International Monetary Fund (IMF) Staff Concludes Mission to Sierra Leone

The discussions continued during the Spring Meetings of the IMF and the World Bank Group in Washington, DC

An IMF team and the Sierra Leonean authorities held discussions on a new arrangement under the Extended Credit Facility; They made substantial progress towards understandings on the authorities’ development objectives and the reforms needed to achieve macroeconomic stability and maintain debt sustainability; Discussions will continue over the coming months. Continued…

MEDIA ADVISORY: Release of the IMF Departmental Paper on Scaling up Access to Finance for Small and Medium Enterprise in the Middle East and North Africa

Discussions will focus on how small and medium-sized enterprise financial inclusion is at the core of the economic diversification, growth, and job creation challenges many countries are facing

The International Monetary Fund (IMF) will launch its departmental paper entitled Scaling up Access to Finance for SMEs in MENA in a seminar which will take placeat the American University in Cairo, Tahrir campus. The Event is co-hosted by the American University in Cairo, the Economic Research Forum, and the IMF.  Discussions will…

Statement by International Monetary Fund (IMF) Managing Director Christine Lagarde at the Conclusion of a Visit to Ghana

Increasing revenue mobilization, preserving financial stability, improving management of the energy sector, and implementing responsible polices will help anchor investors

Ms. Christine Lagarde, Managing Director of the International Monetary Fund (IMF), issued the following statement today in Accra at the conclusion of her visit to Ghana "My visit to Accra has been very fruitful and informative, and I am extremely grateful for the warm hospitality of the people of Ghana.…

IMF East AFRITAC's Steering Committee Applauds the Center's Crucial Support for Building Stronger Economic Institutions in Member Countries

The Steering Committee of the International Monetary Fund (IMF)’s Africa Regional Technical Assistance Center East (East AFRITAC) met in Addis Ababa, Ethiopia on April 3–5, 2016 to assess the Center’s operations since May 2015, the first year of its fourth five-year program cycle (Phase IV, 2015–2020). The Committee discussed strategic…

Conference Call on Kenya

The IMF will hold a conference call on background with journalists on Tuesday, March 22, 2016 on the publication of the Staff Report for Kenya concerning the completion of the second and final reviews under the previous Stand-By Arrangement (SBA) /Standby Credit Facility (SCF) and the approval of new SBA/SCF…

Nigeria—Act with Resolve, Build Resilience, and Exercise Restraint

By Christine Lagarde, Managing Director, International Monetary Fund, Speech to the Nigerian National Assembly Abuja, January 6, 2016

As prepared for delivery Introduction Honorable Speaker of the House, Honorable Members of Parliament, Honorable Members of the Government, Ladies and Gentlemen, Good morning—and—Happy New Year! I would like to thank you for the gracious introduction, and Members of Parliament and the people of Nigeria for their incredible hospitality. I…

Intergovernmental Group of twenty-four on international monetary affairs and development communiqué October 8, 2015

1.                  We, the Intergovernmental Group of Twenty-Four on International Monetary Affairs and Development, held our ninety-fourth meeting in Lima, Peru on October 8, 2015 with Alain Bifani, Director-General of the Ministry of Finance of Lebanon in the Chair; Mauricio Cárdenas, Minister of Finance and Public Credit of Colombia as First…