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    Omanyano ovanhu koikundaneki yomalungula kashili paveta, Commisiner Sakaria takunghilile Veronika Haulenga

International Monetary Fund

32 Results / Page 4 of 4

Background
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Videos

IMF Ukraine Zelenskiy Statements

IMF Managing Director Kristalina Georgieva offered words of support to Ukrainian President Volodymyr Zelenskiy during his first visit to the Fund Monday (Dec. 11) in Washington, DC. “I’m incredibly happy to host President Zelenskiy here at the IMF. Especially given the exceptionally strong performance of the Ukrainian economy despite the war still going on in the country. We have worked very closely with the economic team of Ukraine over the last […]

todayDecember 12, 2023 8

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Africa

Zambia’s foreign debt tragedy – what needs to happen to resolve the crisis

By Danny Bradlow, University of Pretoria Three years after defaulting on its foreign debt, Zambia is still trying to reach agreement with all its creditors on how to manage this situation. This has left the southern African country in a state of development finance limbo. It is handicapped in raising the funds needed to generate jobs, build infrastructure, provide health, education and social services and deal with climate change. Its president, […]

todayDecember 1, 2023 7

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Business / Economics

IMF warns on rising debt

The IMF sees global debt growing faster and higher than projected before the pandemic, Vitor Gaspar, head of the Fund’s Fiscal Affairs Department said ahead of the launch of the Fiscal Monitor (FM) Wednesday (October 11) in Marrakech, Morocco. https://youtu.be/ZOoV_LhOf60 “Government debt ratios declined in 2021 and 2022. It will turn back up in 2023. Going forward global public debt is not only higher, but also projected to grow faster […]

todayOctober 18, 2023 7

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Business / Economics

IMF MD Kristalina Georgieva speaks at Annual Meeting

Countries are stepping up with finances for the most vulnerable of the world, IMF Managing Director Kristalina Georgieva said Thursday (Oct. 12) in Marrakech, Morocco. Thousands of journalists, policymakers, bankers and civil society organizations are gathered there for the Annual Meetings of the IMF and World Bank. https://youtu.be/MehuXc6eH34 “During these meetings, we aim to put solidarity in action by increasing our capacity to support our low income members. And I […]

todayOctober 18, 2023 3

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Africa

‘It hurts’: DR Congo currency drops amid war spending, arrears payments

By Emmet Livingstone A falling local currency, salary arrears payments and war spending have pushed up prices in impoverished Democratic Republic of Congo, leaving locals struggling to afford basics. Since the new year, the Congolese franc has depreciated about 15 percent against the US dollar, according to official figures and money changers, hitting the poorest hardest. Several people interviewed by AFP said that in some cases prices had risen much […]

todayApril 3, 2023 5

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