September 24, 2021
  • September 24, 2021

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Historic IMF SDRs allocation to members comes into effect

by on August 23, 2021 0
The International Monetary Fund (IMF) said the historic $650 billion Special Drawing Rights (SDRs), considered as “a significant shot in the arm for the world” comes into effect on Monday. According to IMF Managing Director, Kristalina Georgieva, the SDR allocations to member nations will provide additional liquidity to the global economy system. In a... Read More

IMF projects 4.7% economic rebounds for Ghana in 2021

by on July 22, 2021 0
The International Monetary Fund (IMF) has lauded Ghana for exiting the Financial Action Task Force’s (FATF’s) anti-money laundering (AML) and counter-terrorism financing (CTF) list. Ghana was taken off the FATF’s “grey list” in June this year. The country was added to the FATF’s “grey list” in February last year after the global watchdog found... Read More

IMF says access to vaccinations could save more than 500,000 lives

by on July 7, 2021 0
The International Monetary Fund (IMF) has estimated that faster access to vaccinations for high-risk populations could potentially save more than half a million lives in the next six months alone. “The world is facing a worsening two-track recovery, driven by dramatic differences in vaccine availability, infection rates, and the ability to provide policy support. It is... Read More

IMF wants COVID Vaccines supply to sub-Saharan Africa speed up

by on June 28, 2021 0
By Kristalina Georgieva and Abebe Aemro Selassie Sub-Saharan Africa is in the grips of a third wave of COVID-19 infections that threatens to be even more brutal than the two that came before. This is yet more evidence of a dangerous divergence in the global economy. One track for countries with good access to vaccines, where strong... Read More