Statement on The United States Congress Move to Strengthen the IMF’s Resources

March 27, 2020/IMF the International Monetary Fund (IMF) welcomes today’s expedited approval by the United States Congress of the U.S. commitment to strengthen the IMF’s resources. As part of a package of measures on IMF financial resources and governance, the IMF Executive Board gave its approval on January 16, 2020 […]

COVID-19-Joint Statement by the Chair of IMFC, IMF MD

March 27, 2020/IMF International Monetary and Financial Committee Chair Lesetja Kganyago and International Monetary Fund Managing Director Kristalina Georgieva issued the following statement following today’s conference call of the International Monetary and Financial Committee. “We are in an unprecedented situation where a global health pandemic has turned into an economic […]

AfDB launches record breaking $3 billion “Fight COVID-19” Social Bond

Landmark transaction, largest Social bond transaction to date in capital markets‘ March 27, 2020/AfDB The African Development Bank (AAA) (www.AfDB.org) has raised an exceptional $3 billion in a three-year bond to help alleviate the economic and social impact the Covid-19 pandemic will have on livelihoods and Africa’s economies.   The […]