El Salvador Halts Bitcoin Purchases Under $1.4B IMF Agreement
El Salvador has suspended its public-sector Bitcoin purchases following a 2024 agreement with the International Monetary Fund (IMF),…
IMF warns against Egypt’s military dominance over economy
In arguably its bluntest report to date, the International Monetary Fund (IMF) warned that Egypt’s military-controlled economic model…
El Salvador’s Bitcoin Bet Faces Backlash Amid Economic Struggles and IMF Pressure
IMF deal compelled El Salvador to stop buying new Bitcoins, and the legal tender status ceased
Most…
Euro area gains ground externally, IMF cautions on imbalances
The euro area posted a moderately stronger external position in 2024, supported by a rebound in its current…
IMF lauds Senegal for strengthening economy, amending debt position
The IMF praised Senegal for acting to engage reforms to strengthen its economy, while also working with the…
IMF Says Malawi in Arrears With Afreximbank Throughout Program
Malawi suspended payments to its commercial creditors including African Export-Import Bank during its International Monetary Fund program that…
IMF praises Ghana’s ‘strong’ budget, suggests tight monetary policy
Ghana is currently undergoing a $3billion bailout programme with the IMF The Director of Communications at the International…
IMF Challenges El Salvador’s Bitcoin Acquisition Claims Citing Internal Transfers
El Salvador’s Bitcoin strategy, once heralded as a pioneering move to embrace cryptocurrency, is encountering mounting skepticism from…
El Salvador Buys $948K Bitcoin Amid IMF Claims of Misreported Holdings
El Salvador has confirmed a new Bitcoin purchase of $948,392, challenging claims by the International Monetary Fund (IMF)…
The IMF’s Unreasonable External Balance Benchmarks
The International Monetary Fund’s (IMF) latest External Sector Report has plenty of interesting material, including welcome attention to…
Zambia Gets $184 Million From IMF After Pledging Faster Reforms
The International Monetary Fund agreed to immediately disburse $184 million to Zambia, after the country agreed to expedite…
IMF Approves 48-Month ECF Deal for Chad
The Executive Board of the International Monetary Fund (IMF) approved today a 48-month arrangement under the Extended Credit…