News

NEWS

Stay informed with the latest updates from South Africa and around the world. Our news section covers a wide range of topics including politics, social issues, crime, environment, global affairs, and human interest stories.

IMF study finds weak budget execution undermines fiscal credibility across Africa

Governments across sub-Saharan Africa are increasingly struggling to deliver on budget promises, with persistent gaps between planned spending and actual outcomes weakening fiscal credibility, according to new analysis by the International Monetary Fund (IMF).

IMF staff-level deal for Tanzania as final ECF, RSF reviews near completion

An International Monetary Fund (IMF) mission has reached a staff-level agreement with Tanzanian authorities on policy steps required to complete the final reviews under Tanzania’s programmes supported by the Extended Credit Facility (ECF) plus the Resilience and Sustainability Facility (RSF).