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Pakistan is in the process of “restructuring and reorganising” its debt management process in line with global standards, said Finance Minister Muhammad Aurangzeb on Friday.

Trump’s stance may shake global finance, but his Bretton Woods conditions could aid Africa, says Cameroonian analyst.

The International Monetary Fund (IMF) has approved a fresh loan package for Pakistan, agreeing to release USD 1 billion under its Extended Fund Facility (EFF).

Both opposition parties, government elites must give the public correct version on why IMF has terminated ECF to Malawi.

However, the IMF classifies it as being at a high risk of distress, mainly due to exposure to foreign exchange risks. About 80% of Angola's debt is in foreign currency, including oil-backed loans from ...

Malawi breaking news publishing 24 hours a day news about Malawi, Malawi Business, Malawi Tourism, Malawi Politics, Malawi News ...

The First Deputy Governor of the Bank of Ghana, Dr. Mumuni Zakaria, says the recent rally of the cedi is not due to artificial support by the central bank, but rather a result of strong, ...

COLOMBO (Reuters) - Sri Lanka finance ministry said on Thursday the island nation has restructured about $930.8 million in ...

Behind many sovereign debt crises there is often a simple, but difficult truth: the full picture of public debt and contingent liabilities which migrated to sovereign balance sheets was not visible to ...

Within the last few weeks, there have been massive developments between West African countries and the International Monetary ...

Preparations are underway to finalise the budget support deals following green signals from the IMF, ERD officials say ...