Pakistan Renegotiates Power Contracts to Curb Soaring Tariffs

Pakistan is renegotiating contracts with independent power producers (IPPs) to address unaffordable electricity tariffs. Soaring energy…

Pakistani Minister Seeks Revision of Chinese Power Contracts

Pakistani Minister for Power Awais Leghari has called for revising the contracts with Chinese power producers…

AfDB and World Bank Partner to Electrify 300 Million Africans

During the recent spring meetings of the World Bank and International Monetary Fund in Washington, a…

IMF, Rwanda Sign $262m Deal to Ease Climate-related Shocks

The International Monetary Fund (IMF) staff and the authorities of Rwanda have agreed on a new…

Pakistan NEPRA Proposes Electricity Tariff Increase

Pakistan’s National Electric Power Regulatory Authority (NEPRA) has proposed an increase of electricity tariff by Pakistan…

IMF Discontinues Pakistan’s Electricity Bill Relief

The International Monetary Fund (IMF) has discontinued the electricity bill relief package for consumers using over 200 units…

IMF Orders Pakistan to Reduce Electricity Bills

The International Monetary Fund (IMF) has directed Pakistan to tender a written agreement with respect to…

By 2060, Climate Change Could Increase Death – IMF

The World Bank each year revises a list of countries classed as “fragile and conflict-afflicted states,”…

IMF Advocates for Interest-free Loans to Achieve Energy Transition in Nigeria and Developing Countries

As countries intensify the search for massive global investments to reduce emissions and boost resilience, the…

South African Government May Take over Eskom’s Debt

IMF says South Africa’s government takes over R392billion. Eskom’s debt to the state’s balance sheet would…