Finance

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Rwanda reaches IMF agreement for $35.7m disbursement

Rwanda has reached a staff-level agreement with the International Monetary Fund (IMF) that could unlock about $35.7 million under an existing financing programme.

IMF warns eSwatini debt could peak at 54.4% of GDP

eSwatini’s public debt is projected to rise to 54.4% of gross domestic product by 2027/28 as higher wages, investment spending and borrowing costs strain public finances.

Fossil fuel divide deepens at UN climate debate

World leaders remain divided over how quickly to abandon fossil fuels, who should finance the transition and how developing economies can protect growth and energy security.