Harare, Zimbabwe – Zimbabwe’s debt crisis has come under renewed international scrutiny after the International Monetary Fund (IMF) revealed that the country may have understated its public debt by nearly …
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IMF
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BUSINESS NEWS
AfDB and IMF Chart Clear Path for Zimbabwe’s Debt Resolution in 2024
by Kells Dzivaby Kells DzivaThe African Development Bank (AfDB) has outlined a clear path for Zimbabwe’s arrears clearance and debt resolution process, beginning with a staff-monitored program (SMP) led by the International Monetary Fund …
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BUSINESS NEWS
Violent Unrest in Kenya Threatens IMF Targets and Raises Borrowing Costs
by Kells Dzivaby Kells DzivaThe violent unrest that compelled Kenya’s president to withdraw support for a finance bill has cast doubt on the country’s ability to meet International Monetary Fund (IMF) targets and may …
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The Resilience and Sustainability Facility was created this year for low-income and vulnerable middle-income nations to address the challenges with longer-term, low-cost financing, the Washington-based lender said in a statement …