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22 Feb 24
Opening accession talks represents a “historic” moment for Indonesia, the OECD said as the country seeks to become an advanced economy by 2045.
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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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12 Jan 24
The new Argentinian government’s promise to deliver economic reforms has led the International Monetary Fund to move towards releasing $4.7bn of concessional finance.
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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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12 Dec 23
Concessional finance will support Togo’s public spending and help maintain progress on economic reforms to increase government revenues, the International Monetary Fund 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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20 Nov 23
Economy is strong with forecast GDP growth of 2% a year.
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7 Nov 23
Tax and spending reforms that led to a “sustained decline” in government debt were named as major factors in Costa Rica’s credit rating upgrade, ratings agency Moody’s has said.
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27 Oct 23
A preliminary agreement to restructure more than $3bn of Zambian government debt will pave the way for future agreements and release more funding to aid developments, the nation’s finance minister...
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18 Oct 23
The European Union has affirmed its ambition to increase climate finance for developing nations ahead of the United Nations’ annual summit.
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10 Oct 23
Progress on the majority of reforms linked to a $3bn financing agreement should see the IMF release the second tranche of funding, analysts have said.
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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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11 Aug 23
Rising service demand and the cost of supporting asylum seekers could leave New York City with a cumulative budget deficit of almost $40bn by 2027, the state spending watchdog has said.
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17 May 23
Campaigners have called on the World Bank to delay payment of an $800m loan.
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12 May 23
The Pakistani government will not be able to adopt the reforms it needs to recover from a series of financial crises without additional support, the International Monetary Fund has said.
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24 Apr 23
The United Nations has set out a roadmap for ensuring developing countries have access to the finance they need to deal with the impacts of climate change and make progress on their development.
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18 Apr 23
Windfall tax gains from inflation and savings from lower energy prices might allow European countries to cut their deficits and should not necessarily fund new spending, despite many people...
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27 Feb 23
An unusually strong US dollar combined with rising interest rates and high spending needs mean there is “no sign” of lower-income country debt recovering from its rapid rise since the onset of Covid-...
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24 Jan 23
The Ghanaian government’s auditor general has criticised how departments spent, and managed billions of cedi allocated to fund the Covid-19 response.
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17 Jan 23
The US Congress not raising the country’s debt ceiling could lead to “irreparable harm” to the US and the world economy if the government ended up defaulting, Treasury secretary Janet Yellen said.
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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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14 Oct 22
A watchdog has found the amount of money spent not in accordance with European Union rules rose again last year, leading to it issuing an adverse opinion in its annual report.
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27 Sep 22
The Swiss government has lost a referendum over abolishing taxes paid by companies on domestic bonds and share sales, aimed at promoting investment in the nation.
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5 Sep 22
The Sri Lankan government has reached a preliminary agreement on a $2.9bn bailout with the International Monetary Fund, amid a financial crisis
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31 Aug 22
The Sri Lankan government has outlined plans to increase taxes as discussions over an International Monetary Fund bailout reach the “final stage”.
22 Feb 24Opening accession talks represents a “historic” moment for Indonesia, the OECD said as the country seeks to become an advanced economy by 2045.
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.
12 Jan 24The new Argentinian government’s promise to deliver economic reforms has led the International Monetary Fund to move towards releasing $4.7bn of concessional finance.
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.
12 Dec 23Concessional finance will support Togo’s public spending and help maintain progress on economic reforms to increase government revenues, the International Monetary Fund has said.
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.
7 Nov 23Tax and spending reforms that led to a “sustained decline” in government debt were named as major factors in Costa Rica’s credit rating upgrade, ratings agency Moody’s has said.
27 Oct 23A preliminary agreement to restructure more than $3bn of Zambian government debt will pave the way for future agreements and release more funding to aid developments, the nation’s finance minister...
18 Oct 23The European Union has affirmed its ambition to increase climate finance for developing nations ahead of the United Nations’ annual summit.
10 Oct 23Progress on the majority of reforms linked to a $3bn financing agreement should see the IMF release the second tranche of funding, analysts have said.
6 Oct 23Continued use of foreign reserves and rising borrowing costs have led to Egypt’s credit rating being downgraded by ratings agency Moody’s.
11 Aug 23Rising service demand and the cost of supporting asylum seekers could leave New York City with a cumulative budget deficit of almost $40bn by 2027, the state spending watchdog has said.
17 May 23Campaigners have called on the World Bank to delay payment of an $800m loan.
24 Apr 23The United Nations has set out a roadmap for ensuring developing countries have access to the finance they need to deal with the impacts of climate change and make progress on their development.
18 Apr 23Windfall tax gains from inflation and savings from lower energy prices might allow European countries to cut their deficits and should not necessarily fund new spending, despite many people...
27 Feb 23An unusually strong US dollar combined with rising interest rates and high spending needs mean there is “no sign” of lower-income country debt recovering from its rapid rise since the onset of Covid-...
17 Jan 23The US Congress not raising the country’s debt ceiling could lead to “irreparable harm” to the US and the world economy if the government ended up defaulting, Treasury secretary Janet Yellen said.
19 Dec 22The Ghanaian government has suspended payments on all bonds, commercial loans and bilateral debt, as the nation seeks to restructure its debts.
14 Oct 22A watchdog has found the amount of money spent not in accordance with European Union rules rose again last year, leading to it issuing an adverse opinion in its annual report.
27 Sep 22The Swiss government has lost a referendum over abolishing taxes paid by companies on domestic bonds and share sales, aimed at promoting investment in the nation.
5 Sep 22The Sri Lankan government has reached a preliminary agreement on a $2.9bn bailout with the International Monetary Fund, amid a financial crisis
