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    Debswana sponsors BFA’s National First Division League with P3.9m 

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      Debswana sponsors BFA’s National First Division League with P3.9m 

      Debswana sponsors BFA’s National First Division League with P3.9m 

      Ditlhokwe Tipped to Excel at Kaizer Chiefs

      Ditlhokwe Tipped to Excel at Kaizer Chiefs

      BCF Aims to Resuscitate Chess this Year

      BCF Aims to Resuscitate Chess this Year

      Tebogo’s Move to US on Hold

      “Don’t Panic,” Tebogo is advised as He Transits to Senior Level

      NSAs decry Absence of School Sports 

      NSAs decry Absence of School Sports 

      BCF fails to send Team to Continental Schools Chess Champs

      BCF fails to send Team to Continental Schools Chess Champs

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      IMF reaches staff-level agreement with the Mozambican authorities

      mm by RMB Africa Research
      September 20, 2022
      in News
      Reading Time: 1 min read
      0
      Zambia on the brink of securing a US$1.4bn IMF facility

      Kristalina Georgieva, managing director of the IMF, Source: Anadolu Agency

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      The International Monetary Fund (IMF) has reached a staff-level agreement with the Mozambican authorities on the economic and financial policies that could support the approval of the First Review of the programme under the Extended Credit Facility arrangement.

      The agreement is subject to the approval of the IMF Executive Board in December, which would enable the disbursement of SDR45.4m (around US$63.8m). According to the IMF, Mozambique has met “all quantitative and structural benchmarks set for the first review, and good progress has been made on the broader structural agenda.” While the macroeconomic environment remains challenging going forward, authorities in Mozambique aim to complete their ambitious economic reform agenda, including a sovereign wealth fund law, reform of public sector remuneration and the amendment of the public probity law.

      Tags: International Monetary Fund

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