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Somalia expected to receive major debt relief this week
Reuters via Yahoo Finance· 5 months agoSomalia is expected to get major debt relief this week, slashing its debt-to-GDP ratio to less than 6% in a historic move that would allow it to rejoin the international financial system after ...
30 Heavily Indebted Poor Countries
Insider Monkey via Yahoo Finance· 7 months agoIn this article, we will list poor countries with substantial debt, and discuss the role of foreign corporations in allievating poverty in these...
IMF says poor countries need nearly $500 billion in external financing through 2026
Reuters via Yahoo Finance· 1 year agoLow-income countries will need nearly $500 billion in external financing during the 2022-2026...
IMF reaches staff agreement with Somalia, eyes debt forgiveness in late 2023
Reuters via Yahoo News· 2 years agoInternational Monetary Fund staff on Monday reached a staff-level agreement with Somalia that will...
African Sovereigns: Deeper, Co-ordinated Debt Relief Needed to Strengthen Credit Profiles
FX Empire via Yahoo Finance· 10 months agoDistressed African countries risk having weaker credit profiles for longer unless there are better...
15 Countries With Highest Interest Rates
Insider Monkey via Yahoo Finance· 1 year agoIn this piece, we will take a look at the 15 countries with the highest inflation rates. For more countries, head on over to 5 Countries With Highest...
Somalia secures 99% debt cancellation from Paris Club creditor nations
Reuters via Yahoo Finance· 2 months agoSomalia secured the cancellation of 99% of the debt it owed to members of the Paris Club of creditor nations, the Paris Club said on Wednesday, a milestone in the war-scarred country's efforts ...
UPDATE 1-Up to $520bln in debt write-offs needed for emerging nations' climate goals
Reuters via Yahoo Finance· 1 year agoUp to $520 billion in debt needs to be written off to help developing nations at greatest risk of default return to a sounder fiscal footing and meet climate and development goals, according ...
