International Monetary Fund

By IndepthAfrica
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Aug 3rd, 2014
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There is a familiar argument that in the early stages of economic development, African countries do not need democracy. They just need command growth. Democracy will naturally follow. Southeast Asian countries, such as, South Korea are given as examples. However, command growth cannot lend itself to ...
By IndepthAfrica
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Jul 3rd, 2014
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By Temesgen Deressa and Amadou Sy Last month, Moody’s Investors Service assigned a debut sovereign rating of B1 to the government of Ethiopia. A B1 rating is equivalent to a B rating in Fitch Ratings’ scale, which is the agency that rates most African sovereigns. The rating puts Ethiopia on par with ...
By IAfrica
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Apr 22nd, 2014
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George Soros Horace Campbell WHEN the Constitutive Act of the African Union was written to implement the Sirte Declaration, there were three financial institutions that were established to facilitate inter-African trade. These were: the African Investment Bank (AIB), the African Monetary Fund (AMF) a...
By IndepthAfrica
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Feb 12th, 2014
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By Pambazuka News   By FikreJesus Amahazion   Nestled in the turbulent Horn of Africa (HOA) region, Ethiopia is Africa’s oldest independent modern nation-state and second most populous. [1]   The second poorest country in the world according to the United Nations Development Programme ...
By IndepthAfrica
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Dec 2nd, 2013
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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 News
Oct 14th, 2013
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By Omoh Gabriel & Emma Ujah, Washington DC At the conclusion of the 2013 World Bank annual meeting, yesterday, in Washington, Coordinating Minister for the Economy and Minister of Finance, Dr. Ngozi Okonjo-Iweala, lamented that Liechttenstein has continued to frustrate efforts by Nigeria to recov...
By IndepthAfrica
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May 21st, 2013
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By Susana Edjang The eight Millennium Development Goals (MDGs) that have driven the global development agenda, since September 2000, when Kofi Annan, then Secretary-General of the United Nations, and 191 member states surprised the world by unanimously agreeing and making, the Millennium Declaration....
By IndepthAfrica
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May 3rd, 2013
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Mark Tran, guardian.co.uk, Somali president expected to present plans for rebuilding military, police and justice systems, as civil society calls on nascent government to empower women and provide jobs On Tuesday next week, the UK hosts yet another big conference on Somalia, bringing together officia...
By IndepthAfrica
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Apr 28th, 2013
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After years of overlooking the real needs of the Somali people, it is significant change longed-for that Somalia’s statebuiling featured in the strategic agenda of the key actors of the International Community (IC), namely the G8 powers[1] in their ministerial meeting held in London on April 11, 2013...
By IndepthAfrica
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Feb 28th, 2013
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By John Young If the Sudanese opposition were to overthrow the NCP and come to state power the question posed here is what would be the major challenge to be faced the day after? Sudan is presently suffering an economic crisis and it can be assumed that with the overthrow of the NCP government, growi...