IMF

New year, new me, new you and new us

It’s heartening to see reports of financial results becoming available that highlight how mining companies weathered 2020.
investment

IMF approves US$487.5 million disbursement for Angola

The decision allows for an immediate disbursement of $487.5 million, bringing total disbursements under the arrangement to $3 billion.
newmont

IMF’s policy at odds with green COVID-19 recovery efforts

“If the IMF is serious about the green recovery and a clean and climate-resilient transition they need to start walking the talk themselves."
COVID-19

IMF approves additional US$101.96 million for Malawi

This is the second disbursement under the RCF that brings total IMF COVID-19 emergency support to Malawi to US$193 million.
Trek Metals COVID-19

IMF approves US$152.61 million for Gabon’s COVID-19 efforts

This is the second purchase COVID-19 under the RFI to Gabon. It aims at helping Gabon in meeting its urgent balance of payments needs.
Letšeng lesotho covid-19

IMF approves US49.1 million for COVID-19 support in Lesotho

"The COVID-19 crisis heightens the importance of a steadfast implementation of pro-growth reforms to ensure sustainable and inclusive medium-term growth.”
South Africa coronavirus covid-19

IMF approves US$4.3 billion for South Africa for COVID-19 efforts

The COVID-19 pandemic is evolving in South Africa at a challenging time. With severe structural constraints to growth and economic activity.
Egypt Altus Strategies

IMF approves US$5.2 billion for COVID-19 challenge in Egypt

The IMF has approved a 12-month stand-by arrangement for Egypt, with access equivalent to SDR 3.76 billion (about US$5.2 billion or 184.8% of quota).
COVID-19

IMF approves US$148 Million to Guinea to address COVID-19

"The COVID-19 pandemic and mitigation measures have given rise to urgent balance of payments and fiscal financing needs," Mitsuhiro Furusawa.
Tanzania Kabanga Nickel

IMF approves $US14.3 million grant to Tanzania

“The IMF’s debt service relief under the Catastrophe Containment and Relief Trust will free up public resources to help address the COVID-19 pandemic.

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