Imf

Boris Johnson’s Threat to Not Pay Britain’s Brexit Bill is Dangerous for the UK Economy

The frontrunner in the Conservative Party leadership contest, Boris Johnson announced that, if elected to be the UK’s next prime minister, he would refuse to pay the UK’s Brexit divorce bill unless better withdrawal terms are on offer fr...

Joburg Post·almost 5 years ago

IMF Values Angolan Government Efforts

The Executive Council of the International Monetary Fund (IMF) has praised the efforts of the Angolan government in its fight for economic stabilization, Finance Minister Archer Mangueira said Wednesday in Luanda.The official made the st...

Joburg Post·almost 5 years ago

IMF Backs Scrapping of Energy, Water Subsidies

The International Monetary Fund (IMF) defends the elimination of subsidies for water and energy, arguing that they benefit more people with greater financial power. This was during an interview the IMF Resident Representative in Angol...

Joburg Post·almost 5 years ago

South Africa: G20 Summit a Success

President Cyril Ramaphosa on Sunday concluded his two-day working visit to Osaka, Japan, where he attended the G20 Summit which allowed for critical engagement on efforts to address major global economic challenges. The summit was att...

Joburg Post·almost 5 years ago

Why the African Monetary Fund is a Good Idea and What Can Be Done to Get it Going

African Union (AU) leaders will gather in Niger on 7 July for an Extraordinary Summit to discuss the African Continental Free Trade Area. They will be meeting at a critical momentfor the continent. Many African countries are experiencing...

Joburg Post·almost 5 years ago

IMF Raises Nigeria's Growth Forecast to 2.3%

The International Monetary Fund (IMF) yesterday raised the growth forecast of Nigeria's economy for the 2019 financial year by 0.3 per cent to 2.3 per cent. It disclosed this in its July update on the World Economic Outlook with the them...

Joburg Post·over 4 years ago

Ghana Hopes ‘Year of Return’ Will Boost Tourism. But Caution Is Needed

Ghana has designated 2019 as the Year of Return to commemorate 400 years since the first enslaved Africans arrived in Jamestown, Virginia in the United States. The government has been running a massive marketing campaign targeting Africa...

Frederick Dayour & Albert N. Kimbu·over 4 years ago

Why Ghana Is Likely To Go On Needing the IMF – However Difficult the Relationship

The relationship between Ghana and the International Monetary Fund (IMF) is, to many Ghanaians, a difficult one. Most Ghanaians are of the view that the country should divorce itself from the international body. A look at sentiments e...

Joburg Post·almost 5 years ago

Facing a Darkening Economic Outlook: How the G20 Can Respond

As G20 ministers and central bank governors gather in Bali this week, they face a global economic outlook that has darkened significantly

Kristalina Georgieva-IMF Managing Director·almost 2 years ago

IMF Staff Visits South Africa

The International Monetary Fund( IMF) staff visited South Africa to hold meetings as part of their routine economic surveillance function

Joburg Post·almost 2 years ago

IMF Says It Cares About Inequality. But Will It Change Its Ways?

The International Monetary Fund (IMF) has become increasingly infatuated by the negative consequences of excessive inequality. This new-found mission is laudable, but neglects the manifold ways its own policy advice contributed to growin...

Joburg Post·almost 5 years ago

The Way That Minerals Are Mined Affects Conflict in Eastern Congo

Strong evidence links the mining of minerals to local conflict in several African countries. This is because minerals are prized by rebel groups and are a source of their financing. Examples include the “blood diamonds” that were used to...

Marijke Verpoorten, Nik Stoop & Peter van der Windt·over 4 years ago

Tanzania Records Slow Economic Growth in First Quarter of 2019

Tanzania’s economic growth slowed to 6.6% year-on-year in the first quarter of 2019 from 7.5% in the same period a year earlier, official data showed on Sunday, weighed down by softer construction, agriculture and manufacturing activity....

Joburg Post·over 4 years ago

Nixon’s decision to delink the dollar from gold still hounds the IMF, South Africa and Africa

Five decades ago this month, US President Richard Nixon informed the world that the US would no longer honour its commitment to exchange US dollars for gold on demand. The commitment had been the foundation of the international monetary ...

Danny Bradlow·over 2 years ago

How Africa can seize the moment and start resetting its relationship with the IMF

The International Monetary Fund (IMF) will inject $650 billion in Special Drawing Rights into the global economy. It will allocate them among its member states, which can then decide for themselves how they want to use their Special Draw...

Phumzile Mavimbela·over 2 years ago

Lots of IMF programmes are never completed – because they’re unworkable

The International Monetary Fund (IMF) gives loans to countries in economic trouble. In exchange, countries must implement a programme of painful policy reforms. Countries rarely complete these programmes. We set out to uncover why. ...

Bernhard Reinsberg & Thomas Stubbs·almost 3 years ago