Improved economic policies in Zimbabwe have led to a ”nascent” recovery in the economy, the International Monetary Fund said on Thursday.
The International Monetary Fund said on Wednesday the world economy has fallen into a severe recession, cutting its forecast for global growth.
Prosecutors staged a surprise comeback this week in their battle with the National Prosecuting Authority’s chiefs over charges against Jacob Zuma.
Sprinklings of positive data suggested the first pieces of a recovery puzzle may be fitting together for the global economy.
Developing countries could face a financing gap of -billion to -billion this year as trade income dwindles and rich nations vie for capital.
A high-level IMF mission will visit Zimbabwe next week after a two-year break to assess the country’s dire economic situation.
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/ 10 December 2008
The financial crisis is set to sharply slow growth in emerging and developing economies next year, ending a five-year global commodity price boom.
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/ 30 October 2008
The IMF has approved a short-term financing facility for emerging-market economies that have a good economic track record.
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/ 26 October 2008
The International Monetary Fund’s board on Saturday cleared managing director Dominique Strauss-Kahn of harassment, favoritism and abuse of power.
In its bleakest forecast in years, the International Monetary Fund said on Wednesday the world economy was set for a major downturn.