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South Asia News: Sri Lanka has accepted offers to exchange $10 billion worth of defaulted local debt for new bonds, as part of its debt restructuring requirements. The

Cotonou, Benin (PANA) - After three years of warranted policy accommodation, fiscal consolidation is underway, underpinned by robust tax collection and spending reprioritization to shield social programmes and help meet Benin&rsqu

The Government says it is confident of reaching a Staff Level agreement with the International Monetary Fund (IMF) for the Fund’s support programme to help lessen the current economic hardship through its homegrown economic programme. A Staff-Level Agreement is reached between a country requesting for a Fund support programme with…

The Government says it is confident of reaching a Staff Level agreement with the International Monetary Fund (IMF) for the Fund’s support programme to help lessen the current economic hardship through its homegrown economic programme. A Staff-Level Agreement is reached between a country requesting for a Fund support programme with…

The purpose of such visits s to assess the country’s need for financial support and negotiate the terms on which it will be provided.

The International Monetary Fund (IMF) pledged to support Ghana to overcome the current economic difficulties late Wednesday. The IMF said this in a press release after its staff team concluded an initial assessment of the economic situation in the West African country. "We reaffirm our commitment to support Ghana at…