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Nigerian economic policy likely to stutter

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NIGERIA

Nigeria's economic outlook.

Angola's banks could face a deepening crisis

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ANGOLA

More than two years of structurally lower oil prices have exposed the nature of the sector’s lending practices, which have been partially obscured by the industry’s rapid growth…

Angolan economy set for further tightening

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ANGOLA

The Fund now expects economic growth to flat-line this year against the 2.5% growth forecast made just six months ago; inflation is now expected to reach 45.0% by year-end…

Donor commitments could kickstart Madagascar recovery

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MADAGASCAR

The aim was to build on progress made in July when the government secured a three-year IMF Extended Credit Facility (ECF) programme. The country’s central bank reported that…

Iraq can ride out near-term political instability

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IRAQ

These attacks, which demonstrate the government's inability to secure inner Baghdad, come on the heels of the April 30 overrunning of parliament by protesters gathered by Shia…

Smaller trade surplus will keep ruble low this year

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RUSSIA

Pronounced ruble depreciation this year attests to the efficacy of sanctions in disrupting Russia’s external trade. The weaker ruble has already provoked a spike in household…

Angola's renewed China dependence will bring more pain

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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…

Sri Lanka faces several obstacles in debt talks

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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…