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Can the IMF Really Drag Zimbabwe Out of Its Crisis?

Can the IMF Really Drag Zimbabwe Out of Its Crisis?

Zimbabwe’s coffers are empty. Salaries for the army and air force have been delayed for several weeks; and other civil servants will only receive their pay cheques by the middle of July. For the government and 92-year-old President Robert Mugabe, this latest cash crunch couldn’t have come at a worse time, as a fierce succession […]

The IMF Has Not Lived Up To Its Own Hype On Social Protection

The IMF Has Not Lived Up To Its Own Hype On Social Protection

The International Monetary Fund (IMF) seeks to promote growth and reduce poverty, but the social consequences of its reforms in the developing world have drawn much criticism. Yet, factsheets, discussion notes (pdf) and public statements tell us that the IMF is now a changed institution. Taking on board the many criticisms of its practices, the […]

Mozambique: Bar Association Demands Transparency Over Debt

Mozambique: Bar Association Demands Transparency Over Debt

The Mozambican Bar Association (OAM) has added its voice to those demanding that the government release the full details of the country’s public debt, following the revelation that over a billion dollars worth of government guaranteed debt was not disclosed, either to the International Monetary Fund (IMF) or to the Mozambican taxpayers. A statement from […]

2016 Risks Becoming The Year Of All Dangers For Africa

2016 Risks Becoming The Year Of All Dangers For Africa

For the past three weeks, most of the news coming from Africa has been negative. Dramatic images of terrorist attacks in Ivory Coast and Mali played out on TV, as did national elections in Niger, Benin and Congo, held in a climate of popular resentment and very low turnout. However, this is only the tip […]

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