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Monday, February 26, 2024

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

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

Sri Lanka Owes China Nearly 20% Of Its External Debt

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...

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

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 Inflation: “Horrifying” Food Insecurity Raises Alarm in Africa

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...

Mauritius Invited To Attend G20 Summit In India

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

India To Preside Over G20 Summit In September 2023

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

Gambia Takes A Leaf From Seychelles’ State Owned Enterprises

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...

IMF Board Grants $1.1 Billion To Pakistan As Bailout Funds

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...

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

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...

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

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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