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Tag: IMF

Companies

IMF Finalizes Fourth Review of Egypt’s Economic Reform Program, Approves New Funding Plan

March 11, 2025March 11, 2025 - by Marcus Chen - Leave a Comment

The IMF has approved Egypt’s fourth review under the EFF arrangement, enabling a draw of US$1.2 billion and a total access of US$3.2 billion. Despite regional challenges, Egypt preserved macroeconomic …

IMF Finalizes Fourth Review of Egypt’s Economic Reform Program, Approves New Funding Plan Read More
Companies / economics / Politics

Argentina’s President Milei Seeks Congressional Support for IMF Loan Deal

March 11, 2025March 11, 2025 - by Carmen Mendez - Leave a Comment

Argentine President Javier Milei seeks congressional approval for an IMF loan arrangement intended to resolve central bank accounts and curb inflation. The agreement entails a repayment structure over ten years …

Argentina’s President Milei Seeks Congressional Support for IMF Loan Deal Read More
Business / Companies / economics

IMF Approves $1.2 Billion for Egypt Following Economic Reform Review

March 11, 2025March 11, 2025 - by Sofia Nawab - Leave a Comment

The IMF has approved a $1.2 billion disbursement to Egypt, following its fourth review of an $8 billion economic reform program. In addition, Egypt requested access to approximately $1.3 billion …

IMF Approves $1.2 Billion for Egypt Following Economic Reform Review Read More
Business / economics / Global news

Argentina’s President Milei Signs Decree to Advance IMF Programme Negotiations

March 11, 2025March 11, 2025 - by Sofia Nawab - Leave a Comment

President Javier Milei signed an emergency executive decree to facilitate a new IMF deal, bypassing Congress’s typical approval process. The government claims that borrowing from the IMF will help reduce …

Argentina’s President Milei Signs Decree to Advance IMF Programme Negotiations Read More
Business / Companies / economics

Ghana Abolishes IMF-Linked Taxes to Alleviate Economic Burden

March 11, 2025March 11, 2025 - by Marcus Chen - Leave a Comment

Ghana’s government has abolished several taxes introduced during the pandemic, including levies on mobile transfers and lottery winnings, in response to economic hardships. Finance Minister Cassiel Ato Forson emphasized the …

Ghana Abolishes IMF-Linked Taxes to Alleviate Economic Burden Read More
Business / economics

Ghana Eliminates COVID-Era Taxes to Ease Economic Burden on Citizens

March 11, 2025March 11, 2025 - by Liam Nguyen - Leave a Comment

Ghana’s new government has decided to abolish several COVID-era taxes linked to IMF financing, including a one-percent levy on mobile money transfers and a VAT on motor vehicle insurance. Finance …

Ghana Eliminates COVID-Era Taxes to Ease Economic Burden on Citizens Read More
Business / economics

Egypt’s Inflation Rate Drops to 12.5% Amid Economic Recovery Efforts

March 11, 2025March 11, 2025 - by Carmen Mendez - Leave a Comment

In February, Egypt’s inflation rate fell to 12.5%, down from 23.2% in January, indicating easing economic conditions. However, purchasing power remains low for citizens, with ongoing pressures from rising prices …

Egypt’s Inflation Rate Drops to 12.5% Amid Economic Recovery Efforts Read More
Companies

Egypt Secures IMF Approval for $1.2 Billion Loan Disbursement

March 11, 2025March 11, 2025 - by Carmen Mendez - Leave a Comment

Egypt has secured IMF approval for a $1.2 billion loan disbursement as part of its $8 billion economic reform program. Finance Minister Ahmed Kouchouk announced the approval following the completion …

Egypt Secures IMF Approval for $1.2 Billion Loan Disbursement Read More
Companies / economics

Ghana’s Economic Challenges Persist Despite IMF Support

March 11, 2025March 11, 2025 - by Sofia Nawab - Leave a Comment

Ghana’s economy is under significant strain despite measures from the IMF. Finance Minister Dr. Cassiel Ato Forson highlights that while there have been sacrifices from various stakeholders, critical economic targets …

Ghana’s Economic Challenges Persist Despite IMF Support Read More
Business / Companies / economics

Argentina Advances IMF Deal With Decree Amid Economic Challenges

March 11, 2025March 11, 2025 - by Allegra Nguyen - Leave a Comment

Argentina’s government issued a decree supporting a new IMF program to assist with debts and capital controls, facilitating President Javier Milei’s economic reforms. The planned extended fund facility includes a …

Argentina Advances IMF Deal With Decree Amid Economic Challenges Read More

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