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World

IMF Staff Concludes Visit To São Tomé And Príncipe

An International Monetary Fund (IMF) team led by Mr. Slavi Slavov, Mission Chief for São Tomé and Príncipe, visited São Tomé during February...

Money

Only 24% Of CBN Anchor Borrowers’ Loans Repaid – IMF

The International Monetary Fund has disclosed that only 24 per cent of loans dirbursed under the Anchor Borrowers’ Programme of the Central Bank...

Business

IMF-Induced Austerity To Drive Down Growth 2.3% – Report

Databank Research is projecting an economic slowdown this fiscal year, on the back of the impending International Monetary Fund  (IMF) deal which it says...

Economy

IMF Upgrades Global Economy Growth 2.9% In 2023, Its 3.8% For Sub-Saharan Africa

The world economy would cope better than initially feared with the shocks from the war in Ukraine and high inflation, the International Monetary...

Money

IMF Reiterates Winding Down AMCON by 2023 End

Kristalina Georgieva, Managing Director, International Monetary Fund (IMF). Image Credit: IMF Notwithstanding higher oil prices, the economy is expanding at slightly above the...

Money

Inflation Hits 16.82%, Exceeds IMF’s 2022 Projection

The Consumer Price Index rose to 16.82 per cent in April from 15.92 per cent in March, latest figures from the National Bureau...

Energy

Rising Crude Oil Prices Will Worsen Inflation, Says IMF

The International Monetary Fund has said rising oil prices may lead to high inflation and slow growth across the world. It stated that...

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