Tag: International Monetary Fund (IMF)

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China, U.S. to participate in first meeting of new debt roundtable on 17 February

Officials from China, India, Saudi Arabia and Group of Seven nations will participate in a first virtual meeting of a new sovereign debt roundtable...

African economies remain upbeat despite multiple shocks, says AfDB vice-president 

African economies remain resilient despite experiencing multiple shocks, with 53 out of 54 African countries seen maintaining positive growth and a stable outlook for...

Sterling slightly lower versus euro before central bank meetings

Sterling edged down versus the euro and held steady against the dollar on Wednesday as investors braced for major central bank meetings, including the...

Why the IMF could be forced to eat ‘humble pie’ again

They call it the "dismal science" for good reason. The supposed oracles of economic forecasting have been forced to eat humble pie on more...

Ghana-based aid and advocacy groups call for debt cancellation amid crisis

More than two dozen aid and campaign groups called on Wednesday for international creditors to cancel a large portion of Ghana's debts as it...

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World Bank’s Banga says more bilateral debt forgiveness needed

World Bank President Ajay Banga said on Thursday (17...

Ghana, creditor panel agree on debt restructuring, paving way for IMF cash

Ghana has finalised a pact with its official creditor...

Nigeria strikes deal with Shell to supply $3.8 billion methanol project

Nigeria has struck a deal for Shell (SHEL.L), opens new...

Africa’s $824 billion debt burden and opaque resource-backed loans hinder its potential, AfDB president warns

Africa's immense economic potential is being undermined by non-transparent...

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