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IMF board approves $271 mln loan facility for Burundi

The International Monetary Fund's executive board has approved a $271 million Extended Credit Facility for Burundi, with an immediate disbursement of over $62 million,...

Effective implementation and reforms to boost growth – IMF report

A successful African free trade area implementation could unlock major benefits for Africa in terms of income, jobs among other things, a report by...

IMF Predicts Slower Growth for Zimbabwe with 2.5% Growth Rate

The International Monetary Fund (IMF) has released a new forecast that predicts Zimbabwe's economy will grow by only 2.5% this year, which is slower...

IMF supports South Sudan’s dollar ban

The International Monetary Fund (IMF) has supported a move by the South Sudanese government to restrict using the US dollar in local transactions and...

IMF lends Kenya $447 Million to address Debt, Reforms

In bid to boost the Kenya reserves and help with its finances, the International Monetary Fund agreed to lend Kenya about $447 million. The money...
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