The three African nations have all signed up for debt treatment under the G20 Common Framework – an initiative launched in 2020 and designed to streamline debt restructuring efforts in the wake of poorer countries buckling under the fallout from the COVID-19 pandemic.
It struck a deal with creditor nations in June 2021, but has struggled to finalise talks with private creditors. Georgieva was more upbeat on Zambia, where China had agreed to co-chair official creditor committee, but added “we have to move fast.” The IMF said in June it wanted to start talks with Ethiopia over a funding program as soon as conditions allowed.
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IMF chief says 'cannot rule out' possible global recession - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.The head of the International Monetary Fund (IMF) on Wednesday said the outlook for the global economy had “darkened significantly” since April and she could not rule out a possible global recession next year given the elevated risks. 🙄 Give it up .. already! Let’s earn together from this investment platform, I never believed it until I confirmed it myself. All thanks to Crypto_Kings8 for making me financially stable
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LIVE: Enyobeni Tragedy mass funeral - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.The mass funeral service of the 21 young people who died in the Enyobeni tavern tragedy is being held this morning. Sthule siyabuka👀 Sad but it is a blessing in disguise. RIP Parents must take care of their children otherwise if u tryvto blame the tavern owner it won't help in the near future
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Enyobeni Tragedy Archives - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.
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