Tag: International Monetary Fund (IMF)
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South Africa’s economy at risk of stagnation, says IMF
South Africa's economy is at risk of stagnating this year as the country's electricity crisis continues to cause regular power cuts, the IMF warned...
China to talk with Ghana over debt restructuring proposal -foreign ministry
China would like to enhance communications with Ghana to seek proper resolution of Ghana's debt issue, its foreign ministry said on Thursday,
Spokesperson Wang Wenbin...
Ghana and Zambia’s debt restructurings going in “diverging directions” – Citi
Debt restructuring programmes in Ghana and Zambia are going in "diverging directions" due to Zambia's larger exposure to Chinese lenders and its weaker ability...
Banks plan for US$427 million of losses as Ghana restructures debt
Ghana’s move to restructure its local-currency and overseas debt is weighing on banks from Africa to the United Kingdom.
Four of Africa’s biggest lenders —...
China backs Sri Lanka’s debt restructuring, paving way for $1.2 billion IMF bailout
The International Monetary Fund on Tuesday said Sri Lanka had secured financing assurances from China, India and all its major bilateral creditors, paving the...
