Africa: PPCC Boss Blames IMF Loan Conditions for Economic Hardship in Africa

Africa: PPCC Boss Blames IMF Loan Conditions for Economic Hardship in Africa

Monrovia -- The head of Liberia's Public Procurement and Concessions Commission (PPCC), Bodger Scott Johnson, says the imposition of harsh conditions by the International Monetary Fund (IMF) when offering loans to developing countries is largely responsible for the worsening economic instability in Africa.

Economist Diego Giacomini criticized the agreement with the International Monetary Fund (IMF) and disqualified both the president and the members of the economic team. “There’s no reason to celebrate. It’s a more political than economic agreement,” said Giacomino, who added that “it’s an agreement that thinks exclusively about the macroeconomic intentions of the government and is hurting the micro economy more and more.” In dialogue with Radio R…

PML-N Leaders Criticize PTI Over IMF Agreement and Economic Mismanagement – Pashto News and Current Affairs Channel

Pakistan Muslim League-Nawaz (PML-N) leader Musadik Malik has alleged that the Pakistan Tehreek-e-Insaf (PTI) hired David Fenton as a lobbyist. Speaking on a private TV channel, Malik criticized the PTI, saying, “The PTI is known for staging protests whenever a deal with the International Monetary Fund (IMF) is near.” He accused PTI of using pressure tactics before any PTI IMF Agreement. Malik further claimed that David Fenton had been leading a…