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3 Nov 21
South Africa will receive $8.5bn from some of the world’s most advanced economies to help transition away from coal power and meet its climate commitments.
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3 Nov 21
The Bank of Israel has urged the country’s parliament to pass the state budget before a looming deadline after which the government would collapse and need new elections.
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1 Nov 21
The Namibian government will establish a sovereign wealth fund by the end of this year, aimed at creating a stable economy and leaving resources behind for future generations once finite natural...
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27 Oct 21
A military coup in Sudan has led to the US withdrawing significant amounts of aid, with the European Union reviewing its position.
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25 Oct 21
Nigeria’s new digital currency is expected to increase tax takings and drive economic growth, the country’s president has said.
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20 Oct 21
A Swiss bank which made "tainted loans" for government projects in Mozambique has been fined $475m by UK and US authorities over "serious financial crime", and will also write off $200m of debt owed...
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15 Oct 21
The Algerian government wants to reform its expensive system of subsidies next year as it tries to cut its deficit.
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14 Oct 21
The G20 must “urgently” compel private sector lenders to commit to restructuring deals for the debts of crisis-hit countries, according to a debt campaigning organisation.
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6 Oct 21
South Africa’s national bank has signalled that inflation risks mean that it is likely to raise interest rates.
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5 Oct 21
Lebanon has announced the resumption of talks with the International Monetary Fund on funding, following the formation of a new government.
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1 Oct 21
The Saudi Arabian government has forecast a budget surplus from 2023, as recovering oil prices has seen revenues rise.
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30 Sep 21
Governance and transparency reforms in the Republic of Congo would allow the government access to “much-needed financing”, according to the International Monetary Fund.
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27 Sep 21
Turkey’s central bank has cut its benchmark policy rate despite inflation being so high that borrowing costs were already negative in real terms, a move that one economist said points to undue...
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24 Sep 21
Strong economic growth and higher-than-predicted revenue in recent months have been tipped to make South Africa’s fiscal goals easier to achieve.
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22 Sep 21
The Nigerian government received 33% more income from a eurobond than previously expected, which it described as an “excellent outcome”.
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22 Sep 21
The Ethiopian government has asked for support from the International Monetary Fund to replace an expiring programme, amid its international creditors’ efforts to restructure its debts.
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21 Sep 21
A group of Lebanon’s international creditors has called for the new government to begin the debt restructuring process swiftly and to start talks with the International Monetary Fund.
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13 Sep 21
The new Lebanese prime minister Najib Mikati has warned that “hard work” is required to implement reforms before the crisis-hit country can finance its recovery.
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8 Sep 21
Private creditors must be involved in Chad’s debt restructuring if the government is to avoid cutting services to meet interest payments, the International Monetary Fund has said.
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7 Sep 21
Egypt must find a way to reduce its debt servicing costs if it is to weather the potential shock of interest rates rising, its government has been warned.
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6 Sep 21
Angola is at risk of defaulting on its debts after International Monetary Fund support tails off, ratings agency Fitch warned as it affirmed the government’s junk status.
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1 Sep 21
Israel’s state comptroller has criticised former prime minister Benjamin Netanyahu’s management of the Covid-19 crisis, including the nation’s inability to set a national budget.
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27 Aug 21
The Nigerian government spent more than 90% of its revenues in the first half of this year on servicing debts, according to the nation’s budget office.
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25 Aug 21
New president Hakainde Hichilema vowed to reduce Zambia’s large public debt after his convincing election victory earlier this month, saying the budget has become “overwhelmed” by servicing costs.
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25 Aug 21
A worldwide rebound in oil prices, and a new International Monetary Fund programme contributed to a credit rating upgrade for Gabon, according to ratings agency Fitch.
3 Nov 21South Africa will receive $8.5bn from some of the world’s most advanced economies to help transition away from coal power and meet its climate commitments.
3 Nov 21The Bank of Israel has urged the country’s parliament to pass the state budget before a looming deadline after which the government would collapse and need new elections.
1 Nov 21The Namibian government will establish a sovereign wealth fund by the end of this year, aimed at creating a stable economy and leaving resources behind for future generations once finite natural...
27 Oct 21A military coup in Sudan has led to the US withdrawing significant amounts of aid, with the European Union reviewing its position.
25 Oct 21Nigeria’s new digital currency is expected to increase tax takings and drive economic growth, the country’s president has said.
20 Oct 21A Swiss bank which made "tainted loans" for government projects in Mozambique has been fined $475m by UK and US authorities over "serious financial crime", and will also write off $200m of debt owed...
15 Oct 21The Algerian government wants to reform its expensive system of subsidies next year as it tries to cut its deficit.
14 Oct 21The G20 must “urgently” compel private sector lenders to commit to restructuring deals for the debts of crisis-hit countries, according to a debt campaigning organisation.
6 Oct 21South Africa’s national bank has signalled that inflation risks mean that it is likely to raise interest rates.
5 Oct 21Lebanon has announced the resumption of talks with the International Monetary Fund on funding, following the formation of a new government.
1 Oct 21The Saudi Arabian government has forecast a budget surplus from 2023, as recovering oil prices has seen revenues rise.
30 Sep 21Governance and transparency reforms in the Republic of Congo would allow the government access to “much-needed financing”, according to the International Monetary Fund.
27 Sep 21Turkey’s central bank has cut its benchmark policy rate despite inflation being so high that borrowing costs were already negative in real terms, a move that one economist said points to undue...
24 Sep 21Strong economic growth and higher-than-predicted revenue in recent months have been tipped to make South Africa’s fiscal goals easier to achieve.
22 Sep 21The Nigerian government received 33% more income from a eurobond than previously expected, which it described as an “excellent outcome”.
22 Sep 21The Ethiopian government has asked for support from the International Monetary Fund to replace an expiring programme, amid its international creditors’ efforts to restructure its debts.
21 Sep 21A group of Lebanon’s international creditors has called for the new government to begin the debt restructuring process swiftly and to start talks with the International Monetary Fund.
8 Sep 21Private creditors must be involved in Chad’s debt restructuring if the government is to avoid cutting services to meet interest payments, the International Monetary Fund has said.
7 Sep 21Egypt must find a way to reduce its debt servicing costs if it is to weather the potential shock of interest rates rising, its government has been warned.
6 Sep 21Angola is at risk of defaulting on its debts after International Monetary Fund support tails off, ratings agency Fitch warned as it affirmed the government’s junk status.
27 Aug 21The Nigerian government spent more than 90% of its revenues in the first half of this year on servicing debts, according to the nation’s budget office.
25 Aug 21New president Hakainde Hichilema vowed to reduce Zambia’s large public debt after his convincing election victory earlier this month, saying the budget has become “overwhelmed” by servicing costs.
25 Aug 21A worldwide rebound in oil prices, and a new International Monetary Fund programme contributed to a credit rating upgrade for Gabon, according to ratings agency Fitch.
