Tag Archives: IMF

THE LAST WORD Museveni freedom fighter talk: Why Museveni said he is not a servant of anyone and who may have been the target of his statement. COVER STORY IMF boss ensures 2017 budget will be `hard’:When President Yoweri Museveni, Minister of Finance, Economic Planning and Development Matia Kasaija, Governor …

IMF head Christine Lagarde has conceded the Washington lender had been late waking up to the widening gap between rich and poor around the world, but is now researching answers to help the middle class By Antonio Rodriguez. Lagarde on Jan.18 made the admission to an audience of high-flying executives …

Lagarde is visiting when the government is desperate for new money but in no mood to listen. Usually that means no deal but possibly not when the IMF and Museveni need each othe. Meetings between teams from IMF and planners of Uganda’s economy, especially President Yoweri Museveni, have historically involved …

The Speaker of Parliament Rebecca Kadaga has called upon the International Monetary Fund (IMF) to support Uganda in streamlining Gender Budgeting. In a meeting with the head of the IMF Christine Lagarde at Parliament on Friday, Kadaga highlighted the challenges faced by women and noted that funds allocated to the …

MUSEVENI: We need IMF support for economic growth The International Monetary Fund (IMF) will support Uganda’s education and health sector plan to build houses for teachers and medical workers. The assurances were given by the visiting IMF Director Christine Lagarde in a meeting at State House Entebbe Friday with Uganda’s President Yoweri Museveni. …

THE LAST WORD: By Andrew M. Mwenda Don’t judge Uganda by where it is but by the speed at which it is growing I have been arguing that Uganda’s economy has been growing at an impressive rate over the last 30 years. Many readers have written to me saying that …

Colombo, SRI LANKA | AFP |  Sri Lanka’s economy has begun to stabilise after securing a $1.5 billion bailout earlier this year, but the island needs to build its dwindling foreign reserves, the IMF said Saturday. The Washington-based International Monetary Fund said it had just concluded its first review of …

The economy isn’t in such a bad shape as earlier thought, the International Monetary Fund (IMF) has said in its latest assessment. Speaking at the conclusion of a two-week’s 7th review of Uganda’s economic programme under the Policy Support Instrument (PSI), Axel Schimmelpfennig, the IMF Mission chief, said the country’s prospects …

Cairo, Egypt | AFP |  IMF chief Christine Lagarde said Thursday that Egypt is going through a currency “crisis,” suggesting a quick devaluation to tackle a widening gap between the official and black market rates. Egypt has been struggling to shore up its foreign currency reserves in the political and …

THE LAST WORD: By Andrew M. Mwenda Why foreign direct investment is overrated and why Africa needs to cultivate local businesses There is a fad in Africa. It is called Foreign Direct Investment (FDI). Across our vast continent, foreign investors are the most treasured visitors. Practically every country is obsessed …