Search results
Results from the WOW.Com Content Network
The IMF estimates that the total cost of providing debt relief to the 40 countries currently eligible for the HIPC program would be around $71 billion (in 2007 dollars). [2] Half of the funding is provided by the IMF, World Bank, and other multilateral organizations, while the other half is provided by the creditor countries.
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]
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. Over the years, there have been roughly three ...
Africa’s growth has been sluggish in recent years, but IMF managing director Kristalina Georgieva believes new opportunities lie ahead. IMF chief says Africa must do these three things to ...
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 ...
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.
Government participation, including ministries, parliament and sub-national governments Stakeholder participation and involvement. This can include civil society groups, women’s groups, ethnic minorities, policy research institutes and academics, the private sector, trade unions and representatives from different regions of the country.
The International Monetary Fund (IMF) is a major financial agency of the United Nations, and an international financial institution funded by 191 member countries, with headquarters in Washington, D.C. It is regarded as the global lender of last resort to national governments, and a leading supporter of exchange-rate stability.