A grand effort led by the Wolfensohn-run World Bank that involved debt cancellation—and advocacy by rock-star Bono—did little ...

Surcharges neither ensure repayment nor protect IMF finances. Their main effect is to increase the burden of debt payments ...

Economic consequences of high debt can no longer be dismissed in advanced economies, says IMF's first deputy managing ...

An economist at the University of Ghana, Godfred Bokpin, has expressed concern about Ghana’s financial crisis, noting that ...

PMD circulates views of Murtaza Jafferjee and Prof. Sirimal Abeyratne Sri Lanka’s announcement of reaching agreements in ...

Sri Lanka’s 17 million voters head to the polls Saturday to elect a president two years after an economic meltdown and a ...

"Pakistan's external debt repayments for four years are $100 billion", said Ali Pervaiz Malik, the Minister of State for ...

Finance Minister Ali Pervez Malik said that Pakistan must meet all IMF conditions to secure the next loan tranche ...

Sri Lanka began counting votes in a crucial presidential election that’s likely to determine the fate of the crisis-hit ...

The $100 billion external debt repayments from 2024 to 2027 are exclusive of any payments on account of the liabilities ...

The International Monetary Fund is focusing on a set of options to ease the additional debt burden it imposes on nations looking to escape financial distress, as it seeks to address complaints that ...

The IMF and World Bank staff said mitigating debt risks requires sound macroeconomic management and strong/steadfast policy ...