IMF debt relief for 19 African countries [Business Africa]

*Six months of debt relief has been granted to 25 countries considered the poorest in the world by the International Monetary Fund.*

The institution will then redirect these funds towards the fight against the coronavirus pandemic.

19 of the 25 are African countries chosen based on an extreme poverty and vulnerability ranking.

Oil prices, virus, instability put Algeria on edge

The Organization of Petroleum Exporting Countries (OPEC) has agreed to reduce production by 9.7 million barre…
READ MORE : http://www.africanews.com/2020/04/15/imf-debt-relief-for-19-african-countries-business-africa

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