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KENYA: IMF aid boost offers much-needed support
Although a 14-day grace period to make the payment or agree a payment suspension has yet to expire, there is now a high risk that a default is imminent.
Numerous domestic and external shocks have rocked the macroeconomic environment in recent years, aggravating high inflation and chronic foreign exchange (forex) shortages…
ETHIOPIA: EU aid provides political and economic win
Details
DOI: 10.1108/OXAN-ES282419
ISSN: 2633-304X
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This translates into soaring prices for essential goods with dire implications for the estimated 43% of the population living in extreme poverty. Contributing to the situation is…