The global financial system is facing “elevated” risks, the IMF has warned, pointing to the possibility of an artificial intelligence-driven market correction and cyberattacks with potentially “severe” consequences. The warning came in…
Mozambique has wiped out its arrears to the International Monetary Fund, settling U.S. $630,1 million in full by month’s end after beginning…
IMF Conditions Leave President Chapo Facing Political Costs and Economic Uncertainty President Daniel Chapo’s bid to secure a new International Monetary Fund…
IMF approves additional $40 million for Somalia, releases $30 million in immediate budget support MOGADISHU — The International Monetary Fund has approved…
IMF, Somalia Reach Staff-Level Deal That Could Unlock $30 Million Somalia has secured a staff-level agreement with the International Monetary Fund that…
A glimpse of the International Monetary Fund’s HQ in D.C., U.S., captured on April 8, 2019. Photo credits © REUTERS/Yuri Gripas/File Photo.…
A view of the International Monetary Fund (IMF) headquarters in Washington was captured on April 8, 2019. Photographer: Yuri Gripas for REUTERS.…
In a move egged on by Western allies, Kenya’s leadership has nudged the International Monetary Fund to dive deep into examining its…
Somali Finance Minister Bihi Iman Egeh (center, right) spearheads a high-stakes dialogue at a major financial reform and economic development summit in…
According to more than 2.8 million votes according to the final result of the first round, Hakainde Hichilema was elected the seventh…
World Bank approves USD 100 million for health services in Somalia MOGADISHU, Somalia –– The World Bank announced Thursday that it has…
