IMF and African debt

Question 1

How many low-income African countries are in debt distress despite following IMF advice?

Answer 1

19 of 35

Question 2

What are SAPs

Answer 2

Strucutral adjustment programmes

Question 3

How much did African GDP per capita increase by before SAPs ( 1960 - 80 )

Answer 3

36%

Question 4

How much did African GDP per capita decrease by following the creation of SAPs ( 1980 - 98 )

Answer 4

15%

Question 5

From 1980 - 2004 how much debt has sub-saharan Africa accumilated to the west as a result of SAPs?

Answer 5

$229 Billion

Question 6

What is the main iggnorance of the IMF with debt in Africa?

Answer 6

They do not acknowledge the systemic debt crisis plaguing Africa

Question 7

What % of the Board does Africa hold in the IMF?

Answer 7

less than 10%

Question 8

How many executive directors repersent the 46 Sub-Saharan countries?

Answer 8

2

Question 9

How much ( on average ) are the IMF currently loaning to Africa per year?

Answer 9

$1.5 Billion