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In some countries, corrupt politicians appear to choose investment projects based on the opportunity for bribes and kickbacks these projectspresent. This paper contends that such corruption increases the numberof capital projects undertaken and trends to enlarge their size andcomplexity. The...
Persistent link: https://www.econbiz.de/10014409386
by other countries, the paper also discusses options for international coordination to address the risk of mutually …
Persistent link: https://www.econbiz.de/10012644784
Benin remains at moderate risk of external debt distress. The rating is unchanged from the previous November 2018 DSA … to total public and publicly guaranteed (PPG) debt (external plus domestic), the overall risk of debt distress remains …
Persistent link: https://www.econbiz.de/10012646558
to upgrade the risk rating. Debt should be further reduced and kept at levels needed to withstand the existing …
Persistent link: https://www.econbiz.de/10012646559
An updated joint assessment of Rwanda's debt sustainability suggests continued low risk of external debt distress …. External debt burden indicators remain below risk thresholds, except for a short and temporary breach of debt service … indicators in 2023, when the Eurobond issued in 2013 matures. The main risk to debt sustainability--and macroeconomic stability …
Persistent link: https://www.econbiz.de/10012646561
Togo's risk of external debt distress continues to be moderate, while the overall risk of debt distress is high … low risk of external debt distress, judgment was applied given vulnerabilities arising from high domestic debt, which …
Persistent link: https://www.econbiz.de/10012646562
The updated DSA suggests that the external risk of debt distress for Vanuatu remains moderate with limited space to … publicly guaranteed (PPG) external debt-to-GDP ratio to breach the threshold from 2024 onwards. The overall risk of debt …
Persistent link: https://www.econbiz.de/10012646563
Niger's risk of external and overall public debt distress is rated "moderate" as in the previous DSA. While all …
Persistent link: https://www.econbiz.de/10012646564
Guinea is at moderate risk of external debt distress with some space to absorb shocks. All external debt burden … indicators breach their thresholds for prolonged periods. The overall risk of public debt distress is also assessed to be …
Persistent link: https://www.econbiz.de/10012646568
The risk of external and overall debt distress for Guyana remains moderate, but debt dynamics will improve … effects cause temporary but significant breaches in the external debt thresholds, prompting a moderate risk rating …
Persistent link: https://www.econbiz.de/10012646569