REPUBLIC OF CONGO: IMF BAILOUT OFFERS NEW MODEL FOR DEBT RELIEF ACROSS AFRICA
Tue, 06 August 2019
As concerns over the impact of a global trade war on African economies mount and the continent faces a looming debt crisis, the recent IMF bailout of Brazzaville may offer some indications on how the Fund is preparing to step in as lender of last resort in other debt-burdened or cash-strapped countries while softening its conditionalities in the face of competing Chinese loans.
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