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1 – 10 of 13Sri 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…
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DOI: 10.1108/OXAN-DB279489
ISSN: 2633-304X
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Securing debt restructuring agreements is a key condition of the four-year, USD3bn Extended Fund Facility (EFF) programme which the IMF’s Executive Board approved in March…
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DOI: 10.1108/OXAN-DB280445
ISSN: 2633-304X
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In order to receive new IMF lending, the budget also introduces big gas price rises, and increases defence spending. Meanwhile, the hryvnia's disastrous February weakening…
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DOI: 10.1108/OXAN-DB198042
ISSN: 2633-304X
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The left-right coalition that governed in January-August has been reconstituted with a reduced parliamentary majority. It is ostensibly committed to the reform programme…
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DOI: 10.1108/OXAN-DB205763
ISSN: 2633-304X
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GREECE: Economy will suffer from more brinkmanship
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…
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DOI: 10.1108/OXAN-DB199435
ISSN: 2633-304X
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GREECE/EURO-AREA: No deal yet but it could be near
The tranche will meet debt repayments falling due until end-2016. The prospect has been held out of debt restructuring if programme commitments are fulfilled. The IMF, which has…
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…
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DOI: 10.1108/OXAN-DB201363
ISSN: 2633-304X
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GREECE: Short-term shifts only delay final reckoning