articuno7613 at KillBaitThe article highlights the dangers of using lax monetary policies and currency depreciation to address debt sustainability, referencing an early example from Venice between 1619 and 1666. While this historical case shows the role of fiscal reputation, it also demonstrates that even a credible govern... [More info]
Headlines AfricaAfrica: World Bank Approves $115 Million to Support Senegal's Fiscal Reforms and Strengthen Public Financial Management: [World Bank] Washington -- The World Bank has approved $115 million in concessional financing to support Senegal's efforts to improve public debt sustainability, strengthen public financial management, and increase domestic resource mobilization. The financing, provided through the… http://newsfeed.facilit8.network/TLY7wd #WorldBank #Senegal #PublicFinance #FiscalReforms #DebtSustainability
SDG CommitteeRising debt service burdens challenge economic stability (SDG 8) .
Funding gaps impact critical infrastructure (SDG 9).
Education & healthcare budgets shrink under debt pressure (SDG 3 & 4).
Climate investments & energy transitions at risk (SDG 7 & 13).
Global cooperation needed for responsible lending (SDG 17).
Policymakers should Strengthen debt sustainability frameworks to ensure financing drives SDG impact
#DebtSustainability#SDGAction#EconomicResilience #GlobalDevelopment
#PolicyMatters
Africa: Foreign Ministers' Meeting Backs SA's G20 Presidency Priorities: [SAnews.gov.za] The Group of 20 (G20) Foreign Ministers have thrown their weight behind South Africa's Presidency priorities, which focus on sustainable development and debt sustainability for low-income countries among others. http://newsfeed.facilit8.network/TJ8cLH #Africa #G20 #SouthAfrica #SustainableDevelopment #DebtSustainability
ExTraders GlobalThe Commission will propose a reference trajectory for member states with public debt exceeding 60% of GDP or a public deficit exceeding 3% of GDP. The aim is to reduce debt levels, ensure debt sustainability, and maintain a budget deficit below 3%. #EuropeanUnion #FiscalRules #EuropeanCouncil #EuropeanParliament #DebtSustainability
Over the weekend, the European Council announced a compromise on new fiscal rules negotiated between member states and the European Parliament (EP). The EU institutions agreed to reform the Union's fiscal rules, addressing limitations on public spending and budget deficits. #EuropeanUnion #FiscalRules #EuropeanCouncil #EuropeanParliament #DebtSustainability
Joseph Lim 
"“All countries will benefit if #BRI & #EU #connectivity initiative are combined .. This is in the interest of all (CA) countries” said the Uzbek diplomat .. While countries participating in BRI hv seen a positive impact on #infrastructure improvement, some major concerns persist, incl'g #debtsustainability & environmental considerations .. Experts also note the need for greater #transparency in #projectselection, #financing terms, & #environmental & #social consequences"
https://astanatimes.com/2023/09/kazakh-and-chinese-experts-reflect-on-first-decade-of-belt-and-road-initiative/
https://astanatimes.com/2023/09/kazakh-and-chinese-experts-reflect-on-first-decade-of-belt-and-road-initiative/
Kazakh and Chinese Experts Reflect on First Decade of Belt and Road Initiative - The Astana Times
ASTANA – Astana hosted an international conference on Sept. 7, marking the 10th anniversary of the Belt and Road Initiative (BRI), one of the world’s largest development and infrastructure projects. The event also celebrated 30 years of partnership between Central Asia and China. The conference was organized by Kazakhstan’s Center for Chinese Studies and took…