World News

PIDG Emerging Africa Infrastructure Fund’s 2020 Review Shows Loan Book Grew 19% to $1 Billion

19% year-on-year committed loan portfolio growth May 17, 2021/PIDG 8 projects with an EAIF loan commitment value of USD 243m; 19% year-on-year committed loan portfolio growth; Local capital markets strengthened with EAIF anchor support for two local currency bond issues; Zimbabwe becomes 18th African country in current portfolio. The Private Infrastructure Development Group’s […]

Building Forward Better: Toward A Fairer Post-Pandemic World

Managing Director Kristalina Georgieva’s Remarks at the Pontifical Academy of Sciences May 14, 2021/IMF 1. Introduction Monsignor Sanchez Sorondo, President Von Braun, President Zamagni, distinguished ministers and guests: it is truly an honor and a great joy to join you today in person, as we emerge from an unprecedented crisis. […]

IMF Approves Temporary Streamlining of Procedures for Post Program Monitoring During the Pandemic and Renaming of the Policy to Post Financing Assessment

May 14, 2021/IMF On May 7, 2021, the Executive Board of the International Monetary Fund (IMF) approved temporary modifications to the modalities for its Post Program Monitoring (PPM) until end-2022. The increase in IMF lending, including in the aftermath of the COVID-19 pandemic, has led to an unprecedented amount of […]