April 16
Africa: IMF Executive Board Endorses Reforms to Promote the IMF's Capacity to Support Countries Undertaking Debt Restructurings
The Executive Board of the International Monetary Fund (IMF) endorsed today the recommendations of the IMF staff paper "Policy Reform Proposals to Promote the Fund's Capacity to… Read more »
December 14, 2023
Somalia: IMF and World Bank Announce U.S$4.5 Billion in Debt Relief for Somalia
The Executive Boards of the International Monetary Fund (IMF) and the World Bank’s International Development Association (IDA) have approved[1] the Heavily Indebted Poor… Read more »
December 12, 2023
Cape Verde: IMF Executive Board Concludes the Third Review of the Extended Credit Facility Arrangement and Approves U.S.$31.45 Million Under the Resilience and Sustainability Facility for Cabo Verde
Washington, DC: The Executive Board of the International Monetary Fund (IMF) completed the Third Review of Cabo Verde's performance under the 36-month Extended Credit Facility… Read more »
December 05, 2023
Cote d'Ivoire: IMF Executive Board Completes the First Reviews of Côte d'Ivoire's Extended Credit Facility and Extended Fund Facility Arrangements
Washington, DC - December 4th, 2023: The Executive Board of the International Monetary Fund (IMF) completed the first reviews under the Extended Credit Facility (ECF) [1]… Read more »
November 01, 2023
Somalia: IMF Reaches Staff-Level Agreement With Somalia On a 36-Month Extended Credit Facility Arrangement
End-of-Mission press releases include statements of IMF staff teams that convey preliminary findings after a visit to a country. The views expressed in this statement are those of… Read more »
October 14, 2023
Africa: Transcript - African Finance Minister's Press Conference
PARTICIPANTS: Read more »
September 26, 2023
Africa: How to Avoid a Debt Crisis in Sub-Saharan Africa
Public debt in the region has risen to levels not seen in decades Read more »
July 17, 2023
Burundi: IMF Executive Board Approves a U.S.$271 Million 38-Month Arrangement Under the Extended Credit Facility for Burundi
Washington, DC: The Executive Board of the International Monetary Fund (IMF) approved a 38-month arrangement under the Extended Credit Facility (ECF) for Burundi with access of 130… Read more »
June 22, 2023
Zambia: IMF Managing Director Welcomes Debt Treatment Agreement Reached By Zambia and Its Official Creditors Under the G20 Common Framework
Washington DC: following the announcement of an agreement being reached by Zambia and its official creditors under the Group of 20 Common Framework, Ms. Kristalina Georgieva,… Read more »
December 05, 2022
Congo-Brazzaville: IMF Staff Reaches Staff-Level Agreement On the Second Review of the Extended Credit Facility Arrangement With the Republic of Congo
End-of-Mission press releases include statements of IMF staff teams that convey preliminary findings after a visit to a country. The views expressed in this statement are those of… Read more »
December 07, 2022
Somalia: IMF Executive Board Concludes 2022 Article IV Consultation and Fourth Review of the Extended Credit Facility for Somalia
Washington, DC: On December 5, 2022, the Executive Board of the International Monetary Fund (IMF) completed the fourth review of the Extended Credit Facility (ECF) arrangement for… Read more »
October 14, 2022
Africa: Economic Turmoil Brings Uncertainity to Continent
Sub-Saharan Africa is projected to grow by 3.6 percent in 2022 – more than one percentage point slower than 2021 mainly due to a worldwide slowdown, tighter financial… Read more »