Uganda

Uganda’s economy growing well but significant risks persist, World Bank says

The World Bank said on Thursday the economy of Uganda continues to grow, driven by strong levels of domestic consumption and sustained levels of public and private investment."Net Foreign Direct Investment inflows...

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IMF’s Georgieva says second round of support coming to Africa but Oxfam argues debt cancelation the only way out of COVID-19 turmoil

The Managing Director of the International Monetary Fund (IMF) Ms. Kristalina Georgieva said on Wednesday that...

South Africa launches $6 billion COVID-19 employment stimulus

South Africa has launched a $6 billion (R100 billion) COVID-19 employment stimulus to be implemented over the next three years.

Principality of Andorra becomes IMF’s 190th Member

The Principality of Andorra joined the International Monetary Fund (IMF) on Friday, becoming the Fund's 190th member.Ambassador...

Eradicating extreme poverty by 2030 now highly unlikely amid COVID-19 – Report

Prospects for fully eradicating extreme poverty by 2030 now appear highly unlikely, even under the most optimistic scenarios, according to a...

IMF’s Georgieva says second round of support coming to Africa but Oxfam argues debt cancelation the only way out of COVID-19 turmoil

The Managing Director of the International Monetary Fund (IMF) Ms. Kristalina Georgieva said on Wednesday that the Washington DC-based institution is...

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