Tag: debt

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Developing countries owe China at least $1.1 trillion – and the debts are due

Developing countries owe Chinese lenders at least $1.1 trillion, according to a new data analysis published Monday, which says more than half of the...

Debt squeeze leaves sub-Saharan Africa’s governments in fiscal bind

 The International Monetary Fund (IMF) urged sub-Saharan African policymakers last week to cut costly fuel subsidies and raise more in taxes, measures that may...

Foreigners pull $13.8 bln from emerging market portfolios in September -IIF

Non-residents pulled $13.8 billion from their emerging market portfolios in September as the prospect of higher interest rates in the developed world for a...

Developing countries facing a debt crunch

High interest rates, growing investor risk aversion and borrowing that ballooned in recent years have left a range of developing economies mired in debt...

Developing countries in the grip of debt problems

The persistent and damaging debt problems gripping a number of developing world nations will be a core topic during the G20 summit in Delhi...

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World Bank’s Banga says more bilateral debt forgiveness needed

World Bank President Ajay Banga said on Thursday (17...

Ghana, creditor panel agree on debt restructuring, paving way for IMF cash

Ghana has finalised a pact with its official creditor...

Nigeria strikes deal with Shell to supply $3.8 billion methanol project

Nigeria has struck a deal for Shell (SHEL.L), opens new...

Africa’s $824 billion debt burden and opaque resource-backed loans hinder its potential, AfDB president warns

Africa's immense economic potential is being undermined by non-transparent...

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