financial stability developments

IMF working with several African countries

https://youtu.be/c7ZwwF1-f84 The IMF is working with authorities in several African countries to provide help stabilizing their economies and financial situations spokesperson Julie Kozack told reporters Thursday (March 23) in Washington, DC. Ghana is seeking funding from the Fund with The West African country, struggling with its worst economic crisis in a generation. Ghana secured a staff-level agreement with the IMF in December for a $3 billion loan, but approval is contingent […]

January 12, 2024 33

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The Namibian financial system remains stable, sound, and resilient amidst a challenging global and domestic economic environment

The Macroprudential Oversight Committee (MOC)1 of the Bank of Namibia (the Bank) held its second and last meeting of the year on the 07th of December 2023, to assess potential risks and vulnerabilities in the Namibian Financial System. Following a comprehensive assessment of domestic and global economic conditions, the Committee deemed the domestic financial system as stable, sound, and resilient. This is despite increasing risks and vulnerabilities stemming from […]

December 12, 2023 7