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International Monetary fund

IMF says board approves $487.5mn disbursement to Angola

IMF says board approves $487.5mn disbursement to Angola

  • Angola's finance minister, Vera Daves de Sousa, told the Reuters Next conference on Monday that she expected more than $700 million in the next IMF tranche after securing three years of payment relief from Chinese creditors.
Published 12 Jan, 2021 02:08pm
IMF to resume loan talks with Ukraine next week
World

IMF to resume loan talks with Ukraine next week

  • Ukraine had secured a $5 billion deal in June to support its economy through a sharp slump caused by the coronavirus pandemic.
  • Given the COVID pandemic, the mission will hold remote meetings with the Ukrainian authorities to discuss economic developments.
Published 19 Dec, 2020 12:24am
IMF to assess plan for indebted Zambia in coming weeks
World

IMF to assess plan for indebted Zambia in coming weeks

  • (We) will be assessing in the coming weeks how the IMF could support the authorities' reform efforts through a possible Fund program.
  • Although Zambia is a major copper producer, the southern African country's debt-to-GDP ratio is nearly 140%.
Published 10 Dec, 2020 02:10am