debt

China has reinstated commitment to restructure the $6 billion it is owed by Zambia.The restructuring raises hope for emerging market debts and a good sign for Sri Lanka and others that have borrowed heavily from Beijing.According to…

France has expressed readiness to lend Sudan $1.5 billion to help the African nation pay off its massive debt to the International Monetary Fund.The Sudan's Finance Minister, Bruno Le Maire, disclosed this on Monday May 17, 2021.…

The United Kingdom's official statistics agency has reported that the public debt owed by the United Kingdom has in its first time crossed $2.6 trillion.The Office for National Statistics (ONS) said the public debt increased £227.6…