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20 Jan 23
To meet borrowing needs, the Egyptian government will have tough decisions to make following the approval of a $3bn International Monetary Fund loan.
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20 Dec 22
The International Monetary Fund has agreed to release $447m to the Kenyan government to help support the nation’s budget and continued progress on reforms.
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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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15 Dec 22
The European Parliament has given the green light to an €18bn loan package to Ukraine, after a veto forced the proposals to be revised.
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15 Dec 22
The Ghanian government has reached a provisional agreement on a $3bn loan package with the International Monetary Fund.
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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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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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4 Nov 22
Surging oil and natural gas revenues will help push Qatar’s budget into surplus this year and over the medium term, meaning a credit rating upgrade is increasingly likely, ratings agency Moody’s has...
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26 Oct 22
The new Australian government’s first budget has been set out to “unwind wasteful or unnecessary spending” to help reduce the country’s national debt, which stands at $1trn (£560bn).
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24 Oct 22
The energy crisis has hit progress by Nigeria on turning its finances around, according to a ratings agency.
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19 Oct 22
The Indian government’s large external reserves will help cushion the impacts of international financial shocks, economists at Fitch have said.
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18 Oct 22
The World Bank has placed all development loans made to Belarus through its subsidiary lender to a non-performing status because of overdue payments.
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17 Oct 22
The Tunisian government has received provisional approval for a $1.9bn loan from the International Monetary Fund aimed at financing reforms to improve social protection and government revenues.
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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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5 Oct 22
High inflation combined with increased debt servicing costs has increased the likelihood of a debt default and led to Moody’s downgrading Ghana’s credit rating.
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27 Sep 22
Governments should contemplate raising taxes on higher earners and businesses that have profited from the current energy crisis to support those in need, a senior economist has said.
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27 Sep 22
Central banks raising interest rates to slow inflation will pile more financial pressure on poorer economies and could restrict spending on healthcare, economists at the World Bank have warned.
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16 Sep 22
Higher public spending and the economic slowdown linked to voters rejecting constitutional reforms has fuelled a downgrade in Chile’s credit rating, Moody’s has said.
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6 Sep 22
Vietnam’s growing economic strength and commitment to contain borrowing costs are key factors to an increase in the nation’s credit, according to ratings agency Moody’s.
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6 Sep 22
The European Union must adopt “risk-based” fiscal rules and instruct member nations to strengthen financial institutions to reduce fiscal risks, economists at the International Monetary Fund have...
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2 Sep 22
The Irish government is set to record a larger budget surplus than initially forecast this year, due to a leap in tax income, the nation’s spending watchdog has said.
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12 Aug 22
The Central Bank of Argentina has implemented another sharp interest rate hike, to help reduce inflation that is rising at its fastest rate in decades.
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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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1 Aug 22
The French government’s medium-term financial strategy has underestimated inflation, overestimated GDP growth and contains “not very ambitious” deficit reduction plans, a spending watchdog has said...
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26 Jul 22
The Russian central bank has slashed interest rates by 1.5 percentage points because subdued customer demand has led to reduced inflation.