Are BRICS and G20 liabilities or assets? — Magnus Onyibe
As some commentators recently noted, one of the strategic plans of BRICS, a group of nations that have come together with the aim of serving as a counterforce to the…
As some commentators recently noted, one of the strategic plans of BRICS, a group of nations that have come together with the aim of serving as a counterforce to the…
The International Monetary Fund (IMF) said Wednesday that it has approved a $3 billion loan agreement for Pakistan, unlocking crucial funding for the troubled South Asian economy. In a statement,…
As I was in the process of releasing this piece into the mass media,the news broke that President Bola Tinubu had on Wednesday 12 July, put forward a request to…
Ukraine and the International Monetary Fund have agreed on a $15.6 billion loan package aimed at shoring up government finances severely strained by Russia’s invasion and at leveraging even more…
Sri Lanka will get the first $330m tranche of an International Monetary Fund (IMF) bailout package in the next two days, says the global lender, putting the onus on the…
The UK economy will shrink and perform worse than other advanced economies, including Russia, as the cost of living continues to hit households, the International Monetary Fund has said. The…
President Hakainde Hichilema of Zambia has urged the country’s creditors on Monday to agree to a quick debt restructuring to aid economy recovery efforts. Zambia defaulted on its sovereign debt…
Aid organisations on Wednesday criticized G20 states for making insufficient progress on pledges to combat hunger and poverty in developing countries. Among other things, G20 members including Germany were criticised…
The UK’s Chancellor of the Exchequer Kwasi Kwarteng was making an early return on Friday for urgent talks withPrime Minister Liz Truss about economic policy. The pair are scrambling to…
The International Monetary Fund (IMF) has agreed to release $1.17 billion (€1.17 billion) in funds to the government of Pakistan as the country deals with a spiraling death toll and…