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However, rather than reject Lusaka's proposal, a group of creditors abstained from the vote, forcing an adjournment until November 13. That date coincides with the end of Zambia’s…
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DOI: 10.1108/OXAN-DB257055
ISSN: 2633-304X
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Ukraine's debt.
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DOI: 10.1108/OXAN-DB206413
ISSN: 2633-304X
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Addis 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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Separately, it says it has now also opened talks with private bondholders to try to reach a similar understanding over USD3bn in dollar-denominated bonds.
The Bank of Ghana (BoG) has bought up unprecedented levels of treasury bonds but now wants to scale back its role. Finance Minister Ken Ofori-Atta is looking to international…
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DOI: 10.1108/OXAN-DB259784
ISSN: 2633-304X
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The economy is weak and needs financial support. Debt restructuring is part of Ukraine's new IMF extended fund facility (EFF) programme, which itself should unlock a larger rescue…
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DOI: 10.1108/OXAN-DB198607
ISSN: 2633-304X
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African debt restructuring.
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DOI: 10.1108/OXAN-DB246498
ISSN: 2633-304X
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Both are desperately needed, as G20 debt service relief will soon expire, and as the conflict in northern Ethiopia increasingly strains the economy and the government’s finances.
The tranche will meet debt repayments falling due until end-2016. The prospect has been held out of debt restructuring if programme commitments are fulfilled. The IMF, which has…
According to the constitution, the poll must take place in September-October. The JVP was formed as a Marxist-Leninist party. Recent opinion polling suggests Dissanayake would be…