High debt levels are once again setting off alarm bells around the world. In developed countries, attention is focused on the ...

Some World Bank staff have criticised an assessment of Ethiopia's finances conducted with the International Monetary Fund, ...

In an internal paper seen by Reuters, World Bank consultant Brian Pinto and its chief economist Indermit Gill assess the Debt ...

Pakistan faces a massive debt crisis, with its economy burdened by high debt servicing and political instability.

Ethiopia’s development model is showing signs of strain as weak institutions and human capital constraints hold back economic transformation, threatening its ...

Today, a minimum of 20 percent of Africa's exports go to China and about 16 percent of Africa's imports come from China, ...

Debt reworks in Zambia and Ghana have included provisions ... she was senior correspondent and acting bureau chief based in Lagos, Nigeria. Karin Strohecker is the London-based Global Chief ...

Zambia and Saudi Arabia have formalised a debt restructuring agreement to reschedule more than $130m of Zambia's debt to the ...

With such bold reforms and initiatives, Zambia stands poised to not only recover but to thrive in the competitive global economy. The groundwork being laid today will reap dividends for generations to ...

The access to the funds brought Zambia’s total disbursement under the 38-month extended credit facility arrangement to about $1.3 billion, the IMF said in a statement.