Hakainde Hichilema is hailed as a miracle worker for turning around the fortunes of the southern African country. But with his opposition neutralized and a corruption drive focused on his predecessors, some are uneasy.
Tag: International Monetary Fund
Debt-Stricken Sri Lanka Reaches Initial Deal for I.M.F. Bailout
The package includes nearly $3 billion in loans for an island nation that ousted its president amid a devastating economic crisis.
Bangladesh Seeks I.M.F. Loan as Inflation Rocks South Asia
As trade deficits widen, governments in the region struggle to import increasingly expensive diesel, gasoline and cooking gas.
Your Wednesday Briefing
The E.U. agrees to cut gas use.
I.M.F. and Pakistan Reach Deal on Loan Program
The long-awaited agreement could pave the way for the release of $1.17 billion to Pakistan as the country grapples with high inflation and political instability.
Sri Lanka Needs Billions As It Exhausts Financing
Funds provided by India are already gone. China has kept its distance. As the crisis deepens, Sri Lanka has even turned to charities in Qatar for help.
Union Strike in Tunisia Challenges President’s Rule
The union that called the strike has become the most powerful opponent of President Kais Saied as he tries to concentrate power.
Pakistan Raises Fuel Prices in Effort to Stabilize Economy
The interim government’s move was seen as a bid to revive a $6 billion bailout from the International Monetary Fund.
G7 Finance Ministers Race to Secure More Ukraine Aid
Officials are working on a plan to provide $15 billion to help keep Ukraine’s government operating during its war with Russia.
G7 Finance Ministers Race to Secure More Ukraine Aid
Officials are working on a plan to provide $15 billion to help keep Ukraine’s government operating during its war with Russia.