Imf articles
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The worst is over for Ghana’s economy – IMF Mission Chief
IMF Mission Chief for Ghana Stéphane Roudet, has indicated that Ghana’s economy has seen its worst level and it’s now set for full recovery. However, he maintained this projection is based on the “government continuing to implement the IMF programme the way it has been done over the past year, then we can say that […]
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The IMF Outlines Four Primary Goals for Egypt’s Economic Stability
The International Monetary Fund (IMF) has drafted a comprehensive strategy to enhance Egypt’s macroeconomic stability and promote private sector growth in Egypt. The plan outlines four elements, which are monetary and fiscal policy tightening, flexible exchange rate, targeted budget support for households, and balancing the roles of the public and private sectors. In December 2022, the IMF approved a 46-month arrangement fund to Egypt worth USD 3 billion (EGP 145.7 billion), which was later...
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IMF chief warns of emerging market risk with high U.S. interest rates
The benchmark rates of most advanced economies soared in recent years, as central banks aimed to tame inflation following the Covid-19 pandemic.