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Ethiopia faces tough negotiations around IMF programme

Location:

ETHIOPIA

Addis 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…

Ghana debt crisis will undermine government

Location:

GHANA

The currency has fallen nearly 40% against the dollar since January, making it the world’s second worst-performing currency after the Sri Lankan rupee. This reflects a range of…

Risk of Greek euro exit has risen but is still small

Location:

GREECE

The prospects for Greek departure from the euro-area.

Reform resistance may lead to fresh Greek election

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GREECE

Greece's bailout.

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…

Prospects for East Africa and the Great Lakes in 2024

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PROSPECTS 2024

Although the challenges each country faces differ markedly, all are struggling to address the legacies of old conflicts that threaten to perpetuate new ones.

Ethiopia faces tough monetary and fiscal rebalancing

Location:

ETHIOPIA

Numerous domestic and external shocks have rocked the macroeconomic environment in recent years, aggravating high inflation and chronic foreign exchange (forex) shortages…

Outlook is bright for key leftist leader in Sri Lanka

Location:

SRI LANKA

According to the constitution, the poll must take place in September-October. The JVP was formed as a Marxist-Leninist party. Recent opinion polling suggests Dissanayake would be…

Wage deal may slightly ease South African power woes

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SOUTH AFRICA

The strikes exacerbated the already-serious strain on electricity generation, leading to the highest level of nationwide power outages since 2019. Economic damage and public…

IMF inclined to shun third Greek bailout

Location:

GREECE/INT

EU institutions have offered modest debt restructuring but are demanding higher levels of repayments for a decade, financed by tax hikes and spending cuts that would be legislated…