The International Monetary Fund and Gambian authorities have reached a staff-level agreement on a new three-year support package of around $100 million, the Fund said in a statement on Wednesday. The program will support agreed economic policies and reforms. It aims to tackle inflation and foreign exchange pressures, reduce debt[Read More…]
Tag: IMF
Africa To Have Third Seat On IMF Board – Official
Africa would soon have a third seat on the International Monetary Fund (IMF) board of directors to give the continent “a louder voice,” IMF managing director Kristalina Georgieva has announced. Georgieva’s announcement came ahead of Monday’s IMF and World Bank meetings kicking off in Marrakesh, Morocco – the first gathering[Read More…]
IMF, WB, EU Should Be Concerned About Gambians’ Uproar Over ‘Corruption’
If the IMF, WB and EU could give Gambia money but with strings attached, they can equally help it deal with corruption. The apparent laisez faire attitude of these financing institutions towards the deepening public perception of official corruption in the country has yet to be understood. Despite pumping millions of[Read More…]
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