[ad_1] WASHINGTON, April 11 (Reuters) – The International Monetary Fund on Tuesday trimmed its 2023 global growth outlook slightly as higher interest rates cool activity but warned that a severe…
Tag: WBNK
Yellen to push for ‘speedy’ action on debt relief for Zambia, Ghana
[ad_1] WASHINGTON, April 10 (Reuters) – U.S. Treasury Secretary Janet Yellen will push this week for urgent resolution of requests by Zambia and Ghana for restructuring of their sovereign debts,…
Yellen to push next steps for development bank evolution at spring meetings
[ad_1] WASHINGTON, April 10 (Reuters) – U.S. Treasury Secretary Janet Yellen on Wednesday will host a roundtable discussion on further steps to evolve the World Bank and other development lenders…
IMF chief says Europe can avoid debt crisis, hard to think of Bitcoin as money
[ad_1] WASHINGTON, Oct 5 (Reuters) – Medium-term fiscal consolidation and growth will put Europe on a sound footing to avoid another sovereign debt crisis despite rising debt levels caused by…
Half a trillion in debt haircuts essential for sustainability – study
[ad_1] LONDON, April 6 (Reuters) – Up to half a trillion dollars in debt needs to be written off to help developing nations at greatest risk of default return to…
Yellen urges IMF to press creditors to finalize debt restructurings
[ad_1] WASHINGTON, April 4 (Reuters) – U.S. Treasury Secretary Janet Yellen on Tuesday called for quicker action to resolve several outstanding sovereign debt restructuring cases and urged the International Monetary…
World Bank president expresses deep concern on Zambia debt restructuring
[ad_1] WASHINGTON, March 21 (Reuters) – World Bank President David Malpass said on Tuesday he remained deeply concerned about the debt restructuring stalemate in Zambia and that the bank is…