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1 – 10 of 41Addis Ababa must reach an agreement with the IMF to honour its commitments under its debt-service suspension agreement with official creditors. Thereafter, further talks will be…
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DOI: 10.1108/OXAN-DB286657
ISSN: 2633-304X
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The elections, resulting in a fractured mandate and marred by allegations of rigging, have increased polarisation. Separately, Pakistan’s nine-month, roughly USD3bn Stand-By…
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DOI: 10.1108/OXAN-DB285381
ISSN: 2633-304X
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Although a 14-day grace period to make the payment or agree a payment suspension has yet to expire, there is now a high risk that a default is imminent.
The bailout’s second tranche cannot be released until the review is complete. Separately, the government is battling accusations that it is protecting individuals who helped…
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DOI: 10.1108/OXAN-DB282414
ISSN: 2633-304X
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According to a debt sustainability analysis published by the IMF in May, Laos is in debt distress. Years of rapid growth in borrowing to fund infrastructure development…
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DOI: 10.1108/OXAN-DB280381
ISSN: 2633-304X
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Sri Lanka must attend to debt restructuring as part of its four-year, USD3bn bailout programme with the Fund. The Fund’s Executive Board approved the bailout in March, roughly ten…
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DOI: 10.1108/OXAN-DB279489
ISSN: 2633-304X
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The staff-level agreement on the package was announced on June 29, the day before an Extended Fund Facility (EFF) arrangement which Pakistan had with the IMF expired with around…
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DOI: 10.1108/OXAN-DB280730
ISSN: 2633-304X
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The downgrade reflects the expected realisation this year of the delayed global economic slowdown. The resulting debt overhang in the region has depleted the space for fiscal…
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DOI: 10.1108/OXAN-DB280137
ISSN: 2633-304X
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This translates into soaring prices for essential goods with dire implications for the estimated 43% of the population living in extreme poverty. Contributing to the situation is…
SRI LANKA: Latest restructuring move comes with risk