Rising debt risks for low-income countries discussed at global roundtable

From Yahoo Finance: 2025-04-23 15:04:00

Global Sovereign Debt Roundtable released a new playbook to improve debt restructuring for countries facing challenges. Co-chaired by IMF, World Bank, and South Africa, it aims to accelerate progress on securing debt treatment for countries in default. Public debt levels expected to reach 100% of global GDP by 2030 due to U.S. tariffs, slower growth, and trade strains. IMF calls for urgent action to address high debt service burden facing many countries. Discussions focus on enhancing transparency, information sharing, and speeding up post-restructuring credit rating upgrades.



Read more at Yahoo Finance: Global roundtable sees rising debt risks for low-income countries as uncertainty mounts