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Hidden Debt Hurts Economies: Better Disclosure Laws Can Help Ease The Pain – Analysis
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New Commonwealth handbook gives Caribbean countries roadmap to address debt transparency issues – Spiceislander com
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The Commonwealth Secretariat has launched a new debt transparency handbook that offers governments a clear roadmap to align their public debt operations with international standards. By using the guidelines in the handbook, governments can have accurate and reliable information about their debt obligations, enabling them to make informed economic decisions that ultimately will be beneficial
By Adwoa Difie Boakye-Mensah, Associate Adviser, Commonwealth Secretariat As countries grapple with rising and unsustainable debt burdens, there has been a call for a new Global Financial Architecture (GFA) to support developing countries to access both concessional and private capital to effectively manage the mounting debt and climate vulnerabilities.
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