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IMF completes second review under credit facility for Burkina Faso

The Executive Board of the International Monetary Fund (IMF) has completed its second review under the Extended Credit Facility (ECF) arrangement for Burkina Faso.

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IMF concludes Article IV consultation with Philippines; highlights economic prospects

The International Monetary Fund (IMF) Executive Board has concluded its 2024 Article IV consultation with the Philippines.

IMF approves $24M credit facility for São Tomé & Príncipe

The International Monetary Fund (IMF) Executive Board has approved a 40-month Extended Credit Facility (ECF) arrangement for São Tomé and Príncipe, totaling SDR 18.5 million, approximately US$24 million.

U.S GDP grows at annual rate of 3% in Q3 amid rising exports

The U.S. Bureau of Economic Analysis reported that the real gross domestic product (GDP) increased at an annual rate of 3.1 percent in the third quarter of 2024.

IMF reaches preliminary deal with El Salvador for $1.4 billion extended fund facility

An International Monetary Fund (IMF) staff team has reached a staff-level agreement with El Salvador on a 40-month extended arrangement under the Extended Fund Facility (EFF).

G20 Data Gaps Initiative progresses with focus on climate change

The International Monetary Fund (IMF) has released the Second Progress Report on the Third Phase of the G20 Data Gaps Initiative (DGI-3), as announced by the Inter-Agency Group on Economic and Financial Statistics (IAG) and the Financial Stability...

IMF completes reviews with Mauritania; approves fund disbursements

The International Monetary Fund (IMF) Executive Board has concluded the 2024 Article IV consultation with Mauritania, alongside completing the third reviews of the Extended Credit Facility (ECF) and Extended Fund Facility (EFF), as well as the...

IMF completes eighth review of Suriname's Extended Fund Facility

The International Monetary Fund (IMF) Executive Board has completed the 2024 Article IV consultation and the eighth review under the Extended Fund Facility (EFF) arrangement for Suriname.

IMF concludes reviews with Barbados under EFF and RSF arrangements

The International Monetary Fund (IMF) Executive Board has concluded the Fourth Reviews of the Extended Fund Facility (EFF) and the Resilience and Sustainability Facility (RSF) arrangements with Barbados.

IMF reaches agreement on third review of Bangladesh's credit facilities

An International Monetary Fund (IMF) staff team, led by Chris Papageorgiou, concluded its visit to Dhaka, Bangladesh on December 18, 2024.

Coinbase CEO: 'Crypto is the only payment rail that checks all three boxes'

Brian Armstrong, co-founder and CEO of Coinbase, has emphasized the efficiency of cryptocurrency as a payment method, citing its speed, cost-effectiveness, and global reach.

IMF completes sixth reviews under ECF/EFF programs for Moldova

The International Monetary Fund (IMF) Executive Board has completed the sixth reviews under the Extended Credit Facility (ECF) and Extended Fund Facility (EFF), along with the second review under the Resilience and Sustainability Facility (RSF)...

IMF concludes Article IV consultation with Timor-Leste amid changing economic conditions

The Executive Board of the International Monetary Fund (IMF) concluded its 2024 Article IV consultation with Timor-Leste on December 10, 2024.

IMF completes fifth review of facilities supporting Benin's economic progress

The International Monetary Fund (IMF) Executive Board has completed the Fifth Reviews of Benin's Extended Fund Facility (EFF) and Extended Credit Facility (ECF), along with the Second Review of the Resilience and Sustainability Facility (RSF).

BiT Global: 'Coinbase engaged in predatory or anticompetitive conduct' to monopolize wBTC market

BiT Global has accused Coinbase of engaging in "predatory or anticompetitive conduct" to monopolize the wrapped Bitcoin (wBTC) market.

IMF comments on progress at CEMAC Heads of State summit

At the conclusion of the CEMAC Heads of State meeting, Abebe Aemro Selassie, Director of the IMF's African Department, issued a statement highlighting progress and ongoing challenges in the region.

Europe urged to boost growth through market integration and smart policies

The European Union is reflecting on significant milestones and challenges as it celebrates Lithuania's 10 years in the euro area and the 25th anniversary of the Euro.

IMF approves $7.1M disbursement after completing Guinea-Bissau credit facility review

The International Monetary Fund (IMF) Executive Board has completed the seventh review under Guinea-Bissau's Extended Credit Facility (ECF) arrangement, allowing for a disbursement of approximately US$7.1 million.

IMF completes fourth review of Zambia's extended credit facility