The IMF sends its staff on two types of mission to member countries: to assess the state of the country’s macro economy or to assess the need for financial support.
The writing was on the wall in Sri Lanka.
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An expert on Sri Lanka’s economy identifies and explains three key challenges that Ranil Wickremesinghe will have to overcome if he hopes to steer the country out of its crisis.
The sun sets on Sri Lanka’s protest movement (for now).
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Protests over shortages forced the ouster of Sri Lanka’s president, but the crisis has deep-set roots in ethnonationalism, which has encouraged corruption, argues an expert on the country’s politics.
Various political administrations have failed to prudently manage the economy
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The former prime minister was forced from office by a vote of no confidence. But that doesn’t mean the political drama is over, an expert on Pakistani politics explains.
The world promised progress at the Glasgow climate conference. Now it has to turn those promises into reality. A former senior UN official describes what to watch for in the coming year.
Informal head porter workers Percent Boatemaq (left) and Lusaka Fuseina (right) carrying goods on their heads at Agbogbloshie market in Accra, Ghana.
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Influential international actors like the World Bank and the IMF should focus on expanding social protection rather than focusing on eliminating the informal economy.
A January 2012 demonstration against the removal of petroleum subsidies in the northern Nigerian city of Kano.
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If done effectively, the reallocation could help African countries deal with COVID-19, climate change and their many other economic and social challenges.
Zambia’s new president Hakainde Hichilema.
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Zambia’s new president will have to balance austerity and the high expectations of the many unemployed young people and struggling people who voted for him.
IMF to inject $650 billion in Special Drawing Rights into the global economy.
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The IMF’s injection of US$650 billion worth of Special Drawing Rights into the global economy opens a window for African countries to reform their relationship with the fund.