Displaying items by tag: IMF

Guyana flags reduced oil profits under ExxonMobil deal

The International Monetary Fund (IMF) has pointed to lingering uncertainty about how much profit oil Guyana will actually rake in, even as that global financial watchdog says it is ready to help the country prepare for oil price shocks.

June 17, 2019
Published in Business & Economy

ERITREA | IMF Staff Completes 2019 Article IV Mission to Eritrea

WASHINGTON DC, May 22, 2019 - Following the peace agreement with Ethiopia and the lifting of international sanctions Eritrea has turned to the International Monetary Fund for assistance to re-build its economy and provide the tools for economic development.

May 22, 2019
Published in Business & Economy

DOMINICA | IMF gives Dominica less than a passing grade

ROSEAU, Dominica, May 16, 2019 - The island of Dominica is struggling to get back on its feet, following the destruction wrought by hurricane Maria in September 2017, and efforts by the government to kick-start the economy by way of large scale public investments aimed at rehabilitation, reconstruction and resilience.

May 17, 2019
Published in Business & Economy

The IMF failed to recognize Juan Guaido as the "intertim president" of Venezuela. | Photo: Reuters

IMF Executives Fail to Recognize Guaido as Venezuela's ‘Interim President’

Majority of the IMF executive committee members failed to recognize Juan Guaido as “interim president” of Venezuela.

April 14, 2019
Published in Latin America

AFRICA | IMF Executive Board Concludes Regional Consultation with West African Economic and Monetary Union

WASHINGTON DC, March 18, 2019 - The Executive Board of the International Monetary Fund (IMF) has concluded its regional consultation with the West African Economic and Monetary Union –WAEMU.

March 18, 2019
Published in Business & Economy

JAMAICA | IMF Supports use of 1/2% reduction in Primary Surplus for Social Assistance

KINGSTON, Jamaica, March 9, 2019 - The International Monetary Fund (IMF), says it supports the government's use of the reduction in the primary surplus target by ½ percent of GDP to 6½ percent to facilitate higher spending in social assistance, citizen security and rural infrastructure in the FY2019/20 Budget.

March 9, 2019
Published in Business & Economy

SVG | IMF Executive Board Concludes 2018 Article IV Consultation with St. Vincent and the Grenadines

WASHINGTON DC, February 25, 2019 - The Executive Board of the International Monetary Fund (IMF) On February 15, concluded the Article IV consultationwithSt. Vincent and the Grenadines.

February 26, 2019
Published in Business & Economy

Prime Minister Mia Mottley and IMF Head of Mission to Barbados, Dr. Bert van Selm.

BARBADOS | IMF says B'dos making good economic progress

WASHINGTYON, DC, February 14, 2019 - The International Monetary Fund , IMF, says Barbados continues to make “good progress’ in its efforts to turn around an ailing economy supported by a multi-million dollar Extended Fund Facility, EFF.

February 14, 2019
Published in Business & Economy

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