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Ethiopia’s debt plans may spare private creditors

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ETHIOPIA

The announcement provoked panic among some bondholders but their concerns appear unfounded given Ethiopia's overall debt sustainability and the government's ability to engage with…

G20 framework promises to ease Africa’s debt woes

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AFRICA

Chinese creditors now look set to waive debt payments due between May 2020 and June 2021, when the G20's Debt Service Suspension Initiative (DSSI) currently expires, although…

Sri Lanka will try to manage debt without IMF help

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SRI LANKA

The government nevertheless remains under pressure from domestic critics and external stakeholders because of dwindling foreign exchange (forex) reserves and a growing debt…

Politicking could bring yet another Greek election

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GREECE

The left-right coalition that governed in January-August has been reconstituted with a reduced parliamentary majority. It is ostensibly committed to the reform programme…

New railway’s early days give Laos cause for optimism

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LAOS

While concerns remain that the project will worsen its external debt position, demand to use the line is strong, even though there are currently no onward services for passengers…

Debt woes will push Laos even closer to China

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LAOS

It is relying on China -- a fellow one party, Marxist-Leninist state -- to help ease its woes. Meanwhile, the ruling Lao People’s Revolutionary Party (LPRP) is preparing for its…

COVID-19 crisis will test Ghanaian fiscal discipline

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GHANA

Ghanaian economic shocks.

Beirut will need IMF support, despite political costs

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LEBANON

This followed the government’s decision to default, for the first time ever, on bonds maturing on March 9. There is a mounting controversy over whether to seek financial support…

Nigerian political dynamics may foil economic rebound

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NIGERIA

Nigeria's fragile recovery

Reform progress will buoy Somalia’s economic outlook

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SOMALIA

Since then, Somalia has launched important economic reforms in a difficult environment characterised by drought and the side-effects of the war in Ukraine. As a new draft budget…