News

The move was the latest victory for Syria’s new government as it attempts to stabilize the nation after a long civil war and ...
In that case, Pope Francis’s successor, Leo XIV, will no doubt be ready to take up the call for widespread debt relief. But ...
Many Global South countries spend five times more on repaying debt than tackling climate change - governments meeting in ...
The challenges were highlighted when the Vatican-assembled group, known as the "Jubilee Commission", presented its draft plan for debt relief and affordable finance at the IMF and World Bank spring ...
The World Bank says that the $15.5 million Syria owed it has been paid off by Saudi Arabia and Qatar, enabling Damascus to ...
The World Bank said on Friday it had cleared Syria's $15.5 million in outstanding debt after receiving payments from Saudi ...
The concept of debt sustainability remains heavily influenced by the International Monetary Fund-World Bank Debt Sustainability ... have already shown that debt relief, deep reductions or ...
The semi-annual gatherings of the International Monetary Fund and World Bank Group are bustling affairs with high ... for poorer economies, debt relief. This year, rather than policy coordination on ...
In 2023 — according to the latest World Bank data — low- and lower-middle ... be growing behind a smarter approach to sovereign debt relief. And this presents an opportunity for a wider ...
More work is needed to improve the sovereign debt restructuring process and help countries facing mounting debt service challenges, the chairs of a global debt roundtable said on Wednesday, as they ...
WELLINGTON--The Solomon Islands will need to implement fiscal reforms such as alterations to its tax system and more efficient public spending or its debt levels ... the World Bank said in a ...