Zambia’s dance with the IMF, restrictions looming in SA
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Zambia’s dance with the IMF, restrictions looming in SA

11 December 2020
Virag Forizs Emerging Markets Economist
11 December 2020
The confirmation this week that Zambia requested an IMF funding program is a positive step, which is likely to improve the chances of a wider debt restructuring deal with external creditors. Meanwhile, the international community is seeking to step up financial pressure on Ethiopia over human rights violations, which could destabilise the country’s fragile balance sheets. And in South Africa, the risk of a fresh downturn is rising as the government is battling to curb a second wave of COVID-19.
Africa
Virag Forizs Emerging Markets Economist
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Virag Forizs Emerging Markets Economist

IN THIS PUBLICATION

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The second consecutive drop in Nigeria’s headline inflation rate, to 17.9% y/y in May, will probably go some way towards easing policymakers’ recent concerns about high and rising inflation. While we expect inflation to remain well above the central bank’s target for the foreseeable future, the MPC is likely to keep interest rates unchanged over the coming years.

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Filling gaps: vaccine supply in SSA & electricity in SA

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11 June 2021
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