Senegal’s potential $2.2 billion IMF program remains conditional
Senegal’s proposed IMF program could unlock financing, but approval still depends on corrective action, partner assurances, debt treatment and a Sept. 15 budget.
Sovereign Debt
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Argentina’s Debt Ratio May Fall, but Its Refinancing Test Is Ahead
Argentina’s debt outlook is improving, but new Treasury bond auctions show the country still needs dollars, reserves and investor demand to meet obligations.
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UNESCO Links Global Debt Pressures to Education Funding at July Meeting
Nearly 40 ministers and representatives met with UNESCO on July 10 to connect debt pressures, digital learning and youth participation to education policy beyond 2030.
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UNESCO Warns Global Education Aid Could Fall 30% by 2027 as Debt Costs Rise
UNESCO says education aid fell in 2024 and could decline by up to 30% by 2027, while debt payments exceed education spending in 113 countries.
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UNESCO urges debt-for-education swaps as 113 countries spend more on debt service than education
UNESCO is calling on governments and international lenders to expand debt-for-education swaps, saying 113 countries now spend more on debt service than on education.
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Barbados Reports Stronger Reserves and Bank Loan Quality
Barbados reported higher reserves, a lower debt ratio and improved bank loan quality in a July review, while an IMF backstop remains precautionary.