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Finance Minister Ahmed Shide Holds Discussions with Assistant Secretary of State for African Affairs, Other US Officials

Finance Minister Ahmed Shide Holds Discussions with Assistant Secretary of State for African Affairs, Other US Officials
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Ethiopia , Washington , United-states , Ethiopian , Molly-phee , Ahmed-shide , Jay-shambaugh , Addis-ababa , Ethiopia-embassy , Us-treasury-for-international-affairs , African-affairs-amb , Ethiopian-news-agency

A Tricky Balance for Development Banks and the Developing World

The World Bank and IMF have concluded their spring meetings, but questions remain on China, lending capacity, and balancing the interests of rich and poor countries.

Beijing , China , United-states , Zambia , Paris , France-general- , France , Chinese , American , Robert-zoellick , Sebastian-mallaby , Jay-shambaugh

International Business: IMF concerned about challenges facing low-income countries

International Business: IMF concerned about challenges facing low-income countries
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IMF concerned about debt, fiscal challenges facing low-income countries

IMF concerned about debt, fiscal challenges facing low-income countries
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IMF concerned about debt, fiscal challenges facing low-income countries

IMF concerned about debt, fiscal challenges facing low-income countries
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Debt, fiscal challenges facing low-income countries worry IMF

Debt, fiscal challenges facing low-income countries worry IMF
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IMF Stresses Urgency of Addressing Debt Challenges in Low-Income Countries

Excerpt

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Debt, fiscal challenges facing low-income countries worry IMF

Shareholders of the
International Monetary Fund agreed this week on the importance
of addressing challenges faced by low-income countries, many of
which are facing unsustainable debt burdens, IMF...
-April 19, 2024 at 03:52 pm EDT
- MarketScreener

Bulgaria , Washington , United-states , China , Saudi-arabia , World-bank , District-of-columbia , Bulgarian , Andrea-ricci , Andrea-shalal , Mohammed-al-jadaan , Kristalina-georgieva

Debt, Fiscal Challenges Facing Low-Income Countries Worry IMF

Debt, Fiscal Challenges Facing Low-Income Countries Worry IMF
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Debt, fiscal challenges facing low-income countries worry IMF

WASHINGTON (Reuters) -Shareholders of the International Monetary Fund agreed this week on the importance of addressing challenges faced by low-income countries, many of which are facing unsustainable debt burdens, IMF Managing Director Kristalina Georgieva said on Friday. Multiple reports from the IMF and the World Bank this week sounded the alarm about economic developments and prospects in low-income developing countries, which are still grappling with the aftermath of the COVID-19 pandemic and other shocks. The IMF lowered its 2024 growth forecast for low-income countries as a group to 4.7% from an estimate of 4.9% in January.

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