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16 Nov 22
Members of the G20 have called on all lenders to assist low and middle-income nations facing a deteriorating debt position.
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22 Aug 22
The International Monetary Fund has said it will need “adequate assurances” from Sri Lanka’s creditors, before it agrees a new deal with the nation, amid an economic crisis.
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10 Jun 22
Rising interest rates aimed at combating runaway global inflation are putting some governments, including in middle-income countries, at risk of debt distress, the World Bank has warned.
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16 May 22
Raising tax revenue has been named as the “top priority” for Laos, whose high debt and poor tax collection have left it struggling to deal with the economic crisis caused by Covid-19 and Russia’s...
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12 Oct 21
Debt problems faced by poorer countries require a “comprehensive” solution, the World Bank chief has said after publishing his organisation's latest review of debt statistics.