Search results

Angola's renewed China dependence will bring more pain

Location:

ANGOLA

However, China’s insistence on negotiating debt relief bilaterally and on a loan-by-loan basis will delay efforts to reschedule borrowing, jeopardising Angola’s debt…

Jakarta will champion developing countries in G20 role

Location:

INDONESIA

Indonesia is the G20’s president this year. It is set to host the 17th G20 summit in Bali in late October.

Sri Lanka faces several obstacles in debt talks

Location:

SRI LANKA

Sri Lanka must attend to debt restructuring as part of its four-year, USD3bn bailout programme with the Fund. The Fund’s Executive Board approved the bailout in March, roughly ten…

EM corporate debt is key risk to global markets

Location:

INTERNATIONAL

The IMF's warning, contained in its Global Financial Stability Report (GFSR), shows concerns for the vulnerabilities posed by the build-up of EM corporate debt, especially…

Lebanon’s Central Bank governor will be replaced

Location:

LEBANON

Salameh, along with his brother Raja, is under investigation in Lebanon and Europe for alleged financial irregularities following Lebanon’s 2019 economic collapse. The economy…

Beirut faces a massive challenge on aid and reform

Location:

LEBANON

The government has drawn up a detailed document setting out the gravity of the country’s economic plight and requesting over 10 billion dollars of additional aid from the IMF and…

Greek crisis will test IMF governance

Location:

INT/GREECE

However, negotiations will go ahead, notwithstanding Fund staff's recent misgivings on Greece's debt sustainability. Broader issues are whether the IMF's role as lender of last…

Debt, revenue woes to push African states to seek help

Location:

AFRICA

Outlook for sovereign debt in sub-Saharan Africa.

Prior actions passed will unlock Greek bailout cash

Location:

GREECE

This allowed the Eurogroup of euro-area finance ministers to authorise the release of 12 billion euros (12.8 billion dollars) from the latest bailout package of 86 billion -- 2…

Bangladesh is playing it safe with IMF move

Location:

BANGLADESH

At least part of the support would be from the Fund’s new Resilience and Sustainability Trust (RST). Several media reports have described Dhaka’s move as a request for a bailout…