Tag Archives: Central Bank

Daily Analysis for Monday May 20

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IFC to Support Central Bank of Nigeria in Strengthening Sustainable Banking

About IFC

 

IFC, a member of the World Bank Group, is the largest global development institution focused exclusively on the private sector. We help developing countries achieve sustainable growth by financing investment, mobilizing capital in international financial markets, and providing advisory services to businesses and governments. In FY12, our investments reached an all-time high of more than $20 billion, leveraging the power of the private sector to create jobs, spark innovation, and tackle the world’s most pressing development challenges. For more information, visit http://www.ifc.org.

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IMF Executive Board Concludes 2013 Article IV Consultation with Seychelles

VICTORIA, Mahé, May 15, 2013/African Press Organization (APO)/ On May 8, 2013, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Seychelles. 1

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FOREX industry celebrates the JFEX 2013 awards winners

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IMF SAYS GAMBIA’S VAT IS KILLING THE ECONOMY, BUSINESSES

The International Monetary Fund (IMF) says Gambia’s newly introduced Tax collection system — the Value Added Tax (VAT)- is killing the country’s ailing economy and businesses. “The outlook for the economy is generally favorable for 2013, but there are risks. Real GDP growth is expected to accelerate, if the recovery in crop production is sustained.

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What Is Needed for Sustainable Energy for Africa?

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MasterCard to Power Nigerian Identity Card Program

13 Million Cards to be issued first, in largest card rollout of its kind in Africa

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Statement by an IMF Mission to The Gambia for Concluding Discussions of the First Review of the ECF Arrangement

BANJUL, Gambia, April 15, 2013/African Press Organization (APO)/ An IMF mission led by Mr. David Dunn visited The Gambia during April 4-10, 2013, to conclude discussions on the first review of the authorities’ macroeconomic and financial program that is supported by the IMF under its Extended Credit Facility (ECF). The mission met with His Excellency President Yahya AJJ Jammeh, Honorable Minister of Finance and Economic Affairs Abdou Kolley, Governor of the Central Bank of The Gambia (CBG) Amadou Colley, and other senior officials.

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IMF Concludes Fifth PSI Review Mission to Senegal

An International Monetary Fund (IMF) mission led by Hervé Joly visited Senegal during March 27-April 10, 2013 to conduct the fifth review under the three-year Policy Support Instrument (PSI) approved in December 2010. The members of the mission met with the President of the Republic, the Prime Minister, the ministers of economy and finance, and energy; representatives of the Central Bank of West African States (BCEAO); other senior government officials; and representatives of the private sector, civil society, and the development partners.

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IMF Executive Board Concludes 2012 Article IV Consultation with Nigeria

ABUJA, Nigeria, March 29, 2013/African Press Organization (APO)/ On February 6, 2013, the Executive Board of the International Monetary Fund (IMF) concluded the 2012 Article IV consultation with Nigeria.1

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IMF Concludes Third ECF Review Mission to Côte d’Ivoire

ABIDJAN, Côte d’Ivoire, March 28, 2013/African Press Organization (APO)/ An International Monetary Fund (IMF) mission visited Abidjan during March 13-27, 2013, to conduct discussions on the third review of a program supported by the Extended Credit Facility (ECF), which was approved by the IMF Executive Board on November 4, 2011 (see Press Release No. 11/399) in the amount of SDR 390.24 million (about US$616 million). The mission met with H.E. Dr. Alassane Dramane Ouattara, President of the Republic of Côte d’Ivoire; H.E. Mr. Daniel Kablan Duncan, Prime Minister and Minister of Economy and Finance; H.E. Dr. Albert Toikeusse Mabri, State Minister for Planning and Development; H.E. Ms. Niale Kaba, Minister at the Prime Minister’s Office in charge of Economy and Finance; H.E.Mr. Adama Toungara, Minister of Petroleum, Mines, and Energy; H.E.Mr. Konan Gnamien, Minister of Civil Service and Administrative Reform; H.E.Mr. Mamadou Sangafowa Coulibaly, Minister of Agriculture; H.E.Mr. Jean-Claude Brou, Minister of Industry; Mr. Jean-Baptiste Aman Ayayé, National Director of the Central Bank of West African States; and other senior government officials. The mission also met with members of the business and donor communities. Discussions focused on recent economic developments, growth prospects and policy implementation under the ECF.

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Posted in African News, Republic of Côte d'Ivoire (Ivory Coast) | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

IMF Concludes First ECF Review Mission to Liberia

MONROVIA, Liberia /African Press Organization (APO)/ An International Monetary Fund (IMF) mission led by Ms. Catherine McAuliffe visited Monrovia March 4–20, 2013, to conduct discussions for the first review under the Extended Credit Facility (ECF). 1 The mission met with President Ellen Johnson Sirleaf and held discussions with Acting Minister of Finance Sebastian Muah, Central Bank of Liberia (CBL) Executive Governor Joseph Mills Jones, other senior officials, legislators, representatives of the private sector, civil society organizations, and development partners. The mission also conducted a one-day high level seminar on natural resource revenue management and an outreach event for University of Liberia students.

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Concluding Statement of the IMF Mission to Comoros

MORONI, Comoros /African Press Organization (APO)/ A team from the International Monetary Fund (IMF), visited Moroni from March 13 to 22, 2013 for discussions on the fifth review of the Union of Comoros’ Extended Credit Facility (ECF)1 arrangement. The mission met with His Excellency Dr. Ikililou Dhoinine, President of the Union, and held discussions with Vice-President and Finance Minister Soilihi, Governor of the Central Bank of the Comoros Chanfiou, Permanent Secretary of the Committee to Monitor Reforms Oubeidi, and other government and central bank officials, as well as representatives of the private sector and the donor community.

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FXCM-MENA participates in The 8th Jordan Forex Expo & Awards for the fifth time

About FXCM

Trade with confidence with one of the world’s largest forex brokers. FXCM products are now exclusively available in the Middle East and North Africa, through FXCM MENA.
Traders will benefit from local customer support, local wire transfers with quick deposit and withdrawal services as well as local credit/debit card funding.
They will also benefit from FXCM’s No Dealing Desk execution model, which eliminates any conflict of interest between broker and trader.
FXCM MENA is based in Beirut, Lebanon and is authorized and regulated by the Central Bank of Lebanon (BDL List of Financial Intermediation Companies #16).
Contact us at +961 1 986 686 Mondays to Fridays (24hrs/day, Fridays our offices close at 11pm) and Sundays from 12pm to 6pm and from 10:30pm to 8:30am or email us at sales@fxcmmena.com

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Statement at the Conclusion of an IMF Mission to Libya

TRIPOLI, Libya, March 8, 2013/African Press Organization (APO)/ An International Monetary Fund (IMF) mission led by Mr. Ralph Chami visited Tripoli during February 20–March 7, 2013, to conduct discussions with the Libyan authorities in the context of the annual Article IV consultations.1 Discussions focused on measures to improve the business environment to foster inclusive growth based on diversification of the economy underpinned by private sector–led growth, develop the financial sector, and control government spending including through subsidy reform. The mission met with Prime Minister Ali Zeidan, Finance Minister Haithem Jalgham, Central Bank Governor Saddek Elkabeer, General National Congress Chairman Mohammed Magariaf, and other government and central bank officials, as well as members of the General National Congress and representatives of civil society.

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IMF Concludes 2013 Article IV and EFF Review Mission to Seychelles

VICTORIA, Mahé, March 6, 2013/African Press Organization (APO)/ An International Monetary Fund (IMF) mission led by Carol Baker visited Victoria from February 20 – March 5, 2013 to conduct the 2013 Article IV consultation discussions and assess performance at end-December for the seventh program review under the Extended Fund Facility (EFF) Arrangement with Seychelles.1 The mission met with Finance Minister Pierre Laporte, Central Bank Governor Caroline Abel, other senior government officials and members of parliament, as well as representatives of the private sector.

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ADS -Securities participates in The 8th Jordan Forex Expo & Awards

ADS Securities – Prime
Prime from ADS Securities is a new service which changes the way professional, individual (private) clients trade forex, bullion and CFDs. It has been developed to meet the growing demand for a more personalised solution which sets out to maintain and grow investments, taking into account different appetites for risk and reward.
Client service is at the core of Prime, which provides institutional standards of execution and support for private clients.Prime offers individual trader’s access to ADS Securities exceptional pricing,across a large range of FX pairs as well as gold and CFDs, which is made possible by having deep liquidity and market leading technology. Clients can trade knowing that ADS Securities is a well-capitalised brokerage, regulated by the Central Bank of the UAE.
ADS Securities is headquartered from Abu Dhabi and in 2012 was voted the Middle East’s Brokerage of the Year.(Read more)

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