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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

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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

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GREECE

The prospects for Greek departure from the euro-area.

South Sudan's economic recovery requires deeper reform

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SOUTH SUDAN

Management of South Sudan's economy

Ethiopia faces tough monetary and fiscal rebalancing

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ETHIOPIA

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

Blaming slower GDP on trade risks missing other perils

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INTERNATIONAL

Some of the downside risks the April WEO highlighted have materialised, while the FSR sees higher risks to financial stability. The explanations prioritise trade but many other…

Political deadlock undermines Costa Rican reform

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COSTA RICA

The outlook for fiscal reform.

Energy crisis may spur reforms in Cuba

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CUBA

The fire has exacerbated electricity black-outs amid widespread shortages of food and other basic items. The government response to the crisis has so far included opening up…

Setbacks are likely in Sudan’s fraught transition

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SUDAN

Pressures facing Sudan's transition.

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…