Archives des IMF - CEMAC ECO FINANCE

Incooperation, Economy, Featured, Finance, NEWS

IMF Releases 77 billion FCFA to Cameroon

February 3, 2025ByPeter Nsoesie

After an in-depth assessment, the International Monetary Fund (IMF) expressed its satisfaction with Cameroon’s progress in managing its public finances. The institution approved a disbursement of 77.5 billion CFA francs...

Incooperation, Economy, Featured, Finance, NEWS

IMF Team expected in Congo in the weeks ahead

January 31, 2025ByPeter Nsoesie

Led by Senior Social Protection Specialist Joachim Boko, the World Bank (WB) delegation will be in the Congolese capital from February 3 to 14. This mission is expected to accelerate the...

Incooperation, Economy, Featured, NEWS

Oligui Nguema demands clarification over Gabon Debt Situation

January 8, 2025ByPeter Nsoesie

On the instructions of the President of the Transition, the Debt Taskforce will, at the beginning of this year, audit the orders pending payment to the Public Treasury for the...

Incooperation, Economy, Featured, NEWS

CEMAC Meet in Emergency Conclave to address Urgent Challenges

December 16, 2024ByPeter Nsoesie

The heads of state of the Economic and Monetary Community of Central Africa (CEMAC) are meeting on Monday in Yaoundé for better coordination in the face of worrying warning signals...

Incooperation, Economy, Featured, Finance, NEWS

Fuel price hikes feared as Cameroon drops Subsidy by 248 Billion FCFA in 2025

December 3, 2024ByPeter Nsoesie

According to the draft law n°2074/PJL/AN relating to the finance law of the Republic of Cameroon for the financial year 2025, the fuel subsidy will be set at only 15...

Incooperation, Economy, Featured, Finance, Financial markets

IMF Approves 72 Billion FCFA for Cameroon after 6th Economic Review

July 8, 2024ByPeter Nsoesie

The International Monetary Fund IMF Has approved, on the one hand, the 6th review of Cameroon ‘s Economic and Financial Program 2021-2024 supported by the Extended Credit Facility (ECF) and the Extended Credit...

InBusiness opportunities, cooperation, Economy, Featured, Finance, NEWS

IMF says Gabon’s debt at 70% of GDP

June 12, 2024ByJoel Kiese Tukala

Faced with the outcry caused by Gabon’s debt figures (70% of GDP) contained in the recent report produced by the international financial institution, the Resident Representative of the International Monetary...

Incooperation, Economy, Featured, Finance, NEWS

Cameroon to get 71.5 Billion FCFA from IMF under Extended Credit Facility

June 11, 2024ByPeter Nsoesie

In detail, this new agreement falls within the framework of the first review of the Resilience and Sustainability Facility (FRD), as well as the sixth reviews of the program supported...

InBusiness opportunities, cooperation, Economy, Featured, Finance, NEWS

IMF bemoans low income of Gabonese Citizens

June 11, 2024ByPeter Nsoesie

The Resident Representative of the International Monetary Fund (IMF), Gomez Agou, spoke on Monday, June 10, on issues relating to the Report of the IMF’s Article IV consultation with Gabon....

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...