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Is de-dollarisation on the move?
07 Oct 2024 03:05 GMT
… would raise the country’s debt to unsustainably high levels, … doubt that Pakistan’s existing debt profile and sustained heavy … disbursing 18.9 billion dollars, Paris Club 7.2 billion dollars Euro … not sufficient to meet the debt repayments and in 2023 …
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Navigating debt: Iraq tackles external borrowing amid soaring domestic financial pressure
30 Sep 2024 14:01 GMT
… at reducing external public debt, leveraging
financial surpluses … characterized the external debt as “dead
debt.”
In an interview … Additionally, Iraq has outstanding debts
to eight countries, including … to the
Paris Club’s oversight.
Low External Debt
Mudher …
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Nigeria Not Discussing Debt Forgiveness With China—FG
30 Sep 2024 12:35 GMT
… got its debts written off by the Paris Club but successive governments … Muhammadu Buhari, increased the debts.
As of March 2024, … Nigeria’s total debts, according to the Debt Management Office (DMO … nations,” noting that the debt-to-gross domestic product …
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Iraq owes less than $10 billion in foreign debt
26 Sep 2024 15:49 GMT
… allocations to pay these debts.
The Iraqi official elaborated … that Iraq’s foreign debts, which include both sovereign … obligations, originate from the Paris Club agreement settlements and date back … debts must be paid by 2028.
In 2004, the Paris Club …
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Iraq’s external debt reduced to $10B, expected to be cleared by 2028
26 Sep 2024 13:10 GMT
… debts.
“These external debts stem primarily from the Paris Club debt settlement … both foreign private sector debts and sovereign loans, … level of external debt has enhanced its … Paris Club announced in 2004 a comprehensive settlement to reduce Iraq’s debt …
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Spain calls for disaster ‘pause clauses’ for developing nation debt
24 Sep 2024 07:27 GMT
… droughts and hurricanes to suspend debt repayments, as climate change … are currently rare in debt documents.
The loan clauses … droughts and floods are complicating debt crises, particularly in Africa. … a member of the Paris Club of rich-country creditors …
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Debt relief for poor countries: Time for a whole new effort to be made?
22 Sep 2024 11:05 GMT
… -Paris Club bilateral and private creditors were under no obligation to pardon debt … exports in most beneficiary countries. Paris Club debt got cancelled, but countries did … of all bilateral loans; the Paris Club only accounts for 5%.
Private …
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Ola Olukoyede: Sailing through the storm
06 Oct 2024 12:22 GMT
… off the nation’s debt to the Paris Club (which was eventually paid …
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Zimbabwe Explores Debt-for-Climate Swap as Part of $21 Billion Restructuring
18 Sep 2024 04:23 GMT
… intended to replace ongoing debt restructuring talks but rather … since defaulting on its debts in 1999. The resulting … significantly increased the country’s debt burden. In 2022, Zimbabwe … talks with creditors, including the Paris Club, the World Bank, and …
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Zimbabwe’s $21 billion debt could be eased with green initiatives
17 Sep 2024 12:53 GMT
… , revealed on Monday that debt-for-climate swap for Zimbabwe … the long-term nature of debt-for-climate swaps gives countries … official further relayed that s debt-for-climate swap would … with creditors, which included the Paris Club, the World Bank, the …