March 21, 2023/IMF · The Ukrainian authorities and IMF staff have reached a staff-level agreement on a set of macroeconomic and financial policies that would be supported by a new 48-month Extended Fund Facility (EFF) Arrangement. · The EFF, with requested access of SDR 11.6 billion (about US$15.6 billion), or […]
World News
11th Africa Fiscal Forum: IMF MD, European Commissioner for International Partnership Issues Update
March 21, 2023/IMF Ms. Kristalina Georgieva, Managing Director of the International Monetary Fund, and Ms. Jutta Urpilainen, European Commissioner for International Partnerships, today issued the following statement on the occasion of the Eleventh African Fiscal Forum ‘Building a Resilient Africa’, which is taking place virtually from March 21 to March […]
Moody’s Changes Outlook on U.S. Banking System to ‘Negative’ Following SVB Collapse
March 15, 2023/Moody’s Investors Service We have changed to negative from stable our outlook on the US banking system to reflect the rapid deterioration in the operating environment following deposit runs at Silicon Valley Bank (SVB), Silvergate Bank, and Signature Bank (SNY) and the failures of SVB and SNY. Although […]
