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COVID-19: IMF approves $4.3bn emergency aid for South Africa

The International Monetary Fund on Monday said it had approved $4.3 billion in aid to South Africa to help it fight the coronavirus pandemic. “The IMF approved $4.3...

Cutting spending too soon could derail recovery, IMF warns

As governments rushed out funding to prevent an economic collapse amid the coronavirus pandemic, global public debt swelled to the highest in history, but the IMF warned...

COVID-19: Nigeria, South Africa, others lose $4.2bn, says IMF

The sub- Saharan Africa region has had the largest capital outflow with over $4.2bn leaving the region since the COVID-19 pandemic hit the continent from the end of...

Coronavirus: IMF reveals pollution data shows early signs of China recovery

The global recession caused by the coronavirus pandemic will be worse than in 2009, but early signs of a recovery are appearing in China, including renewed pollution,...