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Tag: IMF

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
Business / Companies / economics

Argentina Advances IMF Negotiations with New Decree Support

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

Argentina’s government has issued a decree supporting a new IMF program, aimed at stabilizing the economy and easing debt pressures. This initiative represents President Javier Milei’s strategy to expedite Congressional …

Argentina Advances IMF Negotiations with New Decree Support Read More
Politics

Argentina’s President Milei Seeks Congressional Approval for IMF Loan Agreement

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

President Javier Milei of Argentina requested congressional approval for an IMF loan agreement intended to stabilize the central bank and combat inflation. The loan specifics remain undisclosed, but it will …

Argentina’s President Milei Seeks Congressional Approval for IMF Loan Agreement Read More
Climate change / Global news

COP30 Head Advocates for Action Beyond Dialogues in Climate Negotiations

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

COP30 President Andre Correa do Lago urges a shift in climate negotiations from talks to action, emphasizing the need for practical implementation of agreements. He highlights the urgency of the …

COP30 Head Advocates for Action Beyond Dialogues in Climate Negotiations Read More
Business / economics

Javier Milei’s IMF Loan: Deepening Argentina’s Debt Crisis

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

Argentina’s President Javier Milei is seeking an IMF loan between $10 billion and $20 billion, breaking his promise of no debt increase. This decision perpetuates a cycle of dependency on …

Javier Milei’s IMF Loan: Deepening Argentina’s Debt Crisis Read More
Business / economics

Argentina Analysts Forecast 23.3% Inflation Rate for 2025

March 10, 2025March 10, 2025 - by Liam Nguyen - Leave a Comment

Argentina analysts predict an inflation rate of 23.3% for 2025, reflecting economic strains. Investor concerns over U.S. growth are affecting Latin American markets. However, industrial production is seeing improvements, with …

Argentina Analysts Forecast 23.3% Inflation Rate for 2025 Read More

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