Debt Relief
Debt relief or debt cancellation is the partial or total forgiveness of debt, or the slowing or stopping of debt growth, owed by individuals, corporations, or nations. From antiquity through the 19th century, it refers to domestic debts, in particular agricultural debts and freeing of debt slaves. In the late 20th century, it came to refer primarily to Third World debt, which started exploding with the Latin American debt crisis (Mexico 1983, etc.). In the early 21st century, it is of increased applicability to individuals in developed countries, due to credit bubbles and housing bubbles.
WikipediaPublications
CGD: Center for Global Development · 16 November 2023 English
Suspend and reduce debt for low- and middle-income countries, including the use of innovative debt swaps and revision of SDRs: We call for the suspension and reduction of debt for …
(LMICs). G20 creditor countries should accelerate debt relief and cancellations, and MDBs urgently need to … Framework for Debt Treatments to accelerate debt relief and cancellation, establish clear timelines, … shovel-ready projects in EMDEs (UNHLC, 2022). Debt relief and suspension for low- and middle-income countries … Framework for Debt Treatments to accelerate debt relief and cancellation, establish clear timelines, … promoting swift, equitable, and comprehensive debt relief discussions, inclusive of payment pauses and …
GDP Center: BU: Global Development Policy Center · 15 November 2023 English
www.bu.edu/gdp • Despite the decline since 2016 in loan commitments and size, the amount of energy finance China’s DFIs have provided surpasses the energy sector lending offered to public entities …
lopment-finance/. Cash, Joe. 2023. “China’s Debt Relief to Poor Countries Slows amid Continuing Appeals … https://www.reuters.com/world/china/chinas-debt-relief-poor-countries- slows-amid-continuing-appeal … https://www.reuters.com/world/china/chinas-debt-relief-poor-countries-slows-amid-continuing-appeals … https://www.reuters.com/world/china/chinas-debt-relief-poor-countries-slows-amid-continuing-appeals … R., Gallagher, K.P., and W.N. Kring (2023). Debt Relief for a Green and Inclusive Recovery: Guaranteeing …
World Bank Group · 15 November 2023 English
96/2023. 3. The Borrower has enacted the Eskom Debt Relief Act and the Appropriation Act to enable the … investments. 10. “Eskom Debt Relief Act” means the Eskom Debt Relief Act, No. 7 of 2023, published …
World Bank Group · 14 November 2023 English
Somalia will qualify for full and irrevocable debt relief, which could reduce the debt-to-GDP ratio from … on the full delivery of HIPC, Multilateral Debt Relief Initiative, and beyond-HIPC assistance. HIPC … this time, depriving Somalia from much needed debt relief. Implementation of DLI benchmarks: Ministry … Moreover, there would be arguably no HIPC debt relief, certainly much slower and more contested customs …
World Bank Group · 14 November 2023 English
The World Bank and the International Monetary Fund use the Low-Income Country Debt Sustainability Framework to assess the sustainability of sovereign debt in about 75 low- and middle-income developing countries. …
was the same year in which the Multilateral Debt Relief Initiative (MDRI) was adopted, under which the … considerable debt reduction from HIPC and MDRI debt relief” (IMF 2008). Ghana's IDA Resource Allocation …
Roosevelt Institute · 13 November 2023 English
Her research focuses on post-neoliberal thought and the intersection of race, economics, and social stratification; and her work has appeared in the New York Times, the Washington Post, Time, The …
“Remarks by President Biden Announcing Student Loan Debt Relief Plan.” Transcript of speech delivered at the … by-president-biden-announcing- student-loan-debt-relief-plan/. 2023. “Remarks by President Biden on Bidenomics … -by-president-biden-announcing-student-loan-debt-relief-plan/ https://www.whitehouse.gov/briefing-ro … -by-president-biden-announcing-student-loan-debt-relief-plan/ https://www.whitehouse.gov/briefing-ro … -by-president-biden-announcing-student-loan-debt-relief-plan/ https://www.whitehouse.gov/briefing-ro …
Roosevelt Institute · 13 November 2023 English
Her research focuses on post-neoliberal thought and the intersection of race, economics, and social stratification; and her work has appeared in the New York Times, the Washington Post, Time, The …
“Remarks by President Biden Announcing Student Loan Debt Relief Plan.” Transcript of speech delivered at the … by-president-biden-announcing- student-loan-debt-relief-plan/. 2023. “Remarks by President Biden on Bidenomics … -by-president-biden-announcing-student-loan-debt-relief-plan/ https://www.whitehouse.gov/briefing-ro … -by-president-biden-announcing-student-loan-debt-relief-plan/ https://www.whitehouse.gov/briefing-ro … -by-president-biden-announcing-student-loan-debt-relief-plan/ https://www.whitehouse.gov/briefing-ro …
Roosevelt Institute · 13 November 2023 English
They included the climate justice movement that gave us the Green New Deal; the racial justice movement that renewed demands for racial equity in the wake of the murder of …
-by-president-biden-announcing-student-loan-debt-relief-plan/ https://rooseveltinstitute.org/publica … “Remarks by President Biden Announcing Student Loan Debt Relief Plan.” Transcript of speech delivered at the … by-president-biden-announcing- student-loan-debt-relief-plan/. 2023. “Remarks by President Biden on Bidenomics … -by-president-biden-announcing-student-loan-debt-relief-plan/ https://www.whitehouse.gov/briefing-ro … -by-president-biden-announcing-student-loan-debt-relief-plan/ https://www.whitehouse.gov/briefing-ro …
World Bank Group · 9 November 2023 English
The World Bank and the International Monetary Fund use the Low-Income Country Debt Sustainability Framework to assess the sustainability of sovereign debt in about 75 low- and middle-income developing countries. …
was the same year in which the Multilateral Debt Relief Initiative (MDRI) was adopted, under which the … considerable debt reduction from HIPC and MDRI debt relief” (IMF 2008). Ghana's IDA Resource Allocation …
