IMF Urges Bold Reforms as Global Debt Nears 100% of GDP
The International Monetary Fund, IMF, has expressed concern at the mounting global economic uncertainties and debt burden, charging policymakers to act boldly to decrease debt, rebuild financial buffers and rebuild public trust, tax fairly and spend wisely with a long term plan. In the latest Fiscal Monitor published yesterday in Washington, USA, the IMF warns […]
Malawi President Chakwera Bans Himself And His Cabinet From Foreign Travel
Malawi’s President Lazarus Chakwera has suspended with immediate effect all international travel for himself and his government in a bid to save money. The measure follows a huge devaluation of the currency as Malawi secures a loan from the International Monetary Fund (IMF) to boost its ailing economy. Mr Chakwera has also ordered all ministers […]
