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IMF Agrees to Provide Crisis-Hit Sri Lanka $2.9 Billion

IMF staff and the Sri Lankan authorities have reached a staff-level agreement to support Sri Lanka's economic policies with a 48-month arrangement under the...

Global Tech Leaders Converge in Lisbon for Web Summit 2023

The Web Summit convened an impressive 70,236 participants worldwide at Lisbon's Altice Arena, engaging in forward-thinking discussions and exchanges. This diverse assembly comprising CEOs,...

IMF Predict Improvement in Italian Debt

Italy's debt and deficit levels are falling, according to new data from the Italian government and the International Monetary Fund (IMF). However, the two...

IMF, Zimbabwe mull fresh SMP

HARARE - The International Monetary Fund (IMF) has reached an agreement with Zimbabwe to undertake a second staff monitored programme (SMP) on the southern African country to...

African Development Bank Group to launch new trust fund for the circular economy

The Board of Directors of the African Development Bank has approved the establishment of a €4 million Africa Circular Economy Facility to drive integration...