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 ...

Managing Director Remarks' at the IMF Conference on Public Debt Transparency—Aligning the Law with Good Practices ...

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 ...

Nigeria recently announced the full repayment of the $3.4 billion emergency loan obtained in 2020 from the International ...

The IMF also risks granting cryptocurrency companies outsized and opaque political influence in El Salvador. Both Tether (a ...

The controls, known locally as el cepo (the clamp), meant that citizens and businesses were limited in the amount of foreign ...

In total, Nigeria's outstanding charges and interest to the IMF amount to SDR125.99 million. At an exchange rate of N2,180 per Special Drawing Right (SDR), based on XE currency conversion, this ...

Following the International Monetary Fund's (IMF) suspension of Malawi's US$175 million Extended Credit Facility (ECF), the government is being urged to resist the temptation of quietly securing ...

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, ...

The International Monetary Fund has terminated a $175 million loan programme with Malawi, citing poor economic management. The IMF said Malawi, one of the poorest countries in the world, had failed to ...

Ex-Pentagon adviser Michael Rubin slammed the IMF's $1B bailout to Pakistan, calling it aid to a "terror-addled, pro-China ...

Analysts suggest that Nigeria's successful repayment of the IMF debt, could have far-reaching consequences, including an improved credit rating, reduced borrowing costs, and a boost in investor ...