Friday , January 24 2020
Home / Tag Archives: IMF

Tag Archives: IMF

Who’s buying biggest guns?

Latest in Uganda, Rwanda, Kenya, Burundi firepower | THE INDEPENDENT | Countries in the East African region continue to spend more on strengthening their armed forces, according to latest data. Although Kenya and Tanzania are the biggest spenders because of their relatively big budgets, most attention is on Uganda, Rwanda, …

Read More »

Unemployment fuels unrest in Arab states: IMF

Dubai, United Arab Emirates | AFP | Unemployment and sluggish economic growth are fuelling social tension and popular protests in several Arab countries, the International Monetary Fund said Monday. The unrest is in turn contributing to slower growth in the Middle East and North Africa (MENA) region, alongside global trade tensions, …

Read More »

Agriculture budget passes Ugx 1 trillion mark

Kampala, Uganda | THE INDEPENDENT | The budget allocation for the agriculture sector will in the next financial year pass the 1 trillion Shillings mark for the first time in what officials say will cater for research, fertilizers and coffee strategy. The allocation to the sector will grow by 300 billion …

Read More »

Debt servicing is straining service delivery – IMF warns Uganda

Kampala, Uganda | THE INDEPENDENT | The International Monetary Fund (IMF) has warned that as Uganda allocates more resources to interest repayment, key social services are being starved which will, in turn, impact health, schools, and job creation. In its latest economic outlook report for Uganda after the executive consultations on …

Read More »

Time for a true global currency

Turning the SDR into a global currency would yield benefits for the world’s economy and monetary system Project Syndicate | José Antonio Ocampo | This year, the world commemorates the anniversaries of two key events in the development of the global monetary system. The first is the creation of the …

Read More »

IMF warns rising debt makes economy more vulnerable

Washington, United States | AFP | Rising corporate and government debt levels and the sharp increase in more risky lending could leave the global economy vulnerable to another severe downturn, the International Monetary Fund warned Wednesday. While the concerns “aren’t all setting off alarm bells just yet,” governments will face challenges …

Read More »