PDF" The IMF and Aid to Sub-Saharan Africa

The IMF and Aid to Sub-Saharan Africa

IMF rejects crisis hit Venezuela's request for $5 bn virus aid

The International Monetary Fund on Tuesday rejected economically devastated Venezuela's request for a $5 billion loan to help it cope with the onslaught of coronavirus on the country that an aid agency warned is as prepared as war torn Syria. President Nicolas Maduro made the request earlier Tuesday

The IMF and the World Bank International Monetary Fund

The International Monetary Fund (IMF) and the World Bank are institutions in the United Nations system. They share the same goal of raising living standards in their member countries. Their approaches to this goal are complementary, with the IMF focusing on macroeconomic and financial stability issues and the World Bank concentrating on long term economic development and poverty reduction.

Evaluation Report The IMF and Aid to Sub‑Saharan Africa

In the context of continuing debate about the role of the IMF in aid to low income countries, the Independent Evaluation Office evaluated what, and how well, the IMF has done on aid to Sub Saharan Africa.

The IMF and Aid to Sub Saharan Africa

The report is an important contribution to following through on the IMF’s commitment to its Poverty Reduction Strategy and makes three main recommendations for improving the coherence—actual and perceived—of the IMF’s policies and actions relating to aid to sub Saharan Africa going forward.

IMF denies Venezuela emergency aid to help fight coronavirus

IMF denies Venezuela emergency aid to help fight coronavirus President Maduro requested $5bn in aid after ordering a nationwide quarantine as the virus spreads through the poverty stricken country