Friday, July 10, 2026

International Monetary Fund

August 17, 2022

Sri Lanka president decides against extending state of emergency

The state of emergency has been in effect for a month and is officially due to end this Thursday.

Sri Lankan protesters
August 17, 2022

Unexpected shocks slowing down China’s economy: Premier Li Keqiang

According to estimates by the International Monetary Fund, the Chinese economy is only likely to grow by 3.3 per cent this year.

Premier Li Keqiang
July 28, 2022

IMF dubs world economy gloomy, uncertain; lowers forecast 

It warned that, with increasing prices continuing to squeeze living standards worldwide, taming inflation should be the first priority for policymakers.

IMF Managing Director Kristalina Georgieva
July 4, 2022

Sri Lanka runs out of fuel supply, begs for credit

Sri Lanka is appealing for credit from other countries, international companies and foreign suppliers for fuel stocks to get it through the next two weeks.

Sri Lankan protesters
June 14, 2022

Workers in Sri Lanka to farm on Fridays to address food shortage

The island nation was hit by a severe foreign exchange shortage, making it difficult to pay for critical imports of fuel, food and medicine.

Sri Lankans farming
June 13, 2022

Africa to produce more billionaires than U.S., UK over next decade: Report

At 80 per cent, Mauritius is expected to have the largest high-net-worth-individual (HNWI) growth on the continent over the next decade.

Aliko Dangote, Johann Rupert, Mike Adenuga, Nassef Sawiris, Patrice Motsepe, and Strive Masiyiwa
April 14, 2022

Protesters reject Sri Lanka prime minister’s invitation for talks

Protesters said they would continue to demand the resignations of the prime minister and President Gotabaya Rajapaksa, his brother.

Protesters in Sri Lanka
March 21, 2022

CBN forecasts 3.24 per cent growth in 2022 despite rising inflation

The apex bank’s governor, Godwin Emefiele, also urged NNPC to take steps to ensure supply of petroleum products.

CBN Governor, Godwin Emefiele.
March 2, 2022

Ukraine asks IMF, G7 to block Russia, Belarus

A statement by the apex bank said this would include banning them from attending meetings this spring of the IMF and the World Bank group.

March 2, 2022

Russian Invasion: IMF, World Bank to give Ukraine billions of dollars

The World Bank Group, meanwhile, is preparing a $3 billion package of support in the coming months.

A destroyed Ukraine school