IMF – CEMAC ECO FINANCE

Incooperation, Economy, Featured, Finance, NEWS

G20 grants Chad Debt Moratorium

April 12, 2021ByLa Rédaction

According to Agence France Presse, to date, 46 countries out of the 73 eligible, have requested and obtained a postponement of the payment of interest, for an amount of 5.7...

InEconomy, Featured, Finance, NEWS

Chad confident of it’s Financial situation

February 3, 2021ByLa Rédaction

"The reserves were in the negative zone so it was necessary to urgently and drastically put in place rather monetary programs and austerity programs which led to cuts in wages,...

Incooperation, Economy, Featured, NEWS

IMF expresses grim economic projection for the CEMAC zone

January 16, 2021ByLa Rédaction

“With the fall in oil prices over the medium term, the outlook is that Cemac's budgetary and external adjustments will be slower than previously expected, and risks are tilted to...

Incooperation, Economy, Featured, Finance, NEWS

Congo and IMF discuss Emergency aid

November 11, 2020ByLa Rédaction

Asked about the continuation of the macroeconomic reform program concluded with the Congo in July 2019, the representative of the Bretton Woods institution said that discussions on this subject will...

Incooperation, Economy, Featured, Finance, NEWS

IMF predicts 3.1% growth rate in sub-Saharan Africa in 2021

October 25, 2020ByLa Rédaction

Abebe Aemro Selassie, Director of the IMF's Africa department, noted that sub-Saharan Africa is currently facing an unprecedented health and economic crisis. “In just a few short months, this crisis...

Incooperation, Economy, Featured, Finance, NEWS

Gabon: Debt could reach 74.7% of GDP in 2020, according to IMF

September 2, 2020ByLa Rédaction

The report also points out that this rate exceeds the convergence threshold of 70% of GDP in force in the Cemac zone, the Economic Community of Central African States (Cameroon,...

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CÉMAC’s unified financial market prepares IPOs

August 25, 2020ByLa Rédaction

It should be noted that the second phase of the CEMAC financial market merger project initiated in July 2019 concerns: the reform of the regulatory framework relating to market activities...

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Equatorial Guinea implements Economic changes for a sustainable future

August 19, 2020ByPeter Nsoesie

"After the recent crisis, it is estimated that our Gross Domestic Product would fall by about 6% in 2020, compared to an initial forecast of a 1.6% drop. In a...

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Gabon presents COVID 19 recovery plan to IMF/ World Bank officials

August 10, 2020ByLa Rédaction

At the end of the discussions, the consensual memorandum adopted by the African governors of the IMF and the World Bank highlighted an improvement in external aid and the effectiveness...

Incooperation, Economy, Featured, NEWS

Congo and IMF wrap up a deal for the transfer of funds

August 7, 2020ByLa Rédaction

“The outcome of the discussions with the IMF is favorable to the disbursement of the second tranche of financing and perhaps the lifting of the others. hanging files. In fact,...