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Nepal is unlikely to face a severe economic crisis

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NEPAL

Some observers fear Nepal could soon end up in a full-blown economic crisis such as that now affecting Sri Lanka, which recently suspended external debt servicing. Kathmandu, like…

Ukraine and Belarus seek loans to ride out COVID-19

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BELARUS/UKRAINE

Both governments hope to benefit from IMF and EU emergency funding through the COVID-19 crisis. In addition, Ukraine is still working on persuading the IMF that it deserves a…

Angola's renewed China dependence will bring more pain

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ANGOLA

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…

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…

Laos is at growing risk of sovereign debt default

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LAOS

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…

Sri Lanka’s economic crisis is far from resolution

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SRI LANKA

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…

Laos economy troubled but not at breaking point

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LAOS

Laos’s critically low foreign exchange (forex) reserves, significant currency depreciation and high inflation are prompting many external observers to suggest that it could soon…

Austerity will bring political challenges in Sri Lanka

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SRI LANKA

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…

IMF bailout would force Pakistan’s Khan to compromise

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PAKISTAN

Pakistan's likely need for an IMF bailout.

Prospects for global infrastructure in 2016

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PROSPECTS 2016

Prospects for global infrastructure in 2016.