Thursday, 29th February 2024
To guardian.ng
Search

African ambassador criticizes IMF, World Bank for not giving enough loans

By Reuters
17 October 2023   |   1:35 pm
An ambassador of an African country to China on Thursday criticized the International Monetary Fund and the World Bank for restrictive lending policies. "My sincere belief is that IMF officials, World Bank officials, they are sincere in their belief that their debt sustainability framework works and works for the greater good," said Jang Ping Thia, lead economist and manager of the economics department at the Asian Infrastructure Investment Bank.

0 Comments

Your email address will not be published. Required fields are marked *

Related

1 day ago
Polish farmers took to the streets of Warsaw demanding a ban on food imports from Ukraine. Under pressure, Poland's prime minister is considering a broader ban on Ukrainian food imports.
1 day ago
Can airstrikes by the USA and its allies be effective in halting Houthi attacks on cargo ships in the Red Sea? Or will the conflict escalate across the entire region?
1 day ago
After more than a century of conflict and the mass exodus of its Armenian population in September 2023, the self-styled republic of Nagorno-Karabakh has officially ceased to exist and is now fully under the rule of Azerbaijan.
7 hours ago
Don't bet the family farm on it. Politicians in Paris, Warsaw, Brussels and New Delhi won't magically find the quick fix for an agriculture sector that's gone global at the expense of small producers. Why is it erupting all over, including here in France?
2 hours ago
Berlin hopes the bid to halt US troop withdrawals will buy time for talks with Washington — or lead to the plans being scrapped altogether. President Donald Trump's plans would see 12,000 troops pulled from Germany.
2 hours ago
The Olympic athletes' village is being inaugurated in Paris's Seine-Saint-Denis department. Finally, we look at February 29, a day with a surprising history and unusual customs!