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Mozambican debt fallout will persist over Kroll report

Location:

MOZAMBIQUE

Risk firm Kroll was looking into undisclosed state loans worth 2 billion dollars, but it said that the Mozambican government did not collaborate fully with the firm's…

Budget gains may mask Serbia's slow structural reform

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SERBIA

The cabinet enters office just in time to host a fresh visit from the IMF, expected later this month. Despite another landslide victory in parliamentary elections on April 24…

Ecuador IMF deal will stoke sociopolitical tensions

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ECUADOR

The agreement will last for 48 months and includes an immediate disbursement of USD1bn. It will provide much-needed, short-term fiscal relief for the government and increase…

Jordanian stability will outface economic challenges

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JORDAN

Activists had threatened more protests if progress were not achieved by that deadline. There have been no reforms as yet and a new draft income-tax law offered for public…

Zambia debt crisis faces imminent tipping point

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ZAMBIA

President Edgar Lungu and his Patriotic Front (PF) government are increasingly struggling to mobilise resources to meet repayments amid continued high public spending. Meanwhile…

COVID-19 crisis could alter Angolan power dynamics

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ANGOLA

Various restrictions are being eased, and parts of the economy gradually reopened, although a sanitary cordon around Luanda remains. Angola has 73 confirmed COVID-19 cases…

Ecuador’s reliance on China and the IMF will increase

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ECUADOR

The restructuring creates more fiscal space for President Guillermo Lasso as he attempts to bolster popular support, fend off political opposition and drive through liberal…

Moldovan government will prioritise Western assistance

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MOLDOVA

The government is headed by Prime Minister Natalia Gavrilita, a leading PAS figure and former finance minister. This completes the creation of a strong functioning governance…

Liberia's Weah will struggle to stifle dissent

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LIBERIA

The president’s utterances mark a shift from his previous calls for a roundtable dialogue with opposition protest leaders, who on June 7 organised the largest mass protest since…

IMF may stop contributing to Greek bailout

Location:

GREECE/INT

The second phase of the current bailout, extended until end-June, foresees a final installment of 7.2 billion euros (8.2 billion dollars) in exchange for fiscal and structural…