Africa’s debt is primarily external, with the region's external debt reaching US$1.2 trillion by 2023, making up nearly 60% ...

BANGKOK, Thailand, Jan 9 2025 (IPS) - The debt disaster is back. Indeed, the aid agency Cafod reports that developing countries today face “the most acute debt crisis in history”. At least 54 ...

A particular metric that often, if not always comes up in the Bank of Korea’s monetary policy decision is a consideration of ...

We believe the new U.S. administration will adopt a more gradual and pragmatic trade agenda, aiming to avoid creating higher ...

African countries are grappling with mounting debts ... free from interference from other state-actors. Taking on IMF debt brings with it strict conditions, including subsidy cuts, currency ...

Saudi Arabia, and Brazil offloaded their shares of US Treasuries to acquire immediate capital. Countries resumed buying debt by the end of 2020, but the levels have not reached previous highs.

"For many developing countries, climate finance is now increasingly tied to debt," Sherry Rehman, a senator and former climate change minister of Pakistan, told the Thomson Reuters Foundation.

Starting more than two decades ago, the World Bank, in partnership with the International Monetary Fund (IMF) and the international community, has worked with developing countries to reduce their debt ...

Discover strategies to bridge the $2.4trn climate finance gap for vulnerable nations by 2030, highlighting new leverage ...

Charities including Cafod, Sciaf and Christian Aid lobbied for international debt relief outside the UK Treasury in London on ...

External debt remains a pressing issue for African economies, affecting financial stability and essential service funding.