Tag: International Monetary Fund (IMF)

When the U.S. sneezes, the world catches a cold. What happens when it has severe COVID-19?

Officials from Mexico to Japan are already on edge. Exports have taken a hit in Germany, and Canada looks south warily knowing that any further hit to U.S. growth will undoubtedly spill over.

Africa’s largest economy braces for big hit as oil prices plummet

The International Monetary Fund (IMF) on Thursday said it will be working closely with the Nigerian authorities in the coming days to assess any vulnerabilities which may be exposed by the sharp decline in crude prices, as Nigerian and Angolan dollar bonds sank to record lows.

IMF and this East African country reach preliminary agreement on $2.9 billion financing package

The staff of the International Monetary Fund and the East African government have reached a preliminary agreement for a three-year, $2.9 billion financing package to support the African country’s economic reform program.

IMF sees Malawi’s economy expanding by 4.5% in 2019

Malawi’s economy is likely to expand by 4.5% this year, the International Monetary Fund (IMF) said late on Tuesday. The growth projection is down slightly from the fund’s March forecast of a 5% expansion to gross domestic product.