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The outlook for provincial debt.
This provides a 25-year debt servicing schedule, but leaves suppliers with unpaid public service contracts as the main losers. Puerto Rico’s finances will be under renewed…
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DOI: 10.1108/OXAN-DB260767
ISSN: 2633-304X
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Chalmers is already investing much of the surplus in cost-of-living relief for households struggling with high prices and rising interest rates, as well as funding for community…
Given his low popularity, Bolsonaro adopted a series of measures to mitigate the effects of accelerating inflation, economic slowdown and increasing poverty. The objectives are…
By prioritising debt repayments over salary payments (and refraining from short-term borrowing to pay salaries), the government is signalling its commitment to servicing debts…
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DOI: 10.1108/OXAN-DB278562
ISSN: 2633-304X
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African debt burdens
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DOI: 10.1108/OXAN-DB227959
ISSN: 2633-304X
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Sonangol priorities.
The budget envisages an overall deficit of 7% of GDP, revised upwards from an earlier draft because of the effects of devaluation and higher interest rates on public debt…
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DOI: 10.1108/OXAN-DB279201
ISSN: 2633-304X
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Despite a series of IMF programmes since 1989, public sector debt levels have climbed to worrying heights, driven by deficits on both fiscal and current account accounts. Jordan’s…
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DOI: 10.1108/OXAN-DB270291
ISSN: 2633-304X
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The agreement will last for 48 months and includes an immediate disbursement of USD1bn. It will provide much-needed, short-term fiscal relief for the government and increase…