The International Monetary Fund on Friday confirmed it was in talks with Argentina about a new $20 billion, four-year loan program to support the country's economic reform program. "Progress on the new program is very advanced and engagement continues at all levels to finalize an agreement that will help Argentina consolidate its already successful economic…

Figures from the Central Bank of Nigeria (CBN) indicate that the amount Nigeria dedicates to service its debts halved from $540 million in January to $276 million in February this year.

The International Monetary Fund on Thursday welcomed the new Lebanese government's request for support in addressing severe economic challenges. Lebanon in January elected a new president after a more than two-year vacuum, and then formed a government led by Prime Minister Nawaf Salam. In February the IMF said it was open to a new loan…

A fairer assessment of why the armed forces seized power was not to be found in their success or failure to deliver but in the various factors and events preceding the intervention … There exists a world of difference between engineering a nation and ruling it

Rising foreign direct investment (FDI) inflow and fast-growing gross domestic product (GDP) are indicators that the Nigerian economy is regaining its lost grounds faster than anticipated by analysts. With the international finance community

IMF chief Kristalina Georgieva pledged to support Sri Lanka's economic recovery, praising the cash-strapped nation's "remarkable turnaround" during online talks with its president. The International Monetary Fund Managing director promised unspecified help to the South Asian nation during a virtual meeting with President Anura Kumara Dissanayake, his office said Saturday. "The economy has stabilised and…

Sri Lanka's fragile economic recovery could be hampered by threatened trade union strikes over reduced benefits for government employees in this year's budget, the International Monetary Fund warned on Tuesday. Leftist President Anura Kumara Dissanayake's maiden budget raised public sector salaries but also made deep cuts to longstanding perks in a continuing effort to repair…

With the gradual cooling of wages and energy prices expected to decline in 2025, headline inflation will continue to decelerate, the International Monetary Fund (IMF) has said.

The IMF plans to unveil a new loan agreement with Egypt for approval by its board, the global lender's communications chief said Thursday, as the country looks to strengthen its economy. "A policy package of reforms will be considered by the Fund's executive board, along with the fourth review of Egypt's program," International Monetary Fund…

The World Bank and the International Monetary Fund (IMF) have urged the Federal Government and the Central Bank of Nigeria (CBN), to adopt a coordinated strategy to curb inflation in the country. Nigeria has faced a consistent rise in inflation over the past three years, fueled by the rise in food and energy prices. The…

The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has said Nigeria has no reason to approach the International Monetary Fund (IMF) for loans. While speaking on the sidelines of the ongoing World Economic Forum (WEF) in Davos, Switzerland, on Thursday, Edun said Nigeria does not have a balance of payments problem…

In 2024, France’s military and exploitative economic strangleholds were expelled from the African continent through actions in Niger, Mali, Burkina Faso where military coups have been responsible for regime changes and the birth of the Alliance of Sahel States