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October 25, 2023
It said minus a Common Framework restructuring, public sector debt would decline to 95% of GDP in 2024 and 94% in 2025. This is amid continued fiscal consolidation and a stabilization of the cedi.
October 25, 2023
The UK-based firm said the median duration of Fitch-rated sovereign defaults has been 107 days since 2020, compared with 35 days for all defaults since 2000.
October 24, 2023
The leaders of South Korea and Saudi Arabia have called for “a political solution” to prevent the conflict between Israel and Palestine’s militant group Hamas from spreading furthe...
October 24, 2023
(Reuters) - A senior U.S. Treasury official said there were signs of "potential improvement" in sovereign debt restructuring cases and more - Get the latest breaking news and top stories from Sri Lanka, the latest political news, sports news, weather updates, exam results, business news, entertainment news, world news and much more from News 1st, Sri Lanka's leading news network.
October 23, 2023
A senior U.S. Treasury official on Monday said there were signs of potential improvement in sovereign debt restructuring cases and more vulnerable countries were expected to seek help, but... -October 23, 2023 at 11:01 am EDT - MarketScreener
October 23, 2023
A senior U.S. Treasury official on Monday said there were signs of "potential improvement" in sovereign debt restructuring cases and more vulnerable countries were expected to seek help, but further work was needed to accelerate the process. Treasury Assistant Secretary for International Finance Brent Neiman noted advances in the cases of Zambia, Ghana and Sri Lanka over the past year, along with development of new technical approaches, adding his hope that Ghana would reach agreemen...
October 22, 2023
Our president, Hage Geingob, has repeatedly complained about the classification of Namibia as an upper middle income country by the Bretton Woods institutions.
October 20, 2023
Decades of neoliberal assault of advocating greater market fundamentalism, and lesser government regulation produced...
October 17, 2023
The real test after the meetings will be how to identify sources of concessional financing for middle-income countries while still delivering on IDA. Donors have leaned heavily on capital adequacy reforms and private sector mobilization as sources of finance, but there is no escaping the fact that they will need to open their pocketbooks in the very near future.
October 17, 2023
The International Monetary Fund (IMF) and World Bank are working together to accelerate debt restructuring for Ghana and other countries under the Group of Twenty (G20) Common Framework.