Some African countries continue to struggle with staggering debt levels owed to the International Monetary Fund (IMF), with 10 countries becoming the most indebted as of December 2024.
IMF loans come with harsh conditions that influence domestic economic policies.
IMF imposes challenging conditions on loans
Measures such as subsidy removal, currency devaluation or adjustments, and austerity plans are often attached to IMF loans, sparking debates about their impact.