Africa's growing reliance on domestic borrowing is reducing exposure to exchange-rate shocks but shifting financial risks ...

ZIMBABWE remains trapped by a US$23 billion debt crisis that is choking investment, shutting the country out of international ...

Sri Lanka’s economic recovery, hard-won through years of painful reform, is now facing its next real test and the IMF’s latest visit makes clear that the country’s ability to hold steady will depend ...

Sri Lanka’s economic recovery has remained resilient despite the fallout from the Middle East conflict, with strong revenue ...

The IMF’s Executive Board signed off on Sri Lanka’s combined Fifth and Sixth Reviews under the Extended Fund Facility on May 28, unlocking another SDR 508 million, roughly US$695 million, and bringing ...

Ethiopia reached a preliminary deal to restructure its $1 billion Eurobond after its 2023 default The agreement includes new bonds worth $880 million, implying a 12% reduction in principal The deal is ...

Ethiopia’s creditors took a swipe at the International Monetary Fund’s handling of the nation’s debt-restructuring process, ...

Accelerating reforms in state-owned enterprises and ensuring energy prices reflect cost-recovery are essential to reducing fiscal risks, according to the IMF Staff Mission at the conclusion of its ...

Ethiopia has struck a preliminary deal with key bondholders to restructure its defaulted $1 billion international bond, the ...

Ethiopia said on Monday it has reached a preliminary agreement with key bondholders to restructure its defaulted $1 billion ...

IMF staff and the Egyptian authorities have reached staff level agreement on the policies that could support completion of the seventh review under the Extended Fund Facility (EFF) and the second ...

The Irish economy has remained resilient in the face of consecutive external shocks. Growth is projected to slow but remain healthy amid trade and geopolitical tensions and elevated global uncertainty ...