Meanwhile, half of Sub-Saharan African countries are at high risk of, or already in debt distress at the end of 2024.

IMF staff and the Sri Lankan authorities have reached staff-level agreement on economic policies to conclude the Fourth Review of Sri Lanka’s reform program supported by the IMF’s Extended Fund ...

Finance Minister Enoch Godongwana has shrugged off mounting calls for his resignation following a dramatic backtrack on a proposed VAT hike that sent shockwaves through South Africa's fragile ...

The International Monetary Fudn said it had reached a staff level agreement for the next phase of the program and approval of ...

The Bank of Russia left its key rate at 21%, the highest level recorded since the full-scale invasion of Ukraine in early 2022. The central bank said it would be necessary to keep borrowing costs at a ...

After global panic over the president’s trade proposals, Treasury Secretary Scott Bessent is downplaying his boss’s bluster.

Kenya has demonstrated relative macroeconomic resilience. The Kenyan shilling appreciated by 21% in 2024, becoming the ...

Syrian Foreign Minister Asaad al-Shibani is set to raise his country’s new flag at the United Nations headquarters in New ...

For the latest episode of our podcast series, David Ainsworth sits down with Adva Saldinger and Jesse Chase-Lubitz to discuss ...

The World Bank has forecasted a bleak outlook for Nigeria, indicating that a greater number of Nigerians will fall into ...

Bangladesh is about to get $4.7 billion from the IMF, among which $2.31 billion has already been disbursed, and $2.39 billion is still pending ...

The US State Department, in a wide-ranging political re-structuring of its policies, will eliminate 132 domestic offices, lay ...