Zambia’s Finance Minister Says the Era of Too Much Debt From China Is Over

Zambia’s is ready to move on from a failed economic development model based on borrowing billions of dollars of debt from creditors like China, the country's finance minister said. “The level of debt ... Read More

Zambia's debt: Eurobond relief or bondage?

Debt restructuring negotiations have been held up by differences ... holders to restructure Zambia’s external debt to help kick-start the country’s copper reliant economy. Read More

Zambia's three-year debt restructuring takes step forward

October 2021: Zambia's finance ministry says its external ... debt into two bonds with easier terms and longer payment deadlines, but also additional faster payments if the country's economy ... Read More

Zambia Bonds Gain as Moody’s Sees Debt Talks Unlocking Growth

Zambia’s dollar bonds strengthened as the country worked to finalize a long-delayed debt restructuring, with Moody’s Investors Service saying a deal would be a catalyst for broader economic ... Read More

Zambia Seeks ‘Headroom’ in Debt Restructuring to Grow Economy

(Bloomberg) -- Zambia is working to finalize a long-delayed debt restructuring that would give it “headroom” to attract investment and jump-start economic ... Gucci’s China Shock ... Read More

External debt crosses $100b for first time

At the end of 2023, the overall external debt stood at $100.6 billion, up from $96.5 billion a year earlier, as per the latest data from the Bangladesh Bank. For all latest news, follow The Daily ... Read More

Economic conditions in debt-stricken Sri Lanka improving, IMF says

The economic ... al lender says it did not reach staff-lev­el agree­ment with Sri Lan­ka in first re­view un­der a $2.9bn bailout pack­age. IMF says Sri Lan­ka’s debt is un­sus­tain ... Read More

Consumers Turning Sour on Economy’s Future, Worried About Political Outlook

Consumer views of the current economy were little changed in March, though their outlook ... rate, up from 1.9% in 2022. Meanwhile, the stock market rose 24%, as measured by the S&P 500. Read More

It’s (Still) The Economy, Stupid

The core personal consumption expenditure price index, which is the Fed’s preferred gauge for prices, would go up by 3.7% ... price tags overlooks key economic factors which are driving prices ... Read More

U.S. public debt projected to reach 166% of economy in 30 years

push up interest payments to foreign holders of U.S. debt, and pose significant risks to the fiscal and economic outlook; it could also cause lawmakers to feel more constrained in their policy ... Read More

India's FY25 growth outlook looks bright, core inflation on downtrend, says FinMin: 5 key highlights

India's economic growth outlook for the upcoming fiscal FY25 -- starting from April 1, looks bright, thanks to strong growth and robust fundamentals, despite headwinds such as hardening crude oil ... Read More