Managing Director of the International Monetary Fund

IMF Offers Guidance To African Nations On Preventing Debt Crises

Sep 27, 2023. by Ekohot Editor

Eko Hot Blog reports that The International Monetary Fund (IMF) has made some recommendations on policy actions African leaders must take to avoid a debt crisis, as they attain high-risk status. In a report on Tuesday, titled, ‘How to Avoid a Debt Crisis in Sub-Saharan Africa’, IMF said the average debt ratio in the region … Read more

40% Of African Countries Are In Debt Distress Says IMF

Nov 21, 2019.Nov 21, 2019. by Ekohot Editor

……….Describes Africa As A Continent With Troubles The Managing Director of the International Monetary Fund, Kristalina Georgieva, says 40 per cent of African countries are in debt distress. She described Africa as a continent of opportunities and one with many troubles, noting that the focus was to help countries have sound macro-economic policies, improve the … Read more