(Reuters) -Hong Kong property developer New World Development has launched a debt exchange offer of up to $1.9 billion, aiming to restructure its outstanding perpetual securities, it said in an ...

How government’s borrowing spree is leaving citizens bearing the cost Kampala, Uganda | Julius Businge | At dawn, the roar of ...

WASHINGTON, Oct 17 (Reuters) - World Bank President Ajay Banga on Friday stressed the need to increase transparency in debt restructuring processes to give greater clarity to all parties involved, ...

Gabon is not considering a debt restructuring or reprofiling, and is in the process of rebasing its calculations of GDP, ...

The World Bank has fixed December 16 as a tentative approval date for a fresh $1bn Development Policy Financing loan to the country under a new initiative ...

The World Bank (WB) has warned African states against issuing Eurobonds to refinance maturing bonds and commercial loans instead of investing in infrastructure projects.

Investors are pushing huge sums into building data centers to fulfil the promise of AI. But is this based on rosy assumptions ...

World Bank urges Pakistan to follow IMF program, citing high fiscal deficit, 75% debt ratio, and need for continued economic ...

Spain is contributing €19.5 million to the World Bank’s Livable Planet Fund (LPF) as part of a new package of support announced today for sustainable development and debt relief.

ISLAMABAD: Amid projections of a further hike in inflation, the World Bank stated that Pakistan’s real GDP growth, initially ...

Economic news was incongruous this past week as three economists got Nobel prizes for their research on factors that ...