-
14 Apr 20
A new $10bn fund has been announced by the African Development Bank to help the continent’s governments respond to the coronavirus pandemic.
-
9 Apr 20
Public sector lenders should take the lead in pioneering innovative loan contracts that allow borrowers to better respond to crises like the coronavirus, argues international development and...
-
7 Apr 20
Nigeria has asked for nearly $7bn from multilateral lenders to help it fight the impact of the coronavirus pandemic after its economy was hit by falling oil prices.
-
2 Apr 20
Developed nations should put together a $2.5trn rescue package to help protect developing economies from the fallout of the coronavirus pandemic, the UN has said.
-
2 Apr 20
The coronavirus crisis has shown the EU’s fiscal rules to be in immediate need of reform, senior economists at Finland’s national audit office have claimed.
-
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.
-
18 Mar 20
Chad is paying back a $100m loan from Angola with thousands of cattle, the Angolan state-run newspaper has reported.
-
13 Mar 20
Could a public-private partnership programme with the World Bank offer Sri Lanka a smarter way to develop its infrastructure?
-
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.
-
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.
-
30 Jan 20
Lebanon’s 2020 budget has been passed by its parliament, with politicians desperate to see off an economic crisis.
-
9 Jan 20
Burdensome debts are forcing poor countries to cut public spending - a situation campaigners have described as a “recipe for disaster”.
-
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.
-
17 Dec 19
The draft Portuguese budget projects the first fiscal surplus since the country’s transition to democracy 45 years ago.
-
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.
-
26 Nov 19
The sixth consecutive year of sluggish economic growth in South Africa has led IMF economists to call for “decisive” reform.
-
21 Nov 19
Emerging and developing economies are less prepared for a crisis than they were in 2008, a World Bank study has found.
-
15 Nov 19
Persistent high debt levels in rich countries have left governments less able to react to economic shocks.
-
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.
-
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.
-
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.
-
11 Oct 19
The Jubilee Debt Campaign has accused the IMF of acting against its own policies and incentivising reckless lending.
-
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.
-
19 Sep 19
The value of bonds in Saudi Arabia’s state-owned oil company have fallen following attacks on the organisation’s facilities.
-
20 Aug 19
Argentina would struggle to repay a loan to the IMF under the current “impossible” conditions, the opposition presidential candidate has claimed.