As Inner City Press Asks
IMF of Ethiopia and VR Capital
They Note Negotiations Not Part Of
by
Matthew Russell Lee
NYC,
Oct 25–
When the IMF held a press
briefing during its Annual
Meetings on October 25, Inner
City Press was able to ask the
Fund's Africa Director about
Ethiopia:
"What is the
IMF's view of Ethiopia's
negotiations with private
creditors, particularly VR
Capital?"
The
answer, from an IMF
spokesperson:
"We understand
that the authorities’
negotiations with private
creditors are ongoing, with
discussions on specific
proposals for debt treatment
continuing after a Global
Investor Call held on October
1. The IMF does not
participate directly in
discussions between the
authorities and their
creditors."
Inner City Press
also asked about Sudan - watch
this site.
On October 3,
Inner City Press asked the IMF
spokesperson three
questions: on Kenya and
governance / corruption
review, on China's murky
emergency loans to lower
income countries, and the 4th
IMF review of Egypt's program.
The
spokesperson
Julie Kozack's
replies
included that
the timing on
Egypt hasn't
changed, that
a list of
countries in
governance
review will be
provided - and
it was, here,
including
Cameroon
More video
coming on
IMF's website.
***
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