IMF chief to G20 leaders: jointly build foundations for better 21st century global economy

International Monetary Fund (IMF) Managing Director Kristalina Georgieva on Sunday urged G20 leaders to jointly build the foundations for a better 21st century global amid a devastating coronavirus pandemic.Speaking at a virtual meeting of G20 leaders’ summit hosted by...

Atiku: I received the news Nigeria has entered another recession with a “very heavy heart”

It is with a very heavy heart that I received the confirmation that for the second time in five years, Nigeria has entered into another recession. Heaviness of heart, because this could have been avoided had this administration taken...

South African President to G20: Time to double your support for Africa amid a ravaging COVID-19 economic crisis

South Africa's president Cyril Ramaphosa told the G20 leaders during a virtual summit on Saturday that Africa was in need of more help amid a ravaging coronavirus pandemic that has killed tens of thousands of people on the continent...

Ramaphosa to lead South African delegation at virtual G20 leaders’ summit

President Cyril Ramaphosa will lead the South African delegation to the virtual G20 Leaders' Summit between Saturday, November 21, and Sunday, November 22, 2020.The G20 Leaders' Summit is convened by the Kingdom of Saudi Arabia with a focus...

IMF disburses $10 million to Somalia

The Executive Board of the International Monetary Fund (IMF) on Wednesday completed the first review of the Extended Credit Facility (ECF) arrangement for Somalia. The Board’s decision enabled the immediate disbursement of about US$10 million, bringing Somalia’s total disbursements...

IMF Staff Completes Review Mission to Senegal

A staff team from the International Monetary Fund (IMF), led by Ms. Corinne Deléchat, conducted a virtual mission from November 5-16, 2020 and engaged in discussions as part of the second review of the IMF’s Policy Coordination Instrument (PCI)...

One million international students studied at U.S. institutions in 2019/2020 academic year and contributed $44 billion to U.S. economy

In the academic year 2019/2020, more than one million international students studied at U.S. institutions of higher education for the fifth year in a row, contributing $44 billion to the U.S. economy, and supporting over 455,000 U.S. jobs last...

IMF approves disbursement of $51.28 million for Burkina Faso

The Executive Board of the International Monetary Fund (IMF) on Friday approved the disbursement of $51.28 million loan money for Burkina Faso.The release, under the Extended Credit Facility (ECF), brings the total disbursements under the arrangement to $152.58 million.It...

IMF approves $52.3 million disbursement to South Sudan to address COVID-19

The Executive Board of the International Monetary Fund (IMF) on Wednesday approved a disbursement of $52.3 million to South Sudan under the Rapid Credit Facility (RCF) to respond to COVID-19 economic fallout.The loan is the first Fund supported financial assistance...

IMF extends debt service relief for Mali initially delayed due to August 18 coup d’état

The Executive Board of the International Monetary Fund (IMF) on Friday approved a second six-month tranche of debt service relief for Mali under the Catastrophe Containment and Relief Trust (CCRT) without a meeting.The approval follows the first six-month tranche...

Latest News

Atiku: I received the news Nigeria has entered another recession with a “very heavy heart”

It is with a very heavy heart that I received the confirmation that for the second time in five...

Atiku: I received the news Nigeria has entered another recession with a “very heavy heart”

It is with a very heavy heart that I received the confirmation that for the second time in five years, Nigeria has entered into...

South African President to G20: Time to double your support for Africa amid a ravaging COVID-19 economic crisis

South Africa's president Cyril Ramaphosa told the G20 leaders during a virtual summit on Saturday that Africa was in need of more help amid...

Ramaphosa to lead South African delegation at virtual G20 leaders’ summit

President Cyril Ramaphosa will lead the South African delegation to the virtual G20 Leaders' Summit between Saturday, November 21, and Sunday, November 22, 2020....

IMF disburses $10 million to Somalia

The Executive Board of the International Monetary Fund (IMF) on Wednesday completed the first review of the Extended Credit Facility (ECF) arrangement for Somalia....
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