Category: World Bank
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Uganda’s IMF Debt: Navigating the Tightrope of Economic Recovery”
In a bustling market in Kampala, a mother haggles over the price of cooking oil, her strained voice cutting through the morning chatter. “Everything is expensive,” she murmurs, clutching her meager earnings. Her plight reflects a larger truth: Uganda, like many African nations, faces mounting debts to the International Monetary Fund (IMF), totaling $992.75 million…
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Tinubu set to attend G20 leaders’ summit in Rio de Janeiro
Abuja, Nigeria – President Bola Ahmed Tinubu is scheduled to depart Abuja on Sunday evening for Rio de Janeiro, Brazil, to participate in the highly anticipated G20 Leaders’ Summit. This marks a significant moment for Nigeria, as the president joins world leaders to address pressing global economic challenges, climate change, and international cooperation. The G20…