Debt Report 2020 Edition II

This is the second of a new series of Debt Reports for 2020 to be published online, at regular intervals, over the course of the year. Debt Report 2020 Edition II is published at a time when many countries are struggling to cope with the deadly impact of COVID-19 and a large part of the global econo...

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Main Author:	World Bank
Format:	Serial
Language:	English
Published:	World Bank, Washington, DC 2020
Subjects:	DEBT BORROWING EXTERNAL DEBT PUBLIC DEBT DEBT SERVICE DEBT REPORTING SYSTEM LOAN DATA LOAN TERMS
Online Access:	http://documents.worldbank.org/curated/en/113891586837911604/Edition-Two http://hdl.handle.net/10986/33589

id	okr-10986-33589
recordtype	oai_dc
spelling	okr-10986-335892021-05-25T10:54:42Z Debt Report 2020 Edition II World Bank DEBT BORROWING EXTERNAL DEBT PUBLIC DEBT DEBT SERVICE DEBT REPORTING SYSTEM LOAN DATA LOAN TERMS This is the second of a new series of Debt Reports for 2020 to be published online, at regular intervals, over the course of the year. Debt Report 2020 Edition II is published at a time when many countries are struggling to cope with the deadly impact of COVID-19 and a large part of the global economy is shut down, generating both demand and supply side shocks. It is too soon to assess what the economic and financial costs will be, much less predict the impact on capital flows. However, learning from past global crises, low- and middle-income countries face serious risks. Pre-COVID-19 debt inflows from private creditors were forecast as subdued on account of the downturn in the global economy in 2019 and pre-crisis projections are for only a moderate recovery in 2020. This crisis is putting even more pressure on global economic growth and capital flows. As always in times of crisis, the World Bank and the IMF have stepped up to the plate, pledging a total of $62 billion of fast-disbursing funds to support low- and middle-income countries to mitigate the impact of the virus. They have issued a joint communique calling on official bilateral creditors in G20 countries to suspend debt payments from any of the world’s poores t countries that request forbearance, to allow time for an assessment of the impact of the crisis and the possible debt relief needs of each country. The aim of these Debt Reports is to provide users with analyses of evolving trends and developments related to external debt and public debt in individual countries and regional groups, with primary emphasis on low- and middle-income countries, and to keep users abreast of debt-related issues and initiatives. 2020-04-14T17:24:59Z 2020-04-14T17:24:59Z 2020-04 Serial http://documents.worldbank.org/curated/en/113891586837911604/Edition-Two http://hdl.handle.net/10986/33589 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Publication
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English
topic	DEBT BORROWING EXTERNAL DEBT PUBLIC DEBT DEBT SERVICE DEBT REPORTING SYSTEM LOAN DATA LOAN TERMS
spellingShingle	DEBT BORROWING EXTERNAL DEBT PUBLIC DEBT DEBT SERVICE DEBT REPORTING SYSTEM LOAN DATA LOAN TERMS World Bank Debt Report 2020 Edition II
description	This is the second of a new series of Debt Reports for 2020 to be published online, at regular intervals, over the course of the year. Debt Report 2020 Edition II is published at a time when many countries are struggling to cope with the deadly impact of COVID-19 and a large part of the global economy is shut down, generating both demand and supply side shocks. It is too soon to assess what the economic and financial costs will be, much less predict the impact on capital flows. However, learning from past global crises, low- and middle-income countries face serious risks. Pre-COVID-19 debt inflows from private creditors were forecast as subdued on account of the downturn in the global economy in 2019 and pre-crisis projections are for only a moderate recovery in 2020. This crisis is putting even more pressure on global economic growth and capital flows. As always in times of crisis, the World Bank and the IMF have stepped up to the plate, pledging a total of $62 billion of fast-disbursing funds to support low- and middle-income countries to mitigate the impact of the virus. They have issued a joint communique calling on official bilateral creditors in G20 countries to suspend debt payments from any of the world’s poores t countries that request forbearance, to allow time for an assessment of the impact of the crisis and the possible debt relief needs of each country. The aim of these Debt Reports is to provide users with analyses of evolving trends and developments related to external debt and public debt in individual countries and regional groups, with primary emphasis on low- and middle-income countries, and to keep users abreast of debt-related issues and initiatives.
format	Serial
author	World Bank
author_facet	World Bank
author_sort	World Bank
title	Debt Report 2020 Edition II
title_short	Debt Report 2020 Edition II
title_full	Debt Report 2020 Edition II
title_fullStr	Debt Report 2020 Edition II
title_full_unstemmed	Debt Report 2020 Edition II
title_sort	debt report 2020 edition ii
publisher	World Bank, Washington, DC
publishDate	2020
url	http://documents.worldbank.org/curated/en/113891586837911604/Edition-Two http://hdl.handle.net/10986/33589
_version_	1764479091140984832

Debt Report 2020 Edition II

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