While many African countries struggle with high debt burdens to the International Monetary Fund (IMF), some countries have ...

Across the 38-member organisation, interest payments on government debt are swallowing an ever-greater portion of government ...

Over croissants and orange juice, he pledged that his country would cut spending and collect more in taxes to make the crushing debt payments owed to foreign investors. For Edun, a former ...

Governments in rich countries are set to issue a record $17 trillion in bonds this year as the higher cost of refinancing existing debts continues to push their interest bills higher, the ...

This is their climate debt. Repaying the climate debt would enable African countries to pursue a just and sustainable transition to renewable energy, and to adapt their cities to heat waves ...

Government debt, on average, now stands at 72 percent of GDP, an 18-year high. Nearly half of these low-income countries (LICs)—twice the number in 2015—are either in debt distress or at high risk of ...

Interest payments on debt exceeded 10% of government revenue in 56 developing nations - almost twice the number of countries compared to a decade ago, according to the UNDP report published as G20 ...

Significant debt loads to the International Monetary Fund (IMF) have characterized the financial reality of several African ...