IMF Sub-Saharan African governments are increasingly turning to local banks to fund their budgets, paying higher borrowing costs at home than abroad and putting new pressure on domestic lenders, the International Monetary Fund (IMF) warned on Thursday. In its latest Regional Economic Outlook
World Bank More than 30 leading economists, former finance ministers and a central banker have called for immediate debt relief for low- and middle-income countries, warning that loan repayments are preventing governments from funding basic services. In a letter released on Sunday, in advance of next month’s World Bank and IMF annual meetings, the group […]








