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The IMF’s financial support to Benin is part of the reviews of the program supported by the Extended Credit Facility (ECF), the Extended Fund Facility (EFF), and the Resilience and Sustainability F...

The IMF’s decision to release these funds will help Ethiopia address its balance of payments needs. The ECF agreement, totaling around $3.4 billion, aims to support the government’s economic refo...

Cape Verde is projected to achieve economic growth of 6% in 2024, according to IMF forecasts following the conclusion of a two-week mission in Praia. The institution attributes this momentum to a reb...

Reaching agreements with the IMF is essential for Senegal for several reasons. These agreements help stabilize the economy by providing emergency financing during crises, which supports foreign excha...

For IMF Managing Director Kristalina Georgieva, sub-Saharan Africa has often been underrepresented in international organizations. Starting from November 1st, the organization she leads will allocate...

In its latest World Economic Outlook report of July 2024, the International Monetary Fund (IMF) adjusted its growth forecasts for Nigeria, lowering them by 0.2 percentage points. Economic growth is n...