IMF
Brics alliance strengthens as six nations join inclusive global club
The Brics alliance is counting on its expansion to strengthen global governance reform and offer an alternative to Western-dominated institutionsIMF, World Bank set aside $60bn for coronavirus response in developing countries
The International Monetary Fund and the World Bank are allocating more than $60 billion in emergency funds for developing countries to combat the coronavirus outbreak
IMF sees favourable prospects for Uganda, calls for more social spending
The IMF is optimistic about Uganda's prospects over the next five years but says more social spending is needed to fight unemployment among youths and women
IMF calls for more intrusive bank supervision, and revises down growth forecast
The International Monetary Fund is the latest institution to downgrade Uganda's growth projections for the current financial year, following similar updates by the World Bank and the Bank of Uganda.
IMF urges curb on government spending, praises BoU policy
Bank of Uganda's tight monetary policy has been successful in bringing down inflation to within target, the International Monetary Fund said on Tuesday. But it also raised concerns about high government spending and lower tax collections.