A team from the International Monetary Fund (IMF), led by Mr. Ivohasina Fizara Razafimahefa, Mission Chief for The Gambia, held a virtual mission with the Gambian authorities during March 22—April 1, 2021 to discuss the second review of The Gambia’s economic program supported by the IMF’s Extended Credit Facility (ECF).
The World Bank Group and International Monetary Fund (IMF) have called on all official bilateral creditors to suspend debt payments from IDA countries that request forbearance.
New Mission Chief of the International Monetary Fund, IMF, to Sierra Leone, Ms. Karen Ongley, and its Resident Representative, Dr Monique Newiak, have met President Julius Maada Bio to discuss further ways of partnership.
On July 26, the Executive Board of the International Monetary Fund (IMF) enables the disbursement of US$43.7 million, bringing total disbursements under the arrangement to US$304.5 million for Madagascar.
The Executive Board of the International Monetary Fund (IMF) has enables the immediate disbursement of US$21.62 million, bringing total disbursements under the arrangement to US$43.25 million.
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.
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.