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Dabalen said World Bank has expressed concern about the growing proportion of revenues that African economies are spending in debt service and cites this as a “liquidity challenge”.
Debt levels in Sub-Saharan Africa are set to fall after a string of sovereign defaults, but new financing is still expensive and hard to come by, forcing spending cuts and endangering growth, the... -April 19, 2024 at 08:30 am EDT - MarketScreener
COLOMBO (News 1st); The Global Sovereign Debt Roundtable (GSDR) issued its second co-chairs progress report, highlighting significant advancements in - 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.