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IMF approves $739 mln loan for Kenya to limit coronavirus impact

Nairobi - The International Monetary Fund-IMF has approved a US$739 loan to Kenya, to help the country in addressing the economic impact of Covid-19. In...

COVID-19 Pandemic: IMF Approves US$491.5 Million Loan for Uganda

KAMPALA - Uganda will receive an emergency loan worth $491.5 million from the International Monetary Fund-IMF to help cushion its economy from the impact...

World faces worst time since Great Depression: IMF’s Georgieva

Washington - The global coronavirus pandemic is causing an economic crisis unlike any in the past century and will require a massive response to ensure...

IMF chief Georgieva tells women: Don’t accept less!

Washington - Women around the world take on far more unpaid work than men but what they should never do is agree to a...

Africa poses critical challenge for World Bank, IMF

Washington - Global heat maps of extreme poverty show Africa in deep red. And the problem will only accelerate as population on the continent grows...

IMF’s Lagarde: Resolving trade tensions ‘immediate priority’ for G20

The global economy is at a "delicate juncture" which will require central banks to maintain stimulus and governments to resolve trade disputes quickly, the...

IMF board approves $2 bn loan installment for Egypt

Washington - The International Monetary Fund board on Monday approved a $2 billion loan payment to Egypt, the latest in the country's three-year aid...

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