Tag: IMF
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IMF’s $70B Lifeline for Sub-Saharan Africa during COVID-19
The International Monetary Fund (IMF) committed substantial financial support to Sub-Saharan Africa as the COVID-19 pandemic disrupted economies, currencies, and public health systems. According to Abebe Aemro Selassie, Director of the IMF’s African Department, the fund mobilized close to $70 billion in financial assistance to help the region weather the crisis. The figure reflects a…
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IMF Disbursed About $70 Billion to Sub-Saharan Africa During COVID-19 Crisis
Overview: IMF’s Pandemic Support to Sub-Saharan Africa The International Monetary Fund (IMF) mobilized substantial financial backing for Sub-Saharan Africa during the most intense period of the COVID-19 crisis. In a disclosure that underscores the urgency of the pandemic response, Abebe Aemro Selassie, the IMF’s Director of the African Department, confirmed that the fund channeled close…
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IMF Backstops Sub-Saharan Africa with About $70 Billion During COVID-19, Official Confirms
IMF Delivered roughly $70 Billion in COVID-19 Support to Sub-Saharan Africa, Official Confirms The International Monetary Fund (IMF) channelled close to $70 billion in financial assistance to Sub-Saharan African countries at the height of the COVID-19 pandemic, according to remarks by the IMF’s Africa Department Director, Abebe Aemro Selassie. The disclosure sheds new light on…
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Govt shifts to growth as IMF programs face scrutiny
Pakistan’s New Economic Focus: Growth over Short-Term IMF Austerity The government of Prime Minister Shehbaz Sharif has signaled a strategic shift: prioritize economic growth over the conventional IMF-driven austerity measures that have dominated fiscal policy for years. Deputy Prime Minister Ishaq Dar, in recent remarks, argued that IMF programs are often anti-growth, and that the…
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GoldBod Trading Losses Could Rise, Boako Allegedly Claims
Ghana’s Financial Watch Turns to GoldBod Ghana’s financial landscape is again in the spotlight as Dr. Gideon Boako, the Tano North MP and spokesperson for the presidency, asserts that additional losses tied to GoldBod could emerge in the Bank of Ghana’s audited accounts beyond the $214 million already reported by the International Monetary Fund (IMF).…
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Boako Claims Additional GoldBod Losses Could Hit Bank of Ghana Audits Beyond IMF Figure
Overview of the Claim Ghanaian economist and Tano North Member of Parliament Dr. Gideon Boako has raised questions about the full extent of losses linked to GoldBod, a state-owned or state-linked entity in the country’s financial landscape. Speaking in an interview on January 8, 2026, Boako suggested that ongoing financial developments could reveal additional losses…
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Boako Suggests GoldBod Losses Could Surpass IMF-Reported $214 Million in Bank of Ghana Accounts
Overview The conversation around GoldBod’s financial exposure has intensified following remarks by Dr. Gideon Boako, the Member of Parliament for Tano North and a close adviser to the government. In a hardly subtle warning, he suggested that losses linked to the GoldBod saga could extend beyond the $214 million already cited by the International Monetary…



