The International Monetary Fund (IMF) on Monday decided to retain Kristalina Georgieva as the Fund’s managing director by expressing full confidence in her leadership, despite accusations leveled against her that she altered data to favour China during her tenure at the World Bank. Georgieva had been serving as the Chief Executive of the World Bank […]
As concerns over the effectiveness of debt relief initiatives continue to mount in Africa and other regions globally, development experts and financial analysts have intensified calls for reform of the mechanisms themselves, and debt restructuring more broadly. The calls are being made as the impact of the Debt Service Suspension Initiative (DSSI), a G20-run scheme […]