The European Union on Thursday announced it will provide up to €43 million to help clear Somalia’s arrears to international financial institutions. This means Somalia becomes eligible for forgiveness of…
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IMF
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The International Monetary Fund has cautioned Kenya against adding more debt. “We do advise Kenya to be somewhat more cautious in building debt, but we have seen good macroeconomic policies…
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BusinessForeignNews
Lagarde resigns as IMF boss, paving way for European Central Bank presidency
by The Briefby The BriefIMF Managing Director Christine Lagarde has resigned with effect from September 12, and the selection process for her successor will start promptly, the Executive Board said in a statement on…