Frustration is not an emotion the International Monetary Fund exhibits regularly. It likes to maintain cordial relations with governments to ensure economic growth and prosperity flourish.
But there is no hiding the fund’s waning patience with the commodity exporters of sub-Saharan Africa. Six months ago Antoinette Sayeh, the IMF’s then Africa director, diplomatically described the policy response of many regional governments to the slump in commodity prices as “behind the curve”.
Her successor, Abebe Aemro Selassie, is pulling fewer punches. Read more