The plan of adjustment put forward by the oversight board, if approved by enough creditors and the courts, would cut Puerto Rico’s tax supported debt from $50 billion to $25 billion and smooth its re…

In recent months, Laos’ economy has crashed.

The coronavirus pandemic has forced countries around the world to take steps to weather the economic shock, often including borrowing. Multilateral institutions, the United States, and China all shou…

President Buhari is publicly asking the Federal Inland Revenue Service about its failure to meet tax-collecting targets since 2015. Nigerian Federal and state entities have borrowed so much money that debt service now consumes more than 70 percent of revenue, according to the Finance Ministry.