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Tag: CREDIT FACILITY

Business / Companies / economics

Kenya Engages IMF for New Lending Program Amid Rising Debt Challenges

March 17, 2025March 17, 2025 - by Liam O'Sullivan - Leave a Comment

Kenya is in discussions with the IMF for a new lending program as debt pressures rise. Despite recent loans and funding pledges, the government faces fiscal challenges amid a reduction …

Kenya Engages IMF for New Lending Program Amid Rising Debt Challenges Read More
Business / Companies / economics

Ghana’s Challenge in Renegotiating IMF Deal: A Legal and Fiscal Analysis

March 17, 2025March 17, 2025 - by Ravi Patel - Leave a Comment

Ghana’s attempt to renegotiate its $3 billion IMF deal has faltered due to complexities in fiscal discipline and debt sustainability. The IMF’s rejection of proposed changes highlights the need for …

Ghana’s Challenge in Renegotiating IMF Deal: A Legal and Fiscal Analysis Read More
Business / economics

IMF Advocates for Fiscal Tightening in Mozambique for Economic Stability in 2025

March 6, 2025March 6, 2025 - by Ravi Patel - Leave a Comment

The IMF has urged Mozambique to implement fiscal consolidation in 2025 following significant fiscal slippage in 2024. Pablo Lopez Murphy stressed the need for prioritizing social spending and managing payroll. …

IMF Advocates for Fiscal Tightening in Mozambique for Economic Stability in 2025 Read More
Business / Companies / economics

Mozambique’s Debt Interest Costs Rise by 12% in 2024 to €857.4 Million

March 5, 2025March 5, 2025 - by Aisha Khoury - Leave a Comment

Interest costs on Mozambique’s debt surged by 12% in 2024, totaling 57.608 billion meticais (€857.4 million), compared to 49.929 billion meticais (€743 million) in 2023. Domestic debt expenses rose by …

Mozambique’s Debt Interest Costs Rise by 12% in 2024 to €857.4 Million Read More
Business

Côte d’Ivoire: Economic Growth and Climate Change Adaptation Strategies

January 14, 2025January 14, 2025 - by Ravi Patel - Leave a Comment

Côte d’Ivoire has experienced notable economic growth and stability, with GDP averaging 6.4 percent over the last decade. While challenges like informal employment persist, the country is enhancing its resilience …

Côte d’Ivoire: Economic Growth and Climate Change Adaptation Strategies Read More
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