Source: International Monetary Fund (IMF) |

Statement by IMF Deputy Managing Director Mitsuhiro Furusawa at the Conclusion of a Visit to Cameroon

Maintaining economic stability while making the transition toward a more inclusive and sustainable high growth will be key. Discussions focused on policies available for the authority to complete ongoing infrastructure projects and address bottlenecks in projects preparation. Strong ownership and steadfast implementation of the country's economic reform program supported by…

Source: International Monetary Fund (IMF) |

Statement by IMF Deputy Managing Director Mitsuhiro Furusawa at the Conclusion of a Visit to Burkina Faso

Reforms to increase fiscal space would need to be pursued alongside investment scaling up

A new ECF arrangement in support of the country's economic and social development plan under discussion would aim to balance the scaling up of investment with maintaining macroeconomic stability. Reforms to increase fiscal space would need to be pursued alongside investment scaling up. Lifting growth will also require reforms to…

Source: International Monetary Fund (IMF) |

IMF Executive Board Concludes 2017 Article IV Consultation with the Kingdom of Swaziland

On September 1, 2017, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation [1] with the Kingdom of Swaziland. Since the 2010 fiscal crisis, Swaziland has experienced a period of macroeconomic stability and recovery. A rebound in South African Customs Union (SACU) revenues, expansionary policies…

Source: International Monetary Fund (IMF) |

IMF Executive Board Completes Fourth Review Under the ECF, Approves US$94.2 Million Disbursement and Program Extension, and Concludes 2017 Article IV Consultation with Ghana

Completion of the fourth ECF review enables the disbursement of SDR 66.42 million (about US$ 94.2 million). The program aims to restore debt sustainability and macroeconomic stability in the country to foster a return to high growth and job creation, while protecting social spending. The Executive Board also completed the…

Source: International Monetary Fund (IMF) |

Stakeholders Take Stock of Malawi’s Economic Performance

The International Monetary Fund (IMF) and the Government of Malawi co-sponsored a high-level international stakeholders conference in Lilongwe on August 28–30, 2017. The conference aimed at taking stock of the objectives and performance under the recently completed Extended Credit Facility (ECF), and the lessons for future engagement with the IMF.…

Source: International Monetary Fund (IMF) |

IMF Executive Board Concludes the Ex-Post Evaluation of the Second Precautionary and Liquidity Line Arrangement for Morocco

On August 1, 2017, the Executive Board of the International Monetary Fund (IMF) concluded the Ex Post Evaluation (EPE) of exceptional access under the 2014–16 Precautionary and Liquidity Line (PLL) arrangement. (The Executive Board also concluded the second review of Morocco’s economic performance under a program supported by a two-year…

Source: International Monetary Fund (IMF) |

IMF, AMF, AFESD and Government of Morocco to Host Regional Conference: “Opportunity for All—Promoting Growth, Jobs, and Inclusiveness in the Arab World”

IMF Managing Director Christine Lagarde, AFESD Director General Chairman of the Board Abdlatif Y. Al-Hamad, and AMF Director General Chairman of the Board Abdulrahman Al Hamidy will be among the conference speakers

The International Monetary Fund (IMF), Arab Monetary Fund (AMF), Arab Fund for Social and Economic Development (AFESD) and Government of Morocco will co-host a high-level conference in Marrakesh, January 29–30, 2018, on promoting higher economic growth, job creation, and inclusiveness in the Arab World. Opportunities for All: Promoting Growth, Jobs,…

Source: International Monetary Fund (IMF) |

Statement of an IMF Mission at the End of its Visit to Guinea

Real growth is expected to 6.7% in 2017 supported by dynamic activity in the mining and construction sectors and good agricultural performance

Significant progress was made in discussions of the economic policies and reforms that could be supported by a new IMF arrangement Real growth is expected to 6.7% in 2017 supported by dynamic activity in the mining and construction sectors and good agricultural performance; Average inflation would remain moderate at 8.5…

Source: International Monetary Fund (IMF) |

IMF Staff Completes 2017 Article IV Mission to Mauritius

The authorities seek to graduate Mauritius to a high-income economy within the next ten years on the basis of an ambitious public investment program and improvements to the business climate

Real GDP growth in 2017 is projected at 3.9 percent on the back of dynamism in the construction sector. The authorities seek to graduate Mauritius to a high-income economy within the next ten years on the basis of an ambitious public investment program and improvements to the business climate. Attaining…