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1 – 10 of 103Addis Ababa must reach an agreement with the IMF to honour its commitments under its debt-service suspension agreement with official creditors. Thereafter, further talks will be…
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DOI: 10.1108/OXAN-DB286657
ISSN: 2633-304X
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However, there are question marks over his ability to deliver on the ambitious spending cuts needed as tax collection falls in a weak economy.
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DOI: 10.1108/OXAN-DB285317
ISSN: 2633-304X
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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.
The weakness of the Kenyan shilling, which is constantly hitting new record lows, has generated so much concern that, on October 24, parliament summoned the central bank governor…
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DOI: 10.1108/OXAN-DB283254
ISSN: 2633-304X
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KENYA: IMF aid boost offers much-needed support
The programme's successful completion demonstrates the government's ability to deliver on reforms despite a difficult environment and clears the way for debt relief under the…
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DOI: 10.1108/OXAN-DB283037
ISSN: 2633-304X
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Numerous domestic and external shocks have rocked the macroeconomic environment in recent years, aggravating high inflation and chronic foreign exchange (forex) shortages…
This aims to lower repayment obligations, reducing interest on the loans from 21.5% to 9.0% with a three-year repayment moratorium. It also looks to increase transparency over…
ZAMBIA: Debt deal represents a major step forward
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DOI: 10.1108/OXAN-ES280043
ISSN: 2633-304X
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The adverse conditions that drove the rand to record lows in the second quarter of 2023 will likely persist through the remainder of the year, despite 0.4% growth in the first…