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Greece and lenders will agree on bailout exit in June

Location:

GREECE

The debt relief issue was pushed to “the end of the programme”, although it was not made clear whether this might mean before or after its August 20 conclusion. The latest…

Pakistan will try to bargain with IMF

Location:

PAKISTAN

Shortly before Azhar replaced Abdul Hafeez Shaikh in the post, the IMF announced resumption of Pakistan’s stalled Extended Fund Facility (EFF) programme. The loan was agreed in…

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…

South Sudan may struggle to attract oil investment

Location:

SOUTH SUDAN

Crude oil is central to South Sudan’s economy, providing between 80% and 90% of government revenue and almost all export earnings. Last year’s oil price shock hit the economy hard…

Ukraine still wants IMF funds but reforms will stall

Location:

UKRAINE

Officials in Kyiv are still hopeful of receiving a long-delayed fifth IMF loan tranche under a 17.5-billion-dollar Extended Finance Facility (EFF) programme as early as May. This…

Ukraine issues costly bond as it hopes for IMF funds

Location:

UKRAINE

These payments come shortly after the ministry placed a 725-million-dollar, six-month Eurobond with private investors. The government seems to have had no alternative to this…

Greek coalition will start to fray in late 2018

Location:

GREECE

The coalition government of left-wing Syriza and right-wing nationalist Independent Greeks (Anel) significantly lags behind the conservative opposition New Democracy (ND) party in…

Ukraine leaders delay reforms and consider tactics

Location:

UKRAINE

The Rada is dragging its feet on legislation on the special court and electoral reform, despite pressure from the IMF and EU. The two months remaining before parliament goes into…

Protracted debt talks may stall Ghana's recovery

Location:

GHANA

This follows IMF Executive Board approval, on May 17, of a 36-month USD3bn Extended Credit Facility (ECF) aimed at addressing the country’s debt crisis. This was followed…

Brazil infrastructure spending will face obstacles

Location:

BRAZIL

Brazilian infrastructure requires urgent investment. Fiscal constraints are strengthening the government’s inclination towards privatisation and concession plans. As part of the…