Page 2 - Debt Crisis

Many countries may need debt restructuring after Covid-19 fallout: IMF

IMF's chief economist Gita Gopinath told an online event that there would be "much more persistent need for debt relief for the poorer nations of this world" given the pandemic.

Lending, spending... and bending

Bank lending needs to be supported by government spending - the fiscal stimulus

Dealing with debt default

In India, we have seen how major defaulters have decamped to safe havens with covert but full political support

Global debt to top record $255 trn by 2019-end, no signs of slowing: Report

The amount, which is also more than three times the world's annual economic output, has been driven by a $7.5 trillion surge in the first half of the year that shows no signs of slowing

New normal in India's record debt sales keeps long-tenor bonds under stress

One possibility is that the size of borrowings year-on-year will remain high and there is unlikely to be a reduction in supply, says Ashish Parthasarthy, treasurer at HDFC Bank

Over 20 years after Asia debt crisis, McKinsey sees signs of a repeat

McKinsey examined the balance sheets of more than 23,000 companies across eleven Asia-Pacific countries, and found firms in most of Asia face 'significant stress' in servicing debt obligations

Nearly a decade after 2008, another global economic crisis coming?

Between 2000 and 2009, credit for the entire global economy grew at 7.5% annually

Bull market amid debt crisis

Excess liquidity can lead to such a situation

States' debt crisis set to worsen as repayment burden looms

None of the states is in a position to pay debt out of surplus, as there is no surplus, says Icra