(Credit: IMF Photo/Valerie Plesch) June 12, 2025/IMFBlog By Yan Liu Public debt is projected to reach nearly 100 percent of global gross domestic product by the end of this decade, surpassing even pandemic-level highs. Governments, particularly those in emerging market and developing economies, face both mounting debt service costs and […]
OPINION/EDITORIAL
Nigeria’s US$5 Billion Aramco Loan: High Stakes, Rising Risks
June 11, 2025/CSL Research Nigeria and Saudi Arabian oil company Aramco are reportedly facing difficulties finalising a record US$5 billion oil-backed loan – equivalent to around 3% of Nigeria’s GDP – which was first announced last November following a meeting between President Bola Tinubu and Saudi Crown Prince Mohammed bin […]
Timor-Leste’s Opportunity to Turn its Wealth Into Economic Development
(Credit: Agung Wid/iStock by Getty Images) June 11, 2025/IMFBlog Timor-Leste has achieved significant progress since its independence in May 2002. Asia’s youngest nation has maintained stability, strengthened institutions, and enjoyed enviable economic growth and inflation for a country emerging from conflict. Notably, it has stockpiled proceeds from its offshore oil […]
