International Monetary Fund (IMF) / Press Release

Source: International Monetary Fund (IMF) | Mar 19, 2026

International Monetary Fund (IMF) Staff Reaches Staff-level Agreement on the Fifth and Sixth Reviews of the Extended Fund Facility and the Resilience and Sustainability Facility and Conducts Discussion on the 2026 Article IV Consultation with Seychelles

Seychelles has made strong progress toward key economic objectives, including a reduction of public debt, rebuilding foreign exchange reserves, strengthening the monetary policy framework and financial sector supervision

IMF staff and the Seychellois authorities reached a staff-level agreement on the policies needed to complete the two final reviews under the 36-month Extended Fund Facility and Resilience and Sustainability Facility. Seychelles has made strong progress toward key economic objectives, including a reduction of public debt, rebuilding foreign exchange reserves,…

Source: International Monetary Fund (IMF) | Nov 22, 2025

International Monetary Fund (IMF) Staff Completes 2025 Article IV Mission to Mozambique

The team met with Finance Minister Carla Loveira and Governor Rogério Zandamela of the Bank of Mozambique

Economic activity is gradually recovering from an abrupt contraction during the last quarter of 2024, and inflation pressures are muted. Growth is expected to remain moderate, as challenges including a constrained funding environment, policy uncertainty, and foreign exchange shortages are holding back faster growth. At the same time, government financing…

Source: International Monetary Fund (IMF) | Nov 07, 2025

International Monetary Fund (IMF) Staff Concludes Visit to Zimbabwe

An International Monetary Fund (IMF) staff team, led by Mr. Wojciech Maliszewski, visited Zimbabwe from October 29 to November 5, 2025, as part of the Fund’s regular engagement with the Zimbabwean authorities and other stakeholders

Zimbabwe’s economic rebound in 2025 has been stronger than expected, supported by a recovery in agriculture, solid mining performance, and easing inflation amid exchange rate stability. Discussions in Harare emphasized the importance of reinforcing fiscal discipline in the 2026 budget by aligning expenditures with revenues and sustainable financing sources, while…

Source: International Monetary Fund (IMF) | Oct 13, 2025

World Cotton Day 2025: Transforming African cotton into sustainable trade

Across Africa’s cotton heartlands, farmers and artisans are navigating climate shocks, volatile prices and shifting global markets

On World Cotton Day 2025, held at FAO headquarters in Rome, Africa’s cotton producers and partners showcased how the sector is driving green growth, local value addition and sustainable trade, powering inclusive industrialization and climate-smart growth under the AfCFTA. Behind the progress is resilience. Across Africa’s cotton heartlands, farmers and…

Source: International Monetary Fund (IMF) | Oct 12, 2025

International Monetary Fund (IMF) Staff Completes Staff-Level Agreement on the Fourth Review of the Extended Credit Facility Arrangement for Somalia

Continued assistance from multilateral and bilateral partners remains crucial to support the authorities’ policy efforts, especially in light of the high uncertainty and significant downside risks

Somalia has maintained strong reform implementation and program performance. IMF staff and the Somali authorities have reached a staff-level agreement on the 4th review of Somalia’s Extended Credit Facility (ECF) arrangement. Somalia’s economy continues to show resilience, despite external headwinds, and the 2025-26 growth is expected to reach 3-3¼ percent.…

Source: International Monetary Fund (IMF) | Aug 27, 2025

International Monetary Fund (IMF) Staff Concludes Visit to Senegal

The team met with Mr. Cheikh Diba, Minister of Finance and Budget; Mr. Ahmadou Al Aminou Lo, State Minister, Minister to the President of the Republic; Mr. Boubacar Camara, Minister, Secretary General of the Government; and other senior government officials

A staff team from the International Monetary Fund (IMF), led by Mr. Edward Gemayel, visited Senegal from August 19-26, 2025, to discuss corrective measures following the Court of Auditors' report published on February 12, 2025. The mission engaged with the authorities on actions needed to address the misreporting case before…

Source: International Monetary Fund (IMF) | Jul 25, 2025

International Monetary Fund (IMF) Executive Board Concludes 2025 Article IV Consultation with Equatorial Guinea and IMF Management Approves the First and Second Reviews Under the Staff Monitored Program for Equatorial Guinea

Equatorial Guinea registered a mild economic recovery in 2024, growing by 0.9 percent following a strong contraction in 2023

The Executive Board of the International Monetary Fund (IMF) concluded today the 2025 Article IV consultation with Equatorial Guinea. IMF Management approved in June the combined first and second reviews under the Staff Monitored Program (SMP) and a 12 month SMP extension. Equatorial Guinea registered a mild economic recovery in…

Source: International Monetary Fund (IMF) | Jul 15, 2025

Mauritius' Economy Depends on Sustainable Public Finances

Fiscal sustainability relies on increasing revenues, reforming pensions, and spending more efficiently

The island of Mauritius was once the native habitat of the dodo—a striking, flightless bird that went extinct in the face of unsustainable hunting by sailors. Today, the dodo is a national symbol for the country, representing the importance of conservation and sustainability efforts. Economies are also shaped by human…

Source: International Monetary Fund (IMF) | Jul 10, 2025

Cabo Verde: International Monetary Fund (IMF) Executive Board Concludes the Sixth Review Under the Extended Credit Facility Arrangement and Approves the Requests for Extension and Augmentation of the Arrangement, and the Extension and Rephasing Under the Resilience and Sustainability Facility Arrangement

Cabo Verde’s economy continues to perform well, underpinned by tourism, robust export performance, and private consumption growth

The IMF Executive Board completed the sixth review under the Extended Credit Facility (ECF) arrangement and approved a fifteen-month extension and an augmentation equivalent to thirty percent of quota under the ECF arrangement. The Executive Board also approved a fifteen-month extension of the Resilience and Sustainability Facility (RSF) arrangement and…

Source: International Monetary Fund (IMF) | Jul 08, 2025

How to Stabilize Africa's Debt

Successful debt stabilization requires measures to strengthen public finances and institutions, alongside pro-growth structural reforms and a sound macroeconomic environment

In the context of high global uncertainty, tighter global financial conditions, and rising borrowing costs, concerns about sub-Saharan Africa’s debt vulnerabilities are mounting. But the region is tackling this issue head-on and public debt ratios have stabilized on average. Our analytical note in the IMF’s latest Regional Economic Outlook for sub-Saharan Africa uses a…

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