The International Monetary Fund (IMF) will send a team to Zimbabwe next week to assess the country’s tax policy, an official said on Thursday.
Zimbabwe has secured an additional credit line of -million from the African Export-Import Bank (Afrexim) to help its economic reconstruction.
Fears that any tentative green shoots in the global economy could be trampled by a deadly outbreak of swine flu put Asian markets on edge on Monday.
The International Monetary Fund said on Wednesday the world economy has fallen into a severe recession, cutting its forecast for global growth.
Success in winning China’s help with tasks such as reviving the world economy or fighting climate change can depend on which China you’re talking to.
The IMF said on Wednesday it will only provide aid to Zimbabwe once the unity government meets key conditions.
Zimbabwe should clear arrears and implement sound policies if it is to get badly needed IMF financial and technical help to revive the economy.
EU leaders will urge the G20 leading and emerging economies to double the size of the IMF’s arsenal for fighting global recession to -billion.
From Kinshasa to Cairo, economic growth on the continent is set to drop, writes Lynley Donnelly.
As the International Monetary Fund seeks ways to help Africa through the global economic crisis it faces mistrust stemming from past mistakes.
African governments should continue their development spending plans and draw down foreign exchange reserves to bolster their economies, said the IMF.
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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/ 19 February 2009
The world economy will go through a rough patch this year and governments and central banks must revisit the way they operate, the IMF says.
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/ 17 February 2009
The International Monetary Fund warned on Tuesday that official economic recovery efforts were floundering.
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/ 13 February 2009
G7 finance ministers are under pressure to prove they can work together to stop the rot rather than engaging in a battle of "beggar-thy-neighbour".
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/ 11 February 2009
The G7 meet in Rome this week to kick off a run of high-profile meetings among leaders wrestling to get recession-hit economies back on their feet.
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/ 29 January 2009
The economic crisis could throw 50-million people out of work by the end of the year, the ILO said on Wednesday, darkening gloom at the Davos summit.
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/ 26 January 2009
Icelandic Prime Minister Geir Haarde announced on Monday the resignation of his government in the wake of the country’s dire economic crisis.
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/ 26 January 2009
The IMF on Monday cautioned African economic policymakers to prepare a response to the economic threats gathering on the horizon.
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/ 16 January 2009
The global economic crisis is stifling investment into Africa and will put heavy strain on the region, Finance Minister Trevor Manuel said on Friday.
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/ 22 December 2008
Governments’ lack of fiscal stimulus to tackle the global slowdown may make a bad 2009 even worse, said the IMF chief in a recent interview.
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/ 23 November 2008
Leaders from Asia and the Americas promised on Saturday to push for a global free trade deal and reform international lenders.
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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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/ 30 October 2008
Less demand for exports is hurting GDP growth, Graeme Wearden and David Stanway report.
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/ 29 October 2008
The threat of a global recession looms large and more needs to be done to safeguard emerging economies, an International Monetary Fund official said.
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/ 29 October 2008
Pakistan has sought an emergency bail-out from the International Monetary Fund.
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/ 27 October 2008
Growing fears of recession sent share and oil prices plummeting on Monday as markets shrugged off new moves to protect shell-shocked economies.
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/ 27 October 2008
Iceland said on Monday that IMF cash would not be enough to stabilise its ailing economy as it prepared for talks on the financial crisis.
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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.
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/ 23 October 2008
Economic growth in sub-Saharan Africa will dip to 6% in 2008 and 2009 due to tough global conditions, while inflation is seen rising to 12% this year.
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/ 22 October 2008
South Africa’s financial system is ” fundamentally sound and well capitalised”, according to the IMF’s Article Report released on Wednesday.
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/ 18 October 2008
The IMF is investigating its boss, Dominique Strauss-Kahn, to see whether he abused his position in connection with a sexual relationship.