The Executive Board of the International Monetary Fund (IMF) today completed the fifth review of the US$3 billion, 39-month Extended Credit Facility (ECF) Arrangement, which was approved by the Board ...

A group of 121 leading economists and academics issued the following statement on ‘Sri Lanka’s Climate Crisis and IMF ...

The fiscal calculus underpinning Sri Lanka’s economic recovery has been fundamentally altered by Cyclone Ditwah, prompting a ...

The approval brings Ghana’s total disbursements under the US$3 billion IMF programme to about US$2.8 billion since the arrangement was approved in May 2023. The Fund in a statement on its website said ...

Ghana’s parliament has approved a $2.8bn debt restructuring framework with 25 creditor countries, including China and France. This move is designed to reduce the debt-to-GDP ratio to 55% and cut ...

Sri Lanka is expected to pay over 25% of its total revenue in debt servicing every year at a time when Ditwah, as per early ...

The Executive Board of the International Monetary Fund (IMF) approved a disbursement of SDR150.5 million (about US$206 million, equivalent to 26 percent of quota) for Sri Lanka under the Rapid ...

The International Monetary Fund is often the last stop for countries in financial distress. When national reserves dry up or inflation spins out of control, the IMF steps in with loans meant to ...

There are strong indications that the IMF Board will approve Ghana’s Fifth Programme Review and authorise the disbursement of about $380 million to the Bank of Ghana. JoyBusiness understands that the ...

The International Monetary Fund (IMF) has projected Sri Lanka’s gross official reserves to grow 7% year-on-year (YoY) to $ 6.55 billion by end-2025, suggesting a year of incremental reserve ...

A newly released International Monetary Fund (IMF) report says Ghana’s economic stability is highly sensitive to fluctuations ...