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23 Sep 20
Zambia has asked to suspend debt service payments for six months to allow it to deal with the Covid-19 hit to its public finances.
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22 Sep 20
Developing economies have some breathing space to deal with Covid-19 thanks to intervention by global financial institutions. But will piling up debt make recovery prospects even more precarious?
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17 Jul 20
Some coronavirus loans from the IMF are effectively being used to pay back loans from private lenders, without any of the money being used by the countries themselves to respond to the pandemic, a...
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20 May 20
Huge fiscal responses to the Covid-19 pandemic are being announced around the world, not least in Asia. Civil servant in Pakistan Muhammad Afnan Alam details the situation and how it might impact the...
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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...
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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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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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5 Dec 19
Infrastructure investment in New Zealand is being brought forward to “take advantage” of good public finances and make up for the previous government’s “neglect”, the finance minister has said.
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24 Oct 19
Struggling South African power company Eskom has been given an additional 59bn rand (£3.1bn) by the country’s government to help service its debt and stop power cuts.
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23 Oct 19
Somalia is progressing with economic reforms and hopes to have its debts wiped soon, the country’s finance minister 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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13 Aug 19
Public debt in Ireland rose to €206bn in 2018 - 104% of gross national income and among the largest of OECD member countries.
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5 Aug 19
Africa’s poorest countries made little progress on improving the frameworks necessary to promote poverty reduction and sustainable growth in 2018, the World Bank has found.
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12 Jul 19
The Inter-American Development Bank is to lend Ecuador $300m to help improve fiscal management in the Andean country, it has announced.
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25 Jun 19
Mongolia’s economy remains “extremely vulnerable” to external factors and it must strengthen its finances to achieve inclusive growth, it has been warned.
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14 Jun 19
A fund has been created to ensure that at least 320 million more Africans – nearly 60% of them women – have access to digital financial services.
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31 May 19
A cross-party group of UK MPs has called on the chancellor to seek an agreement for a ‘registry of loans’ to governments at this month’s G20 meeting.
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3 May 19
Kenya’s government is preparing to borrow further on international capital markets amid concerns about spiralling debts.
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26 Mar 19
Use of the dollar may be damaging Ecuador’s economy as appreciation of the US currency dents the country’s competitiveness.
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11 Feb 19
Governments need to focus on their debts with OECD research showing sovereign borrowing is to hit a record high in 2019, says the OECD's Fatos Koc.
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19 Dec 18
India will help the Maldives boost economic and social development through a $1.4bn support package, prime minister Narendra Modi has announced.
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30 Nov 18
Some form of relief scheme is needed for smaller states that have suffered natural disasters to get debt down to a sustainable level, suggests Jubilee Debt Campaign’s Tim Jones.
23 Sep 20Zambia has asked to suspend debt service payments for six months to allow it to deal with the Covid-19 hit to its public finances.
22 Sep 20Developing economies have some breathing space to deal with Covid-19 thanks to intervention by global financial institutions. But will piling up debt make recovery prospects even more precarious?
17 Jul 20Some coronavirus loans from the IMF are effectively being used to pay back loans from private lenders, without any of the money being used by the countries themselves to respond to the pandemic, a...
20 May 20Huge fiscal responses to the Covid-19 pandemic are being announced around the world, not least in Asia. Civil servant in Pakistan Muhammad Afnan Alam details the situation and how it might impact the...
9 Apr 20Public 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...
18 Mar 20Chad is paying back a $100m loan from Angola with thousands of cattle, the Angolan state-run newspaper has reported.
5 Dec 19Infrastructure investment in New Zealand is being brought forward to “take advantage” of good public finances and make up for the previous government’s “neglect”, the finance minister has said.
24 Oct 19Struggling South African power company Eskom has been given an additional 59bn rand (£3.1bn) by the country’s government to help service its debt and stop power cuts.
23 Oct 19Somalia is progressing with economic reforms and hopes to have its debts wiped soon, the country’s finance minister 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.
13 Aug 19Public debt in Ireland rose to €206bn in 2018 - 104% of gross national income and among the largest of OECD member countries.
5 Aug 19Africa’s poorest countries made little progress on improving the frameworks necessary to promote poverty reduction and sustainable growth in 2018, the World Bank has found.
12 Jul 19The Inter-American Development Bank is to lend Ecuador $300m to help improve fiscal management in the Andean country, it has announced.
25 Jun 19Mongolia’s economy remains “extremely vulnerable” to external factors and it must strengthen its finances to achieve inclusive growth, it has been warned.
14 Jun 19A fund has been created to ensure that at least 320 million more Africans – nearly 60% of them women – have access to digital financial services.
3 May 19Kenya’s government is preparing to borrow further on international capital markets amid concerns about spiralling debts.
19 Dec 18India will help the Maldives boost economic and social development through a $1.4bn support package, prime minister Narendra Modi has announced.
30 Nov 18Some form of relief scheme is needed for smaller states that have suffered natural disasters to get debt down to a sustainable level, suggests Jubilee Debt Campaign’s Tim Jones.
