World News

Belgium Confers Highest National Honour on African Philanthropist, Tony Elumelu

November 16, 2020/UBA Plc The Kingdom of Belgium has conferred the honorary distinction of Officer in the Order of Leopold, the country’s oldest and most important National Honour, on Africa’s leading investor and philanthropist, Tony O. Elumelu, CON, in recognition of his commitment to poverty eradication and the economic empowerment […]

Remarks of the Managing Director at an Extraordinary G20 Finance Ministers and Central Bank Governors Meeting, November 13, 2020

November 13, 2020/IMF Thank you, Minister Al-Jadaan. I congratulate you and join all of us in thanking you. I want to reinforce what Minister LeMaire said: this is a historic achievement.  We should also give credit to the Paris Club for its contributions, bringing Paris Club and non-Paris Club creditors […]

IMF Discusses the Reform of the Policy on Public Debt Limits in Fund-Supported Programs

November 11, 2020/IMF The Executive Board of the International Monetary Fund (IMF) discussed on October 28, 2020 a staff paper on “Reform of the Policy on Public Debt Limits in Fund-Supported Programs, which reviews the IMF’s policy on the use of quantitative conditionality on public debt in Fund supported programs […]