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  2. Democratic Republic of the Congo and the International ...

    en.wikipedia.org/wiki/Democratic_Republic_of_the...

    Since the year of its joining, the DRC has reached 424.5 million special drawing rights , which amounts to .22% of the total number of SDRs in the IMF. [2] The governor is Deogratias Mwana Nyembo Mutombo , and total number of votes the country has is 12,125, which amounts to .24% of the total number of votes in the institution.

  3. IMF and World Bank pledge Africa focus at first meetings on ...

    www.aol.com/news/morocco-welcomes-annual-meeting...

    The International Monetary Fund and World Bank are holding their annual meetings in Africa for the first time in 50 years as they face a growing chorus of criticism that poorer nations are ...

  4. Nigeria and the International Monetary Fund - Wikipedia

    en.wikipedia.org/wiki/Nigeria_and_the...

    Nigeria joined the IMF on March 30, 1961. [1] Nigeria is Africa's most populous country, with 222.182 million citizens. [1] The nation's IMF quota stands at 2454.5 million (SDR) along with its special drawing rights amounting to 3702.34 million (SDR). [1] As of July 2023, Nigeria experienced a 3.2 GDP change. [2]

  5. Tanzania and the International Monetary Fund - Wikipedia

    en.wikipedia.org/wiki/Tanzania_and_the...

    Tanzania is a member of the International Monetary Fund (IMF) with a current quota of US$551.35 million (397.8 million SDR), [1] and is a part of the South Africa and Nigeria led constituency with a totaling voting share of 2.97%. [2] The IMF has been involved in Tanzania's economy since the 1970s.

  6. IMF says South Africa needs ambitious fiscal consolidation

    www.aol.com/news/imf-says-south-africa-needs...

    The statement follows an IMF visit to South Africa in early July to conduct a "post-financing assessment" after its $4.3 billion loan to the country in 2020 to help it fight the impact of the ...

  7. Structural adjustment - Wikipedia

    en.wikipedia.org/wiki/Structural_adjustment

    However, others doubt whether South Korea is a successful case of IMF structural adjustment. In the process of South Korea and the International Monetary Fund reaching an agreement, the United States played a major role in it. The US government's structural adjustment to South Korea should be based on its own interests. [30]

  8. Sub-Saharan Africa to see world's slowest growth in 2021 - IMF

    www.aol.com/news/sub-saharan-africa-see-worlds...

    Sub-Saharan Africa is set to record the slowest economic growth of any world region this year as the continent struggles to bounce back from a pandemic-triggered downturn, the International ...

  9. IMF Stand-By Arrangement - Wikipedia

    en.wikipedia.org/wiki/IMF_Stand-By_Arrangement

    The IMF Stand-By Arrangement (SBA) is an economic program of the International Monetary Fund (IMF) involving financial aid to a member state in need of financial assistance, normally arising from a financial crisis. In return for aid, the economic program stipulates needed reforms in the recipient country aimed at bringing it back on a path of ...