South Sudan moves to protect bank deposits with insurance scheme
Bank of South Sudan is seeking economy de-dollarisation to tame dollar speculation, improve local unit and lower cost of living.
Source: theeastafrican.co.ke
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Malawi needs more trade, investment, not aid
They came and are now back to their base in Washington DC after rating as “mixed” Malawi’s performance in the first review of the International Monetary Fund (IMF) Staff Monitored Programme with Executive Board Involvement. In a statement summing up the mission to Malawi from May 16 to 22, IMF Mission chief Mika Saito said
Source: mwnation.com
Zimbabwe commits to resolve debt, arrears
PRESIDENT Mnangagwa yesterday committed to resolve Zimbabwe's long overdue debt arrears, and re-engaging with development partners and creditors to reposition t...
Source: bulawayo24.com
IMF programme mixed on targets | The Nation Online
The International Monetary Fund (IMF) says Malawi has met implementation challenges during the first review of the Staff Monitored Programme with Executive Board Involvement (PMB), which gives hope for the country’s to qualify for the Extended Credit Facility (ECF). In a statement dated May 22 2023 released after the IMF team held discussions with Malawi
Source: mwnation.com
We're poor because of you, civil society tells IMF
Afrodad) executive director Jason Braganza last week told the fifth debt conference in Harare that the debt crisis affecting Zimbabwe and Africa was not by accident, but by design.
Source: thestandard.co.zw