International Monetary Fund Archives - UG Standard

Xi Jinping, general secretary of the CPC Central Committee, waves to journalists at the Great Hall of the People in Beijing, Oct. 23, 2022. Chinese economy continues to remain in distress

Chinese economy continues to remain in distress

The struggling Chinese economy has received another jolt after the annual exports reported a fall of around 5 percent in 2023– which...

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OpED

NAM Summit and the opportunity to rebuke Western imperialism

At the Non-Aligned Movement Summit (NAM), which kicked off on January 15, in Kampala, Uganda, whose President has consistently advocated for non-interference...

649

AFRICA

Tanzania requests World Bank, IMF to introduce Kiswahili as working language

Tanzania has requested the World Bank Group (WBG) and the International Monetary Fund (IMF) to introduce Kiswahili as a working language, the...

The IMF Board said it granted a waiver of non-observance of a performance criterion on the ceiling on net credit to the government from the Bank of Uganda (BoU).

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News

IMF approves $120m loan to Uganda despite not fulfilling all conditions

The International Monetary Fund (IMF) Executive Board approved a disbursement of $120 million to Uganda under the Extended Credit Facility arrangement despite...

African Development Bank’s Acting Chief Economist/Vice President Kevin Urama (L), Cathy Pattillo, Deputy Director of IMF’s African Department, and James Roaf, IMF’s Assistant Director Fiscal Affairs and Climate Change Policy Coordinator at a presentation of the African Economic Outlook at the IMF’s headquarters in Washington D.C

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AFRICA

African Economic Outlook 2022: AfDB, IMF experts underscore urgency of climate financing for Africa

African Development Bank and International Monetary Fund (IMF) experts have stressed the urgency of mobilizing climate financing for Africa during a panel...