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Politics

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IMF Support Helps Ethiopia Unlock $16.6 Billion From World Bank

The World Bank is committed to supporting Ethiopia’s aspiration of becoming a middle-income country

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IMF Advises UK Chancellor Rachel Reeves to Refine Fiscal Rules

The IMF has suggested that UK Chancellor Rachel Reeves adjust existing fiscal rules to prevent emergency spending cuts during economic downturns.

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IMF Projects £8.5 Billion Loss to UK Economy Due to Tariffs

According to the IMF, former U.S. President Trump’s tariffs could cost the UK economy £8.5 billion by 2026, despite new trade deals aiming to mitigate the impact.

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Govt. to evaluate new IMF funding access

Deputy Prime Minister K Peter Turnquest said yesterday the Ministry of Finance will ‘most certainly evaluate’ the offer of temporary support from the United States.