Sri Lanka receives long-awaited IMF bailout
The IMF approved a $3 billion funding package on Monday after months of back-and-forth with Sri Lanka’s government during which...
Debt Restructuring
Zambian chafes at delay in debt restructuring
Zambia’s finance minister, Situmbeko Musokotwane, has criticized delays in the debt restructuring process, the FT reports. The criticism comes in the...
El Salvador confounds critics with bond repayment
El Salvador repaid an $800 million Eurobond this week, ending speculation over whether the country’s soured bitcoin bet would force 2023’s first...
Sri Lankan debt plan gains Indian support
India told the IMF it would support Sri Lanka’s restructuring plan, bringing the embattled island economy’s debt saga one step closer to resolution....
Frontier Markets Weekly, December 4th 2022
By Ken Stibler, Noah Berman and Dan Keeler Welcome to the latest edition of Frontier Markets News. As always, I...
Deepening crisis forces Ghana to backtrack on promises and restructure foreign debt
Amid a fragmenting political environment, Ghana has reversed previous promises and proposed a 30% “haircut” on foreign debt. The restructuring announcement came...
Zambia requests official debt relief
Zambia has requested up to $8.4 billion in debt relief, the IMF announced in a statement on Tuesday. The country and lender...
