The World Bank's debt relief work is divided into two main categories: Commercial Debt. In 1989, the Boards of IBRD and IDA approved the Debt Reduction Facility (DRF) for IDA-only countries funds, ...

World Bank Calls for Debt Relief as Funds Flee Poor Countries ‘It’s time to face reality,’ chief economist says in report Poorest nations paid record $34.6 billion interest last year ...

The IMF and World Bank remain small relative to the size of global capital ... will no doubt be ready to take up the call for widespread debt relief. But it seems unlikely that with Trump as US ...

The World Bank published a report on December 3 ... "The poorest countries facing debt distress need debt relief if they are to have a shot at lasting prosperity." More than a dozen sovereign ...

For the best experience, please enable JavaScript in your browser settings. The heads of the World Bank and International Monetary Fund on Friday underscored the need ...

The challenges were highlighted when the Vatican-assembled group, known as the "Jubilee Commission", presented its draft plan for debt relief and affordable finance at the IMF and World Bank ...

The World Bank warned in a new report that poor countries will be stuck in economic “purgatory” without debt relief. By Alan Rappeport Reporting from Washington Soaring inflation saddled ...

African countries' public debt service forecasted to average 137.4% of their annual climate financing needs by 2030, says a report by the Institute for Economic Justice. Despite Africa’s overall ...

For too long, the global framework for assessing and managing debt sustainability in low- and middle-income countries has ...

The story quotes Reserve Bank of Malawi Governor Dr. Mafuta Mwale, who claims that Malawi is “still paying off loans acquired ...

Mr. Funk was the managing editor of Pleroma Media, and worked as a breaking news reporter at The Messenger after spending 25 years at Fox Television as a producer, executive producer, and digital ...