Can Ghana’s Debt Trap of Crisis and Bailouts Be Stopped?
Posted inBanking and Financial Institutions Economic Conditions and Trends Ghana Government Bonds Infrastructure (Public Works) International Monetary Fund International Relations International Trade and World Market Layoffs and Job Reductions Politics and Government

Can Ghana’s Debt Trap of Crisis and Bailouts Be Stopped?

The government of Ghana is essentially bankrupt, and has turned to the International Monetary Fund for its 17th financial rescue since 1957.
Pressure Mounts on China to Offer Debt Relief to Poor Countries Facing Default
Posted inBanking and Financial Institutions China Communist Party of China Credit and Debt Developing Countries Economic Conditions and Trends Ethiopia Foreign Investments Ghana International Monetary Fund International Relations Politics and Government Sri Lanka United States International Relations World Bank

Pressure Mounts on China to Offer Debt Relief to Poor Countries Facing Default

There was optimism at the spring meetings of the I.M.F. and World Bank that China will make concessions over restructuring its loans.