Malawi’s Extended Credit Facility fate November 15

Wakanda News Details

Malawi’s Extended Credit Facility fate November 15

The International Monetary Fund (IMF) Executive Board has set November 15 as the date it will determine Malawi’s Extended Credit Facility (ECF) fate. The board meeting comes after Malawi reached a Staff Level Agreement with the IMF Mission on September 21. According to the IMF Board calendar, the IMF Executive Board will be looking at […]

Source: The Times Group Malawi - Breaking news, politics, sports, entertainment and more - The Times Group Malawi

You may also like

Cryptocurrencies, Central Banks and the Caribbean: OP-ED By David Jessop

In less than three months’ time, El Salvador intends becoming the first country in the world to make Bitcoin its official currency alongside the U.S. Dollar. The country’s president, Nayib Bukele, a populist and media savvy disruptor, says that his decision will generate employment, enable the

fave

Source: https://vifreepress.com

Morocco: Budget Deficit Increased to 7.6 Percent of GDP in 2020 (Central Bank)

[MAP] Rabat -- The economic crisis triggered by the Covid-19 virus weighed heavily on public finances in 2020, with the budget deficit increasing sharply to 7.6 percent of GDP against 4.1 percent in 2019, Morocco's central bank (Bank Al-Maghrib) underlines in its 2020 annual report.

fave

Source: allAfrica.com

IMF projects 6% growth for Zim - The Zimbabwe Independent

BY MTHANDAZO NYONI THE International Monetary Fund (IMF) has predicted that Zimbabwe’s economy will grow by 6% this year, but warned that uncertainty remains high and the outlook will depend on the Covid-19 pandemic’s evolution, the pace of vaccination and implementation of sustainable

fave

Source: The Zimbabwe Independent - The Leading Business Weekly

Imbert: Revenue Authority bill 2021 doesn't need Opposition's support - Trinidad and Tobago Newsday

FINANCE Minister Colm Imbert said the government has amended the TT Revenue Authority Bill, 2021, to no longer need a special majority to be passed. He said this had been done to forestall the Opposition’s efforts to block the bill as it had done in 2018 and 2019. In his presentation in the Se

fave

Source: Home - Trinidad and Tobago Newsday

Getting an IMF loan 'important' for Zambia, says the country's new finance minister | Fin24

Situmbeko Musokotwane faces the daunting task of pulling country out of a protracted debt crisis and prioritising IMF talks.

fave

Source: https://www.news24.com

Tanzania: IMF Board Approves Sh1.3 Trillion Emergency Support Fund for Tanzania

[Citizen] Dar es Salaam -- The Executive Board of the International Monetary Fund (IMF) has approved a disbursement of $189.08 million under the Rapid Credit Facility (RCF) and a purchase equivalent to $378.17 million under the Rapid Financing Instrument (RFI), a total of $567.25 million.

fave

Source: allAfrica.com

Africa: Development Finance Institutions Club Together At G7 Summit Earmarking U.S.$80 Billion for African Private Sector

[Namibia Economist] The development finance institutions of the G7, joined by the International Finance Corporation, the European Bank for Reconstruction and Development, the African Development Bank and the European Investment Bank committed US$80 billion for private sector investment across the

fave

Source: allAfrica.com

The President and oil and gas information - Stabroek News

At his press conference last Monday, which one hopes will be convened at least monthly, President Ali contended that his government had not sequestered vital information on the oil and gas sector from the

fave

Source: Stabroek News - Guyana's Most Trusted Newspaper

Seychelles: African Development Bank Loans Seychelles U.S.$20 Million to Cover Budget Gap

[Seychelles News Agency] The African Development Bank (AfDB) has approved a $20 million loan to support the Seychelles' government budget, said a top official on Thursday.

fave

Source: allAfrica.com

Tunisia: U.S. Calls On Tunisia to Finalise Negotiations With IMF As Soon As Possible

[Tunis Afrique Presse] Tunis/Tunisia -- Deputy Secretary of the US Department of the Treasury for Africa and the MENA Region Eric Meyer called on Tunisia to speed up the finalisation of negotiations with the International Monetary Fund (IMF) to address the economic crisis exacerbated by the

fave

Source: allAfrica.com

Equatorial Guinea: IMF Executive Board Approves U.S.$67.38 Million in Emergency Support to Equatorial Guinea to Address the Covid-19 Pandemic and Accidental Explosions

Document - The Executive Board of the International Monetary Fund (IMF) today approved a disbursement of SDR 47.25 million (about US$67.38 million, 30 percent of quota) to Equatorial Guinea under the Rapid Financing Instrument (RFI). The disbursement will help meet the urgent fiscal and balance of

fave

Source: allAfrica.com

PJ Patterson – Africa and Caribbean must link | New York Carib News

It is now 15 years since my retirement from public life and my wish in these closing years is to contribute in whatever way I can to advance the cause of our racial identity as we seek to establish now and forever that no matter the color of our skin, we belong to one single race: the human race.

fave

Source: The New York Carib News

East Africa: Kenya and EAC Sued Over $2.34 Billion IMF Loan

[East African] Kenya's Attorney-General Justice Kihara Kariuki and the EAC Secretary-General Peter Mathuki have been named as first and second respondents respectively in a case filed by two Kenyan organisations at the East African Court of Justice.

fave

Source: allAfrica.com

Africa: Joint Statement of the Multilateral Leaders Task Force On Covid-19 Vaccines, Therapeutics, and Diagnostics for Developing Countries Following Its Second Meeting

[WHO] New Global Database to Enhance Transparency and Improve Delivery of COVID-19 Tools

fave

Source: allAfrica.com

Liberia: IMF Governors Approve U.S.$650 Billion

[New Dawn] *Liberia to bag 350 Million on drawing rights

fave

Source: allAfrica.com

IMF Calls For Urgent Action To Address Worsening ‘Two-Track’ Recovery Amid Covid-19 – The Wilmington Journal

WASHINGTON — The International Monetary Fund called for urgent action to address a worsening “two-track” recovery as Group of Twenty (G20) finance ministers and central bank governors are set to meet later this week. “The world is facing a worsening two-track recovery, [...]

fave

Source: The Wilmington Journal

Economists Dookeran, Attz on removal of subsidies: Balance is needed - Trinidad and Tobago Newsday

FORMER finance minister Winston Dookeran suggested Government examine balancing structural deficits over time. He made this comment on Thursday in response to comments made by Finance Minister Colm Imbert on Tuesday about removing billion-dollar subsidies on water, electricity and fuel. Dooke

fave

Source: Home - Trinidad and Tobago Newsday

Now or never - The Times Group Malawi

By Patrick Achitabwino: As long as you are awake, divine providence has accorded you an opportunity to work on your dreams again. Failures of the past matter nothing. Lost opportunities need to have no room to mourn over them. Today is the new day for you, a new beginning; a brilliant opportunity

fave

Source: The Times Group Malawi - Breaking news, politics, sports, entertainment and more - The Times Group Malawi

Why do Black heroes die so soon?

Abdulai Mansaray: 18 June 2021: Today marks three months since John Pombe Joseph Magufuli passed away, but like many before him, his death has not passed without the proverbial conspiracy theories. We all know how conspiracy theories can be persuasively plausible, and like Thomas Sankara, Samora

fave

Source: SIERRA LEONE TELEGRAPH – Sierra Leone News

How Africa can attract investments in 2021

(Partner Content) Africa's economies are at a crossroads. Economic activity has come to a halt as a result of the COVID-19 epidemic. Africa's hard-won productivity benefits, which have been essential in raising living standards over the last two decades, could be undone.

fave

Source: South African News | Online News | The South African

What I would do with US$931m - NewsDay Zimbabwe

By Vince Musewe ZIMBABWE recently received a whooping US$961 million under the IMF special drawing rights (SDR) facility. The SDR is an international reserve asset created by the IMF in 1969 to supplement the official reserves of member countries. It is a potential claim on freely usable currencies

fave

Source: NewsDay Zimbabwe - Everyday News for Everyday People

Why are Kenyans trolling the IMF? - The Kenya News

Kenya’s economy is struggling, but many believe another loan will only benefit corrupt officials and leave ordinary citizens to pay off the debt. At the World Bank/ IMF Spring Meetings in 2019. Credit: World Bank/Simone D. McCourtie. For lack of a better word, Kenyans are currently trolling the

fave

Source: The Kenya News

Black Agenda Report Publisher Glen Ford’s death a devastating blow for Africans everywhere - African American News Today - EIN Presswire

… policy and corporate greed impacted African Americans, Africans on the continent, in …

fave

Source: San Francisco Bay View

Zimbabwe: IMF Projects 6pc GDP Growth for Zim

[The Herald] Zimbabwe's economy is expected to grow by 6 percent this year on the back of a bumper harvest, increased energy production and resumption of greater manufacturing and construction activities, the International Monetary Fund (IMF) has said.

fave

Source: allAfrica.com

G20 Compact with Africa reaffirms commitment to securing Africa’s recovery from Covid

Sierra Leone Telegraph: 30 August 2021: Participants of a G20 Compact with Africa meeting this week assessed Africa’s progress in fighting the Covid-19 pandemic. “We are meeting at a pivotal time in the relationship between Africa and the rest of the world,” said Italian prime minister Mario

fave

Source: SIERRA LEONE TELEGRAPH – Sierra Leone News

Seychelles: IMF Approves $105 Million for Seychelles to Support Economic Stability

[Seychelles News Agency] The executive board of the International Monetary Fund has approved $105 million under the Extended Fund Facility for Seychelles with an immediate disbursement of $34.26 million.

fave

Source: allAfrica.com

TSC plans to hit education graduates hard

All secondary school teachers will have to undertake a one-year mandatory post-graduate diploma in teaching before they can be licenced to teach.

fave

Source: https://www.standardmedia.co.ke

Uganda: Talkback - Is Govt Finally Giving in to Policy Reversal On Liberalisation?

[Monitor] On May 12, Monitor carried an interesting piece titled 'Liberalisation policy reversal: Is Govt finally giving in?'

fave

Source: allAfrica.com

Africa: A New Commitment for Vaccine Equity and Defeating the Pandemic

Guest Column - As preparations are made for the G7 Summit in the UK next week, top of the agenda is how to end the COVID-19 pandemic and secure the global recovery. Urgent challenges face us.

fave

Source: allAfrica.com

Angola: IMF Advises Saving On Extra Oil Revenues

[ANGOP] Luanda -- The representative of the International Monetary Fund to Angola, Marcos Souto, reiterated this Tuesda, the need to save the extraordinary revenues generated by the rise in the price of a barrel of oil in the international market.

fave

Source: allAfrica.com

More from The Times Group Malawi - Breaking news, politics, sports, entertainment and more - The Times Group Malawi

Gabadinho Mhango ends goal drought - The Times Group Malawi

Blantyre giants charged - The Times Group Malawi

Minerals and money - The Times Group Malawi

Infotainment – 7 May 2021 - The Times Group Malawi

‘Local Girl’ turns on traditional music ignition key - The Times Group Malawi

It takes a thief to catch a thief - The Times Group Malawi

Bullets land on Silver - The Times Group Malawi

Fear grips Asian community over attacks - The Times Group Malawi

Peter Mutharika, Kondwani Nankhumwa disagree on Vuwa Kaunda’s replacement - The Times Group Malawi

Referee woes - The Times Group Malawi

How govt, corruption waged war on Malawi’s forests - The Times Group Malawi

Mr Zembani, Joseph Nkasa share stage in Zomba gig - The Times Group Malawi

Charles Sinetre promises transparency in Sir Paul Banda, Isaac Liwotcha fundraiser - The Times Group Malawi

FDH, Fam to train Flames players in savings, investment - The Times Group Malawi

Mixed fortunes at Malawi Stock Exchange in April - The Times Group Malawi

No redress for Msundwe women - The Times Group Malawi

Lloyd Muhara off the bench - The Times Group Malawi

Low turnout at Sounds of Malawi - The Times Group Malawi

Times Exclusive with Jimmy Korea Mpatsa - 8 May 2021 - The Times Group Malawi

Sales start well at Mzuzu floors - The Times Group Malawi

Lazarus Chakwera hails Malawi, US relations - The Times Group Malawi

Joyce Mvula shines in Thunders’ victory - The Times Group Malawi

Dennis Ngulube faces life ban, Blantyre giants on referees’ neck - The Times Group Malawi

Feast of films at EU Fest - The Times Group Malawi

South Sudan president dissolves parliament - The Times Group Malawi

A pool of sorts - The Times Group Malawi

Petition on World Heritage Site threat - The Times Group Malawi

Malawi face Zambia in Caf Women’s Cup qualifiers, U-20 Fifa Qualifiers - The Times Group Malawi

16 declared ‘persona non-grata’ at Macra - The Times Group Malawi

Bridge linking Botswana, Zambia inaugurated - The Times Group Malawi

Theatre in Mandala seeks to grow theatre - The Times Group Malawi

Santy learns from Ethno - The Times Group Malawi

Code makes fresh move - The Times Group Malawi

Women at the core of fighting violence - The Times Group Malawi

FDH prize money excites clubs - The Times Group Malawi

‘Farmers are being duped’ - The Times Group Malawi

Lazarus Chakwera dares graduates on national growth - The Times Group Malawi

Pac rejects Martha Chizuma as ACB Director - The Times Group Malawi

Council to discuss politicians in sports - The Times Group Malawi

Malawi 2063 Realisation within the Liberal Democratic Environment - The Times Group Malawi

Nomads eye seeded slot - The Times Group Malawi

Dynamos complete signing of Scorchers duo - The Times Group Malawi

Hannah seeks to build career - The Times Group Malawi

Peter Banda, Charles Petro bask in Moldova league glory - The Times Group Malawi

Maize farmers cry foul - The Times Group Malawi

Lazarus Chakwera to lead Kamuzu memorial - The Times Group Malawi

Malawi defies WHO on vaccine - The Times Group Malawi

Social networking High Definition style - The Times Group Malawi

Riding to Chanco the Kabaza way - The Times Group Malawi

Contrasting fortunes - The Times Group Malawi

Education Facts

Arts Facts

Business Facts

Blackfacts BETA RELEASE 11.5.3
(Production Environment)