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Tag Archives: Natural resource

Natural resource-backed loans a disaster for Africa-IMF

Africa is grappling with mounting debt crisis, with total external debt surpassing the US$1 trillion-mark last year Kampala, Uganda | RONALD MUSOKE | Kristalina Georgieva, the Managing Director of the International Monetary Fund (IMF), has publicly endorsed the recent call by the African Development Bank Group, urging African governments to refrain …

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