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18/06/2025
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Tag: IMF

Same as the old boss

04/04/202504/04/2025 - Leave a Comment

In November 2020, Zambia defaulted on its international debt, the first African country to do so since the start of the COVID-19 pandemic. Howard Stein and Horman Chitonge criticise the …

Same as the old boss Read More

World Bank called to account – The SAPRI report, 20 years on

27/12/202428/12/2024 - Leave a Comment

Rick Rowden talks to Doug Hellinger, the leader of a groundbreaking probe into World Bank programmes in the developing world, about the initiative’s significance and its lessons for today’s advocacy …

World Bank called to account – The SAPRI report, 20 years on Read More

Argentina’s poverty rate spikes in first 6 months of President Milei’s shock therapy

27/09/202407/11/2024 - Leave a Comment

BUENOS AIRES, Argentina (AP) — Argentina’s poverty rate jumped from almost 42% to 53% during the first six months of Javier Milei’ s presidency, the statistics agency reported Thursday, a steep rise …

Argentina’s poverty rate spikes in first 6 months of President Milei’s shock therapy Read More

As Sri Lanka votes, a $2.9bn IMF loan looms large

20/09/202407/11/2024 - Leave a Comment

Ahead of Sri Lanka’s presidential election, no issue is more central than the economy. With the South Asian country still struggling from its worst financial crisis in decades, Saturday’s ballot …

As Sri Lanka votes, a $2.9bn IMF loan looms large Read More

IMF at 80: Enough colonial exploitation of debt

26/07/2024 - Leave a Comment

Mass protests rocking Kenya in the past month have once again laid bare the predatory lending practices of the International Monetary Fund (IMF). ​​Placards read “IMF keep your hands off Kenya,” …

IMF at 80: Enough colonial exploitation of debt Read More

Argentina’s Milei announces 50% currency devaluation and large cuts to public spending

15/12/2023 - Leave a Comment

Argentina’s new president, Javier Milei, on Tuesday announced an official devaluation of the peso of 50%, virtually turning on the chainsaw that he famously used at campaign events. The government …

Argentina’s Milei announces 50% currency devaluation and large cuts to public spending Read More

U.S. aids Pakistan IMF bailout with secret Ukraine arms deal

22/09/2023 - Leave a Comment

  SECRET PAKISTANI ARMS sales to the U.S. helped to facilitate a controversial bailout from the International Monetary Fund earlier this year, according to two sources with knowledge of the arrangement, …

U.S. aids Pakistan IMF bailout with secret Ukraine arms deal Read More

The International Monetary Fund: ‘Dollarization is not a substitute for a sustainable fiscal policy’

08/09/2023 - Leave a Comment

Latin America is suffering the economic effects of the post-pandemic period, but Chilean Rodrigo Valdés, 56, the economist responsible for the Western Hemisphere Department of the International Monetary Fund (IMF), …

The International Monetary Fund: ‘Dollarization is not a substitute for a sustainable fiscal policy’ Read More

The key points of Sri Lanka’s plan to restructure domestic debt

30/06/2023 - Leave a Comment

The Central Bank of Sri Lanka (CBSL) has unveiled a far-reaching domestic debt restructuring plan aimed at restoring stability in the crisis-hit country. The move on Thursday comes as the …

The key points of Sri Lanka’s plan to restructure domestic debt Read More

IMF wants Egypt to make reforms before bailout review: Report

21/04/2023 - Leave a Comment

The International Monetary Fund wants Egypt to enact more of the reforms that Cairo has committed to before it conducts the first review of the country’s $3bn rescue package, Bloomberg …

IMF wants Egypt to make reforms before bailout review: Report Read More

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