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
Executive
The 30th Ordinary Session of the African Union Executive Council kicks off in Addis Ababa
The 30th Ordinary Session of the African Union Executive Council kicks off in Addis Ababa: The African Union (AU) Executive Council has emphasised the need for Africa to boost investment in Africa’s youth by promoting transformative and inclusive development agendas aimed at recognising the efforts by the youth in entrepreneurship and innovation. This was stated … [Read more...] about The 30th Ordinary Session of the African Union Executive Council kicks off in Addis Ababa
IMF Executive Board Concludes 2016 Article IV Consultation with Angola
IMF Executive Board Concludes 2016 Article IV Consultation with Angola: On January 23, 2017, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation [1] with Angola. The oil price shock that started in mid-2014 has substantially reduced fiscal revenue and exports. Growth was estimated to come to a halt in 2016, with … [Read more...] about IMF Executive Board Concludes 2016 Article IV Consultation with Angola
IMF Executive Board Completes Fourth and Fifth Reviews Under the Extended Fund Facility Arrangement for Seychelles, and Approves US$4.4 Million Disbursement
IMF Executive Board Completes Fourth and Fifth Reviews Under the Extended Fund Facility Arrangement for Seychelles, and Approves US.4 Million Disbursement: The Executive Board of the International Monetary Fund (IMF) today completed the fourth and fifth reviews under the Extended Fund Facility arrangement (EFF)[1] with Seychelles. The completion of the reviews enables a … [Read more...] about IMF Executive Board Completes Fourth and Fifth Reviews Under the Extended Fund Facility Arrangement for Seychelles, and Approves US$4.4 Million Disbursement
IMF Executive Board Completes Sixth PSI Review and First Review Under the Standby Credit Facility for Rwanda
IMF Executive Board Completes Sixth PSI Review and First Review Under the Standby Credit Facility for Rwanda: The Executive Board of the International Monetary Fund (IMF) today completed the sixth review of Rwanda’s performance under the Policy Support Instrument (PSI)[1] and the first review of the arrangement under the Standby Credit Facility (SCF)[2]. The … [Read more...] about IMF Executive Board Completes Sixth PSI Review and First Review Under the Standby Credit Facility for Rwanda
