The statistics are stark: 54 governments, of which 25 are African, are spending at least 10% of their revenues on servicing ...

The primary objective behind this initiative was to break away from the dominance of imperial institutions such as the World ...

The mechanism created in 1997 increases the debt payment burden. It is heavily criticized by economists and developing countries. The International Monetary Fund (IMF) is preparing to ease the ...

Kenya will decide on the type of its next International Monetary Fund program upon the expiry of the current arrangement, ...

Emerging market stocks jumped nearly 2% on Thursday, boosted by Chinese and Hong Kong shares on Beijing's promise of more policy measures, while Pakistan's stock index hit a lifetime high after the ...

After several years of mounting fierce criticisms over the operations and performance of International Monetary Fund [IMF] and consistently advocated for its structural reforms, Russia has reversed ...

However, religion, domestic compulsions and failure to improve political conditions, with or without national elections, have ...

The 9th Forum on China-Africa Cooperation (FOCAC) has just concluded and it’s clear that China is back – especially in terms ...

The U.N. General Assembly’s yearly meeting of world leaders is here. And with it comes an array of acronyms, abbreviations, ...

The Maldives says its financial troubles are "temporary" and the luxury tourist destination has no plans to seek an International Monetary Fund bailout after warnings of a possible sovereign default.

Colombo (AFP) – The Maldives says its financial troubles are "temporary" and the luxury tourist destination has no plans to seek an International Monetary Fund bailout after warnings of a ...

Unfortunately, most people believe that we are forced to carry out stringent economic reforms only because we borrow from the International Monetary Fund, and, had it not been for the IMF ...