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IMF to release $6.2mn under Extended Credit Facility for Afghanistan

The Executive Board of the International Monetary Fund (IMF) completed the first review of the arrangement under the Extended Credit Facility (ECF) for Afghanistan. The completion enables the release of SDR 4.5 million (about US$6.2 million), bringing total disbursements under

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IMF’s new loan for Afghanistan, talks to begin later in May

The International Monetary Fund’s management has welcomed Afghanistan’s request for financial support. The talks on the loan will be discussed later this month amid instability in the country. “The Afghan authorities recently requested a Fund financial arrangement (Extended Credit Facility—ECF)…

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IMF projects a 3.5% growth rate for Afghanistan in 2015

The International Monetary Fund (IMF) in its revised regional economic outlook for the Middle East, North Africa, Afghanistan and Pakistan (MENAP) has predicted Afghanistan’s economic growth rate to overtake Pakistan’s in 2016. Afghanistan’s economic growth rate is projected at 3.5%

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Emphasis on international assistance to Afghanistan at the IMF-WB annual meeting

Minister of Finance Hazrat Omar Zakhilwal highlighted the importance of foreign aid to Afghanistan, as the nation is entering the transmission period, with the foreign troops pulling out of Afghanistan, at the International Monetary Fund-World Bank annual meetings held in

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Sluggish global economy hurting emerging economies-warns IMF’s Christine Lagarde

The global economic crisis has started to hurt growth in emerging economies warned the International Monetary Fund (IMF) head, Christine Lagarde. There has been a widespread uncertainty in Europe, America, and other places around the globe, hampering decision makers from

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IMF warns of instability in the global financial system

In its latest Global Financial Stability Report, published every six months, the International Monetary Fund (IMF) said the global financial risks have increased in the past six months despite the measures taken by the policymakers to make the financial system

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