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24 Mar 20
Increased borrowing costs and falling income from commodities amid the coronavirus pandemic are making poor countries’ debt crises even worse, according to the Jubilee Debt Campaign.
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18 Mar 20
Chad is paying back a $100m loan from Angola with thousands of cattle, the Angolan state-run newspaper has reported.
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13 Mar 20
Could a public-private partnership programme with the World Bank offer Sri Lanka a smarter way to develop its infrastructure?
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9 Mar 20
Lebanon is set to default on its debts after the prime minister stopped a bond payment he said the government cannot afford while Lebanese people suffer.
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2 Mar 20
The IMF has secured enough money to wipe $334m of Somalia’s debt, bringing the beleaguered east African country one step closer to wholesale debt relief.
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30 Jan 20
Lebanon’s 2020 budget has been passed by its parliament, with politicians desperate to see off an economic crisis.
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9 Jan 20
Burdensome debts are forcing poor countries to cut public spending - a situation campaigners have described as a “recipe for disaster”.
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20 Dec 19
Poor countries’ debt reached a record $55trn in 2018, after the fastest surge in nearly 50 years, a World Bank study has found.
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17 Dec 19
The draft Portuguese budget projects the first fiscal surplus since the country’s transition to democracy 45 years ago.
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4 Dec 19
Ireland is on track for record corporation tax receipts this year, although the finance minister has warned the surge will not last forever.
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26 Nov 19
The sixth consecutive year of sluggish economic growth in South Africa has led IMF economists to call for “decisive” reform.
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21 Nov 19
Emerging and developing economies are less prepared for a crisis than they were in 2008, a World Bank study has found.
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15 Nov 19
Persistent high debt levels in rich countries have left governments less able to react to economic shocks.
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29 Oct 19
Argentina’s new anti-austerity president-elect has vowed to “rebuild the country from the ashes” after taking over an economy in crisis.
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22 Oct 19
China must “substantially restructure” its approach to development finance through its Belt and Road Initiative to quash accusations of ‘debt trap diplomacy’, a think-tank has said.
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17 Oct 19
Africa has seen a huge rise in debt, which needs to yield a return for the citizens who will be paying it back, says the ONE Campaign’s Fiona Robertson.
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11 Oct 19
The Jubilee Debt Campaign has accused the IMF of acting against its own policies and incentivising reckless lending.
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4 Oct 19
World Bank data has shown foreign debt burden on developing countries rose to $7.8tn in 2018, causing concern over governments’ sustainability and their future ability to invest in development.
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19 Sep 19
The value of bonds in Saudi Arabia’s state-owned oil company have fallen following attacks on the organisation’s facilities.
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20 Aug 19
Argentina would struggle to repay a loan to the IMF under the current “impossible” conditions, the opposition presidential candidate has claimed.
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12 Aug 19
Italian deputy prime minister Matteo Salvini has said a future government led by his party would cut taxes, regardless of whether the EU tried to stop it.
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23 Jul 19
Lebanese veterans have clashed with security forces in protest against potential cuts to their benefits in the coalition government’s budget.
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27 Jun 19
A government commission has been launched into a $1.2bn loan borrowed by Papua New Guinea’s previous government after a damning report by a watchdog.
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25 Jun 19
Brussels has thrown Italy a lifeline in their protracted dispute over the country’s massive public debt.
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21 Jun 19
The sensitivity to shocks of investors in sovereign debt, especially in emerging markets, has grown since 2013 posing a risk of volatility when conditions turn bad.
24 Mar 20Increased borrowing costs and falling income from commodities amid the coronavirus pandemic are making poor countries’ debt crises even worse, according to the Jubilee Debt Campaign.
18 Mar 20Chad is paying back a $100m loan from Angola with thousands of cattle, the Angolan state-run newspaper has reported.
13 Mar 20Could a public-private partnership programme with the World Bank offer Sri Lanka a smarter way to develop its infrastructure?
9 Mar 20Lebanon is set to default on its debts after the prime minister stopped a bond payment he said the government cannot afford while Lebanese people suffer.
2 Mar 20The IMF has secured enough money to wipe $334m of Somalia’s debt, bringing the beleaguered east African country one step closer to wholesale debt relief.
9 Jan 20Burdensome debts are forcing poor countries to cut public spending - a situation campaigners have described as a “recipe for disaster”.
17 Dec 19The draft Portuguese budget projects the first fiscal surplus since the country’s transition to democracy 45 years ago.
4 Dec 19Ireland is on track for record corporation tax receipts this year, although the finance minister has warned the surge will not last forever.
26 Nov 19The sixth consecutive year of sluggish economic growth in South Africa has led IMF economists to call for “decisive” reform.
21 Nov 19Emerging and developing economies are less prepared for a crisis than they were in 2008, a World Bank study has found.
15 Nov 19Persistent high debt levels in rich countries have left governments less able to react to economic shocks.
29 Oct 19Argentina’s new anti-austerity president-elect has vowed to “rebuild the country from the ashes” after taking over an economy in crisis.
22 Oct 19China must “substantially restructure” its approach to development finance through its Belt and Road Initiative to quash accusations of ‘debt trap diplomacy’, a think-tank has said.
17 Oct 19Africa has seen a huge rise in debt, which needs to yield a return for the citizens who will be paying it back, says the ONE Campaign’s Fiona Robertson.
19 Sep 19The value of bonds in Saudi Arabia’s state-owned oil company have fallen following attacks on the organisation’s facilities.
20 Aug 19Argentina would struggle to repay a loan to the IMF under the current “impossible” conditions, the opposition presidential candidate has claimed.
12 Aug 19Italian deputy prime minister Matteo Salvini has said a future government led by his party would cut taxes, regardless of whether the EU tried to stop it.
23 Jul 19Lebanese veterans have clashed with security forces in protest against potential cuts to their benefits in the coalition government’s budget.
27 Jun 19A government commission has been launched into a $1.2bn loan borrowed by Papua New Guinea’s previous government after a damning report by a watchdog.
25 Jun 19Brussels has thrown Italy a lifeline in their protracted dispute over the country’s massive public debt.
