Tag: debt
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North Africa backslides toward swirling debt troubles
Tunisia and Egypt are edging closer to major debt crises that could suck in a volatile North Africa region and pose tough choices to...
China and US debt woes may dominate G7 finance chiefs’ talks
China will be the elephant in the room at this week's meeting of Group of Seven (G7) finance leaders, who will seek to diversify...
IMF head sees disbursement to Zambia ‘soon’, Kenya unlikely to default
The International Monetary Fund expects to disburse the next tranche of its $1.3 billion financing program with Zambia "soon", the managing director of the...
Africa needs bilateral help to cope with major funding squeeze, IMF says
Africa is facing a severe financing squeeze that, on the back of a series of unprecedented shocks, is disrupting economic growth and endangering its...
IMF says public debt is growing faster than pre-COVID projections
Public debt is higher and growing faster than projected before the COVID-19 pandemic, driven mainly by the United States and China, the world's two...
