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IMF

the new president Hakainde Hichilema faces the challenges

According to more than 2.8 million votes according to the final result of the first round, Hakainde Hichilema was elected the seventh president of Zambia. Zambians have raised their voices to this businessman, nicknamed "HH", largely for his promise to turn the economy around. From now on, the new head of state must meet voters' expectations.…

World Bank approves USD 100 million for well being companies in Somalia

World Bank approves USD 100 million for health services in Somalia MOGADISHU, Somalia -- The World Bank announced Thursday that it has approved a total of US $ 100 million to help improve health services in Somalia. The project, the World Bank's 30-year investment in Somalia's health sector, which aims to improve health services is funded by a $ 75 million grant from International Development…

Nicolas Kazadi (DRC): “We want the IMF,

In the Democratic Republic of Congo, the government has committed to a three-year program with the International Monetary Fund (IMF). In exchange for $ 1.5 billion, the Congolese government promised to implement reforms, but also to be transparent, especially in the mining sector. Minister of Finance Nicolas Kazadi, who handled most of the negotiations with the IMF, is RFI's guest.…

The IMF validates established financing program

In the Democratic Republic of Congo, the Minister of Finance and the resident representative of the International Monetary Fund will be seen on Monday 19 July. The opportunity for Gabriel Leost to officially inform Nicolas Kazadi about the decision of the IMF Board to validate a jointly established program. With our special…

The Democratic Republic of Congo still needs to resolve some details

Will the Democratic Republic of Congo succeed in securing the $ 1.5 billion International Monetary Fund funding program for which a preliminary agreement was signed in May last year? The stakes are high, as this program could pave the way for other funding. But the signing comes with conditions, and when the IMF board meeting wakes up, the details are still stuck.…

Sudan receives massive IMF support

It was expected with great impatience by the Sudanese Prime Minister, the IMF began to erase Khartoum's gigantic debt. Sudan is the most indebted country in Africa. The IMF will write off 90% of its debt over the next three years, or $ 50 billion. A mushroom that comes with demands, but also an economic boost, Khartoum receives from the same IMF almost $ 2.5 billion under the expanded credit facility.…

19 women ask the IMF not to grant

In an open letter to Kristalina Georgiva, Executive Director of the IMF, 19 women, political and civil society figures in Cameroon ask the financial institution not to grant a new loan to the state without all the transparency and openness. so-called "Covidgate" cases. A report by the Supreme Court of Cameroon, dated March last…

after the agreement with the IMF, what is it

In the Democratic Republic of Congo (DRC), after a three-week marathon of negotiations, governments and the International Monetary Fund (IMF) agreed on the content of a three-year program. The announcement was made on Friday 28 May. Yes The agreement validated by the IMF Board, the DRC could start receiving an initial payment,…

“A program with the IMF is necessary”

In the Democratic Republic of Congo, after a three-week negotiation marathon, governments and the International Monetary Fund (IMF) delegations agreed on the content of a three-year program. If this agreement is validated by the IMF's management and board, the DRC can start receiving an initial payment of about $ 1.5 billion from mid-July. Congolese Minister of Finance Nicolas Kazadi discusses the…

against the signatory of a three-year program

After a three-week negotiation marathon, delegations from the Congolese government and the International Monetary Fund (IMF) agreed on the content of a three-year program. If this agreement is validated by the IMF's management and board, the DRC can start receiving an initial payment from mid-June on the planned approximately 1.5 billion dollars.…

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