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Zimbabwe’s inflation for August ‘reached almost 300 percent’ – IMF

In June, the last time the government published annual inflation figures, it had stood at 176 percent Inflation headache … Finance minister Mthuli Ncube on Wednesday met with World Bank president David Malpass on the sidelines of the United Nations General Assembly in New York HARARE – Zimbabwe’s year-on-year inflation for August “reached almost 300 percent” in August, the International… Read More
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World Bank Top Executive Poised To Head IMF After Christine Lagarde

World Bank Top Executive Poised To Head IMF After Christine Lagarde. Kristalina Georgieva of Bulgaria will replace former IMF chief Christine Lagarde WASHINGTON: A top executive at the World Bank, Kristalina Georgieva of Bulgaria, is now officially unopposed in her bid to become only the second woman ever to lead the International Monetary Fund, the fund announced Monday. Georgieva’s rise… Read More
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