APO News from Africa: IMF Executive Board Concludes the First Review under the Precautionary and Liquidity Line Arrangement for Morocco: The Moroccan authorities stated their intention to continue treating the arrangement as precautionary Morocco’s sound economic fundamentals and overall strong record of policy implementation have contributed to a solid … [Read more...] about IMF Executive Board Concludes the First Review under the Precautionary and Liquidity Line Arrangement for Morocco
Arrangement
IMF Staff Initiates Discussions on a Possible IMF-Supported Financial Arrangement for Sierra Leone
APO News from Africa: IMF Staff Initiates Discussions on a Possible IMF-Supported Financial Arrangement for Sierra Leone: The economy proved resilient in the face of two major exogenous shocks: the Ebola epidemic and collapse of iron ore prices and associated loss of production in 2014-2015. The economy is projected to expand by 6 percent in real terms in 2017, but the … [Read more...] about IMF Staff Initiates Discussions on a Possible IMF-Supported Financial Arrangement for Sierra Leone
IMF Staff Finalizes 2017 Article IV Consultation with the Republic of Congo and Initiates Discussions on a Possible IMF-Supported Financial Arrangement
IMF Staff Finalizes 2017 Article IV Consultation with the Republic of Congo and Initiates Discussions on a Possible IMF-Supported Financial Arrangement: The team made significant progress in assessing the authorities’ policies for 2017 and the medium term, and their implications for fiscal sustainability and external stability. The authorities aim to strengthen the … [Read more...] about IMF Staff Finalizes 2017 Article IV Consultation with the Republic of Congo and Initiates Discussions on a Possible IMF-Supported Financial Arrangement
IMF Staff Initiates Discussions with Gabon toward a Possible Financial Arrangement
IMF Staff Initiates Discussions with Gabon toward a Possible Financial Arrangement: Gabon’s medium-term economic prospects remain strong thanks to recent efforts to diversify the economy and attract investment in strategic sectors. Staff encouraged the authorities to continue to pursue this strategy, which would help the economy become more resilient to shocks and less … [Read more...] about IMF Staff Initiates Discussions with Gabon toward a Possible Financial Arrangement
IMF Executive Board Completes First Review Under the Stand-By Arrangement and Standby Credit Facility Arrangement for Kenya
IMF Executive Board Completes First Review Under the Stand-By Arrangement and Standby Credit Facility Arrangement for Kenya: IMF Board approved completion of first review of Kenya’s economic program supported by the Stand-By Arrangement (SBA) and the Standby Credit Facility (SCF). Kenyan authorities indicated that they do not intend to draw on the SBA and SCF … [Read more...] about IMF Executive Board Completes First Review Under the Stand-By Arrangement and Standby Credit Facility Arrangement for Kenya