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05/10/2021 | Press release | Distributed by Public on 05/10/2021 10:02 IMF Staff Update on Discussions with the Zambian Authorities on a New Extended Credit Facility HTML File IMF Staff Update on Discussions with the Zambian Authorities on a New Extended Credit Facility May 10, 2021 Washington, DC: The IMF mission has continued discussions with the authorities during April-May on their request for an Extended Credit Facility (ECF). Building on the earlier discussions in February-March, there was broad agreement on the macroeconomic framework. Notable progress was made in detailing the key policy measures to address the macroeconomic imbalances currently facing Zambia and to enable a return to sustained growth with enhanced fiscal space for social and development spending. The Zambian authorities reaffirmed their continued commitment to reforms. We look forward to continuing ECF discussions as key measures are taken. ....
Date Time IMF Staff Update on Discussions with Zambian Authorities on a New Extended Credit Facility Washington, DC: The IMF mission has continued discussions with the authorities during April-May on their request for an Extended Credit Facility (ECF). Building on the earlier discussions in February-March, there was broad agreement on the macroeconomic framework. Notable progress was made in detailing the key policy measures to address the macroeconomic imbalances currently facing Zambia and to enable a return to sustained growth with enhanced fiscal space for social and development spending. The Zambian authorities reaffirmed their continued commitment to reforms. We look forward to continuing ECF discussions as key measures are taken. ....
Liberia: House Votes to Include L$1,000 Bill in Proposed New Family Banknotes frontpageafricaonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from frontpageafricaonline.com Daily Mail and Mail on Sunday newspapers.
(Business in Cameroon) - The World Bank announces that on April 19, 2021, it approved the release of $100 million (XAF54.3 billion) assistance for Cameroon. According to the Bretton Woods institution, this is the last of a series of three supports in the framework of the Extended Credit Facility (ECF) arrangement between the IMF and Cameroon for the 2017-2020 period. “ As Cameroon is embarking on an ambitious program of reforms, this operation will support policy actions to mitigate the impact of the COVID-19 pandemic by supporting public sector management, improving competition, and protecting the poor and most vulnerable,” comments Abdoulaye Seck, World Bank country director for Cameroon. ....
Wadsam | April 16, 2021 wadsam.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wadsam.com Daily Mail and Mail on Sunday newspapers.