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The IMF has approved a $1.2 billion disbursement to Egypt after the fourth review of its economic reform program, alongside access to an additional $1.3 billion funding through the Resilience …
IMF Approves $1.2 Billion Disbursement to Egypt After Fourth Review Read More
The IMF approved $2.5 billion for Egypt, consisting of a $1.2 billion disbursement and $1.3 billion under the Resilience and Sustainability Facility. Despite regional challenges and a slowdown in growth, …
IMF Approves $2.5 Billion Support for Egypt Following Economic Review Read More
Egypt has unlocked an additional $2.5 billion loan from the IMF after completing the fourth review of its economic reform program, aiming to stabilize its economy amidst external challenges. The …
Egypt Secures $2.5 Billion IMF Loan Amid Economic Reforms Read More
Coffee prices decline due to uncertainty regarding crop damage in Brazil caused by adverse weather conditions, with potential supply shortages that may affect future pricing. Recent fluctuations in coffee prices …
Coffee Prices Decline Amid Uncertainty Over Brazilian Crop Damage Read More
The National Bank of Kazakhstan has raised its base rate from 15.25% to 16.5% to mitigate inflation risks amid economic uncertainty. Analyst Rassul Rysmambetov cites U.S. policy changes, economic deregulation, …
National Bank of Kazakhstan Raises Base Rate to 16.5% in Response to Economic Pressures Read More
The Bank of Ghana is seeking a GHC 53 billion bailout to address its negative equity concerns, primarily resulting from significant losses incurred in 2022. Finance Minister Dr. Ato Forson …
Bank of Ghana Requests GHC 53 Billion Bailout to Correct Negative Equity Crisis Read More
The IMF has approved a $1.2 billion disbursement to Egypt and an additional $1.3 billion request under the RSF after the fourth review of Egypt’s economic reform program. Egypt reported …
IMF Approves $1.2 Billion for Egypt After Fourth Review of Reform Program Read More
A report from Chatham House asserts that Nigeria is more competitive than it has been in 25 years, attributing this to the devaluation of the naira. The depreciation has improved …
Nigeria Achieves Competitive Edge in 25 Years Amid Currency Depreciation Read More
Ghana’s 2025 budget, presented by Finance Minister Dr. Cassiel Ato Forson, focuses on economic recovery, job creation, and fiscal discipline amidst a severe economic crisis marked by high debt and …
Key Highlights of Ghana’s 2025 Budget Read More
In February 2024, Egypt’s annual inflation rate dropped to 12.5 percent from 23.2 percent in January, attributed partly to last year’s higher inflation benchmarks. Despite some economic recovery due to …
Egypt’s Inflation Rate Nearly Halves as Economic Challenges Persist Read More