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Tag Archives: debt relief

Developing countries need debt relief

  To act on climate change, the gap between their short-term debt and long-term investment must be closed COMMENT | ISHAC DIWAN & VERA SONGWE | If developing economies found it hard to manage their debts in 2023, they are likely to face even more formidable challenges this year. Though most …

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IMF approves debt relief for 25 poor countries

Washington, United States | AFP | The International Monetary Fund on Monday announced immediate debt relief for 25 poor countries to help them free up funds to fight the coronavirus pandemic. “This provides grants to our poorest and most vulnerable members to cover their IMF debt obligations for an initial phase over the next six …

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