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International Monetary Fund (IMF)
Source: International Monetary Fund (IMF) |

International Monetary Fund (IMF) Executive Board Approves US$114.8 Million in Emergency Financing Support to South Sudan

This emergency financing under the Food Shock Window will help South Sudan to address food insecurity while maintaining social and growth-enhancing spending

The Executive Board of the International Monetary Fund (IMF) approved today a disbursement of SDR 86.1 million (about US$114.8 million) to South Sudan under the Food Shock Window of the Rapid Credit Facility (RCF). This emergency financing under the Food Shock Window will help South Sudan to address food insecurity…

International Monetary Fund (IMF)
Source: International Monetary Fund (IMF) |

IMF Executive Board Approves US$567.25 Million in Emergency Support to Tanzania to Address the COVID-19 Pandemic

Tanzania’s economic outlook has deteriorated due to the impact of the COVID-19 pandemic

The COVID-19 outbreak has led to the collapse of the tourism sector and amplified the need for significant financing to tackle the health and economic effects of the pandemic; The IMF approved US$567.25 million in emergency financial assistance under the Rapid Credit Facility and Rapid Financing Instrument to support the authorities’…

International Monetary Fund (IMF)
Source: International Monetary Fund (IMF) |

Coronavirus - Ethiopia: International Monetary Fund (IMF) reaches a Staff-Level Agreement for the First Review of the Extended Credit Facility-Extended Fund Facility for Ethiopia

The COVID-19 pandemic has had a significant adverse impact on Ethiopia and created serious health and economic challenges

End-of-Mission press releases include statements of IMF staff teams that convey preliminary findings after a virtual visit to a country. The views expressed in this statement are those of the IMF staff and do not necessarily represent the views of the IMF’s Executive Board. Based on the preliminary findings of…