2.6.2009
7:27
IMF lending to Africa set to double: official
By Lesley Wroughton
WASHINGTON - Lending by the International Monetary Fund to Africa is set to double this year as the region is gripped by the global economic crisis and more countries need aid, senior IMF officials said on Monday.
The IMF has seen a sharp rise in demand for its loans from African countries this year as their balance of payments are hit by a sharp drop in revenue from exports, volatile commodit
WASHINGTON - Lending by the International Monetary Fund to Africa is set to double this year as the region is gripped by the global economic crisis and more countries need aid, senior IMF officials said on Monday.
The IMF has seen a sharp rise in demand for its loans from African countries this year as their balance of payments are hit by a sharp drop in revenue from exports, volatile commodit
Post published in: Zimbabwe News