The initial promise of CPEC was intoxicating: $46 billion in pledged investments, later ballooning to $65 billion, meant to ...

Should prepare economy for durable growth by attracting foreign private investments to boost productivity and exports.

The International Monetary Fund (IMF) has reassured Nigerians that the country is not at risk of falling into a debt trap, ...

A Somali official explains how a show of national ownership, open communication and rare unity has brought an unlikely IMF success story to one of the world’s most fragile states. When Somalia secured ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Investors in Ethiopia’s defaulted dollar bond have accused the IMF of exaggerating how much debt relief ...

This was stated in their latest macroeconomic update titled ‘Nigeria’s Debt Statistics… High Risk or Not?’ which dwelt on the outcome of the recent country visit of IMF’s First Deputy ...

“Argentina’s debt and debt service capacity have deteriorated decidedly compared to the IMF’s last Debt Sustainability Analysis (DSA) published in July 2019, in the context of the Fourth ...

South Africa must take bold steps to ease a suffocating debt burden and boost economic growth, the International Monetary Fund has said. "What we are recommending is a fiscal adjustment of 1% of gross ...

In interviews, the owners of nine shops said they were pressured into a debt trap. Now, the state inspector general’s office is investigating the program, called the Cannabis Social Equity ...

Neither the IMF nor the Ethiopian government responded to requests for comment. Officials in Africa's second most populous nation waited to restructure its international debt until it had secured ...