FinancialAssistance

IMF Faces Internal Critique Over Management of Largest Loans

18 days ago

The International Monetary Fund (IMF) has come under scrutiny from its internal watchdog concerning the handling of some of its largest financial assistance packages. This critique raises significant concerns regarding the operational effectiveness and governance of the IMF, especially in relation to its mission to provide stability to the global economy.

Tunisia Turns to Central Bank for Debt Repayment Amid Economic Struggles

21 days ago

Tunisia, grappling with severe economic challenges, is now seeking assistance from its central bank to help manage its mounting debt. As the country continues to confront a financial crisis characterized by soaring inflation and stagnant growth, the government is increasingly reliant on the central bank for support, which raises concerns about the broader implications for the country's economic stability.

Congo to Secure $2.9 Billion in New Financing from IMF

1 month ago

In a significant move that promises to bolster the Democratic Republic of Congo’s (DRC) economic prospects, the government is set to finalize a groundbreaking deal with the International Monetary Fund (IMF) for new financing of $2.9 billion. This agreement is aimed at supporting the country’s recovery from economic strains exacerbated by global challenges and internal issues.