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Tag Archives: IMF

IMF approves 6.5 bln USD loan for Ecuador: president

QUITO, Ecuador | XINHUA |   Ecuadorian President Lenin Moreno on Wednesday announced the board of the International Monetary Fund (IMF) approved a 6.5-billion-U.S.-dollar loan agreement reached at the end of August. “A few minutes ago I had a conversation with people from the International Monetary Fund and I can tell you that …

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Virus could hamper Africa’s climate change response : IMF

Johannesburg, South Africa | AFP | The International Monetary Fund (IMF) on Thursday warned that coronavirus could further weaken sub-Saharan Africa’s ability to adapt to climate change, as measures to contain the pandemic stretch limited resources. A recent study on the impact of rising temperatures and extreme weather events on growth suggests sub-Saharan Africa — …

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