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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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