Posts Tagged With: IMF

IMF Mission Reaches Staff-Level Agreement with Ghana on an Extended Credit Facility Arrangement

ACCRA, Ghana, February 26, 2015/African Press Organization (APO)/ — A team from the International Monetary Fund (IMF), led by Joel Toujas-Bernaté, visited Accra during February 19−26, 2015 to discuss the authorities’ economic and financial program and possible financial support by the IMF. The mission reached staff-level agreement with the authorities, subject to approval by IMF […]

Categories: AFRICA, African Press Organization, ECONOMY, Ghana | Tags: , | Leave a comment

IMF Executive Board Approves US$497.1 Million Stand-by Arrangement and US$191.2 Million Stand-by Credit Facility for Kenya

On February 2, 2015, the Executive Board of the International Monetary Fund (IMF) approved a SDR 352.82 million (about US$497.1 million) Stand-By Arrangement and a SDR 135.7 million (about US$191.2 million) arrangement under the Stand-By Credit Facility1 (SBA/SCF) for Kenya for a combined SDR 488.52 million (about US$688.3 million or 180 percent of Kenya’s quota).

Categories: AFRICA, African Press Organization, ECONOMY, Kenya | Tags:

Statement by IMF Managing Director Christine Lagarde at the Conclusion of a Visit to Senegal

Ms. Christine Lagarde, Managing Director of the International Monetary Fund (IMF), issued the following statement in Dakar today at the conclusion of her visit to Senegal

Categories: AFRICA, African Press Organization, ECONOMY, Senegal | Tags:

Statement by IMF Managing Director Christine Lagarde at the Conclusion of a Visit to Rwanda

Ms. Christine Lagarde, Managing Director of the International Monetary Fund (IMF), issued the following statement in Kigali today at the conclusion of her visit to Rwanda

Categories: AFRICA, African Press Organization, Rwanda | Tags:

Madagascar : IMF Executive Board Concludes Article IV Consultation

On January 16, 2015, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation1 with Madagascar.

Categories: AFRICA, African Press Organization, ECONOMY, Madagascar | Tags:

IMF’s East AFRITAC Holds Regional Workshop on Micro Prudential Stress Testing

The International Monetary Fund’s Africa Regional Technical Assistance Center for Eastern Africa and The Macroeconomic and Financial Management Institute for Eastern and Southern Africa conducted a regional workshop on micro prudential stress testing from January 12–16, 2015 in Addis Ababa, Ethiopia.

Categories: AFRICA, African Press Organization, ECONOMY, Ethiopia | Tags: