Ali Hassan Mwinyi successfully drove economic and political reforms in Tanzania, all in the shadow of his predecessor, Julius Nyerere.
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Ghana hasn’t been able to withstand economic shocks or manage its debt because it hasn’t dealt with structural economic problems.
Despite a succession of different challenges, Bgoya’s approach has been consistent.
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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.
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.
