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Separately, it says it has now also opened talks with private bondholders to try to reach a similar understanding over USD3bn in dollar-denominated bonds.
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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This follows IMF Executive Board approval, on May 17, of a 36-month USD3bn Extended Credit Facility (ECF) aimed at addressing the country’s debt crisis. This was followed…
Though parameters have changed and national starting positions are recognised more, the reforms are not extensive. Debt and deficit targets remain. Indebted countries, principally…
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DOI: 10.1108/OXAN-DB285114
ISSN: 2633-304X
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GHANA: Debt talk failure will postpone final deal
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DOI: 10.1108/OXAN-ES286464
ISSN: 2633-304X
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Addis Ababa must reach an agreement with the IMF to honour its commitments under its debt-service suspension agreement with official creditors. Thereafter, further talks will be…
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DOI: 10.1108/OXAN-DB286657
ISSN: 2633-304X
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ETHIOPIA: Debt suspension will offer some relief
ZAMBIA: Debt dispute undermines restructuring hopes
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DOI: 10.1108/OXAN-ES283505
ISSN: 2633-304X
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ZAMBIA: Lusaka will hope for speedy debt deal
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DOI: 10.1108/OXAN-ES282529
ISSN: 2633-304X
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ZAMBIA: Debt deal represents a major step forward