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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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9 Jan 24
First stage of sign-off reduces threat of shut-down
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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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4 Jan 24
Reliefs to mitigate the cost-of-living crisis will only be implemented if they do not stoke inflation, prime minister Anthony Albanese has said.
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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
Surging interest rates pushed the cost of servicing many of the poorest countries’ debts last year to a record $443.5bn, World Bank figures have shown.
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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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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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6 Dec 23
OECD inflation drops to two-year low.
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5 Dec 23
Local government and state-own services creating biggest risks, says ratings agency.
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5 Dec 23
Investment programme to ‘prevent millions’ of climate-related deaths.
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4 Dec 23
Conflict will add to economic pressures as well as political instability.
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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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29 Nov 23
Political leaders must commit to reform to aid economic recovery, says official
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28 Nov 23
Pandemic costs ruling leads to €45bn in extra spending.
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28 Nov 23
Business as usual not an option, says World Bank.
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24 Nov 23
Court ruling forces rethink on official accounts.
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24 Nov 23
Decision ramps up global response to evasion.
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23 Nov 23
The European Commission has agreed to an advance payment of €5bn from Poland’s Covid-19 recovery plan, but future funding depends on rule-of-law reforms.
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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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20 Nov 23
Economy is strong with forecast GDP growth of 2% a year.
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20 Nov 23
Partnerships with countries not ‘closed shop’ says FCDO.
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17 Nov 23
Germany cannot use €60bn carried over from previous years to fund clean energy and industrial projects, following a ruling by the country’s constitutional court.