Reasonable levels of external debt that help finance productive investment may be expected to enhance growth, but beyond certain levels additional indebtedness may reduce growth. An IMF study ...
In Malawi, despite the lower HIV prevalence, the cost burden of future treatment dwarfs the country’s modest external indebtedness. But because Malawi is much larger than Lesotho, the costs to the ...
The debt situation in many African countries has escalated again to a critical juncture. Twenty are in, or at risk of, debt ...
Across all low- and middle-income countries, the rise in external indebtedness outpaced Gross National Income (GNI) and export growth. Low- and middle-income countries’ external debt-to-GNI ...
Mozambique spent $654.2 million(€611.5 million) on servicing its external public debt in 2023, up almost 20% in a year, ...
Despite significant increase in the revenue allocated to the states by the federal government, it is unfortunate that their indebtedness ... from domestic and external financial creditors.
High public debt explains Zimbabwe’s decades-long struggles with high formal unemployment and increased poverty. THE Public Debt Management Office (PDMO) published the 2023 Public Debt Report (PDR) ...
Griesa said “the vast majority” of exchange bonds governed by Argentine law qualified as “external” indebtedness, triggering the equal treatment requirement. Last year he allowed the ...
In South Africa, the prevalence of over-indebtedness has reached alarming ... guidance and support without having to navigate external channels. Empirical evidence has been amassed demonstrating ...
the Company may be unable to generate sufficient cash flows or have access to external financing; the Company may incur substantial additional indebtedness in the future; the Company is subject to ...
Professor James’s research challenges common assumptions about indebtedness, demonstrating how the structures propping up ‘credit apartheid’ in South Africa disadvantage its victims by enabling ...
However, the sovereign rating is constrained by weak governance, high-interest payments, a narrow revenue base and high external indebtedness. Kenya’s sovereign external financing requirement ...