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Kenya seeks a new IMF agreement amid escalating debt, which consumes two-thirds of annual revenue. Protests over tax increases have complicating factors for government revenue collection. The IMF has received …
Kenya to Pursue New Agreement with IMF Amid Debt Challenges Read More
The IMF has received a formal request from Kenyan authorities for a new financing programme, as the current extended fund reviews will not continue. Finance Minister John Mbadi highlighted the …
IMF Receives Formal Request for New Financing Programme from Kenya Read More
Senator Okiya Omtatah has criticized the MoU between President Ruto and Raila Odinga, calling it unconstitutional and a civilian coup. He emphasizes the need for parliamentary authority and the immediate …
Senator Okiya Omtatah Critiques Ruto-Odinga MoU as Unconstitutional Read More
Kenya and the IMF will discuss a new lending programme as they abandon the ninth review of the existing $3.6 billion loan. Rising debt-servicing costs have necessitated continued financial support. …
Kenya and IMF Initiate Talks for New Lending Programme Read More
Kenya has requested a new lending programme from the IMF, abandoning the current one amid rising debt-servicing costs. The total ECF/EFF facility expiring next month is worth $3.6 billion. The …
Kenya Seeks New IMF Programme Amid Economic Challenges and Rising Debt Read More
This article explores Argentina’s economic history as a cautionary tale for developing nations, particularly Pakistan, emphasizing the dangers of short-term fixes over essential structural reforms. Argentina’s recurrent reliance on IMF …
Argentina’s Economic History: A Cautionary Tale for Developing Nations Read More
Ghana’s attempts to renegotiate its $3 billion IMF deal have stalled, reflecting inherent challenges in sovereign debt restructuring. The IMF’s refusal to grant modifications stems from concerns about maintaining fiscal …
Ghana’s Stalled IMF Renegotiation: Challenges and Legal Implications Read More
Ghana’s economic management faces scrutiny amidst significant fiscal challenges, notably GH¢57 billion in arrears and a projected public debt of GH¢726.7 billion. The April IMF review will be vital for …
Ghana’s Economic Challenges: A Critical IMF Review Ahead Read More
Ghana risks failing to meet the IMF’s fourth program review due to missed key performance indicators, particularly in fiscal management. Figures shared by Finance Minister Dr. Ato Forson indicate that …
Ghana Faces Risk of Failing Fourth IMF Review Due to Missed Indicators Read More
On March 14, 2025, the IMF Executive Board was briefed on the economic conditions in several nations due to delays in Article IV consultations. This procedure is standard for members …
IMF Executive Board Briefed on Economic Developments in Multiple Nations Read More