IMF

IMF Executive Board Concludes 2019 Article IV Consultation with the Kingdom of Lesotho

Directors welcomed the progress made in restoring peace and stability, but however, noted that Lesotho continues to face significant challenges, stemming mainly from the declining Southern African Customs Union (SACU) revenues and high government expenditures.

Advertisements

Zambia’s growth is projected to slow from 3.7 percent in 2018 to 2.3 percent in 2019 – IMF report

Zambia’s growth is projected to slow from 3.7 percent in 2018 to 2.3 percent in 2019, lower than earlier envisages due to the impact of the drought on agricultural production, according to an IMF staff monitoring team.

Jobs and unemployment in emerging markets and developing countries two focal points of IMF messaging in Davos

IMF spokesperson Gerry Rice said on Thursday said that the IMF is releasing two staff papers based on recent research, ‘one of which will focus on the issue of jobs and unemployment, especially in emerging markets and developing countries, and especially focused on the issue of youth unemployment actually. So that’s going to be launched — that staff paper is going to be launched on January 23’.