , Saudi-arabia

Treasury pledges to IMF Covid cash audit release

Treasury pledges to IMF Covid cash audit release
Friday April 09 2021
By CONSTANT MUNDA
Summary
Kenya has pledged to lay bare how funds mobilised to fight the first wave of Covid-19 were spent by end of next month in a disclosure to the International Monetray Fund (IMF) amid the push for accountability and transparency from the multilateral lender.
Auditor-General Nancy Gathungu will publish an audit report on expenditure of Covid-related cash, including the $739 million (Sh79.8 billion) first International Monetary Fund (IMF) credit, Treasury secretary Ukur Yatani has said.
Kenya has pledged to lay bare how funds mobilised to fight the first wave of Covid-19 were spent by end of next month in a disclosure to the International Monetray Fund (IMF) amid the push for accountability and transparency from the multilateral lender.

Kenya , Kazi-mtaani , Patrick-njoroge , Nancy-gathungu , Ukur-yatani , International-monetary-fund , Department-for-social-protection , International-monetray-fund , Central-bank , African-development-bank , World-bank , General-nancy-gathungu