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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…

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…

All sides set conditions for Greek debt breakthrough

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GREECE

The IMF insists that Greece’s debt must be made sustainable before it will again participate in programme financing. Yet IMF participation is required if the bailout plan is to…

EU fiscal reforms will reinforce regional divergence

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EU

Though parameters have changed and national starting positions are recognised more, the reforms are not extensive. Debt and deficit targets remain. Indebted countries, principally…

Sri Lanka will count on IMF help and debt rescheduling

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SRI LANKA

Impact of COVID-19 on Sri Lanka's debt situation.

Somalia’s debt relief process creates political risks

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SOMALIA

The government has made significant progress in enacting critical reforms and legislation to support the management of public finances, but serious questions over their…

Mozambican debt fallout will persist over Kroll report

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MOZAMBIQUE

Risk firm Kroll was looking into undisclosed state loans worth 2 billion dollars, but it said that the Mozambican government did not collaborate fully with the firm's…

Mopani deal will exacerbate Zambia's debt crisis

Location:

ZAMBIA

This boosts President Edgar Lungu's re-election prospects in August, but ZCCM-IH will struggle to find a 'strategic partner' to replace Glencore. Mounting public debt will…

Mozambican debt deal will bring only short-term gains

Location:

MOZAMBIQUE

Mozambique debt restructuring.

Kenya’s IMF programme will help close financing gap

Location:

KENYA

Facing a worsening fiscal situation amid the COVID-19 pandemic but reluctant to participate in G20 debt restructuring, Kenya arguably had few other options than to apply for new…