Tag Archives: Banks

IMF Magazine Examines Present and Future of Bitcoin

31 May

In its quarterly, the IMF examines how Bitcoin and its blockchain technology may end up helping banks, despite being created to help avoid them. Continue reading

Zimbabwe’s Cash Crisis Is Bitcoin’s Boost?

17 May

A recent survey by The Zimbabwe Standard has shown that a number of banks in the central business district of the country’s capital, Harare, has long queues to withdraw cash with others running out of cash by midday. Continue reading

Ebola outbreak may contribute to 60% crumble of Gambia’s economy despite no reported case

15 Jan

Though The Gambia remains completely free of Ebola, the crisis has caused a deep decline in tourism related activities, the economy’s principal foreign currency earner. A mission from the International Monetary Fund (IMF) led by Bhaswar Mukhopadhyay, visited Banjul from January 8-14, 2015 to assess the effects of this shock to the Gambian economy and explored the possibility of agreeing on a Rapid Credit Facility (RCF) arrangement with the IMF. Continue reading

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