Africa is severely impacted by the triple crisis of debt, climate change and nature loss. The continent’s debt now stands at more than 70% of GDP. There is potential to address these crises through ‘general
The study provides a critical assessment of the implications of COVID-19 pandemic on the country’s fiscal consolidation path and identify alternative policy options for mitigating the high risk of debt
The National Statistical Office (NSO), Ministry of Statistics and Programme Implementation has conducted the latest survey on All India Debt & Investment Survey during the period January – December, 2019
The COVID-19 crisis, which has sent economies in South Asia and around the world into a deep recession, has highlighted South Asia’s rising debt levels and sizable hidden liabilities. State-owned enterprises,
The COVID-19 pandemic has worsened the debt vulnerabilities of many low- and medium-income sovereigns. Debt levels were already high for many even prior to COVID outbreak, but are now exacerbated because
Around 1 in 8 countries globally spends more on debt than on social services, according to a UNICEF report. COVID-19 and the Looming Debt Crisis notes that 25 countries globally – the majority of them
The triple COVID-19, economic, and climate crisis poses a growing challenge to debt sustainability and financing for climate action. There are growing calls to look for solutions for the three crisis together,
The African Economic Outlook is the African Development Bank’s flagship annual publication. It provides economic data as well as analysis and recommendations for the continent’s economies. Each edition
This study provides an analysis of the linkages between multi-hazard exposure, lack of resilience, resulting disaster risk with related loss and damage, sovereign debt risks, and the lack of investment
The Debt-for-Climate Initiative (DCI) is an effort to provide comprehensive debt relief for eligible countries to generate fiscal space for climate action. The DCI aims at achieving maximum creditor and
