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Tuesday, May 7, 2024

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IMF

Indian Ocean Region

Seychelles’ Economic Recovery Has Remained Very Strong In 2022, Says IMF

Staff -
The Executive Board of the International Monetary Fund (IMF) completed the third review of Seychelles' economic performance on Thursday, which allows the island nation...
Global

Sri Lanka Owes China Nearly 20% Of Its External Debt

Vaishali Shastri -
Sri Lanka has a debt of $7.4 billion, almost a fifth of its public external debt, which it owes to Chinese lenders, said a...
World

Zimbabwe In Talks With World Bank, IMF On Paying Off International Debt

Vaishali Shastri -
Zimbabwe is in talks with the World Bank and International Monetary Fund regarding the way to remove its debts with international financial institutions. Finance...
Global

Global Inflation: “Horrifying” Food Insecurity Raises Alarm in Africa

Vaishali Shastri -
Africa’s central banks are struggling to subside inflation which is going uncontrolled. The inflation has caused “horrifying” food insecurity, warned the International Monetary Fund's...
Local News

Mauritius Invited To Attend G20 Summit In India

Staff -
Indian Prime Minister Narendra Modi has invited Mauritian Prime Minister Pravind Jugnauth to the G20 summit to be held in Delhi in September 2023....
Global

India To Preside Over G20 Summit In September 2023

Vaishali Shastri -
India will play host to G20 Leaders’ Summit which is scheduled to be held on 09 and 10 September 2023 in New Delhi. India...
Global

Gambia Takes A Leaf From Seychelles’ State Owned Enterprises

Staff -
Recently, a ten-strong Gambian delegation concluded a mission to the Seychelles, as the Ministry of Finance and Economic Affairs of Gambia readies to establish...
World

IMF Board Grants $1.1 Billion To Pakistan As Bailout Funds

Rohan Ramesh -
The International Monetary Fund (IMF) board approved the seventh and eighth reviews of Pakistan's bailout programme, allowing for a release of over $1.1 billion...
Indian Ocean Region

IMF Team In Colombo For Assessing Sri Lanka’s Debt Burden

Staff -
The IMF is looking not only at the at the restructuring of Sri Lanka’s external debt but the huge domestic debt burden as well...
Global

IMF Predicted Saudi Arabia’s Economy Set To Grow Faster Than US

Staff -
In a report published on Wednesday, the IMF predicted that the kingdom’s GDP will grow by 7.6% in 2022, the fastest rate of expansion in nearly...
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