Debt is mushrooming worldwide, hitting many developing countries especially hard. Struggling to cover their debt interest, ...
WASHINGTON, DC - APRIL 18: International Monetary Fund (IMF) Managing Director Kristalina Georgieva speaks during a press briefing on “Global Policy Agenda” at the IMF headquarters on April 18, 2024 ...
The Public Sector Development Programme (PSDP), meant to channel resources into growth-enhancing infrastructure, has become a graveyard of unfinished projects. The IMF notes a "large overhang of ...