Source: International Monetary Fund (IMF) |

International Monetary Fund (IMF) Reaches Staff-Level Agreement with Burkina Faso on Rapid Credit Facility through the Food Shock Window

IMF to discuss the economic outlook, macroeconomic policy and possible responses to the ongoing food crisis through the provision

IMF staff and the Burkinabé authorities have reached a staff-level agreement for about US$ 80 million (50 percent of Burkina Faso’s IMF quota) in emergency financing through the IMF’s Food Shock Window of the Rapid Credit Facility to support measures to provide urgent assistance to households in acute food insecurity…

Source: International Monetary Fund (IMF) |

Opening Remarks at Mobilizing with Africa II High-Level Virtual Event

We are here today because COVID-19 continues its assault on the health and wellbeing of people, and on the economy

By Managing Director Kristalina Georgieva As prepared for delivery Excellencies, Ministers, Ladies and Gentlemen—thank you for participating in this important event. I am honored to co-host with President Malpass. And I would like to recognize U.N. Secretary General Guterres and AU Commission Chair Moussa Faki Mahamat. We are here today…