“In 2016, Benin’s economy weathered negative spillovers stemming from a difficult external environment and grew by 4 percent with an acceleration expected in 2017. Economic growth was driven by strong agricultural production, an increase in public investment, and a buoyant tertiary sector. Inflation remained negative in 2016 and through end-August 2017 but is forecasted to average 0.6 percent in 2017.”
With the floating of the Egyptian pound, the foreign exchange market normalized, and the parallel market for foreign currency disappeare
A staff team from the International Monetary Fund (IMF), led by Mr. Ali Mansoor, visited Dakar from September 7-19, 2017 and engaged in discussions as part of the fifth review of the IMF’s Policy Support Instrument (PSI) approved in June 2015 …. Read More ›
Statement by IMF Deputy Managing Director Mitsuhiro Furusawa at the Conclusion of a Visit to Cameroon
Strong ownership and steadfast implementation of the country’s economic reform program supported by the IMF’s ECF facility will be essential to its success.
IMF, AMF, AFESD, and Morocco, to co-host regional Conference on promoting Growth, Jobs, and inclusiveness in the Arab World
The International Monetary Fund (IMF), Arab Monetary Fund (AMF), Arab Fund for Social and Economic Development (AFESD) and Government of Morocco will co-host a high-level conference in Marrakesh, January 29–30, 2018, on promoting higher economic growth, job creation, and inclusiveness… Read More ›
The prognosis that the South African economy is in dire straits is pretty obvious even to the untrained eye. The solution to the country’s present predicament is also pretty much understood. The International Monetary Fund (IMF) has recently produced a comprehensive viewwhich deserves… Read More ›