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Debt swap will offer only slight relief in Argentina

Location:

ARGENTINA

The domestic bond market has recently faced massive sell-offs amid increasing doubts over the sustainability of the Extended Fund Facility (EFF) signed with the IMF in March; the…

Lebanese protests will tighten the economic trap

Location:

LEBANON

Lebanon’s debt is reaching unsustainable levels, meaning politicians can no longer delay addressing longstanding structural fiscal and current account deficits. However, public…

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…

Draft budget will increase Greek taxpayers' burden

Location:

GREECE

Clearing state arrears to the private sector depends on the quartet of international creditors' timely disbursement of financial assistance tranches. The finance ministry is in…

Ghana's IMF bailout to persist despite souring ties

Location:

GHANA

Earlier this month, the government passed a bill allowing for central bank financing of the budget deficit, contravening a core requirement in its agreement with the Fund. Earlier…

Greece’s political and economic prospects are fragile

Location:

GREECE

Thus ends eight years of economic policy oversight by the ECB, European Stability Mechanism and IMF, in exchange for some 275 billion euros (315 billion dollars) in soft loans…

IMF-backed reforms may expand Egypt informal sector

Location:

EGYPT

The price increases are part of President Abdel Fatah el-Sisi’s economic deal with the IMF for the disbursement of the fourth tranche of a 12-billion-dollar loan package which…

Greece's Syriza may soften policy to form coalition

Location:

GREECE

Voters may return a left-leaning coalition led by the Coalition of the Radical Left (Syriza), which has pledged to renegotiate the country's massive debt and roll back many of the…

Congo's oil ambitions may fuel climate finance debate

Location:

CONGO-KINSHASA

This attracted widespread criticism, as the DRC has rejected calls to halt an auction of oil blocks in ecologically sensitive areas that could directly threaten biodiversity…

Cameroon's Biya likely to stay in power

Location:

CAMEROON

Officials have blamed militant anglophone separatists for the killings, although no group has yet taken responsibility. The killings come amid an escalating security crisis in the…