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IMF

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IMF expresses grim economic projection for the CEMAC zone

January 16, 2021By
“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...
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Congo and IMF discuss Emergency aid

November 11, 2020By
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...
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IMF predicts 3.1% growth rate in sub-Saharan Africa in 2021

October 25, 2020By
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...
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Gabon: Debt could reach 74.7% of GDP in 2020, according to IMF

September 2, 2020By
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, 2020By
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, 2020By
"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, 2020By
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...
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Congo and IMF wrap up a deal for the transfer of funds

August 7, 2020By
“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,...
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2020 World Bank – IMF Annual meetings: African Caucus in concertation

August 6, 2020By
For Alamine Ousmane Mey, President of the 2020 African Caucus of the World Bank Group and the IMF, “hosting the African Caucus meeting on Covid-19 confirms the commitment of African...
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Central African States to fine-tune second round of programs with the IMF

August 5, 2020By
This draft emergency plan contains three categories of measures: the first is structurally linked to the economic and financial reforms underway. The second category concerns the production impetus that the...
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Congo to adjust 2021-2023 Budgetary Policy

July 27, 2020By
The Congolese government intends to continue implementing the reforms initiated a few years ago, as part of the implementation of the agreement reached with the International Monetary Fund (IMF).
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BEAC injects 600 billion FCFA into financial market

July 23, 2020By
Indeed, the implementation of this operation is linked to the agreements concluded with the International Monetary Fund (IMF). "To benefit from this operation, the central bank asks the States, in...
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Chad expecting 68 million USD from IMF to mitigate budgetary constraints

July 16, 2020By
The planned disbursement is the second of its kind under the Rapid Credit Facility (FCR). It is the result of lengthy talks between IMF staff and the Chadian authorities, aimed...
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Cameroon unveils 2021-2023 Economic and Budget programme amid severe economic shocks

July 3, 2020By
The Government is mapping out the 2021-2023 plan when the National Development Strategy 2020-2030, has still not been published. Experts believe the document must synthesize the next axes of development...
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