The value of Ethiopia’s currency has fallen by 30% against the US dollar after the government relaxed currency restrictions, one the country’s...
Tag - IMF
Ethiopia’s national currency dropped 30 per cent against the dollar after its central Bank floated its birr currency on Monday. This move is aimed at...
The International Monetary Fund (IMF) has approved a bailout of $3.4bn (£2.6bn) for Ethiopia to support its economic reforms over the next four years. The Horn...
The International Monetary Fund (IMF) board has approved the disbursement of $150.5 million financing towards Tanzania’s budgetary support as part of its $1.04...
Ethiopia’s only international government bond slipped in price on Monday after credit ratings agency S&P Global Ratings downgraded it to...
Rating agency Fitch Ratings downgraded Ethiopia’s credit rating on Thursday to junk status. (bad), suggesting an “increased probability” of...
The Hungarian National Bank plans to contribute nearly EUR 14 million to the Poverty Reduction and Growth Trust of the International Monetary Fund (IMF)...
Berlin (3/11 – 40) Sri Lankan President Ranil Wickremesinghe will visit China in the upcoming week as the crisis-hit country...
The global economy is heading for the weakest period of growth since 1990 as higher interest rates set by the world’s top central banks drive up borrowing...