Tag: International Monetary Fund

IMF's African Department Director Abebe Aemro Selassie's vision for Africa

Abebe Aemro Selassie reflects on the challenges of the continent and why Sub-Saharan Africa has immense economical potential

Hefty budget deficit for Mozambique in 2017

Mozambique budgeted for a deficit of 11 percent of GDP this year, high by international standards, when it had IMF financial support.

Aid for Mozambique on the way

The metical has lost 40 percent of its value against the dollar since January.

Ghana on track to halve budget deficit after IMF deal

Ghana's public debt eased to 63 percent of GDP in May from 72 percent at the end of 2015, while consumer inflation dropped to 16.7 percent