White House official urges China, private sector to step up global debt relief – Reuters

A woman receives the AstraZeneca/Oxford vaccine under the COVAX scheme against the coronavirus disease (COVID-19) at the Eka Kotebe General Hospital in Addis Ababa, Ethiopia March 13, 2021. REUTERS/Tiksa Negeri WASHINGTON, June 30 (Reuters) – The G20 major economies should revitalize a freeze in official bilateral debt payments by the poorest countries to include middle…

UPDATE 2-Sudan crosses last hurdle towards debt relief – Sudanese official – Yahoo Finance

* Sudan’s debt burden unusually large * Country stuck in deep economic crisis * Government struggling to finance imports * Prime minister hails ‘big day’ (Recasts with $2.5 billion in new funding) By Nafisa Eltahir, Karin Strohecker and David Lawder June 29 (Reuters) – Sudan received approval from the International Monetary Fund on Tuesday for…

Sudan to Receive Debt Relief Under the HIPC Initiative – World Bank Group

WASHINGTON, June 29, 2021The Executive Boards of the World Bank’s International Development Association (IDA) and the International Monetary Fund (IMF) have determined that Sudan has taken the necessary steps to begin receiving debt relief under the enhanced Heavily Indebted Poor Countries (HIPC) Initiative. Sudan is the 38thcountry to reach this milestone, known as the HIPC…

Guest view: A debt relief plan for green recovery – Reuters

Power-generating windmill turbines are pictured in Suzlon wind farm at Sanodar village, west of the Indian city of Ahmedabad, September 8, 2009. REUTERS/Amit Dave KARACHI/LONDON, June 28 (Reuters) – The soothing calm and palpable enthusiasm in debt markets is deceiving. Developing and emerging economies, which suffered a large-scale withdrawal of international capital at the outbreak…