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More developing countries will face debt distress

Location:

INTERNATIONAL

EMDC debt distress.

IMF unlikely to resolve Zambia's debt conundrum

Location:

ZAMBIA

While the G20's new Common Framework for Debt Treatments provides a new mechanism for debt restructuring, it also requires Zambia to convince the IMF that it has disclosed all of…

Revenue diversification would reduce African debt

Location:

AFRICA

African debt burdens

Laos is at growing risk of sovereign debt default

Location:

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…

Egypt's external debt looms large

Location:

EGYPT

Meanwhile, the government is struggling with significant accumulated debt, including USD11.8bn that is scheduled to be repaid to the IMF over the next two years alone. The IMF…

Ghana's repayment moratorium may complicate debt talks

Location:

GHANA

The decision applies to Ghana’s Eurobonds, commercial term loans and most of its bilateral debt. It does not apply to multilateral debt. The government, which reached a…

Angola's renewed China dependence will bring more pain

Location:

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…

Jordan’s debt levels are sustainable for the present

Location:

JORDAN

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…

Ecuador’s reliance on China and the IMF will increase

Location:

ECUADOR

The restructuring creates more fiscal space for President Guillermo Lasso as he attempts to bolster popular support, fend off political opposition and drive through liberal…

Zambia debt crisis faces imminent tipping point

Location:

ZAMBIA

President Edgar Lungu and his Patriotic Front (PF) government are increasingly struggling to mobilise resources to meet repayments amid continued high public spending. Meanwhile…