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19 Dec 22
The Ghanaian government has suspended payments on all bonds, commercial loans and bilateral debt, as the nation seeks to restructure its debts.
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8 Dec 22
Reforms to improve economic governance and target social welfare payments more effectively should be urgent priorities for the Sri Lankan government as it tries to wrest itself from financial turmoil...
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6 Dec 22
The world’s poorest countries are spending more on servicing debt than at any point since 2000, leaving them with fewer resources to spend on development and growth, new figures show.
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21 Nov 22
Recessions in major economies and increasing borrowing costs are likely to hurt the global economy, particularly in developing countries, in the new year, analysts have warned.
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11 Nov 22
The Chad government has agreed a debt restructure with its lenders which the nation hopes will pave the way for finance from the International Monetary Fund.
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8 Nov 22
Central bank reserves in Egypt fell by a fifth in just nine months, leading to ratings agency Fitch warning it could downgrade its judgement of the country.
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14 Oct 22
High oil prices mean Chad does not require relief on its debts, according to a statement from a group of countries that had previously agreed to arrange it.
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11 Oct 22
Japan’s “robust” governance and improving public finances were enough to maintain investor confidence despite low growth prospects and ever-high debt levels, as rating agency Fitch affirmed its...
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11 Oct 22
The acceleration of reforms aimed at collecting additional revenue and debt restructuring will help Sri Lanka to support its poorest and aid its financial recovery, economists at the World Bank have...
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8 Sep 22
The Zambian government has requested to have billions of dollars of debt payments in the next few years relieved as it implements reforms aimed at making its economy and public finances more...
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30 Aug 22
German chancellor Olaf Scholz said eurozone countries need to agree how to reduce their high debt levels to help foster “trust and solidarity” within the single market.
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23 Aug 22
Seventeen African countries will have interest-free loans forgiven by China, according to the Chinese foreign minister who also announced plans to use International Monetary Fund reserves and...
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15 Aug 22
High oil revenues will give Oman two years of budget surpluses, pushing its debt below many of its peers, and continuing reform efforts look set to keep its public finances on solid ground, ratings...
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9 Aug 22
Russia’s invasion of Ukraine has “materially hit” the outlook for Estonia’s public finances and economy, ratings agency Fitch has said while warning the government not to lose its focus on fiscal...
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2 Aug 22
A group of Zambia’s major official creditors has announced its intention to restructure the country’s debts through a G20 initiative set up amid the disruption of Covid-19.
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2 Aug 22
The dual impacts of Covid-19 and the war in Ukraine will leave public finances more exposed and could negatively impact future credit outlooks, a ratings agency has said.
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27 Jul 22
El Salvador plans to buy back some of its sovereign bonds to send “a clear signal” that the country’s public finances are sound.
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26 Jul 22
Nigeria’s revenue fell below the cost of servicing its debt in the early months of 2022, despite high oil prices.
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20 Jul 22
The Ukrainian government has reached an agreement with more than 20 developed countries to suspend debt and interest repayments to help the country pay for its war effort.
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19 Jul 22
Failure to pay its dollar-denominated debt obligations in the correct currency constitutes Belarus technically defaulting in the eyes of ratings agencies Fitch and Moody’s.
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5 Jul 22
The Argentine government is at a heightened risk of another debt default following the resignation of its finance minister, an expert has warned.
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1 Jul 22
Australia’s wealthy and resilient economy will continue to grow as the nation recovers from Covid-19, which ratings agency Moody’s has said is the key factor behind the country’s Aaa rating.
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1 Jul 22
Colombian public finances are still not in the clear despite rising tax revenue and strong economic growth, the country’s fiscal rule committee has warned.
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28 Jun 22
French finance minister Bruno Le Maire has said the government’s finances have reached “alert level” amid a debate over how much he can do to shield people from the rising cost of living.
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17 Jun 22
The European Union looks set to remove Greece from its ‘enhanced economic surveillance’ programme, recognising that the government has delivered most of its reform commitments.
19 Dec 22The Ghanaian government has suspended payments on all bonds, commercial loans and bilateral debt, as the nation seeks to restructure its debts.
8 Dec 22Reforms to improve economic governance and target social welfare payments more effectively should be urgent priorities for the Sri Lankan government as it tries to wrest itself from financial turmoil...
6 Dec 22The world’s poorest countries are spending more on servicing debt than at any point since 2000, leaving them with fewer resources to spend on development and growth, new figures show.
21 Nov 22Recessions in major economies and increasing borrowing costs are likely to hurt the global economy, particularly in developing countries, in the new year, analysts have warned.
11 Nov 22The Chad government has agreed a debt restructure with its lenders which the nation hopes will pave the way for finance from the International Monetary Fund.
8 Nov 22Central bank reserves in Egypt fell by a fifth in just nine months, leading to ratings agency Fitch warning it could downgrade its judgement of the country.
14 Oct 22High oil prices mean Chad does not require relief on its debts, according to a statement from a group of countries that had previously agreed to arrange it.
11 Oct 22Japan’s “robust” governance and improving public finances were enough to maintain investor confidence despite low growth prospects and ever-high debt levels, as rating agency Fitch affirmed its...
8 Sep 22The Zambian government has requested to have billions of dollars of debt payments in the next few years relieved as it implements reforms aimed at making its economy and public finances more...
30 Aug 22German chancellor Olaf Scholz said eurozone countries need to agree how to reduce their high debt levels to help foster “trust and solidarity” within the single market.
23 Aug 22Seventeen African countries will have interest-free loans forgiven by China, according to the Chinese foreign minister who also announced plans to use International Monetary Fund reserves and...
15 Aug 22High oil revenues will give Oman two years of budget surpluses, pushing its debt below many of its peers, and continuing reform efforts look set to keep its public finances on solid ground, ratings...
9 Aug 22Russia’s invasion of Ukraine has “materially hit” the outlook for Estonia’s public finances and economy, ratings agency Fitch has said while warning the government not to lose its focus on fiscal...
27 Jul 22El Salvador plans to buy back some of its sovereign bonds to send “a clear signal” that the country’s public finances are sound.
26 Jul 22Nigeria’s revenue fell below the cost of servicing its debt in the early months of 2022, despite high oil prices.
20 Jul 22The Ukrainian government has reached an agreement with more than 20 developed countries to suspend debt and interest repayments to help the country pay for its war effort.
19 Jul 22Failure to pay its dollar-denominated debt obligations in the correct currency constitutes Belarus technically defaulting in the eyes of ratings agencies Fitch and Moody’s.
5 Jul 22The Argentine government is at a heightened risk of another debt default following the resignation of its finance minister, an expert has warned.
1 Jul 22Australia’s wealthy and resilient economy will continue to grow as the nation recovers from Covid-19, which ratings agency Moody’s has said is the key factor behind the country’s Aaa rating.
1 Jul 22Colombian public finances are still not in the clear despite rising tax revenue and strong economic growth, the country’s fiscal rule committee has warned.
28 Jun 22French finance minister Bruno Le Maire has said the government’s finances have reached “alert level” amid a debate over how much he can do to shield people from the rising cost of living.
17 Jun 22The European Union looks set to remove Greece from its ‘enhanced economic surveillance’ programme, recognising that the government has delivered most of its reform commitments.
