South Sudan News Now | Latest news and Analyses on politics, economy and peace in South Sudan, Sudan and Eastern Africa

Ethiopia: IMF offers $2.9 billion financing package for Ethiopia’s economic reform

December 23, 2019 Addis Ababa, economy, Newsbeat

December 23rd, 2019 (SSNN)-The International Monetary Fund’s Executive Board has approved a three-year $2.9 billion financing package to support Ethiopia’s economic reform program, the IMF said said in a statement. The agreement, supported by the Fund’s Extended Credit Facility (ECF) and Extended Fund Facility (EFF), “aims to support the authorities’ implementation of their ambitious reform agenda and catalyze concessional […]

Sudan’s PM Hamdok meets IMF Managing Director, discusses Sudan’s crippled economy

December 7, 2019 Newsbeat, Sudan, USA

Dec 7th, 2019 (SSNN)-Sudan’s Prime Minister Abdalla Hamdok on Friday met with the Managing Director of the International Monetary Fund, Kristalina Georgieva, and according the IMF the two leaders discussed ways to overhaul the country’s deteriorating economy. Ms. Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), said that she had held a fruitful meeting with the Sudanese leader […]