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.
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.
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.
Ghana hasn’t been able to withstand economic shocks or manage its debt because it hasn’t dealt with structural economic problems.
A return to debt sustainability will create room for African policy makers to stave off risks to the post-pandemic recovery.
Sri Lankans are contending with growing levels of starvation, death and disruption. Now they are also facing the brutal violence of the state.
The Ukraine crisis is significantly increasing political stress and potential conflict throughout Africa.
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.
Sri Lanka is facing one of its worst ever economic crises. There are a host of reasons, but China is not to blame.
A liaison group with large financial institutions has worked in the US and the Netherlands.
Removal of the fuel subsidy in Nigeria is long overdue, but replacing it with a transport grant is not the best approach.
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.
Influential international actors like the World Bank and the IMF should focus on expanding social protection rather than focusing on eliminating the informal economy.
Nigeria must remove fuel subsidies and channel the funds to critical sectors of its economy.
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 will have to balance austerity and the high expectations of the many unemployed young people and struggling people who voted for him.
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.
Eurobonds are costly for governments. But they are also attractive because investors buy them without preconditions.
IMF programmes run the risk of having too many conditions. This may drive countries into financial disaster. And back to the IMF again.
It has consequences for everything from voting rights at the IMF to international borrowing costs.