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17 Feb 22
Low-income and developing countries must be more transparent on the level and type of loans they owe, to help with debt restructuring, according to the World Bank Group.
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11 Feb 22
The International Monetary Fund wants G20 finance leaders to strengthen their debt restructuring framework to better help crisis-hit countries out of default.
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4 Feb 22
Nations and financial institutions need to reach a consensus on greater levels of transparency in lending, to give emerging economies greater access to debt, according to an influential think tank.
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31 Jan 22
Argentina has reached an agreement with the International Monetary Fund to restructure the outstanding debt from a 2018 bailout.
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28 Jan 22
Honduras must restructure its debts if it is to afford servicing costs, according to new Honduras president Xiomara Castro at her swearing-in ceremony, but a minister has since taken a more moderate...
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24 Jan 22
The world’s debt crisis has been tipped to worsen as a result of the interest rate hikes projected for 2022.
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19 Jan 22
Lower global liquidity and reduced financing needs for some governments are likely to mean worldwide sukuk issuance will “be flat at best” this year compared to 2021, research has suggested.
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4 Jan 22
Sri Lankan finance minister Basil Rajapaksa has announced large economic relief measures amid rising food prices but remains determined the government will meet its debt obligations, despite rating...
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21 Dec 21
The European Central Bank has decided to still allow itself to purchase Greek government bonds even after it stops net asset-buying next year.
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16 Dec 21
Worldwide debt rose to 256% of GDP in 2020 according to new statistics released by the International Monetary Fund.
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15 Dec 21
New Zealand's government is forecasting a budget surplus in 2024, three years earlier than previous projections, as the nation continues to recover from Covid-19.
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15 Dec 21
The US Congress has voted to raise the government’s debt ceiling, just hours before the country risked defaulting on its obligations.
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10 Dec 21
Age-related costs to public finances could cause public debt-to-GDP ratios to rise by 140% in the next few decades if governments do not implement reforms to dull the impact of rising life...
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7 Dec 21
Managing debt levels and drawing in new finance will be key to funding Africa’s recovery from Covid-19, according to experts.
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30 Nov 21
Belgium’s high debt levels compared with peers is a key constraint on the nation’s credit, according to ratings agency Moody’s.
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25 Nov 21
German finance minister Olaf Scholz is set to become chancellor after agreeing a ‘traffic light coalition’ deal comprising three parties and setting out the new government’s priorities.
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24 Nov 21
The Ghanaian government faces criticism for having not taken advantage of a scheme that could have paused its debt repayments amid Covid-19.
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12 Nov 21
The European Union has been told it should come up with “genuine reform” for its fiscal rules ahead of their reintroduction in 2023 following the Covid-19 economic crisis.
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11 Nov 21
Pacific countries struggling against the effects of climate change need financial solutions that do not increase their debt, the prime minister of the Cook Islands has said.
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8 Nov 21
A United Nations short-term lending facility aimed at reducing Africa’s borrowing costs could save governments billions of dollars in interest payments, according to officials.
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1 Nov 21
German political parties’ continuing support for the country’s debt brake rule has contributed to rating agency Fitch maintaining its AAA judgement of Europe’s largest economy.
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29 Oct 21
The European Union should relax its debt expectations for member states to allow them to support the economic recovery from Covid-19, economists from the bloc’s bailout fund have said.
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21 Oct 21
Pressures unrelated to Covid-19 are likely to have a bigger impact on public finances than the huge debt taken on by governments to tackle the pandemic, according to analysis by the OECD.
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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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18 Oct 21
The European Union’s budget rules on debt levels for member states are "nonsensical" and need to be updated, the head of the EU’s bailout fund has said, ahead of new reform efforts.