July 17, 2023
Kenya: IMF Executive Board Completed the Fifth Reviews of Kenya's Extended Fund Facility and Extended Credit Facility Arrangements and Approves Arrangement Under the Resilience and Sustainability Facility
Washington, DC: The Executive Board of the International Monetary Fund (IMF) today completed the fifth reviews under the Extended Fund Facility (EFF) and the Extended Credit… Read more »
July 06, 2023
Mozambique: IMF Executive Board Completes the Second Review Under the Extended Credit Facility Arrangement for the Republic of Mozambique
The Executive Board of the International Monetary Fund (IMF) completed the Second Review under the three-year ECF arrangement for Mozambique. [1] This allows for the immediate… Read more »
July 05, 2023
Niger: IMF Executive Board Concludes the Third Review of Niger's Extended Credit Facility Arrangement and Approves U.S.$ 131.5 Million Under the Resilience and Sustainability Facility Arrangement
Washington, DC: Today, the Executive Board of the International Monetary Fund (IMF) completed the Third Review of Niger's economic and financial program supported by the Extended… Read more »
June 26, 2023
Senegal: IMF Executive Board Approves U.S.$1.51 Billion Under the Extended Fund Facility and Extended Credit Facility, and U.S.$324 Million Under the Resilience and Sustainability Facility for Senegal
The Executive Board of the International Monetary Fund (IMF) today approved a 36-month Extended Credit Facility (ECF) and Extended Fund Facility (EFF) of SDR 1.132 billion (about… Read more »
Africa: Three Uncomfortable Truths for Monetary Policy
Introduction 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 »
Madagascar: IMF Executive Board Concludes the Fourth Review Under the Extended Credit Facility Arrangement for the Republic of Madagascar
Washington, DC: The Executive Board of the International Monetary Fund (IMF) completed yesterday the fourth review of Madagascar's economic program under the Extended Credit… Read more »
Africa: IMF Managing Director Remarks At the Summit for a New Global Financing Pact
Thank you, President Macron, for hosting this Summit and for bringing such incredible energy to these important issues of debt, climate and financing for development. Read more »
June 21, 2023
Rwanda: Rwanda, Team Europe and Partners Pioneer an Additional Eur 300 Million Financing to Crowd in Private Investment and Build Climate Resilience Following Resilience and Sustainability Facility Arrangement With the International Monetary Fund
Washington, DC - June 22, 2023: Building on the Resilience and Sustainability Facility with the International Monetary Fund, the Government of Rwanda, together with the Agence… Read more »
June 15, 2023
Ghana: IMF Staff Concludes Visit to Ghana
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 »
June 12, 2023
Libya: After a Decade-Long Hiatus, IMF Surveillance Resumes in Libya
The success of reforms hinges on achieving a stable political and security environment and developing institutional capacity Read more »
Gambia: IMF Executive Board Completes the Sixth and Final Review Under the Extended Credit Facility Arrangement for the Gambia and Approves U.S.$ 6.66 Million Disbursement
Today, the Executive Board of the International Monetary Fund (IMF) completed the sixth and final review under The Gambia's Extended Credit Facility (ECF) arrangement. The… Read more »
June 05, 2023
South Africa: IMF Executive Board Concludes 2023 Article IV Consultation With South Africa
Washington, DC : On May 22, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation [1] with South Africa. Read more »
May 24, 2023
Ghana: Transcript of IMF Press Briefing On Ghana
PARTICIPANTS: Read more »
May 17, 2023
Ghana: IMF Executive Board Approves U.S.$3 Billion Extended Credit Facility Arrangement for Ghana
Washington, DC: The Executive Board of the International Monetary Fund (IMF) approved a 36-month arrangement under the Extended Credit Facility (ECF) in an amount equivalent to SDR… Read more »
Benin: IMF Approves U.S.$68 Million Disbursement for Benin
Washington, DC: On May 17, 2023, the Executive Board of the International Monetary Fund completed the Second Review of Benin's Fund-supported program. The 42-month blended EFF/ECF,… Read more »
May 16, 2023
Africa: Tackling High Inflation in Emerging Markets
Speech at Annual Conference of the Central Bank of Brazil, Brasilia Read more »
May 04, 2023
Eswatini: IMF Executive Board Concludes 2023 Article Iv Consultation With Kingdom of Eswatini
Washington, DC: On May 3rd, 2023, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation[1] with the Kingdom of Eswatini. Read more »
May 03, 2023
Sierra Leone: IMF Staff Reaches Staff-Level Agreement With Sierra Leone On the Sixth and Seventh Reviews of the Extended Credit Facility
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 »
April 28, 2023
Central African Republic: IMF Executive Board Approves a U.S.$191.4 Million Extended Credit Facility Arrangement With the Central African Republic
Washington, DC: The Executive Board of the International Monetary Fund (IMF) today approved a 38-month Extended Credit Facility (ECF) arrangement of SDR 141.68 million (about… Read more »
April 25, 2023
Tanzania: IMF Executive Board Completes the First Review Under the Extended Credit Facility Arrangement and Concludes the 2023 Article Iv Consultation With Tanzania
Washington, DC - April 24, 2023: Today, the Executive Board of the International Monetary Fund (IMF) completed the first review of the Extended Credit Facility (ECF) Arrangement… Read more »
April 16, 2023
Africa: African Consultative Group Meeting - Statement By African Caucus Chair and Managing Director of IMF
Mr. Olavo Correia, Cabo Verde's Vice Prime Minister and Minister of Finance and Chair of the African Caucus and Ms. Kristalina Georgieva, Managing Director of the International… Read more »
April 14, 2023
Africa: IMF's Sub-Saharan Africa Regional Economic Outlook The Big Funding Squeeze
Growth in sub-Saharan Africa (SSA) is expected to slow to 3.6 percent as a "big funding squeeze", tied to the drying up of aid and access to private finance, hits the region. This… Read more »
Africa: Transcript of the April 2023 African Department Press Briefing
PARTICIPANTS: ABEBE AEMRO SELASSIE, Director, African Department, International Monetary Fund and TATIANA MOSSOT, Senior Communications Officer, International Monetary Fund Read more »
April 11, 2023
Africa: Statement From International Monetary Fund Managing Director, COP28 President-Designate, and UN Special Envoy for Climate Action and Finance
Kristalina Georgieva, Managing Director of the International Monetary Fund, Dr. Sultan Al Jaber, COP28 President-Designate, and Mark Carney, UN Special Envoy for Climate Action and… Read more »