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5 Mar 24
Adopting reforms to reduce Iraq’s reliance on oil revenue and improving financial management will be key to prevent debt rising, the International Monetary Fund has said.
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27 Feb 24
Low debt and a resilient economy have contributed to Sweden keeping its AAA credit rating from Moody’s, despite 2024 being tipped to see GDP decline for a second consecutive year.
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13 Feb 24
Cutting expensive fuel subsidies and efforts to reform its tax system show the Nigerian government is starting to tackle the economy's “deep-rooted” structural issues, the International Monetary Fund...
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19 Jan 24
A sharp increase in borrowing costs will continue to weaken Egypt’s public finances and contributed to ratings agency Moody’s lowering its credit outlook.
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9 Jan 24
Six advanced economies have confirmed a three-year suspension of debt servicing costs to Ukraine and urged other creditors to follow suit.
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9 Jan 24
Higher borrowing costs and slower economic growth will likely see the Hungarian government fail to reduce its debt this year under current plans, the nation’s fiscal council has warned.
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3 Jan 24
Higher military spending will require Israel to make around £6.5bn of cuts over the next two years to prevent a debt spike and maintain market confidence, the nation’s central bank chief has said.
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15 Dec 23
A track record of sound economic management and measures to help reduce poverty in Somalia have prompted the International Monetary Fund and World Bank to approve $4.5bn of debt relief.
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8 Dec 23
Continued growth in oil revenues could help maintain Oman’s budget surplus and bring down debt, and has contributed to a credit rating upgrade by Moody’s.
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5 Dec 23
Local government and state-own services creating biggest risks, says ratings agency.
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1 Dec 23
An agreement in principle to restructure almost $6bn of outstanding debt is a milestone for Sri Lanka, according to a treasury minister.
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20 Nov 23
Economy is strong with forecast GDP growth of 2% a year.
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6 Oct 23
Continued use of foreign reserves and rising borrowing costs have led to Egypt’s credit rating being downgraded by ratings agency Moody’s.
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2 Oct 23
Forecast budget surpluses and a steady decrease in government debt were key contributors to an upgrade in Cyprus’s credit rating, Moody’s has said while announcing the change.
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18 Sep 23
The global debt ratio will grow again despite recently falling from its pandemic high, economists at the International Monetary Fund have said.
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1 Aug 23
The controversial removal of an expensive fuel subsidy has saved the Nigerian government more than 1trn naira that will fund new social spending including expanding education, president Bola Tinubu...
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28 Jul 23
Ratings agency acts after defence spending increase
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24 Jul 23
A devaluation and new taxes are coming to help balance the books, IMF told.
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24 Jul 23
Post-election limbo is only the beginning
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17 Jul 23
Fast progress on reducing Iceland’s budget deficit will help to rebuild fiscal buffers faster than expected and points to growing resilience in the government’s finances, ratings agency Moody’s has...
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14 Jul 23
The Egyptian government has agreed to sell almost $2bn of state assets to meet the conditions of an IMF bailout.
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11 Jul 23
Reserves to be bolstered by controversial deal
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22 May 23
The Ukraine war is set to push up global borrowing despite more expensive costs, the OECD has said.
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18 May 23
Fund green lights $3bn loan programme to expedite fiscal reforms.
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16 May 23
Zimbabwe is under fresh pressure to overhaul its governance structures.
5 Mar 24Adopting reforms to reduce Iraq’s reliance on oil revenue and improving financial management will be key to prevent debt rising, the International Monetary Fund has said.
27 Feb 24Low debt and a resilient economy have contributed to Sweden keeping its AAA credit rating from Moody’s, despite 2024 being tipped to see GDP decline for a second consecutive year.
13 Feb 24Cutting expensive fuel subsidies and efforts to reform its tax system show the Nigerian government is starting to tackle the economy's “deep-rooted” structural issues, the International Monetary Fund...
19 Jan 24A sharp increase in borrowing costs will continue to weaken Egypt’s public finances and contributed to ratings agency Moody’s lowering its credit outlook.
9 Jan 24Six advanced economies have confirmed a three-year suspension of debt servicing costs to Ukraine and urged other creditors to follow suit.
9 Jan 24Higher borrowing costs and slower economic growth will likely see the Hungarian government fail to reduce its debt this year under current plans, the nation’s fiscal council has warned.
3 Jan 24Higher military spending will require Israel to make around £6.5bn of cuts over the next two years to prevent a debt spike and maintain market confidence, the nation’s central bank chief has said.
15 Dec 23A track record of sound economic management and measures to help reduce poverty in Somalia have prompted the International Monetary Fund and World Bank to approve $4.5bn of debt relief.
8 Dec 23Continued growth in oil revenues could help maintain Oman’s budget surplus and bring down debt, and has contributed to a credit rating upgrade by Moody’s.
5 Dec 23Local government and state-own services creating biggest risks, says ratings agency.
1 Dec 23An agreement in principle to restructure almost $6bn of outstanding debt is a milestone for Sri Lanka, according to a treasury minister.
20 Nov 23Economy is strong with forecast GDP growth of 2% a year.
2 Oct 23Forecast budget surpluses and a steady decrease in government debt were key contributors to an upgrade in Cyprus’s credit rating, Moody’s has said while announcing the change.
18 Sep 23The global debt ratio will grow again despite recently falling from its pandemic high, economists at the International Monetary Fund have said.
1 Aug 23The controversial removal of an expensive fuel subsidy has saved the Nigerian government more than 1trn naira that will fund new social spending including expanding education, president Bola Tinubu...
28 Jul 23Ratings agency acts after defence spending increase
24 Jul 23A devaluation and new taxes are coming to help balance the books, IMF told.
24 Jul 23Post-election limbo is only the beginning
17 Jul 23Fast progress on reducing Iceland’s budget deficit will help to rebuild fiscal buffers faster than expected and points to growing resilience in the government’s finances, ratings agency Moody’s has...
11 Jul 23Reserves to be bolstered by controversial deal
22 May 23The Ukraine war is set to push up global borrowing despite more expensive costs, the OECD has said.
18 May 23Fund green lights $3bn loan programme to expedite fiscal reforms.
16 May 23Zimbabwe is under fresh pressure to overhaul its governance structures.
