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Sri Lanka’s finance ministry responded sharply, describing the move as “hasty” and “erroneous”. Colombo has recently borrowed from its regional partners Delhi and Beijing to help…
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DOI: 10.1108/OXAN-DB257154
ISSN: 2633-304X
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However, China’s insistence on negotiating debt relief bilaterally and on a loan-by-loan basis will delay efforts to reschedule borrowing, jeopardising Angola’s debt…
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DOI: 10.1108/OXAN-DB257502
ISSN: 2633-304X
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The future of dollarisation in a context of low oil prices.
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DOI: 10.1108/OXAN-DB198254
ISSN: 2633-304X
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Budget analysis.
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DOI: 10.1108/OXAN-DB245802
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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Malaysia under Prime Minister Mahathir Mohamad.
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DOI: 10.1108/OXAN-DB236860
ISSN: 2633-304X
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President Edgar Lungu’s debt-laden administration has attempted to secure a 1.3-billion-dollar funding package for over a year. However, Fund concerns about a lack of transparency…
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DOI: 10.1108/OXAN-DB236182
ISSN: 2633-304X
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The government tabled its budget at the end of March, announcing major investments in skills development, innovation, the environment and infrastructure. The budget aims to…
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DOI: 10.1108/OXAN-DB220011
ISSN: 2633-304X
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Prime Minister Ranil Wickremesinghe, only appointed in May, has also said he will quit. Wickremesinghe has played a key role in talks with the IMF over a desperately needed…
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DOI: 10.1108/OXAN-DB271412
ISSN: 2633-304X
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The government’s commitment to fiscal consolidation is aimed at pleasing the IMF, with which Sri Lanka recently reached a staff-level agreement on a four-year, USD2.9bn bailout…