Claims in Chinese yuan amounted to $336.1 billion in the fourth quarter of 2021, accounting for 2.79% of the total allocated foreign exchange reserves, the International Monetary Fund’s (IMF) survey ...
This is contained in an IMF country report No. 20/288 published by the Fund recently. The IMF further expects growth to fall to 0.6 percent in 2020. “Following a robust ...
The record deficit projection comes on the back of the devastating effect of the coronavirus pandemic, which caused a huge shortfall in government’s revenues amidst bigger-than-expected spending in a frantic ...
The disbursement is the second tranche under the RCF and follows a $91 million package approved on May 1, 2020 and brings the total financing under the facility to $193 ...
The projection was made by the International Monetary Fund (IMF). The outlook for 2021, according to the Fund is positive with the 5.9 growth rate well above that of the ...
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