For children in many countries, debt relief is—quite literally—a life and death ... It was not until 2006, 20 years after Nyerere’s speech, that the IMF and World Bank Heavily Indebted Poor Countries ...

The legal doctrine of odious debt makes an analogous argument that sovereign debt incurred without ... South Africa is not poor enough to qualify for debt relief under the Heavily Indebted Poor ...

As the result, the nation remains one of the highly indebted countries in the ... announced that Ethiopia has agreed to a debt restructuring with its sovereign creditors. He further said, the ...

[@profosinbajo, Instagram] Several former African heads of state and government have signed a declaration calling for debt relief for highly indebted nations. The leaders are also advocating for ...

Of those, 17 countries spent more than 20% of revenue on interest payments - surpassing a threshold strongly linked to default risk, UNDP said. Rising debt service burdens had surpassed levels not ...

The initiative, backed by seven former African heads of state, is calling for a plan modelled after the Highly Indebted ... poorest countries nearly $80 billion. A previous G20 debt relief ...

A Somali official explains how a show of national ownership, open communication and rare unity has brought an unlikely IMF success story to one of the world’s most fragile states. When Somalia secured ...