Basel I, II, and III—were envisioned as frameworks for strengthening global banking standards. In practice, however, they have entrenched systemic asymmetries. Designed and dominated by developed ...

Senegal recently became a major headache for the International Monetary Fund (IMF), after the country uncovered billions of ...

The International Monetary Fund gave Argentina breathing room on a key benchmark after it missed the target this month, ...

An IMF staff team concluded its visit to Bogotá following a series of constructive discussions with the Colombian authorities on recent economic developments, outlook, risks, and policy priorities.

The International Monetary Fund lowered the bar for Argentina's reserve accumulation targets through 2026 in its $20 billion ...

Prime Minister Ousmane Sonko on Friday unveiled a new economic recovery plan for Senegal, pledging to finance 90% of the ...

"Customs must become a modern service-oriented institution that meets European Union standards and works with full integrity ...

El Salvador’s Legislative Assembly approved changes to the country’s constitution on Thursday that will extend presidential ...

Senegal's prime minister unveiled an economic recovery plan for the highly indebted nation on Friday, focused on reviving its ...

The Executive Board of the International Monetary Fund (IMF) concluded the Financial Sector Assessment Program (FSAP) with Canada on July 18, 2025 without convening formal discussions.

Credit stress rose as NPLs hit 14.3% by Nov 2024, driven by BEAC's rate hike to 6.75%. Concentration in top banks (54% assets) holds 75% of bad loans, with deposits shifting to cash hoarding. A $550 ...

Interoperability is a major driver of UPI’s growth as it not only enables users to conduct transactions from different banks ...