IMF approves Zim Staff-Monitored Program
“Sustained policy efforts will help entrench macroeconomic stability, deepen confidence in the ZiG, enhance foreign exchange market functioning, rebuild reserve buffers, and reinforce the foundations for durable and inclusive growth,” the IMF said.
IMF, World Bank, IEA coordinate to curb economic fallout of the Iran war
“The impact is substantial, global, and highly asymmetric, disproportionately affecting energy importers, in particular low-income countries,” according to a statement from the heads of the three institutions.
Mozambique clears $701 million debt to the IMF
Mozambique has cleared its $701 million debt to the International Monetary Fund (IMF), according to Standard Bank, the largest bank in Africa.