Source: International Monetary Fund (IMF) |

Opening Remarks: Rabat Conference on the Bali Fintech Agenda (by Tobias Adrian)

Promoting progress in Fintech will surely be a daunting challenge for policymakers

by Tobias Adrian Thank you, Governor Jouahri, for your eloquent opening remarks. And thank you to the Bank Al-Maghrib — which is celebrating its 60th anniversary this year — for hosting this conference. We’re pleased to join you here in Rabat, as we continue a series of conferences that we’re convening…

Source: International Monetary Fund (IMF) |

Somalia - Statement by an IMF Mission on Somalia

An International Monetary Fund (IMF) mission led by Mohamad Elhage visited Nairobi from September 21–27 for a staff visit

An International Monetary Fund (IMF) mission led by Mohamad Elhage visited Nairobi from September 21–27 for a staff visit to discuss with the Somali authorities’ recent developments, progress under the Staff-Monitored Program (SMP), and Somalia’s economic outlook. At the end of the visit, Mr. Elhage issued the following statement: “Since…

Source: International Monetary Fund (IMF) |

Statement by IMF First Deputy Managing Director David Lipton at the Conclusion of Visit to Kenya

Mr. David Lipton, First Deputy Managing Director of the International Monetary Fund (IMF), made the following statement today in Nairobi at the end of his visit to Kenya during May 9–10, 2016: “I am impressed by Kenya’s achievements in recent years. Despite strong global headwinds, real GDP growth averaged 5.5…