Ethiopia Faces Tough Devaluation Decision to Secure IMF Bailout
East Africa's most populous country, already struggling with high inflation, became the third African state in as many years to default ...
East Africa's most populous country, already struggling with high inflation, became the third African state in as many years to default ...
In a statement on late Friday, the IMF board said its decision would enable Egypt to immediately receive about $820 ...
The government reached a deal in principle in January to restructure $5.4 billion of loans with official creditors.
The fuel price hikes are expected to further affect consumer purchasing power and inflation rates.
Georgieva said Ghana had to strike a fair deal or else risk facing a scenario akin to Zambia.