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What is the human cost of the global economic crisis? How many people will the crisis prevent from escaping poverty, and how many will remain hungry? How many more infants will die? Are children being pulled out of schools, not getting the education they need to become more productive adults and...
Persistent link: https://www.econbiz.de/10012561078
development crisis. The financial crisis originated in the developed world, but it has spread quickly and inexorably to the … developing world, sparing no country. Increasingly it appears that this will not be a short-lived crisis. The poor countries are … survival. At high- level meetings held in 2008 to mark the MDG halfway point, world leaders expressed grave concern that the …
Persistent link: https://www.econbiz.de/10012561186
world is going to respond to the challenge of climate change, building on the foundation laid at the conference in Bali in …
Persistent link: https://www.econbiz.de/10012561414
With some 19 million US Dollars (1.6 percent of GDP) in unresolved arrears to official bilateral creditors, Grenada remains in external public debt distress. However, debt appears sustainable reflecting favorable projected debt dynamics from substantial fiscal surpluses that are supported by the...
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....
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-unchanged from the previous Debt Sustainability Analysis (DSA) published in December 2018. While the mechanical results point to a low risk of external debt distress, judgment was...
Persistent link: https://www.econbiz.de/10012646562
Guinea is at moderate risk of external debt distress with some space to absorb shocks. All external debt burden indicators under the baseline scenario lie below their policy-dependent thresholds. Stress tests suggest that debt vulnerabilities will increase if adverse shocks materialize. Under...
Persistent link: https://www.econbiz.de/10012646568
The Debt Sustainability Analysis (DSA) indicates that Honduras stands at low risk of debt distress both for public external debt and overall debt, which represents an upgrade from the 2018 DSA, where risk of debt distress was assessed as moderate. The DSA was undertaken under the revised...
Persistent link: https://www.econbiz.de/10012646570
Mali remains at moderate risk of external debt distress. This rating is unchanged from the previous analysis and consistent with the May 2018 Staff Report (IMF Country Report/18/141). All the projected external debt burden indicators remain below their thresholds under the baseline. However, the...
Persistent link: https://www.econbiz.de/10012646572
This report presents the first official debt sustainability analysis undertaken for Somalia. Based on both external and public debt indicators, Somalia is in debt distress. Total public debt is very high, at dollar 4.8 billion, or 101 percent of GDP at end-2018-nearly all of which is external...
Persistent link: https://www.econbiz.de/10012646575