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Executive Board of the International Monetary Fund Approves New Three-year Extended Credit Facility for Burundi
The Executive Board of the International Monetary Fund (IMF) approved on January 27, 2012 a new three-year, SDR 30 million (about US$46.5 million) arrangement for Burundi under the Extended Credit Facility (ECF) aimed at consolidating the gains made in...
International Monetary Fund to Meet with Nigeria’s Coordinating Minister for the Economy, Dr Ngozi Okonjo Iweala
The International Monetary Fund (IMF) is to meet with Nigeria’s Coordinating Minister for the Economy, Dr Ngozi Okonjo Iweala, on the state of the nation’s economy and a round table on Africa’s future. How People Arrived Here: nigeria international...
International Monetary Fund Concerned About Slowdown in Senegal’s Economy
After a slight economic recovery in 2010, Senegal recorded in 2011, a slowdown in its economic activity due to the perennial power cuts, the International Monetary Fund (IMF) said here on Wednesday, at the end of its fact-finding mission, which was in...
African Development Bank is in Zimbabwe to Assess the Country’s Economic Needs
A team of experts from the African Development Bank (AfDB) is in Zimbabwe to assess the country’s economic needs, the financial institution said in a statement Sunday.
Mozambique to Set Mandatory Retail Profit Margins on Basic Foods
Mozambique’s government has approved legislation to set profit margins for retailers at between 10 percent and 25 percent, local reports suggest on Wednesday.
Ivorian Government Post-crisis Achievements Praised
A joint delegation from the International Monetary Fund (IMF) and the World Bank (WB), who were on a two-week mission to Ivory Coast has commended the efforts made by the new government after the country’s five-month post-election crisis in which over...
Tajikistan to Proceed with Rogun Hydroelectric Dam
According to Tajikistan’s Finance Ministry, next year the government will assign more than $223 million of budgetary funds to continue construction of the Rogun hydroelectric facility.
Mongolia Energy Riches Attract Neighbors And Outside Interests
Pity poor Mongolia, bereft of fiscal resources, caught between the ambitions of its superpower neighbors, Russia and China. Ulaan Bator’s situation is akin to interwar Poland, dexterously attempting to reconcile its foreign policy between the USSR’s...
