How a country manages public finances and runs a smooth financial systems is about a lot more than just collecting taxes – it’s about governing in an efficient and legitimate way.
NAIROBI, Aug 18 – Kenya has room to tighten monetary policy without damaging its growth prospects and its move to control liquidity through the overnight window is a step in the right direction, the International Monetary Fund said on Thursday.
Egypt has withdrawn its loan request to the International Monetary Fund and the World Bank, an adviser to Finance Minister Samir Radwan told AFP on Saturday.
International Monetary Fund (IMF) financing to Zimbabwe remained subject to the clearing of arrears and further reforms in the fragile economy, the fund said. Zimbabwe’s economy has stabilised following a 10-year slump after the unity government formed by rivals President Robert Mugabe and Prime Minister Morgan Tsvangirai last year adopted the use of multiple foreign […]