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26 Mar 24
Zambia has moved a step closer to exiting its years-long default after agreeing a restructure deal covering billions of dollars of debt with a group of its private bondholders.
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6 Feb 24
Developing countries will be unable to raise the $3trn a year necessary to meet climate change and Sustainable Development Goals without a significant reduction in debt costs, researchers have warned...
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22 Jan 24
Ghana will receive $600m (£470m) of concessional loan support from the International Monetary Fund after the nation reached a preliminary agreement to restructure billions of dollars of debt.
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16 Jan 24
A preliminary deal to restructure Ghana's bilateral debt could unlock almost $1.2bn of concessional finance to invest in “critical” public infrastructure, the nation’s Ministry of Finance has said.
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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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21 Nov 23
Zambia’s official creditors have objected to a deal the government made with private bondholders to restructure $3bn of eurobond debt.
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6 Dec 22
The world’s poorest countries are spending more on servicing debt than at any point since 2000, leaving them with fewer resources to spend on development and growth, new figures show.
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8 Sep 22
The Zambian government has requested to have billions of dollars of debt payments in the next few years relieved as it implements reforms aimed at making its economy and public finances more...
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2 Aug 22
A group of Zambia’s major official creditors has announced its intention to restructure the country’s debts through a G20 initiative set up amid the disruption of Covid-19.
26 Mar 24Zambia has moved a step closer to exiting its years-long default after agreeing a restructure deal covering billions of dollars of debt with a group of its private bondholders.
6 Feb 24Developing countries will be unable to raise the $3trn a year necessary to meet climate change and Sustainable Development Goals without a significant reduction in debt costs, researchers have warned...
22 Jan 24Ghana will receive $600m (£470m) of concessional loan support from the International Monetary Fund after the nation reached a preliminary agreement to restructure billions of dollars of debt.
1 Dec 23An agreement in principle to restructure almost $6bn of outstanding debt is a milestone for Sri Lanka, according to a treasury minister.
6 Dec 22The world’s poorest countries are spending more on servicing debt than at any point since 2000, leaving them with fewer resources to spend on development and growth, new figures show.
