Timor-Leste remains at moderate risk of overall and external debt distress, with application of judgement, unchanged from the 2023 Article IV debt sustainability analysis. The present value of the external...
This DSA is prepared jointly by the staff of the IMF and the World Bank, in collaboration with the authorities of Liberia. The Debt Sustainability Analysis assesses Liberia at moderate risk of external...
Bhutan’s risk of overall and external debt distress is assessed as moderate, unchanged from the 2022 DSA. While the mechanical results point to a high risk of overall and external debt distress, with breaches...
Zimbabwe’s debt remains unsustainable and assessed to be in external and overall debt distress. Significant arrears are owed to multilateral and official bilateral creditors, which stands as an obstacle...
This paper shows that China has launched a new global system for cross-border rescue lending to countries in debt distress. It builds the first comprehensive dataset on China’s overseas bailouts between...
These opening remarks were delivered by World Bank Group President David Malpass during the Launch of the International Debt Report 2022 on December 6, 2022. He spoke about the World Bank identified the...
This paper provides an overview of the Russian Federation’s default history, the legal characteristics of the bonds, and potential issues for litigation should a default materialize. The paper’s main argument...
This is a statement by H.E. Tengku Datuk Seri Utama Zafrul Tengku Abdul Aziz Minister of Finance, at the 105th meeting of the Development Committee held on April 22, 2022. The situation in Ukraine has...
This is a statement by H. E. Enoch Godongwana, Minister of Finance, at the 105th meeting of the Development Committee held on April 22, 2022. Public debt has been rising rapidly and is becoming an increasing...
The Coronavirus disease 2019 (COVID-19) pandemic put significant pressures on fiscal accounts during 2020 through a contraction of revenues and increased spending needs to tackle the pandemic and its economic...
The development objectives of Kyrgyz Republic Financial Sector Development Project are to: (i) enhance financial sector stability, and (ii) increase access to financial services. This restructuring requires...
The purpose of this book is to provide a coherent overview of the insolvency systems found around the world. Its intended audience includes academics, judges, lawyers, and policymakers. Its focus is on...