IMF Missions Conduct Economic Reviews in Kenya, Ghana, Lebanon, Romania

The International Monetary Fund (IMF) is actively engaging with several countries in Africa and the Middle East to support economic reforms and financial stability through missions and programme reviews. In Kenya, IMF staff will visit Nairobi for discussions on a potential IMF-backed programme aimed at addressing the country's economic challenges. Ghana is facing a crucial fifth review of its Extended Credit Facility programme, focusing on fiscal discipline, inflation trends, arrears management, and social spending, with about $360 million expected to be disbursed if progress is satisfactory. Lebanon will host an IMF delegation to revive stalled rescue package talks, including reforms on banking sector restructuring and financial gap legislation, alongside preparing for the IMF and World Bank annual meetings. Romania is undergoing its mandatory IMF Article IV consultations to evaluate economic developments and policies to ensure national financial stability and growth. These missions underscore the IMF's role in promoting economic reform and fiscal prudence in member countries amid diverse economic pressures.