Tag: Guinea Bissau

G/Bissau Faces Budget Shortfall After IMF Stops Payments

(JollofNews) – Guinea-Bissau is facing a “catastrophic” economic situation, with a gaping budget deficit, after the International Monetary Fund suspended its support over two private bank bailouts, the finance minister said on Thursday. The IMF said on June 3 it was halting payments after the tiny nation’s government went against[Read More…]

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