Tag: debt

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Public debt in Middle East and North Africa a ‘concern,’ fiscal action needed, IMF says

The head of the International Monetary Fund said on Sunday that public debt in some Middle East and North Africa (MENA) states is of...

Davos 2023: World Bank: Zambia needs ‘desperate’ debt relief under challenging Common Framework

Zambia needs "desperate debt relief" and agreements under a Group of 20 restructuring vehicle are proving difficult, the World Bank's managing director of operations...

European borrowers start year with record 170 bln euro debt sale spree

European debt sales have had their fastest start to the year on record as governments and financial institutions take advantage of borrowing costs falling...

Bankers bet billions on new wave of debt-for-nature deals

The Galapagos Islands, whose thousands of unique species inspired Darwin's theory of evolution, have incalculable ecological value. But what are they worth? Perhaps around $800...

Germany to take on 45.6 billion euros in new debt in 2023

Germany will comply with its constitutional debt brake next year for the first time since 2019, even as it takes on significantly more new...

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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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