Covid-19 Hit Sub-Sahara Africa Gets $16 Billion From IMF, Region Still Faces ...

Covid-19 Hit Sub-Sahara Africa Gets $16 Billion From IMF, Region Still Faces ...

The International Monetary Fund (IMF) says its release of $16 billion towards sub-Sahara Africa will help to cover the needs of countries badly hit by the global pandemic, Covid-19. The financial institution says despite its swift action, the region still faces a financing gap of $290 billion between now and the year 2023. Sub-Sahara Africa’s Limited Fiscal Space According to the Fund, without significant additional financial assistance, many sub-Saharan African countries will struggle to simply maintain macroeconomic stability while meeting the basic needs of their populations.....


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Africa can create an inclusive society with blockchain, says LBank CEO

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