Browsing: debt

The IMF lowered its 2024 growth forecast for low-income countries as a group to 4.7% from an estimate of 4.9% in January

CAIRO – Egypt’s foreign debt climbed by $3.5 billion in the fourth quarter of 2023 to $168.0 billion, data on the planning ministry website showed.

“The dynamics of the indicator was determined mainly by reduction of obligations of other sectors on raised loans,” te regulator noted

Oman’s debt capital market (DCM) shrank by 7% year-on-year (YoY) to $44 billion in 2023 as the government pre-paid more of its debt using the budget surplus from high oil prices, Fitch Ratings said in a new report.

Russia’s government and businesses have been steadily reducing the amount of money they owe to foreign lenders, the latest official data suggests.

This increase came after a drop of about $840 million during the past two quarters of the current fiscal year…

Japan’s holdings of US Treasuries have continued to grow, exceeding $1.15 trillion in January, according to data released by the US Treasury this week. Tokyo has been the largest overseas holder of US debt since June 2019.

Eight countries were in debt distress, while 13 were “expected to be at risk of debt distress”

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South Africa’s government will draw down 150 billion rand ($7.93 billion) over the next three years from a central bank-administered contingency account to limit borrowing, the National Treasury said on Wednesday.