Tag Archives: international monetary fund

The International Monetary Fund (IMF), on Thursday warned that an “economic collapse in some countries” is not excluded if the G20 does not act urgently in a context of pandemic which is still not under control. “We could see an economic collapse in some countries unless the G20 creditors agree …

Zambia’s finance minister Situmbeko Musokotwane says talks with the International Monetary Fund (IMF) are “very progressive”. Situmbeko Musokotwane, the zambian economy minister said timelines and steps to be taken to advance the process for a highly anticipated Extended Credit Facility, a financial assistance programme offered to countries struggling to pay …

Zambian new president Hakainde Hichilema has appointed Situmbeko Musokotwane, an experienced international economist as the country’s Minister in charge of Finances. Mr Hichilma, in his inaugural speech said he will fix the economy and create jobs. Early this morning, he announced that his first Cabinet appointment is the Minister of …

Egypt’s President Abdel Fattah al-Sisi has announced that it was time to increase the price of bread. Mr Sisi said that there would not be a big jump. This increase has been a highly sensitive issue in the past. President Sisi suggested it was no longer reasonable to continue subsidising …