International Monetary Fund (IMF)

  1. New Lebanese PM: IMF talks a priority

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    Video caption: Lebanon's new prime minister says his priority is a resumption of talks with the IMF

    Lebanon's new prime minister says his priority is a resumption of rescue talks with the International Monetary Fund

  2. How will Afghanistan's economy survive under the Taliban?

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    Video caption: The IMF and other countries are refusing to recognise the organisation.

    The IMF and other countries are refusing to recognise the organisation.

  3. Covid pushing 30 million Africans into poverty - IMF

    Will Ross

    Africa editor, BBC World Service

    A medical worker prepares a dose of AstraZeneca at the Ruaraka Uhai Neema Hospital in Nairobi, Kenya - 8 April 2021
    Image caption: Some African nations will need to increase health spending by 50% to vaccinate 60% of their populations, the IMF says

    The International Monetary Fund (IMF) has warned that more than 30 million people in sub-Saharan Africa are being pushed into poverty by the economic impact of the coronavirus pandemic.

    It has called on wealthier nations to help African countries get better access to vaccines.

    The IMF estimates that some African countries - aiming to vaccinate 60% of their populations - will need to increase their health spending by 50%.

    Last year, economies in sub-Saharan Africa contracted by almost 2% - the worst year on record.

    The lockdowns have hurt businesses - from market-stall holders to tourist resorts and multinationals.

    Having a young population seems to have helped protect the continent from the coronavirus.

    But with Africa's population growing so fast, vast numbers of young people need work.

    So the lockdowns need to end as soon as possible and the vaccines rolled out quickly to reduce the economic impact across the continent.

    The IMF estimates that they will recover this year with a growth spurt of 3.4%, although all other regions in the world are expected to experience greater economic growth.

  4. Kenyan anti-IMF activist in trouble over viral poster

    A Kenyan activist who was arrested for tweeting a poster warning the world not to lend President Uhuru Kenyatta has been released on bond as investigations continue.

    The poster was widely circulated as Kenyans online petitioned the International Monetary Fund (IMF) not to approve loans to the country.

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    Mutemi Kiama was released Thursday on a 500,000 shillings ($4,600; £3,300) bond and has been ordered to report daily to the investigating officer.

    He had spent two nights in police custody as investigators sought orders to further detain him.

    Kenyans online have been protesting against the IMF for offering the country a $2.4bn loan for Covid-19 response, citing corruption.

    IMF has since defended its decision to approve the loan despite the public outcry.

    The lender said Kenya had "demonstrated a strong commitment to fiscal reforms" adding that it was supporting the country's "plan to reduce debt vulnerabilities while safeguarding resources to protect vulnerable groups".

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