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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…
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DOI: 10.1108/OXAN-DB279489
ISSN: 2633-304X
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NIGERIA: Recession to raise the stakes for a bailout
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…
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DOI: 10.1108/OXAN-DB217855
ISSN: 2633-304X
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Pakistan's economic woes.
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DOI: 10.1108/OXAN-DB251748
ISSN: 2633-304X
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The IMF predicts the economy will shrink by 1.8% during 2016, having contracted 0.4% in the first quarter. The slowdown is hurting revenues: On July 14, budget minister Udoma Udo…
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DOI: 10.1108/OXAN-DB212605
ISSN: 2633-304X
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With the government’s finances and governance under renewed scrutiny as a result of a recently agreed IMF bailout, two Congolese companies on August 10 announced a sizable first…
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DOI: 10.1108/OXAN-DB246073
ISSN: 2633-304X
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It includes large federal stimulus spending to spur economic growth and to alleviate the worst impacts of the collapse in global commodity prices, particularly oil. The budget…
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DOI: 10.1108/OXAN-DB210194
ISSN: 2633-304X
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Promised extra food rations have yet to appear, deepening economic pressure on households. Last year’s twin shocks of the pandemic and oil-price collapse contributed to a fiscal…
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DOI: 10.1108/OXAN-DB260779
ISSN: 2633-304X
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Ghana growth forecasts for 2015.
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DOI: 10.1108/OXAN-DB195787
ISSN: 2633-304X
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This is helping to insulate them from immediate political pressures relating to the pandemic crisis, but their hopes for spurring long-term economic recovery depend greatly on…