IMF

By IndepthAfrica
In Article
Dec 2nd, 2013
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154 Views
Dr. Daniel Teferra* The Ethiopian government and some external organizations claim that Ethiopia has recently become one of the fastest growing economies in the world. The International Monetary Fund (IMF) in its October 2013 report concludes that Ethiopia’s “robust economic growth in recent years ha...
By IndepthAfrica
In Article
Feb 15th, 2013
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23 Views
By: John Muchira Fears that construction of a mega hydroelectric plant in Ethiopia could stall owing to financial constraints have forced the authorities to turn to desperate measures to raise funds. To ensure implementation of the Grand Renaissance dam project remains on course, the Ethiopian govern...
By IndepthAfrica
In Egypt
Nov 30th, 2012
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48 Views
Amr Adly The Egyptian government has finally concluded an initial loan agreement with the International Monetary Fund (IMF) following two years of continual negotiations. The agreement is to be finalised by the IMF board and then signed and ratified by the Egyptian president who holds both executive ...
By IndepthAfrica
In Article
Nov 1st, 2012
2 Comments
45 Views
Comrades from Cairo Dear friends, In the coming period we will again be facing a familiar enemy that many of you have and continue to battle. International financial institutions like the IMF have long had a hand in plundering the Egyptian economy and dispossessing the Egyptian people. We aim to resi...
By IndepthAfrica
In Article
Sep 10th, 2012
0 Comments
41 Views
Karim Malak , opendemocracy The proposed $4.8bn IMF loan to Egypt sparked a heated controversy. While the Government claims the funds are absolutely necessary to rebuild the country’s economy, opponents warn against potentially disastrous, far-reaching consequences. Their arguments are summaris...
By IndepthAfrica
In IMF
May 15th, 2012
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61 Views
he International Monetary Fund (IMF) today released the May 2012 Regional Economic Outlook: Sub-Saharan Africa . Ms. Antoinette Monsio Sayeh, Director of the IMF’s African Department, commented on the report’s main findings: “Despite difficult external conditions, output in sub-Saharan Af...
By IndepthAfrica
In Article
Apr 6th, 2012
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43 Views
Sharif Abdel Kouddous The Egyptian economy will need of some kind of financial aid within the next few months to avoid a severe downturn. Egypt is teetering on the edge of an economic crisis. Cast adrift in a deepening political quagmire over the past fourteen months, the economy has now reached a cr...
By IndepthAfrica
In IMF
Mar 13th, 2012
1 Comment
50 Views
An International Monetary Fund (IMF) mission, led by Mr. Peter Allum, visited Dar es Salaam during March 1–14, 2012 to conduct discussions for the fourth review under the Policy Support Instrument (PSI).1 The mission met with Finance Minister Mkulo, Bank of Tanzania Governor Ndulu, and other senior o...
By IndepthAfrica
In Press Releases
Feb 28th, 2012
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21 Views
ABUJA, Nigeria, February 28, 2012/African Press Organization (APO)/ — On February 22, 2012, the Executive Board of the International Monetary Fund (IMF) concluded the 2011 Article IV consultation with Nigeria.1 Background Economic growth remains strong in Nigeria, with non-oil real gross domest...
By IndepthAfrica
In
Jan 24th, 2012
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Angola does not plan to request a new loan from the International Monetary Fund after the end of its $1.4 billion standby agreement later this year, the country’s economy minister said on Monday. “We don’t intend to resort to a new line from the IMF. More than the resources which th...