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The Executive Board of the International Monetary Fund (IMF) approved on October 26, 2016 technical modifications to the methods for collecting the exchange ...
Biggest News Source for News in Uganda and the East African Region ,Breaking news in Uganda and Daily news and the latest from Uganda.

Islamabad: Pakistan has had no luck with the World Bank funding its 4500 megawatt Diamer-Bhasha dam, a project that India opposes, because it's located in a disputed area in Gilgit-Baltisan.
Dubai, United Arab Emirates (AP) - Oil-rich gulf countries face further economic strain as crude prices remain low, requiring them to cut back spending and raise money other ways, the heads of the International Monetary Fund and the U.S. Treasury have ...
It is rich in mineral resources, but mining production fell 0.2 percent year-on-year in August and farmers are suffering from the worst drought in more than a century.

The Platform for Collaboration on tax is a joint initiative of the International Monetary Fund (IMF), the Organisation for Economic Co-operation and Development (OECD), the UN Department of Economic and Social Affairs (DESA), and the World Bank Group.
But as I've noted when writing about international bureaucracies, the professional Economists who work for these organizations often produce very good work.
Maputo - The International Monetary Fund is ready to assist Mozambican authorities in debt negotiations with creditors after the finance ministry warned borrowing levels were unsustainable, IMF country head Ari Aisen said on Wednesday.
A team from the International Monetary Fund (IMF) led by Axel Schimmelpfennig, IMF Mission Chief, visited Kampala from October 12 to 26, 2016 to conduct the seventh review of Uganda's economic program under the Policy Support Instrument (PSI).
As the country's national debt nears 180 percent of its GDP, Greece is facing pressure from the International Monetary Fund to dismantle union rights and employment benefits. Athens has been pressing lenders to a more relaxed repayment schedule, but ...
Riyadh- The gulf ministers of finance and governors of central banks will convene with the International Monetary Fund (IMF) Chief in Riyadh Wednesday evening to discuss latest developments in the international economy and the effect on the region.
Drake University will host a panel discussion Tuesday, Nov. 1, on the topic "Are International Financial institutions Still Relevant?
The International Monetary Fund warned on Tuesday that growth in sub-Saharan Africa was likely to slow to its lowest point in more than 20 years, with average growth forecast at just 1.5 percent this year because of lower commodity prices and an ...
Ms. Christine Lagarde, Managing Director of the International Monetary Fund (IMF), issued the following statement today at the conclusion of her visit to Pakistan: "I would like to start by offering my condolences to the Pakistani people for the tragic ...
This summer, the International Monetary Fund floated Iraq a $5.3 billion loan to help Baghdad weather reforms aimed at tackling oil's prolonged price slump and an ISIS insurgency that has displaced 4 million people.
Greece's labor minister says negotiators from the International Monetary Fund have adopted "extreme neoliberal" positions at the start of a new round of bailout talks in Athens, pressing to aggressively scale back union powers and employment rights.

The official acceptance of the yuan (or renminbi) into the International Monetary Fund's elite currency club on October 1 marked a milestone in the Chinese government's campaign to boost the yuan's international appeal.
But the decision of the Monetary Board was in line with earlier moves of the International Monetary Fund (IMF), and not on the recent visit of President Rodrigo R. Duterte to China, according to the central bank.
The International Monetary Fund (IMF) wants budget deficit this year not to exceed JD918 million. The budget for 2016 estimated deficit to be around JD907 million, an indication that the political will to abide by the IMF programme is strong.
ASHINGTON (AP) - The International Monetary Fund warned Friday of weak growth prospects in Central Asia and the Caucasus and called for active reforms to energize the post-Soviet economies.
Recently, the International Monetary Fund (IMF) has cited increasingly higher nontariff barriers as one of the main causes of dwindling global trade.
The International Monetary Fund has predicted that Britain will be the fastest growing of the G7 leading industrial countries in 2016, with growth of 1.8%.
Zimbabwe has cleared its arrears with the International Monetary Fund as part of efforts to settle its overdue financial obligations to the multilateral institution.
Last month Pakistan completed a three-year $6.6 billion International Monetary Fund loan program. Thanks to the aid, Prime Minister Nawaz Sharif was able to avert a balance-of-payments crisis and boost foreign-exchange reserves to a new high.
WASHINGTON (Reuters) - Zimbabwe has cleared its 15-year-old financial arrears with the International Monetary Fund, a first step towards a new IMF loan program for the drought-stricken, cash-starved country, the Fund said on Thursday.
It is a similar challenge throughout the gulf oil exporting states according to the latest regional economic snapshot from the International Monetary Fund. Tucked inside its report was an alarming number, that non-oil growth is forecast to come in at 1 ...
Muscat: Oman needs to slash spending by nearly 35 per cent to balance its fiscal budgets in 2016, according to the International Monetary Fund's (IMF's) latest regional outlook. To address the mounting deficit, the government should take fiscal ...
"Based on gross domestic product at the end of 2015 published by the International Monetary Fund, the size of South Africa's economy is $301 billion at the rand's current exchange rate, while Nigeria's GDP is $296 billion," Bloomberg had also said.
Muscat: Oman needs to slash spending by nearly 35 per cent to balance its fiscal budgets in 2016, according to the International Monetary Fund's (IMF's) latest regional outlook. To address the mounting deficit, the government should take fiscal ...
The International Monetary Fund (IMF) on Wednesday said modest recovery in oil prices is unlikely to bridge budget deficit of GCC nations and the government will have to keep their momentum to diversify their economies.
New Delhi: The International Monetary Fund (IMF) has warned that Pakistan will need to manage rising outflows related to the China-Pakistan Economic Corridor+ in the years ahead and suggested that its government undertake reforms that support growth ...
"We reaffirm our commitment to a strong, quota based and adequately resourced International Monetary Fund (IMF). Borrowed resources by the IMF should be on a temporary basis," stated Goa Declaration on 8th BRICS Summit concluded here.
The International Monetary Fund (IMF) said its executive board has selected Charles Collyns as the new director of the Independent Evaluation Office of the Fund.
Egypt is inching toward meeting conditions for a bailout package from the International Monetary Fund, as hard currency and some products become increasingly scarce while an escalating spat with key backer Saudi Arabia overshadows.
When the people of Egypt heard that the government was willing to take a loan from the International Monetary Fund (IMF), they didn't think that the government had decided to walk down a hard, tiring path.
The World Bank/International Monetary Fund (IMF) meetings climaxed on Sunday, with the Nigerian delegation having made useful contributions to economic discourse on the world stage.
The economic outlook for Africa keeps getting worse. Growth in the 45 countries that make up Sub-Saharan Africa will drop to its lowest level in more than 20 years, says the International Monetary Fund. It projects a drop to 1.4% this year, less than ...
In its October World Economic Outlook report, the IMF (International Monetary Fund) estimated that the global economy will likely continue to slow down.
The directive reads in part, "Cuba is not a member of international financial institutions (IFIs), such as the International Monetary Fund, the World Bank, and the Inter-American Development Bank, which could provide expertise and potentially finance ...
"We reaffirm our commitment to a strong, quota based and adequately resourced International Monetary Fund (IMF). Borrowed resources by the IMF should be on a temporary basis," stated Goa Declaration on 8th BRICS Summit concluded here.
The International Monetary Fund (IMF) said its executive board has selected Charles Collyns as the new director of the Independent Evaluation Office of the Fund.
Egypt is inching toward meeting conditions for a bailout package from the International Monetary Fund, as hard currency and some products become increasingly scarce while an escalating spat with key backer Saudi Arabia overshadows.
Earlier this month, the International Monetary Fund had projected a robust 7.6 per cent growth rate for India in 2016 and 2017.
Douglas Peters addresses the International Monetary Fund-World Bank's annual meeting in Washington in 1996. "(Peters) became a committed Keynesian, convinced that government had a role to play in ensuring full employment - a view that put him ...
Andrew Holness, outlines details of a new three-year US$1.7 billion precautionary standby successor agreement for the existing International Monetary Fund (IMF) Extended Fund Facility (EFF), which concludes in March 2017, during Thursday's (October 13) ...
The opening bell rests above the floor of the stock market in Cairo, Egypt, Thursday, Oct. 13, 2016. Egypt is inching toward meeting conditions for a bailout package from the International Monetary Fund, as hard currency and some products become ...
Christine Lagarde, Managing Director of the International Monetary Fund, listens to a question during a news conference with Prime Minister Justin Trudeau in Ottawa on Sept.
In May, eurozone governments offered Greece debt relief in 2018, but left key details to be decided later in an attempt to bridge Germany's view that no immediate action was needed and the International Monetary Fund's call for decisions now. "There is ...
finance and Public Service Minister, Hon. Audley Shaw (left), responds to a question at today's (August 19) 13th International Monetary Fund (IMF) quarterly review media briefing, held at the Office of the Prime Minister (OPM). Listening (from second ...


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