Leaders meet in Paris to help finance Africa’s post-pandemic recovery
May 18, 2021 African leaders and the heads of multilateral lenders met in Paris on Tuesday to find ways of financing African economies hurt by the COVID-19 pandemic and discuss…
IMF urges sub-Saharan Africa to domestically increase tax revenues, others
April 8, 2021 The International Monetary Fund (IMF) has urged countries in Sub-Saharan Africa to do more domestically to increase tax revenues and improve the quality of spending. Ms Kristalina…
COVID-19: Stronger international support needed for Africa to recover from crisis -IMF, African Caucus chair
Africa needs carefully-calibrated domestic policies and stronger support from the international community to recover from the COVID-19 crisis and return to its path of stronger growth, the head of the…
Increase debt suspension arrangements to offer low-income, middle-income countries fiscal space – Heads of state
Several heads of state and government, the United Nations and heads of multilateral development finance institutions on Monday called for expansion of the Debt Service Suspension Initiative, under which low-income…
Lack Of Cooperation Hinders China’s Debt Relief To Africa
China last month joined other members of the G20 in agreeing to suspend interest payments on all loans owed by dozens of low-income countries, in a bid to ease pressure…
WHO appoints Nigeria’s Okonjo-Iweala as COVID-19 Special Envoy
The World Health Organisation (WHO) on Friday named former Minister of Finance, Dr. Ngozi Okonjo-Iweala, as a Special Envoy for the newly inaugurated Access to COVID-19 Tools (ACT) Accelerator. She…
IMF approves immediate debt relief for 25 countries
The International Monetary Fund’s (IMF) Executive Board has approved immediate debt service relief to 25 of its member countries under the IMF’s revamped Catastrophe Containment and Relief Trust (CCRT). Ms…
Nigeria’s frm finance minister, Okonjo-Iweala makes IMF’s list of External Advisory GroupÂ
Former Minister of Finance, Dr Ngozi Okonjo-Iweala The International Monetary Fund (IMF) has named a former Minister of Finance, Dr Ngozi Okonjo-Iweala, as part of its External Advisory…
COVID-19: World Bank approves initial $1.9 bn in emergency fundsÂ
The World Bank on Thursday said it had approved an initial $1.9 billion in emergency funds for coronavirus response operations in 25 developing countries, with more than half the aid…
G20 leaders to pump $5 trn into global economy in fight against coronavirus
Leaders of the Group of 20 major economies pledged on Thursday to inject over $5 trillion into the global economy to limit job and income losses from the coronavirus and…